Birmingham

Birmingham Alabama skyline

Birmingham

Now is a great time to add Birmingham real estate to your investment portfolio.  Birmingham home prices are currently at historically low levels. Below are just a few of the reason why you should buy investment property in Birmingham, Alabama:

  • It is one of the most affordable cities in the U.S. to live.
  • Home prices are currently at historically low levels.
  • It is one of the most important business centers in the Southeastern U.S.
  • It ranks 54th in population among the nation’s top 268 metropolitan areas.
  • The local economy is diversified with manufacturing, higher education, medical professions, and banking being among the top employers.
  • It has three universities, four junior colleges, three technical schools, & three religious training schools.
  • 46 percent of the population are renters.
  • Rental rates vs. home values allow for excellent cash flow opportunities.
  • Rental rates are on the rise.
  • Rental unit demand is currently high.

The City of Birmingham, Alabama, is a municipal corporation under the laws of the State of Alabama. Birmingham is the largest city in the state with a population currently estimated at 242,820, and a metro population of 1,079,089.

Nestled at the foothills of the Appalachian Mountains at the cross-section of two major railroads, the city was once the primary industrial center of the southern United States. At the height of the nation’s manufacturing age, the city grew so fast in population, it was called the “Magic City.” Today, Birmingham has transformed itself into a medical research, banking and service-based economy, making it one of the nation’s most livable cities with a vibrant downtown, a burgeoning loft community, a world-class culinary scene and more green space per capita than any other city in the nation!

Birmingham SkylineBirmingham also boasts 99 historic neighborhoods and is often referred to as the cradle of the American Civil Rights Movement. The average (high) temperature in the city is 65°; the average low is 51°. The city is centrally located in the southeast and easily accessible to major hubs in the region.

Birmingham Stats:

  • Ranks 13th among the largest southeastern metropolitan areas
  • Represents 24 percent of Alabama’s total population
  • Represents 31 percent of Alabama’s total payroll dollars
  • Ranks 48th in population among the nation’s top 300 metropolitan areas
  • Home to 40,680 Businesses

Some of Birmingham’s Largest Employers:

University of Alabama at Birmingham
University of Alabama at Birmingham Medical Center
Baptist Medical Centers
BellSouth
Honda Manufacturing Plant
Mercedes – Benz Manufacturing Plant
University of Alabama at Birmingham
Protective Life Insurance Headquarters
Regions Bank, NA. Headquarters
Wells Fargo Bank
BBVA Compass Bank
Alabama Power Company Headquarters
Books-A-Million Headquarters
Energen Corporation
SONAT Corporation

Local Area Attractions:

The Birmingham Civil Rights Institute is a large interpretive museum and research center in Birmingham, Alabama that depicts the struggles of the American Civil Rights Movement in the 1950s and 1960s. The Institute is located in the Civil Rights District, which includes the historic 16th Street Baptist Church, Kelly Ingram Park, Fourth Avenue Business District, and the Alabama Jazz Hall of Fame located in the Carver Theatre.

The Historic Alabama Theater is a movie palace in Birmingham, Alabama. It was built in 1927 by Paramount’s Publix Theatre chain as its flagship theater for the southeastern region of the United States. Seating 2,500 people at the time, it was the largest in the Birmingham Theatre district. The district was once home to a myriad of large theaters that featured vaudeville, performing arts, nickelodeons, and large first-run movie palaces. The Alabama is the only district theater still operating today. Built to show silent films, the Alabama still features its original Wurlitzer theater organ.

The Barbers Motor Sports Museum and Park is a 740 acres multi-purpose racing facility located on the eastern fringes of Birmingham, Alabama,near Leeds. It was built by George Barber, and includes the Barber Vintage Motorsport Museum. It has been the site of the IndyCar Series Grand Prix of Alabama since 2010 season. Barber is also the home of the North American Porsche Driving School and the Kevin Schwantz Motorcycle School.

