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$104,900

3944 40th St N Birmingham, AL 35217

Multi-Family

Property details

About 3944 40th St N

Turnkey investment opportunity with built-in rental income and long-term upside. This updated duplex features two spacious 2 bed / 1 bath units and is both investors and owner-occupants.The upstairs unit has been recently renovated with new LVP flooring, modern finishes, and is rent-ready. Major capital improvements have already been completed, including a brand-new roof and new central A/C system.The downstairs unit is tenant-occupied on a month-to-month lease, providing immediate cash flow with the flexibility to increase rent or upgrade in the future.Located on a quiet street with easy access to downtown Birmingham, this property offers low-maintenance ownership, strong rental demand, and room for appreciation

Highlights

Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Year built1939
ParkingOther
MLS #21421481

Virtual tour

Summary

  • Appliances: Washer/Dryer Connection
  • Flooring Type: Vinyl
  • Parking: Other
  • Heating: Central
  • Cooling: Central Air
  • List Price: $104,900
  • Annual Tax Amount: $369
  • Tax Year: 2023
  • Directions: Take I-65 North, exit 264 for Daniel Payne Dr, then head east and turn left onto 40th St N.
  • Year Built: 1939
  • MLS Number: 21421481
  • Office Name: Beycome Brokerage Realty
  • Listing Agent: Steven Koleno

IDX The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2025 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/31/2025, 4:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Sep 03, 2024
Home Sold
$60,000

Tax history

YearAssessmentProperty Tax
2023$7,140$369
2022$5,100$369
2021$5,580$404
2020$5,340$-
2018$4,400$-
2017$4,400$-

History based on county public records data.

Nearby schools

1

Tarrant Elementary School

Public District KG-2

1.2 mi

1269 Portland St

1

Tarrant Intermediate School

Public District 3-6

1.4 mi

1 Wildcat Dr

1

I3 Academy

Public Charter KG-5

1.9 mi

55th Place 1st Avenue South

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $20,600. Typical income of Birmingham, AL residents is less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

69%
<35k
21%
35k-100k
10%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

47%
Single, No Kids
32%
Single, with Kids
12%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
13%
12-17 yrs old
22%
18-34 yrs old
41%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • PopeyesPopeyes

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 3944 40th St N

The listing price of 3944 40th St N property is $104,900.

The property 3944 40th St N is a multi located in Birmingham, Alabama, 35217.

Active Listing: 3944 40th St N is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 3944 40th St N are: Tarrant Elementary School (GreatSchools Rating 1/10), Tarrant Intermediate School (GreatSchools Rating 1/10), I3 Academy (GreatSchools Rating 1/10), Inglenook PreK - 8 School (GreatSchools Rating 1/10), Bertram A. Hudson K - 8 School (GreatSchools Rating 1/10), Hays K - 8 School (GreatSchools Rating 1/10), Woodlawn High School (GreatSchools Rating 1/10), George W. Carver High School (GreatSchools Rating 2/10), Tarrant High School (GreatSchools Rating 1/10).

According to the records, the last property tax for 2023 is $369 (source: MLS/based on county public records data).

The last sale was on September 3, 2024 for $60,000 (source: MLS/tax record).

The year of construction for 3944 40th St N is 1939.

This home is located at 3944 40th St N in Birmingham, AL and zip code 35217 in the Inglenook neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 9, 2025 and is currently priced at $104,900.

In June 2025, from all listings sold in Birmingham, AL there were more than 91 sold above asking price, over 142 sold below and more than 83 were sold right at the asked price. The number of listings in Birmingham, AL increased by 1.3% between May and June 2025. Listings spent 39 days on the market in June 2025, and had a median list price of $354,926 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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