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$470,000

335 IOTA AVENUE S, BIRMINGHAM AL, 35205

Built in1955
Property typeCondominium

Overview

Active

Listed Sep 10, 2026

Updated 2 weeks ago

INVESTMENT OPPORTUNITY in Birmingham’s Titusville community! This 11-unit multifamily property consists entirely of 1-bedroom units and currently generates approximately $4,800/month in gross rental income, or $57,600 annually. Current rents include four units at $500/month (one Section 8) and seven units at $400/month, offering potential for future rental growth subject to market conditions. Annual property taxes are approximately $1,500. Located just minutes from UAB, Downtown Birmingham, I-65 and the growing Parkside/Southside area, the property is positioned near some of Birmingham’s largest employment, medical and educational centers. Titusville is also seeing continued neighborhood investment, including infrastructure improvements and the growing six-acre Titusville Social Commons community hub, bringing together employers, nonprofits, educational programs, coworking and event space.

$3,127/mo

Est. mortgage payment based on a $470,000 home price.

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

Listed by Bham Realty, LLC,Ben Hedden  

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 Right Space Commercial shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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