Birmingham, AL view from Railroad Park Railroad Park is a 19-acre park in downtown Birmingham, Alabama, that opened in the fall of 2010. It was designed by landscape architect Tom Leader and built by Birmingham-based Brasfield & Gorrie. The park lies immediately south of the Norfolk Southern and CSX rail lines through downtown Birmingham.

Properties In and Around Birmingham:

Compare properties

308 Mignon Ave

41 1,401 ft2
Monthly Rent: $895 Annual Rent: $10,740 Check out the full program here: 308 Mignon Ave ...
Monthly Rent: $895 Annual Rent: $10,740 Check out the full program here: 308 Mignon Ave Proforma Information contained in this proforma ...
$ 82.900

7307 Whitney Dr

32 1,185 ft2
Monthly Rent: $1,195 Annual Rent: $14,340 Check out the full program here: 7307 Whitney Dr ...
Monthly Rent: $1,195 Annual Rent: $14,340 Check out the full program here: 7307 Whitney Dr Proforma Information contained in this proforma ...
$ 124.900

2818 Valley Hill Cir

31.5 1,098 ft2
Monthly Rent: $875 Annual Rent: $10,500 Check out the full program here: 2818 Valley Hill ...
Monthly Rent: $875 Annual Rent: $10,500 Check out the full program here: 2818 Valley Hill Cir Proforma Information contained in this ...
$ 79.900

501 Roebuck Dr

31.5 1,298 ft2
Monthly Rent: $895 Annual Rent: $10,740 Check out the full program here: 501 Roebuck Dr ...
Monthly Rent: $895 Annual Rent: $10,740 Check out the full program here: 501 Roebuck Dr Proforma Information contained in this proforma ...
$ 84.900

929 Sunset Dr

31 1,056 ft2
Monthly Rent: $875 Annual Rent: $10,500 Check out the full proforma here: 929 Sunset Dr ...
Monthly Rent: $875 Annual Rent: $10,500 Check out the full proforma here: 929 Sunset Dr Proforma Information contained in this proforma ...
$ 82.900
New

7703 6th Ave N

21 1,186 ft2
7703 6th Avenue N, Birmingham, AL 35206 2 BR / 1 BA 1,186 Sq. ...
7703 6th Avenue N, Birmingham, AL 35206 2 BR / 1 BA 1,186 Sq. Ft. Built 1935 SALE PRICE: $14,900 CONTACT ...
$ 14.900

937 Five Mile Rd

31 1,198 ft2
Monthly Rent: $875 Annual Rent: $10,500 Check out the full proforma here: 937 Five Mile ...
Monthly Rent: $875 Annual Rent: $10,500 Check out the full proforma here: 937 Five Mile Rd Proforma Information contained in this ...
$ 82.900

1137 Linwood St

31 1,255 ft2
Monthly Rent: $825 Annual Rent: $9,900 Check out the full proforma here: 1137 Linwood St ...
Monthly Rent: $825 Annual Rent: $9,900 Check out the full proforma here: 1137 Linwood St Proforma Information contained in this proforma ...
$ 74.900

200 23rd Terr NW

31 1,050 ft2
Monthly Rent: $875 Annual Rent: $10,500 Check out the full proforma here: 200 23rd Terr ...
Monthly Rent: $875 Annual Rent: $10,500 Check out the full proforma here: 200 23rd Terr Proforma Information contained in this proforma ...
$ 81.900

7225 Pine Tree Ln

32 1,472 ft2
Monthly Rent: $950 Annual Rent: $11,400 Check out the full program here: 7225 Pine Tree ...
Monthly Rent: $950 Annual Rent: $11,400 Check out the full program here: 7225 Pine Tree Proforma Information contained in this proforma ...
$ 86.900

