915 40th St S, Birmingham, AL, 35222
About This Home
Great opportunity for a savvy investor! 4 unit apartment Building Located in Forest Park Historical area. Close to UAB downtown shopping and restaurants.
Getting Around
Somewhat Walkable
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1949
Materials
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Apartment
Interior
Appliances
- Appliances included: Dishwasher,Cooktop,Central Control (WTRHTR)
- Laundry features: Washer/Dryer Connection
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Sep Dining,Sep Living
- Flooring: Hardwood
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Electric
Interior Area
- Total interior livable area: 4,000 sqft
Property
Details
- Parcel number: 2300322024005.000
- 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
- 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 | $2,781 | $33,372 |
| Home Insurance * | $276 | $3,312 |
| Property Taxes | $265 | $3,180 |
| Electricity | $447 | $5,370 |
| Total | $3,769 | $45,228 |
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 |
|---|---|---|
| 2026-03-07 | Listed for rent | $895 |
| 2026-03-06 | Listed for sale | $550,000 |
| 2023-01-31 | Sold | $245,000 |
| 2020-07-28 | Listing removed | $750 |
| 2020-06-16 | Price change | $750 |
| 2020-04-29 | Listed for rent | $795 |
| 2019-05-30 | Listing removed | $795 |
| 2019-05-02 | Listed for rent | $795 |
| 2012-10-01 | Listing removed | $650 |
| 2012-08-22 | Listed for rent | $650 |
| 2012-03-14 | Listing removed | $725 |
| 2012-03-10 | Listed for rent | $725 |
| 2011-05-12 | Listing removed | $695 |
| 2011-04-28 | Listed for rent | $695 |
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