Property Attributes
- MLS#21459929
- TypeSingle Family
- Listing Status Active
- CountyJEFFERSON
- CityBirmingham
- AreaEastLake - Woodlawn
- NeighborhoodEast Lake
- Zip35206
- Style
- Year Built1938
- Price$ 85,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1257
- Lot Size0.22 Acres
Data Source:
Greater Alabama MLS (GALMLS)
Property Description
An excellent opportunity to acquire a tenant-occupied, income-producing single-family residence as part of a 4 home investment portfolio. This property offers immediate cash flow with an established tenant already in place, making it an attractive addition for investors seeking stable rental income and long-term appreciation. This home is ideal for investors looking for a turnkey. Situated in the established Birmingham neighborhood of East Lake with convenient access to schools, shopping, employment centers, and major transportation routes, in walking distance to the park, the home is well-positioned to benefit from continued rental demand. Investor Alert: The 4 home portfolio currently brings in $3,390/mo from just 3 occupied homes. Once the 4th vacant property is leased, the projected portfolio income jumps to $4,190+/mo, unlocking a massive 14.37% Pro Forma Gross Yield and an 8.07% Cap Rate. See matching portfolio listings at MLS 21459932, 21459928, 21459929, 21459930.
| Elementary School | Middle School | High School |
|---|---|---|
| Curry Elementary School | Ossie Ware Mitchell Middle School | Woodlawn High School |
| Price History | |
|---|---|
| 7/23/2026 | Listed $85,000 |
General Features
| Heating | Central (HEAT) |
|---|---|
| Cooling | Central (COOL) |
| Laundry Y/N | Yes |
| Development Status | Existing |
| Water | Public Water |
| Status | Active |
| Full Baths | 1 |
| Bathrooms | 1 |
| Year Built | 1938 |
| Subdivision | EAST LAKE |
| Water Heater | Electric (WTRHTR) |
| County | Jefferson |
| Class | RESIDENTIAL |
| Type | Single Family |
| FIPS Code | 01073 |
| Features | Park |
| Levels | 1-Story |
| Status | Active |
| Tax District | BIRMINGHAM |
| Subdivision | AL |
| Sale/Rent | For Sale |
| ROOMS | Bedroom (ROOM),Kitchen (ROOM) |
| Area | EastLake,Woodlawn |
| Primary City | Birmingham |
| High School | WOODLAWN |
| City | BIRMINGHAM |
| Financing | Cash,Conventional |
| Elementary School | CURRY |
| Middle School | OSSIE WARE MITCHELL |
| Legal Description | SE 50 FT OF LOTS 21 THRU 24 BLK 14-D EAST LAKE |
| DOM | 48 |
| Postal Code | 35206 |
| Price Per Sq Ft Total AG | 67.62 |
Interior Features
| Interior Amenities | None |
|---|---|
| Beds | 3 |
| Floors | Carpet,Hardwood,Tile Floor |
| LAUNDRY LOCATION | Laundry (MLVL) |
| Attic | Pull-Down |
| KITCHEN EQUIPMENT | None |
| Room 1 | Living |
| Room 2 | Bedroom |
| Room 3 | Bedroom |
| Room 4 | Kitchen |
| Room 5 | Bedroom |
Exterior Features
| Exterior | Brick Over Foundation,Stone (CONST),Wood |
|---|---|
| Foundation | Crawl Space |
| Waterfront | No |
| Lot Size Area | 0.22 |
| Patio? | No |
| Exterior Features | Storage Building,Porch |
| Pool? | No |
| Flood Plain (Y/N) | No |
| SEWER/SEPTIC | Connected |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
© 2026 Greater Alabama MLS. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or Kelly Right Real Estate. Data last updated: September 12, 2026 10:47 PM UTC