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Sale Pending at 7720 Madrid Ave, Birmingham, AL 35206 | MLS# 21459954 | Listing updated on 2026-08-19
Photo 1 of Sale Pending at 7720 Madrid Ave, Birmingham, AL 35206 | MLS# 21459954 | Listing updated on 2026-08-19
Photo 2 of Sale Pending at 7720 Madrid Ave, Birmingham, AL 35206 | MLS# 21459954 | Listing updated on 2026-08-19
Photo 3 of Sale Pending at 7720 Madrid Ave, Birmingham, AL 35206 | MLS# 21459954 | Listing updated on 2026-08-19
Photo 4 of Sale Pending at 7720 Madrid Ave, Birmingham, AL 35206 | MLS# 21459954 | Listing updated on 2026-08-19
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$1,350,000

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon--sqft

7720 Madrid Ave, Birmingham, AL 35206

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  • Apartment

  • Built in 1964

  • $-- HOA

  • -- sqft lot

  • --/sqft

Description

Welcome to 7720/7730 Madrid Ave, 20 light-filled Garden Apartment units. Market rents for these units now $800/door. Tenants have separate meters for electricity and water, owner pays trash and landscaping. Virtually all new HVAC, new water heaters majority, newly refinished parking lot, exterior lighting, new railings for both buildings to code, flooring and paint. Poised for long-term cash flow and appreciation. Less than 10 miles from downtown, East Lake is a desirable part of the city where tenants can be close to work, family, shopping centers, and nature. Quiet buildings occupied by working families. Professional Management in place with established tenant relations...

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  • Houzeo last checked: 10 minutes ago
  • Listing updated: August 19, 2026 at 7:24 pm
  • Listing Provided by: Davey Lanshaw | Bear Flag Property Management (205) 733-0354
  • Source: Greater Alabama MLS-AL | MLS#: 21459954 Greater Alabama MLS-AL

Property Details

  • Status

    Pending

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Jefferson County

  • City

    Birmingham

  • Neighborhood

    --

  • Year Built

    1964

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Greater Alabama MLS

  • MLS Number

    21459954

  • MLS Status

    Pending - Pending

  • Days on Market

    52

Data provided by Redfin

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