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Sold for $1,000,000 on 07/10/25
  • $1,000,000

    409 Oporto Madrid Blvd S, Birmingham, AL 35206

    3beds
    1,500sqft
    Apartment
    Built in 1983
    -- sqft lot
    $994,200 Zestimate®
    $667/sqft
    $1,193 Estimated rent

    What's special

    Stable 14 unit apartment building. Fully occupied with good mix of section 8 tenants providing guaranteed flow of income and long-term self pay tenants. Gross rents of $12,251/mo. Tenants pay their own utilities (electricity and water). Owner pays trash, optional pest control, and some exterior lighting. New vinyl windows throughout all units. Newer roof. All incoming water lines are new from meter, and PVC drains and sewer. All units have water cutoffs inside for flood prevention. 50/50 new HVAC and water heaters. Painted cabinets and new countertops. Ceramic tiled shower surrounds and floors. Each unit has its own laundry space. Rent Roll details and a 2024-2025 P&L can be found under documents tab by your realtor. No showings without a qualified offer. Professional local management available with free trial period.

    Zillow last checked: 7 hours ago

    Listing updated: July 11, 2025 at 05:12am

    Listed by:

    Davey Lanshaw 205-773-0354,

    Bear Flag Property Management

    Bought with:

    Jaylen Cook

    BluePrint Realty Company

    Source: GALMLS,MLS#: 21421728MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Refigerator, Stove, Electric Water Heater
    • Laundry: Washer/Dryer Connection
    Features
    • Eat-in Kitchen, Sep Dining, Sep Living, Eating Area-Kitchen
    • Flooring: Vinyl
    Interior area
    • Total interior livable area: 1,500 sqft

    Property

    Parking
    • Parking features: Guest
    Details
    • Parcel number: 2300142015010.000
    • Special conditions: N/A

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Materials
    • Frame
    • Foundation: Slab
    Condition
    • Year built: 1983

    Utilities & green energy

    • Water: Public
    • Utilities for property: Sewer Connected

    Community & neighborhood

    Location
    • Region: Birmingham
    • Subdivision: East Lake
    Services availability
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    Estimated market value

    $994,200