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$400,000

1316 16TH STREET S, BIRMINGHAM AL, 35205

Built in1910
Property typeMulti-family

Overview

Active

Listed Sep 19, 2026

Updated 3 weeks ago

**INVESTOR OPPORTUNITY IN SOUTH BIRMINGHAM!** This spacious 2,836 SF triplex is offered at $400,000 and features three income-producing units with an estimated total rental potential of $3,242/month ($38,904 annually, subject to change). The main level includes a 2BR/1BA and 1BR/1BA, each approximately 1,003 SF, while the 830 SF basement features an additional 2BR/1BA. All units are currently vacant, giving a new owner the opportunity to establish their own tenant base and leasing strategy. Recent improvements include kitchen and bathroom renovations. The upstairs units showcase impressive 12-foot ceilings, hardwood floors throughout, and tile in the kitchens and baths. The basement offers 8-foot ceilings and concrete floors. Built in 1910, the property also features street parking and a beautiful weeping willow in the rear common area. A compelling opportunity for investors seeking a multifamily property with existing updates and potential to optimize rental income.

$2,661/mo

Est. mortgage payment based on a $400,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Listed by SeBro Realty,Thomas Allen  

All information deemed reliable but not guaranteed and should be independently verified. The properties displayed are provided courtesy of the Real Estate Brokers participating in the Greater Alabama MLS. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sold By The Bell shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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