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Backup Offers

7733 5th Ave S, Birmingham, AL, 35206

$350,000

Home List Price

$4,156*

Closing Credit

0 Baths
Multi

Location

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7733 5th Ave S, Birmingham$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Parking2 Spaces per Unit
Year Built1962
HeatingElectric, Other
CoolingOther
FireplaceStove
MLS #21400211
StatusAccepting Backup Offers
(Contingent)

About 7733 5th Ave S

Prime Investment Opportunity! This quadplex offers an outstanding chance for both new and seasoned investors, with a strong capitalization rate and proven rental history. Each occupied unit currently averages $750/month, with room to raise rents in the current market. Three out of the four units are already occupied, providing immediate cash flow, while the fourth unit offers additional potential. New tenants are already looking to occupy. Located in a high-demand area, this property is minutes away from major employers like Amazon, Birmingham–Shuttlesworth International Airport, UAB, and downtown Birmingham. Easy access to public transportation adds to its appeal. Don’t miss out on this ideal addition to your investment portfolio!

Property Details

Property Features

Property Information:

  • Year Built: 1962

Listing Office:

  • Office Name: RealtySouth-MB-Crestline
  • Office Phone: (205) 879-6330
  • Listing Agent: James Faulkner

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove, Washer/Dryer Connection
  • Flooring Type: Some Hardwood, Tile, Vinyl
  • Fireplace: Stove

Exterior Features

Parking Information:

  • Parking: 2 Spaces per Unit

Virtual/3D Tour

  • Virtual Tour: 7733 5th Ave S
Virtual Tour

Utilities

Utilities Information:

  • Heating: Electric, Other
  • Cooling: Other

Other

Directions Information:

  • Directions: From I-20 E, Exit Oporto Madrid and turn left. Turn right on 5th Ave. S. Quadplex is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000

Tax Information:

  • Annual Amount: $1,762
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Birmingham, AL.

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Birmingham, AL

City

Med. Sold Price

$263.6K

Med. Price/SqFt

$163

Avg. Days On Market

43

# of Sold Homes

257

7733 5th Ave S vs Birmingham

76 DAYS ON ROCKET

+33 Days

$350,000

+$86.3K More

KEY TAKEAWAY

This property is $86.3K more than the Median Sold Price in Birmingham, AL.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #21400211

Listing Office:

  • Office Name: RealtySouth-MB-Crestline
  • Office Phone: (205) 879-6330
  • Listing Agent: James Faulkner

IDX The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2024 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/30/2024, 11:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,762$24,300
2018$1,283$17,700
2017$1,283$17,700

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2247295
1
/10

  • Barrett Elementary School

  • 7601 Division Ave

  • 0.40 miles

  • Public District Grades PK-5

school-card-donut-2247296
5
/10

  • Robinson Elementary School

  • 8400 1st Ave S

  • 1.00 miles

  • Public District Grades KG-5

school-card-donut-2247297
2
/10

  • Henry J. Oliver Elementary School

  • 6871 6th Ct S

  • 1.60 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,886. The majority of Birmingham, AL residents have income less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Alabama›Jefferson County›Birmingham›35206›7733 5th Ave S

This home is located at 7733 5th Ave S in Birmingham, AL and zip code 35206 in the South East Lake neighborhood. This home was built in 1962. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $350,000.

In November 2024, from all listings sold in Birmingham, AL there were more than 51 sold above asking price, over 137 sold below and more than 69 were sold right at the asked price. In November 2024 in Birmingham, AL there were 12.4% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $263,633, while the average time on the real estate market was 43 days.

From Rocket Homes Real Estate and based on county public records data.

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