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8001 1st Ave S, Birmingham, AL, 35206

3beds
1baths
980sqft
$325,000
$332price/sqft
$2,659/moest. monthly cost
$106,360/yrincome needed

About This Home

Excellent investment opportunity! This recently renovated fourplex offers updated units and strong income potential. Major improvements include a new HVAC system, enhancing comfort and efficiency for tenants. The property has been refreshed with modern updates, providing attractive living spaces designed for long-term rental appeal. Conveniently located near downtown Birmingham, shopping, dining, public transportation, and major highways, this multifamily property is well-positioned for both tenant demand and investor returns. Whether you're looking to expand your portfolio or secure a turnkey income-producing asset, this updated fourplex is a must-see

Getting Around

50
WalkingCar-Dependent
21
TransitMinimal Transit
43
BikeSomewhat Bikeable

Schools

1/10
1/10

Construction

Condition

  • Year built: 1989

Materials

  • Construction materials: Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Appliances included: Cooktop,Electric Water Heater

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Tile,Vinyl

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 980 sqft

Property

Details

  • Parcel number: 2300113017006.005
  • Special condition: N/A

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
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Heat Wave
Inland Flooding
Lightning

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 $1,643$19,716
Home Insurance *$619$7,428
Property Taxes $157$1,884
Electricity $240$2,881
Total$2,659$31,908
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$91,165/yr
40% on housing$79,770/yr
45% on housing$70,906/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

$332This listing

vs Other Active Listings

Avg $/sqft

ZIP 35206$83
Jefferson County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 35206$79
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
2026-07-05Listed for sale$325,000
2025-05-13Listing removed$1,200
2024-12-13Listed for rent$1,200
2024-12-12Listing removed$1,100
2024-11-22Listed for rent$1,100
2024-07-13Listing removed--
2024-06-11Listed for rent$1,100
2024-06-11Listing removed--
2024-02-13Listed for rent$1,100
2024-01-19Listing removed--
2023-12-17Price change$1,100
2023-12-12Listed for rent$1,000
2021-12-07Sold$230,000
2018-10-17Listing removed$650
2018-09-19Listed for rent$650
2016-05-10Listing removed$650
2013-04-26Sold$69,700
2013-01-19Listing removed$525
2013-01-19Listed for sale$69,700
2013-01-04Listed for rent$525
2012-11-04Listing removed$525
2012-10-04Listed for rent$525
2007-01-11Sold$190,000
2006-04-24Sold$90,000
2001-12-13Sold$149,900

For Sale by Agent

AgentCliff Glansen
BrokerageFlatFee.com

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