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$485,000
-- Bed
-- Bath
--sqft
2112 Martin Luther King Dr, Jasper, AL 35501
$485,000
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Apartment
Built in 1980
$-- HOA
-- sqft lot
--/sqft
Description
Cash-Flowing 8-Unit Apartment Complex in Jasper, Alabama – Turnkey and Ready to Go!
Professionally managed 8-unit apartment complex with room for value add. All units are spacious 2 bed / 1 bath, 1,000 sq. ft. each. Rents are currently $800 per month, and as tenants cycle out and the units are refreshed, we’re increasing them to $850+ — building in immediate upside for the next owner. With a mix of Section 8 and regular tenants, the apartments stay at a 90% or higher occupancy rate. Walker County has a rental shortage and a large demand for Section 8 rentals.
The property is clean, updated, and consistently maintained. Water and dumpster service are paid by the owner, ...
- Houzeo last checked: 2 minutes ago
- Listing updated: March 1, 2026 at 1:21 pm
- Listing Provided by: Jordan Miles | RealtySouth The Harbin Company (205) 265-3324
- Source: Greater Alabama MLS-AL | MLS#: 21441236
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1980
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Greater Alabama MLS
MLS Number
21441236
MLS Status
Active - Active
Days on Market
236
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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