INVESTOR ALERT! Incredible opportunity to add 9 cash-flowing doors to your portfolio! This unique package includes 3 single-family homes and 3 duplexes (9 total units), all situated on one parcel: 200, 202, 204, 206, 208, 210, 212, 214 & 218 3rd Ave N. These properties crush the 1% rule, with a combined ARV Market Rent of $7,425/month and a price tag of just $395,000. Each 2 bed / 1 bath unit has an ARV Market Rent of $825/month. Current occupancy includes three rented units bringing in $2,215/month (one at $825, two at $695). Some of the vacant units need some work to make them rent ready, approx $3,000 each per seller, but a lot of updates have already been made: including several new roofs, HVAC systems, flooring, all exterior paint, appliances, water heaters, and more. TENANTS PAY ALL UTILITIES! Whether you're a seasoned investor or just expanding your portfolio, this is a high-yield opportunity you don't want to miss!
Sold for $265,000 on 07/07/25
$265,000
200 3rd Ave N, Bessemer, AL 35020
2beds
714sqft
Apartment
Built in 1920
-- sqft lot
$265,900 Zestimate®
$371/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 08, 2025 at 06:31am
Listed by:
John Street 205-821-2572,
Keller Williams Realty Vestavia
Bought with:
John Street
Keller Williams Realty Vestavia
John Street
Keller Williams Realty Vestavia
Source: GALMLS,MLS#: 21419141

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Cooktop, Electric Water Heater
- Laundry: Washer/Dryer Connection
Features
- Flooring: Vinyl, Carpet
- Basement: Crawl Space
Interior area
- Total interior livable area: 714 sqft
Property
Parking
- Parking features: 2 Spaces per Unit, On Street
- Has uncovered spaces: Yes
Details
- Parcel number: 3800163009002.000
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Frame
Condition
- Year built: 1920
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & neighborhood
Location
- Region: Bessemer
- Subdivision: Bessemer
Services availability
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Estimated market value
$265,900