Log In/Sign Up
Your email has been sent.
Amphitheater Apartments 2400 19th Ave N 12 Unit Apartment Building $970,000 ($80,833/Unit) Birmingham, AL 35234
INVESTMENT HIGHLIGHTS
- Excellent investment opportunity in a prime location
EXECUTIVE SUMMARY
This 12-unit value-add multifamily property is ideally located just 2 minutes from the Coca-Cola Amphitheater, 3 minutes from Progressive Stadium, and only 4 minutes from Downtown Birmingham.
Built in 1978, the property offers approximately 9,984 square feet on a ±0.45-acre lot.
All units are 2BR/1BA with washer/dryer connections and currently rented well below market rates. This property offers significant upside potential, as the area is experiencing strong growth and development.
Property is well-maintained, featuring a durable older metal roof in good condition. Recent upgrades to all units within the past year include new flooring, plumbing, electrical systems, kitchen, bathrooms, and windows.
All utilities are individually metered for each unit.
Property does not currently have central heating and air, but features newer window units and is already equipped with wiring and disconnects for an HVAC system to be installed by a future owner.
The property is currently 83% occupied, with 10 of the 12 units leased and the remaining 2 units in the lease-up phase.
Built in 1978, the property offers approximately 9,984 square feet on a ±0.45-acre lot.
All units are 2BR/1BA with washer/dryer connections and currently rented well below market rates. This property offers significant upside potential, as the area is experiencing strong growth and development.
Property is well-maintained, featuring a durable older metal roof in good condition. Recent upgrades to all units within the past year include new flooring, plumbing, electrical systems, kitchen, bathrooms, and windows.
All utilities are individually metered for each unit.
Property does not currently have central heating and air, but features newer window units and is already equipped with wiring and disconnects for an HVAC system to be installed by a future owner.
The property is currently 83% occupied, with 10 of the 12 units leased and the remaining 2 units in the lease-up phase.
PROPERTY FACTS
| Price | $970,000 | Building Class | C |
| Price Per Unit | $80,833 | Lot Size | 0.40 AC |
| Sale Type | Investment | Building Size | 9,984 SF |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1978/2025 |
| Property Subtype | Apartment | Parking Ratio | 1.6/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | CR5 - A "CR5" zoning description varies by location but generally refers to a Rural or Community Residential zone. | ||
| Price | $970,000 |
| Price Per Unit | $80,833 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 9,984 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1978/2025 |
| Parking Ratio | 1.6/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | CR5 - A "CR5" zoning description varies by location but generally refers to a Rural or Community Residential zone. |
AMENITIES
UNIT AMENITIES
- Washer/Dryer
- Kitchen
- Tub/Shower
1 1
PROPERTY TAXES
| Parcel Number | 22-00-23-4-024-013.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $130,400 |
PROPERTY TAXES
Parcel Number
22-00-23-4-024-013.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$130,400
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Amphitheater Apartments | 2400 19th Ave N
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.