1112 15th St, Birmingham, AL 35204

Property Description

1112 15th St N is a 12-unit multifamily asset offering immediate cash flow with clear value-add upside in one of Birmingham’s most active redevelopment corridors. The property consists of 12 spacious 2-bedroom, 1-bath units, with 10 of 12 currently occupied, providing stabilized in-place income while preserving upside through lease-up and interior improvements. Located in Fountain Heights, the property sits just minutes from Uptown, the BJCC, Protective Stadium, Topgolf, and the Coca-Cola Music Hall and Amphitheater. The area continues to benefit from city-led revitalization, infrastructure investment, and proximity to Birmingham’s major employment and entertainment hubs. Each unit features a highly rentable 2BR/1BA layout. Investors can implement a straightforward value-add strategy by updating interiors and increasing rents, supported by strong tenant demand from nearby employers such as UAB Hospital & University and the expanding downtown core.