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$189,000

1337 ALABAMA AVENUE SW, BIRMINGHAM AL, 35211

Built in1920
Property typeMulti-family

Overview

Active

Listed Sep 21, 2026

Updated 3 weeks ago

Fully occupied, turn-key triplex just minutes from downtown Birmingham, offering immediate in-place income and future rental upside. The property features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, totaling five bedrooms and three bathrooms. All three units are occupied and generate $2,068 per month in gross rent, or $24,816 annualized, with room for growth as market rents in the area continue to rise. Income has stabilized and trended upward since Unit 3 returned online at the beginning of 2026, with September posting the strongest NOI of the trailing 12 months. Financing options include cash, conventional, or DSCR. Buyer to verify all information of importance, including taxes, fees, and school information.

$1,257/mo

Est. mortgage payment based on a $189,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Listed by EXP Realty LLC,Jeremy Galloway  

All information deemed reliable but not guaranteed and should be independently verified. The properties displayed are provided courtesy of the Real Estate Brokers participating in the Greater Alabama MLS. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor EXIT LEGACY REALTY shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 Greater Alabama MLS. All rights reserved.

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