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Backup Offers

8017 1st Ave, Birmingham, AL, 35206

$225,000

Home List Price

$2,672*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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8017 1st Ave, Birmingham$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Parking2 Spaces per Unit
Year Built1989
HeatingElectric
CoolingElectric
FireplaceDen
MLS #21381508
StatusAccepting Backup Offers
(Contingent)

About 8017 1st Ave

This quadplex is available for your next investment purchase in Birmingham. Currently, two unit is occupied by a tenant ($613/650 monthly rent), two units are vacant. According to the Section 8 website, the market rent for each unit is approximately $750 per month. Each unit is a 3 bed 1 bath set up. By renting out the quadplex, you can potentially earn over $35,000 in gross rent annually.

Property Details

Property Features

Property Information:

  • Year Built: 1989

Listing Office:

  • Office Name: eXp Realty, LLC Central
  • Listing Agent: Jeremy Galloway

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Connection
  • Flooring Type: Laminate, Tile, Vinyl
  • Fireplace: Den

Exterior Features

Parking Information:

  • Parking: 2 Spaces per Unit

Virtual/3D Tour

  • Virtual Tour: 8017 1st Ave

Virtual Tour

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

Other

Directions Information:

  • Directions: TAKE 1ST AVE NORTH TURN ON 80TH ST FOLLOW TO 1ST AVENUE SOUTH APARTMENTS ARE ON THE CORNER. TAKE THE ALLEYWAY AND IT IS THE 2ND TO LAST QUADPLEX ON THE BLOCK

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
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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. List Price

$199.6K

Med. Price/SqFt

$128

Avg. Days On Market

73

# of Sold Homes

127

8017 1st Ave vs Birmingham

25 DAYS ON ROCKET

-48 Days

$225,000

+$25.3K More

KEY TAKEAWAY

This property is $25.3K more than the Median List Price in Birmingham, AL.

Based on homes listed in March 2024

MLS Details

MLS Information:

  • MLS Number: #21381508

Listing Office:

  • Office Name: eXp Realty, LLC Central
  • Listing Agent: Jeremy Galloway

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: 4/29/2024, 8:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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-2988060
1
/10

  • Barrett Elementary School

  • 7601 Division Ave

  • 0.49 miles

  • Public District Grades KG-5

school-card-donut-2988061
2
/10

  • Robinson Elementary School

  • 8400 1st Ave S

  • 0.55 miles

  • Public District Grades PK-5

school-card-donut-2988062
5
/10

  • Gate City Elementary School

  • 6871 6th Ct S

  • 2.06 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 $48,929. Typical income of Birmingham, AL residents is less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Alabama›Jefferson County›Birmingham›35206›8017 1st Ave

This home is located at 8017 1st Ave in Birmingham, AL and zip code 35206 in the South East Lake neighborhood. This home was built in 1989. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $225,000.

In March 2024 in Birmingham, AL there were 79.9% more homes for sale than in February 2024. In March 2024 median list price was $199,637 and the average listing age was 73 days.

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

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