Multifamily Property for Sale in Birmingham, AL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Birmingham, AL 35206

Description

This offering includes three multifamily properties totaling 92 units in Roebuck, an established east Birmingham submarket. The portfolio provides immediate scale within a fundamentally strong workforce housing corridor supported by steady employment and long-term rental demand. With classic construction and operational flexibility, the assets allow new ownership to execute a phased improvement plan while maintaining day-one income stability. Investment Highlights: • 92-unit portfolio in Roebuck submarket of Birmingham with scale, strong in-place cash flow, and operational upside through interior renovations and expense optimization. • Value-add opportunity across 1967–1986 vintage assets with below-market rents and ability to capture premium through targeted upgrades and professional management. • Strategic Birmingham location near I-59/I-20 with access to major employers, retail corridors, and strong renter demand in an established workforce housing submarket.

Market Context

This multifamily in Birmingham, AL is listed for sale. It has been on the market for 68 days. Compare it against other multifamily listings for sale in Birmingham, AL — <a href="/search/sale/multifamily/alabama/birmingham">view the full market</a>.

As of Q4 2021, the Birmingham multifamily market showed average asking rents near $1355.00/unit/mo, rents up 4.7% year over year, and cap rates around 6.5%. Source: Consensus Q4 2021 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Multifamily market FAQ

What is the typical cap rate for multifamily in Birmingham?
About 6.5% as of Q4 2021, per Consensus.

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