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Magan Battle

magan@battlerealtygrp.com +1(205) 745-5352

$ 1,900,000

Est. payment | -/mo

2 Beds

1 Bath

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$ 1,900,000

Est. payment | -/mo

Save Virtual Tour

2 Beds

1 Bath

Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Arlington

MLS Listing ID 21449152

Bedrooms 2

Full Baths 1

Year Built 1978

Property Sub-Type Apartment

Property Description

Welcome to 500 Tuscaloosa Ave a 20-unit income producing apartment complex Birmingham, AL offering immediate cash flow with additional upside potential. This property features all 2/1 units, with 17 units fully renovated between 2022–present. Renovations include updated interiors, new flooring, cabinetry, appliances, and major system upgrades. All renovated units have new HVAC systems and tankless water heaters, providing long-term efficiency and reduced maintenance costs. Currently, the property is primarily stabilized, with:19-income-producing units 1 vacant unit-ready for lease or renovation completion) 2 units positioned for full renovation (value-add opportunity) The property generates strong income, with current rent roll totaling approximately $16,500/month. Additional features include: Washer & dryer connections in units. Updated interiors and systems across majority of units. Consistent rental demand in the area. Professional management currently in place.

Location

State AL

County Jefferson

Area Ensley, Fairfield, Midfield, West End

Interior

Heating Central Control (HEAT)

Cooling Central Control (COOL)

Flooring Laminate, Wall-to-Wall Carpet

Exterior

Parking Features 1 Space per Unit

Building

Foundation Slab

Sewer Connected

Water Public Water

Schools

Elementary Schools Washington

Middle Schools Arrington

High Schools Parker

Others

Financing Cash,Conventional

Virtual Tour https://www.propertypanorama.com/instaview/bham/21449152

Listed by First Class Realty Services, L

Nearby Locations

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+1(205) 745-5352

magan@battlerealtygrp.com

120 19th St N, Birmingham, Alabama, 35203, USA

500 TUSCALOOSA AVENUE SW Birmingham, AL 35211

Magan Battle

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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500 TUSCALOOSA AVENUE SW