VALUE-ADD MULTIFAMILY INVESTMENT OPPORTUNITY! This offering includes two 6-unit buildings totaling 12 units in Birmingham's Ensley community, conveniently located near the Birmingham CrossPlex, Downtown Birmingham, UAB, shopping, dining, and major transportation corridors. The property features 12 - 2-bedroom, 1.5-bath units, each with central HVAC, washer/dryer connections, and separately metered utilities. Currently 80% occupied, the property provides immediate income with vacant units available to turn and reposition. Current rents are below market, creating significant upside through renovations, improved management, and rent optimization. Priced below appraised value, this is an excellent opportunity for an investor seeking a multifamily asset with existing cash flow and strong value-add potential.
For sale
$699,900
2805 Avenue E, Birmingham, AL 35218
2beds
860sqft
Apartment
Built in 1983
-- sqft lot
$-- Zestimate®
$814/sqft
$-- HOA
What's special
Central hvac
- 12 days
- 283
- 34
Zillow last checked:
Listing updated:
Listed by:
Abra Barnes 205-222-9759,
Barnes & Associates
Source: GALMLS,MLS#: 21462575
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Water Heater
- Laundry: Washer/Dryer Connection
Features
- Eat-in Kitchen, Sep Living
- Flooring: Laminate, Other
Interior area
- Total interior livable area: 860 sqft
Video & virtual tour
Property
Parking
- Parking features: 1 Space per Unit
Details
- Parcel number: 3000011023002.000
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Brick, Siding
- Foundation: Slab
Condition
- Year built: 1983
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Subdivision: Ensley
Location
- Region: Birmingham
Financial & listing details
- Price per square foot: $814/sqft
- Tax assessed value: $208,100
- Annual tax amount: $3,017
- Price range: $699.9K - $699.9K
- Date on market: 8/19/2026
- Tenant pays: All Utilities
Estimated market value
Not available
Estimated sales range
Not available
$934/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Listed for sale | $699,900+6.1%$814/sqft |
Source:  GALMLS #21462575 Report a problem | ||
| 12/30/2022 | Listing removed | -- |
Source: GALMLS #1314365 Report a problem | ||
| 4/1/2022 | Pending sale | $659,900$767/sqft |
Source: GALMLS #1314365 Report a problem | ||
| 3/24/2022 | Price change | $659,900+10%$767/sqft |
Source: GALMLS #1314365 Report a problem | ||
| 3/20/2022 | Listed for sale | $599,900$698/sqft |
Source: GALMLS #1314365 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,017 | $41,620 |
| 2024 | $3,017 | $41,620 |
| 2023 | $3,017 +36.5% | $41,620 +36.5% |
| 2022 | $2,210 +0.7% | $30,480 +0.7% |
| 2021 | $2,194 | $30,260 |
| 2020 | $2,194 | $30,260 |
| 2019 | $2,194 +35.6% | $30,260 +35.6% |
| 2018 | $1,618 | $22,320 |
| 2017 | $1,618 | $22,320 |
| 2016 | $1,618 | $22,320 |
| 2015 | $1,618 +6.1% | $22,320 +1.7% |
| 2014 | $1,525 | $21,940 |
| 2013 | $1,525 | $21,940 +0% |
| 2012 | $1,525 -1.7% | $21,936 -1.7% |
| 2011 | $1,551 -1.5% | $22,320 -1.5% |
| 2010 | $1,575 | $22,660 |
| 2009 | $1,575 -2.6% | $22,660 -2.6% |
| 2008 | $1,616 +1.7% | $23,260 +1.7% |
| 2007 | $1,590 +3.5% | $22,880 +3.5% |
| 2006 | $1,536 +5.2% | $22,100 +5.2% |
| 2005 | $1,459 +3% | $21,000 +5.8% |
| 2004 | $1,416 -27.4% | $19,840 -28.1% |
| 2003 | $1,951 +15.2% | $27,580 +13.2% |
| 2002 | $1,694 | $24,360 |
| 2001 | $1,694 | $24,360 |
| 2000 | $1,694 | $24,360 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Ensley
Nearby schools
Schools provided by the listing agent
- Elementary: Wylam
- Middle: Bush Hills Academy
- High: Jackson - Olin
Source: GALMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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