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704 Falmouth St, Birmingham, AL, 35224

2beds
1baths
946sqft
$81,900
$87price/sqft
$909/moest. monthly cost
$36,360/yrincome needed

About This Home

Investment opportunity! Leased until 9/30/26 Great rental income for investors at $890/mo. This property is 1 of 3 offered in a portfolio of other properties. Seller willing to sell individually or all 3 together. Other properties in portfolio are 3716 Fir Ave SW at 99K, and 2709 9th Street NE at $125K. Seller will not entertain subject 2 or owner financing options. Don't miss the RENT ROLL in the documents section. Property is tenant occupied - Please DO NOT DISTURB TENANT. Only AFTER property is under contract are showings scheduled 48HRS in advance.

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
0
BikeNot Bike Friendly

Schools

5/10
Minor Community SchoolGrades PK-51.9 mi
3/10
Minor Middle SchoolGrades 6-85.2 mi
1/10
Minor High SchoolGrades 9-124.0 mi

Construction

Condition

  • Year built: 1915

Materials

  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: None,Electric Water Heater
  • Laundry features: Electric Dryer Hookup,Washer Hookup,Main Level,Laundry Room,Yes

Basement

  • Area: 0

Basement

  • Basement: Crawl Space

Bathroom1

  • Level: First

Bedroom1

  • Level: First

Bedroom2

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • None,Tub/Shower Combo
  • Flooring: Vinyl
  • Attic: Other,None
  • Finished area below ground: 0
  • Finished area above ground: 946

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 946 sqft

Kitchen

  • Features: Laminate Counters
  • Level: First

Living Room

  • Level: First

Property

Details

  • Parcel number: 2100342011005.000
  • Special condition: As Is

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch,Open (DECK),Deck
  • Has view: Yes
  • View description: None
  • Waterfront features: No

Lot

  • Lot size: 10,018 sqft

Parking

  • Parking features: Driveway
  • 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

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Tornado
Heat Wave
Inland Flooding
Strong Wind

FEMA Declared Disasters Across Alabama Counties

Hurricane
Severe Storm
Tornado
Tropical Storm

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

MonthlyAnnual
Mortgage $414$4,968
Home Insurance *$216$2,592
Property Taxes $39$468
Electricity $240$2,881
Total$909$10,908
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$31,165/yr
40% on housing$27,270/yr
45% on housing$24,240/yr

Alabama FAIR Plan Programs

Alabama FAIR Plan

Covered
None
Add-on available
WildfireWildfire
Visit Website →

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.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$87This listing

vs Other Active Listings

Avg $/sqft

ZIP 35224$32
Jefferson County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 35224$68
Jefferson County$136

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

DateEventPrice
2025-11-12Listed for sale$81,900
2022-08-08Listing removed--
2022-07-10Price change$59,500
2022-05-28Listed for sale$66,500
2021-09-01Listing removed--
2021-08-24Listed for rent$650
2019-08-08Sold$5,875

For Sale by Agent

AgentAngie Reeder
BrokerageKeller Williams Realty Vestavia

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