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$2,975,000
-- Bed
- -- Bath
--sqft
1517 Cullman Ave, Birmingham, AL 35208
$2,975,000
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Apartment
Built in 1930
$-- HOA
-- sqft lot
--/sqft
Description
Welcome to Ridgewood Apartments, a 44-Unit community that underwent a complete rehabilitation down to the studs in 2020. The renovation included updated electrical & plumbing systems, new roofs, bathrooms, flooring, windows & improvements to the grounds. The property consists of 44 one-bedroom / one-bathroom units, with approximately 100% occupancy. Ridgewood generates a strong current income with an existing rent roll totaling $32,965/monthly, offering investors the opportunity to acquire a recently renovated, well maintained multifamily property with strong occupancy and established rental income.
- Houzeo last checked: 10 minutes ago
- Listing updated: August 20, 2026 at 5:41 pm
- Listing Provided by: Joey Valekis , Billy Valekis | ARC Realty Vestavia (205) 969-8910
- Source: Greater Alabama MLS-AL | MLS#: 21462708

Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1930
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Greater Alabama MLS
MLS Number
21462708
MLS Status
Active - Active
Days on Market
24
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