900 Meadowbrook Dr

31 1,128 ft2
Monthly Rent: $875 Annual Rent: $10,500 Check out the full proforma here: 900 Meadowbrook Dr ...
Monthly Rent: $875 Annual Rent: $10,500 Check out the full proforma here: 900 Meadowbrook Dr Proforma Information contained in this proforma ...
$ 81.900
Under Contract

1525 64th St W

31
1525 64th Street W, Birmingham, AL 35228 3 BR / 1 BA 948 Sq. ...
1525 64th Street W, Birmingham, AL 35228 3 BR / 1 BA 948 Sq. Ft. Built 1955 SALE PRICE: $16,500 CONTACT ...
$ 16.500
Under Contract

260 High Ridge Dr

32 1,495 ft2
Monthly Rent: $1,450 Annual Rent: $17,400 Check out the full proforma here: 260 High Ridge ...
Monthly Rent: $1,450 Annual Rent: $17,400 Check out the full proforma here: 260 High Ridge Proforma Information contained in this proforma ...
$ 152.900
Under Contract

2004 10th Ave

32 1,150 ft2
Monthly Rent: $1,150 Annual Rent: $13,800 Check out the full proforma here: 2004 10th Ave ...
Monthly Rent: $1,150 Annual Rent: $13,800 Check out the full proforma here: 2004 10th Ave Proforma Information contained in this proforma ...
$ 122.900
Under Contract

6805 Crystal Hill Way

32 1,708 ft2
Monthly Rent: $1,050 Annual Rent: $12,600 Check out the full proforma here: 6805 Crystal Hill ...
Monthly Rent: $1,050 Annual Rent: $12,600 Check out the full proforma here: 6805 Crystal Hill Way Proforma Information contained in this ...
$ 104.900
Under Contract

1036 Caribbean Cir

32 1,759 ft2
Monthly Rent: $1,350 Annual Rent: $16,200 Check out the full proforma here: 1036 Caribbean Cir ...
Monthly Rent: $1,350 Annual Rent: $16,200 Check out the full proforma here: 1036 Caribbean Cir Proforma Information contained in this proforma ...
$ 139.900
Sold

522 Oak Place

31
522 Oak Place, Fairfield, AL 35064 3 BR / 1 BA 1,150 Sq. Ft. ...
522 Oak Place, Fairfield, AL 35064 3 BR / 1 BA 1,150 Sq. Ft. Built 1925 SALE PRICE: $19,900 Property has ...
$ 19.900
Sold

513 Oak Place

31
513 Oak Place, Fairfield, AL 35064 3 BR / 1 BA 1,440 Sq. Ft. ...
513 Oak Place, Fairfield, AL 35064 3 BR / 1 BA 1,440 Sq. Ft. Built 1920 SALE PRICE: $19,900 CONTACT US ...
$ 19.900
Sold

825 Sunset Dr

31 1,068 ft2
Monthly Rent: $885 Annual Rent: $10,620 Check out the full proforma here: 825 Sunset Dr ...
Monthly Rent: $885 Annual Rent: $10,620 Check out the full proforma here: 825 Sunset Dr Proforma Information contained in this proforma ...
$ 82.900
Sold

2613 Ave H

31
         2613 Avenue H, Birmingham, AL 35218 3 BR / 1 BA 1,302 Sq. Ft. ...
         2613 Avenue H, Birmingham, AL 35218 3 BR / 1 BA 1,302 Sq. Ft. Built 1935 SALE PRICE: $21,900 CONTACT US ...
$ 21.900
Sold

1132 Cullom Street S

1132 Cullom Street S, Birmingham, AL 35205 6 BR / 3 BA 3,222 Sq. Ft. Built 1910 SALE ...
1132 Cullom Street S, Birmingham, AL 35205 6 BR / 3 BA 3,222 Sq. Ft. Built 1910 SALE PRICE: $85,000 CONTACT US TODAY!! (205) ...
$ 85.000
Sold

