Listing
Active
$599,900
For sale
7735 Ru••••• Ave (Sign up for 50 free credits to unlock)Birmingham, AL 35206
20Beds
10Baths
6,500Sq Ft Living
-Sq Ft Lot
1963Year Built
Property Description
Solid multifamily investment in the growing Eastlake/Woodlawn area of Birmingham. This 10-plex offers spacious 2 bedroom, 1 bath units averaging 650 sq. ft. each. Several units have been fully renovated, providing immediate value and appeal to tenants. Currently, 8 of the 10 units are leased with rents ranging from $600-$625/month, ensuring steady cash flow from day one. With upside potential in rental growth and continued renovations, this property is well-positioned for long-term returns.
Property Facts & Features
- Property Type
- Multi Family
- Status
- Active
- Listed
- Aug 20, 2025
- Price per Sq Ft
- $92/sqft
- ZIP Code
- 35206
- Parking
- On Street Parking
- Heating
- Central Control (HEAT), Window Units (HEAT)
- Cooling
- Central Control (COOL), Window Units (COOL)
- Construction
- Brick
- Neighborhood
- Roebuck - South East Lake
- County
- Jefferson
- School District
- Birmingham City School District
Features & Amenities
Utilities
- Sewer: Connected
- Water Source: Public Water
Rental Info
- Tenant Pays: Cable/TV Connect (TENANT), Electric (TENANT), Water/Sewer (TENANT)
Commercial Info
- Operating Expense: 1000
Multi-Unit Info
- Number of Units: 10
Interior Features
- Flooring: Laminate, Wall-to-Wall Carpet
Garage and Parking
- Parking Features: On Street Parking
School Information
- Elementary School: BARRETT
- High School: WOODLAWN
- Middle School: OSSIE WARE MITCHELL
Heating and Cooling
- Cooling Features: Central Control (COOL), Window Units (COOL)
- Heating Features: Central Control (HEAT), Window Units (HEAT)
- Heating: Yes
- Water Heaters: Electric (WTRHTR)
Other Property Info
- Source Listing Status: Active
- County: Jefferson
- Directions: GO 1ST AVE NO. TURN ON 83 ST-BECOMES RUGBY. OR OPORTOMADRID ON 77 PL- BEAR LEFT ONTO RUGBY.
- Area: EastLake, Woodlawn
- Source Neighborhood: RUGBY GARDENS
- Owner Pays: Trash Collection (OWNER)
- Subdivision: RUGBY GARDENS
- Property Subtype: Apartment
Building and Construction
- Year Built: 1963
- Construction Materials: Brick
- Foundation Details: Crawl Space
- Property Age: 63
- Year Built Details: Existing
Price & Event History
| Date | Event | Price | $/Sq Ft |
|---|---|---|---|
| Mar 1, 2026 | Relisted | $599,900 | - |
| Dec 31, 2025 | Listing removed | - | - |
| Oct 14, 2025 | Price Changed | $619,900 | $954 |
| Aug 20, 2025 | Listed | $624,900 | $961 |
| Apr 11, 2024 | Listing removed | - | - |
| Dec 25, 2023 | Price Changed | $395,000 | $608 |
| Oct 16, 2023 | Price Changed | $470,000 | $723 |
| Aug 7, 2023 | Listed | $475,000 | $731 |
Location
Lat 33.55692 · Lng -86.72039