524 Vanderbilt Street

Off Market

524 Vanderbilt Street

Birmingham AL 35206

Apartment

Last sold for $364,000

Adam Snow, last sold this property on 09 January 2026 after 35 days on market.

Overview

Great value-add multifamily opportunity in the growing East Lake area. This 12-unit apartment building features all 2BR/1BA units, with 9 units vacant and 3 currently occupied. Several major exterior improvements have already been completed, including a new roof, new rear steps and deck, fresh exterior paint, and repaired soffit and fascia. Seller states all A/C units are in working condition. Work has already begun, and a full scope of work and bid for the remaining interior renovations can be provided. A certified appraisal reflecting an ARV of $860,000 has been completed. Proforma rent is $875–$925 per unit. Remaining renovation needs include: light plumbing and electrical updates where needed, interior paint, new flooring, cabinets and countertops, and updated tubs, toilets, and vanities in each unit. Ideal opportunity for an investor looking to complete the renovation and reposition this property in a rapidly improving area.

Features

Apartment

Estimated Value

We need at least 3 similar apartments sold in Birmingham over the last 12 months.

Property history for 524 Vanderbilt Street

2026

Sold

$364,000

09 Jan 2026 by Adam Snow

2022

Sold

Undisclosed

20 Oct 2022

Happy sellers in Birmingham

95%

95% of sellers in Birmingham reported that their sale price either exceeded or met their price expectations.

Birmingham stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Birmingham over the last 12 months.

Local market activity for apartments in Birmingham

In the last 12 months, 2 apartments similar to 524 Vanderbilt Street, have been sold.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Birmingham for a market analysis.

Eunice Dixon

(5 reviews)

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Shannon Malcom

at Exit Realty Birmingham

(40 reviews)

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Nicole Anderson

at Lake Homes Realty, LLC - Alabama

(61 reviews)

Get a market analysis

Hollie Higgins

at ARC Realty | Hoover

(32 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Birmingham

Eunice Dixon

Eunice Dixon is a recommended agent for Birmingham. They have 2 local sales and collected 2 local reviews across the last 12 months.

5 (5 reviews)
2 Reviews in Birmingham
2 Sales in Birmingham

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Shannon Malcom

Sellers who recommend Shannon Malcom have praised them for being local expert, responsive, supportive, clear communication, patient, friendly, and dedicated

5 (40 reviews)
1 Review in Birmingham
2 Sales in Birmingham

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Nicole Anderson

Sellers who recommend Nicole Anderson have praised them for being local expert, responsive, clear communication, friendly, supportive, stress-free process, and dedicated