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2208 Avenue G 3 Unit Apartment Building Offered at $189,000 at a 11.54% Cap Rate Birmingham, AL 35218

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EXECUTIVE SUMMARY

Discover a clean, fully occupied brick triplex for sale in Birmingham, Alabama, located in the growing Ensley corridor. This updated small multifamily property featuresthree spacious 2BR/1BA units, each with modern interior upgrades including luxury vinyl flooring, updated cabinets, fresh paint, and multiple newer water heaters. Theexterior has been freshly repainted, and the roof presents well, offering long-term durability and reduced maintenance. Each unit has a private entrance, enhancingprivacy and tenant retention. Tenants pay their own utilities, creating a low-overhead, low-maintenance setup that investors appreciate. The property sits on a level lotwith clean curb appeal, easy parking, and excellent access to downtown Birmingham, UAB, major employers, I-20/59, and public transportation. This updated and well-maintained triplex is ideal for investors seeking stable occupancy, strong rental demand, and long-term portfolio growth in a strengthening Birmingham rental market.

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $189,000
Price Per Unit $63,000
Sale Type Investment
Cap Rate 11.54%
No. Units 3
Property Type
Multifamily
  • Multifamily Apartments
Building Class C
Lot Size 0.17 AC
Building Size 2,678 SF
Average Occupancy 100%
No. Stories 1
Year Built 1958
Zoning R5

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Washer/Dryer Hookup
  • Ceiling Fans
  • Kitchen
  • Tub/Shower
  • Porch
  • Vinyl Flooring

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 3 $700.00 902
  • Listing ID: 38465035

  • Date on Market: 11/15/2025

  • Last Updated:

  • Address: 2208 Avenue G, Birmingham, AL 35218

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