$599,900

7735 RUGBY AVENUE, BIRMINGHAM AL, 35206

Built in1963

Property typeCondominium

Overview

Active

Listed Aug 20, 2025

Updated 3 weeks ago

Solid multifamily investment in the growing Eastlake/Woodlawn area of Birmingham. This 10-plex offers spacious 2 bedroom, 1 bath units averaging 650 sq. ft. each. Several units have been fully renovated, providing immediate value and appeal to tenants. Currently, 8 of the 10 units are leased with rents ranging from $600–$625/month, ensuring steady cash flow from day one. With upside potential in rental growth and continued renovations, this property is well-positioned for long-term returns.

$3,991/mo

Est. mortgage payment based on a $599,900 home price.

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

Listed by RealtySouth-Homewood,Brandy Herschbach

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 Sherry Pruitt Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Powered by Luxury Presence

$599,900

Overview

$3,991/mo

Down payment--

Loan details30-year fixed, 7%

Property tax--

Common Charges--