3827 40th Ave N, Birmingham, AL, 35217
About This Home
Motivated Seller!! Great investment opportunity to add to your rental portfolio! This income-producing duplex features two units with current tenants in place, offering immediate cash flow and long-term potential. Unit A is occupied with a Section 8 lease through July 31, 2026, generating $825 per month with a 100% voucher. This unit offers 2 bedrooms and 1 full bathroom with some updates. Unit B is occupied by a straight-pay tenant on a month-to-month lease, currently renting for $500 per month, and also features 2 bedrooms and 1 bathroom. Both units include carpet in living areas and bedrooms, with vinyl plank flooring in the kitchen, laundry area, and bathroom. Kitchens are equipped with an electric stove and refrigerator, and bathrooms feature a tub/shower combination. Additional features include a flat backyard, off-street parking, and certified contractor repair estimates available upon request. Solid opportunity for investors seeking stable income with upside.
Getting Around
Somewhat Walkable
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Construction materials: Siding
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Appliances
- Appliances included: Cooktop,Stove,Electric Water Heater
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Flooring: Vinyl,Carpet
- Fireplace: Yes
Heating & Cooling
- Heating features: Central w/Ind Ctrl(HEAT),Fireplace(s)
- Cooling features: Central w/Ind Ctrl(COOL),Electric
Interior Area
- Total interior livable area: 1,992 sqft
Property
Details
- Parcel number: 2300181009005.000
- Special condition: As Is
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
- 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 | $480 | $5,760 |
| Home Insurance * | $206 | $2,472 |
| Property Taxes | $45 | $540 |
| Electricity | $240 | $2,881 |
| Total | $971 | $11,652 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-07 | Pending sale | $95,000 |
| 2026-04-30 | Price change | $95,000 |
| 2026-04-07 | Price change | $110,000 |
| 2026-01-16 | Listed for sale | $120,000 |
| 2025-06-25 | Listing removed | $114,900 |
| 2025-06-11 | Contingent | $114,900 |
| 2025-05-30 | Listed for sale | $114,900 |
| 2025-05-28 | Contingent | $114,900 |
| 2025-05-13 | Price change | $114,900 |
| 2025-04-08 | Price change | $119,500 |
| 2025-03-27 | Listed for sale | $124,500 |
| 2024-11-21 | Listing removed | $115,000 |
| 2024-10-31 | Listed for sale | $115,000 |
| 2024-10-16 | Listing removed | $115,000 |
| 2024-09-30 | Listed for sale | $120,000 |
| 2023-07-13 | Sold | $105,000 |
| 2023-06-17 | Contingent | $130,000 |
| 2023-04-27 | Listed for sale | $130,000 |
| 2023-04-21 | Contingent | $130,000 |
| 2023-04-07 | Listed for sale | $130,000 |
| 2020-12-10 | Sold | $103,500 |
| 2020-11-02 | Pending sale | $115,000 |
| 2020-09-23 | Listed for sale | $115,000 |
| 2019-04-11 | Listing removed | $550 |
| 2019-02-13 | Price change | $550 |
| 2018-10-19 | Listed for rent | $625 |
| 2018-04-16 | Sold | $68,000 |
| 2015-09-16 | Sold | $12,000 |
| 2004-03-26 | Sold | $40,000 |
View on Zillow