- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
$485,000
Monthly Est:$2,414
-- Bed
-- Bath
--sqft
2112 Martin Luther King Dr, Jasper, AL 35501
$485,000
$2,414/moEst:
Get Pre-Approved
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, with everything else handled by professional management already in place. This means zero headaches and steady cash flow from day one.
Whether you’re a local investor looking to expand your portfolio or a first-timer wanting a turnkey opportunity, this property delivers strong returns and room for even more growth.
- Houzeo last checked: 10 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
282
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Flooring
Vinyl
Sewer
Connected
Cooling
Ceiling Fan(s), Electric, Multi Units
Heating
Electric, Heat Pump
Construction
Year Built
Year Built: 1980
Home type
Apartment
Construction Materials
Concrete
Foundation Details
Slab
Other Features
Tenant Pays
Cable Tv, Electricity
Price History
| Date | Event | Price |
|---|---|---|
01/18/2026 Source: | Listed for Sale | $485,000 -3.00% $0/sqft |
01/18/2026 Source: | Price Increased | $500,000 +3.09% $0/sqft |
01/18/2026 Source: | Price Increased | $485,000 +62.21% $0/sqft |
09/22/2020 Source: | Price Increased | $299,000 +12.83% $0/sqft |
09/22/2020 Source: | Sold | $265,000 $0/sqft |
Getting Around 2112 Martin Luther King Dr
Bike Score®
Somewhat Bikeable
33/100
Walk Score®
Car-Dependent
46/100
Data provided by Redfin
Find Homes by Property Features in Jasper, AL
Based on information from the Greater Alabama MLS through Oct 29, 2026, 02:15AM. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Greater Alabama MLS, Inc. All rights reserved.
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