Listed By:
Keller Williams Realty Hoover
Address
415 82nd Street N, Birmingham, AL
Price
$ 85,000
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

Property vs Single Family Average in 35206

Price
AVG $140K
$90K
Year Built
AVG 1945
1938
Visits
AVG 130
58
Data Provided by Inside Real Estate®

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