1025 Cherry St, Birmingham, AL, 35228
About This Home
Turnkey investment opportunity with tenant in place! This 3-bedroom home is already producing income at $995/month, offering immediate cash flow from day one. Features include a durable metal roof for long-term, low-maintenance ownership. The property is professionally managed and currently leased through February 2027, making it an ideal addition to any investor’s portfolio seeking stability and reduced vacancy risk. Located in an established rental area of Midfield with consistent demand, this property requires no upfront work—just collect rent. Whether you’re a new investor or expanding your portfolio, this is a solid, income-producing asset. Showings limited due to tenant occupancy.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1958
Materials
- Construction materials: Wood
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Stove-Electric,Electric Water Heater
- Laundry features: Electric Dryer Hookup,Washer Hookup,Main Level,Other,Laundry (ROOM),Yes
Basement
- Area: 0
Basement
- Basement: Crawl Space
Bathroom1
- Level: First
Bedroom1
- Level: First
Bedroom2
- Level: First
Bedroom3
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Features
- None,Smooth Ceilings,Shared Bath,Tub/Shower Combo
- Flooring: Carpet,Vinyl
- Attic: Other,Yes
- Finished area below ground: 0
- Finished area above ground: 836
Heating & Cooling
- Heating features: Window Unit (Heat)
- Cooling features: Window Unit(s)
Interior Area
- Total interior livable area: 836 sqft
Kitchen
- Features: Laminate Counters
- Level: First
Living Room
- Level: First
Property
Details
- Parcel number: 3000262003009.000
- Attached to another structure: Yes
- Special condition: N/A
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Fenced
- Has view: Yes
- View description: None
- Waterfront features: No
Lot
- Lot size: 7,405 sqft
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Heat Wave
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Alabama Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $429 | $5,148 |
| Home Insurance * | $195 | $2,340 |
| Property Taxes | $41 | $492 |
| Electricity | $240 | $2,881 |
| Total | $905 | $10,860 |
Income You'd Need if You Spent...
Alabama FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-17 | Listed for sale | $90,000 |
| 2025-02-25 | Listing removed | $995 |
| 2024-11-15 | Price change | $995 |
| 2024-11-13 | Price change | $1,045 |
| 2024-10-25 | Price change | $1,095 |
| 2024-10-10 | Price change | $1,100 |
| 2024-10-09 | Price change | $1,125 |
| 2024-09-11 | Price change | $1,150 |
| 2024-09-03 | Price change | $1,075 |
| 2024-08-27 | Listed for rent | $1,150 |
| 2022-10-04 | Sold | $105,000 |
| 2022-09-07 | Listing removed | -- |
| 2022-08-22 | Listed for rent | $1,000 |
| 2022-06-10 | Sold | $30,000 |
| 2020-09-11 | Sold | $30,500 |
| 2020-08-14 | Price change | $39,000 |
| 2020-07-03 | Listed for sale | $44,000 |
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