Income-producing 2BR/1BA investment property in the East Thomas area of Birmingham. The home is currently tenant-occupied at $715/month, with the lease converting to month-to-month, offering flexibility for a new owner. A new roof was installed in 2024, helping reduce major deferred maintenance concerns. Current rent appears below market; comparable properties support estimated market rent of approximately $900–$1,000/month depending on condition and management strategy. This property is priced with condition and rent level in mind, making it a strong candidate for value-add, long-term hold, or Section 8 repositioning. Suitable for investors seeking a manageable, lower-price acquisition with rent growth potential.
School Information for 117 15th W Avenue, BIRMINGHAM, AL 35204
Elementary School
TUGGLE
Middle School
WILKERSON
High School
PARKER
Listing Courtesy: Keller Williams Realty Vestavia
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