- Overview
- Description
- Property Details
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$699,900
Monthly Est:$3,484
-- Bed
-- Bath
--sqft
3004 Avenue W, Birmingham, AL 35208
$699,900
$3,484/moEst:
Get Pre-Approved
Apartment
Built in 1988
$-- HOA
-- sqft lot
--/sqft
Description
VALUE-ADD MULTIFAMILY INVESTMENT OPPORTUNITY! Don't miss this opportunity to acquire an 100% occupied, 11-unit apartment complex strategically located in Birmingham with convenient access to the Birmingham's CrossPlex, Downtown Birmingham, UAB, major employment centers and transportation corridors.
The property consists of 11, 2-BR, 1-BA units, each equipped with central HVAC, washer/dryer connections, and separately metered utilities.
The real opportunity is in the property's significant rental upside. Current rents are below prevailing market rates, creating an attractive value-add opportunity to increase revenue over time through strategic management, improvements, and rent optimization. With 100% occupancy and considerable room for rental growth, this property offers the potential to strengthen NOI and increase the property's long-term value.
Priced below its appraised value, this 11-unit complex presents a compelling opportunity for an investor, looking to expand.
- Houzeo last checked: 11 minutes ago
- Listing updated: September 11, 2026 at 2:53 am
- Listing Provided by: Abra Barnes | Barnes & Associates (120) 532-83330
- Source: Greater Alabama MLS-AL | MLS#: 21462453
Property Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1988
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Greater Alabama MLS
MLS Number
21462453
MLS Status
Pending - Pending
Days on Market
53
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Flooring
Laminate
Sewer
Connected
Heating
Cooling
Central W/ind Ctrl
Construction
Year Built
Year Built: 1988
Home type
Apartment
Foundation Details
Construction Materials
Utilities & Energy
Basement
Crawl Space
Other Features
Subdivision Name
Miller
Tenant Pays
All Utilities
Price History
| Date | Event | Price |
|---|---|---|
08/16/2026 Source: | Listed for Sale | $699,900 $0/sqft |
08/16/2026 Source: | Pending | $699,900 +14.74% $0/sqft |
03/18/2023 Source: | Off Market | $610,000 +87.69% $0/sqft |
08/29/2018 Source: | Listing Removed | $325,000 $0/sqft |
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Based on information from the Greater Alabama MLS through Oct 10, 2026, 01:00PM. 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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