1712 Wingfield Circle

54.5
1712 Wingfield Circle, Birmingham, Al 35242 Shelby County $325,000 5 Bedroom / 4.5 Bathroom ...
1712 Wingfield Circle, Birmingham, Al 35242 Shelby County $325,000 5 Bedroom / 4.5 Bathroom 4,144 Square Feet Built 1993 For ...
$ 325.000
Sold

1618 36th Ave N

21
PROPERTY SOLD!! 1618 36th Avenue N, Birmingham, AL 35207 2 Br/ 1 BA 891 Sq. ...
PROPERTY SOLD!! 1618 36th Avenue N, Birmingham, AL 35207 2 Br/ 1 BA 891 Sq. Ft.  Built 1950 Estimated Rental Income ...
$ 10.900
Sold

1700 2nd Court W

22
PRICE REDUCED!! 1700 2nd Court W, Birmingham, Al 35208 2-Story DUPLEX 2,611 Sq. Ft Built ...
PRICE REDUCED!! 1700 2nd Court W, Birmingham, Al 35208 2-Story DUPLEX 2,611 Sq. Ft Built 1930 *Bottom Unit: 3BR/2BA, Leased to ...
$ 27.500
Sold

616 60th Place South

21 984 ft2
616 60th Place South, Birmingham, Al 35212 ***CRESTWOOD NEIGHBORHOOD*** **** SOLD **** ...
616 60th Place South, Birmingham, Al 35212 ***CRESTWOOD NEIGHBORHOOD*** **** SOLD **** ...
$ 65.000
Sold

1567 Martin Avenue

31
SOLD!! 1567 Martin Avenue, Birmingham, AL 35208 3 BR / 1 BA 1,232 Sq ...
SOLD!! 1567 Martin Avenue, Birmingham, AL 35208 3 BR / 1 BA 1,232 Sq Ft – Built 1920 $650 per ...
$ 24.900
Sold

700 Arrow Road

31.5
700 Arrow Road Birmingham, AL 35214 3BR / 1.5BA 1,582 Sq Ft Built 1959 ...
700 Arrow Road Birmingham, AL 35214 3BR / 1.5BA 1,582 Sq Ft Built 1959 Estimated Rental Income $875/Month ...
$ 67.500
Sold

517 47th Street S

31
SOLD!!! IDEAL RENTAL INVESTMENT PROPERTY 517 47th Street S – Birmingham, AL 35222 3 ...
SOLD!!! IDEAL RENTAL INVESTMENT PROPERTY 517 47th Street S – Birmingham, AL 35222 3 BR / 1 BA     ...
$ 57.000
Sold

424 Highland Drive

31 1,448 ft2
3 BR / 1 BA 1,448 Sq Ft Built 1958 Estimated Rental Income $750/MO ...
3 BR / 1 BA 1,448 Sq Ft Built 1958 Estimated Rental Income $750/MO ...
$ 16.800
Sold

415 20th Street S

31.5
3 Bedroom/1.5 Bathroom 2000Sqft ...
3 Bedroom/1.5 Bathroom 2000Sqft ...
$ 39.000
Sold

6708 Court N

31.5
3 Bedroom/1.5 Bathroom 1062 Sqft   ...
3 Bedroom/1.5 Bathroom 1062 Sqft   ...
$ 19.000
Sold

1123 Iredell Circle

32
3 Bedroom/2 Bath House ...
3 Bedroom/2 Bath House ...
$ 155.000
Sold

938 Clark Mountain Road

31 1,072 ft2
Nice house, Hardwood floors nice paint. Great neighborhood ...
Nice house, Hardwood floors nice paint. Great neighborhood ...
$ 32.000
Sold

6805 1st Avenue Street

31 1,351 ft2
This 1351 square foot single family home has 3 bedrooms and 1.0 bathrooms. ...
This 1351 square foot single family home has 3 bedrooms and 1.0 bathrooms. ...
$ 34.500
Sold

3240 Beech Avenue SW

31 1,160 ft2
...
...
$ 32.500