Backup offersVideo tour
$949 Closing Credit¹
#21406694, Juanita Kirksey, Listing Office: Matthews and Associates LLC
$75,000 List price
5313 Terrace Ave Birmingham, AL 35208
$891
Closing credit¹
3 beds
2 full
1,220 sqft
1.0 acres
$61 / sqft
House
Property details
About 5313 Terrace Ave
**Investment Opportunity: Three-Bedroom 2 Bathroom Section 8 Home** Seize this excellent investment opportunity with this well-maintained three-bedroom, two-bathroom home, currently occupied by a reliable tenant under the Section 8 program. The property generates $750 in monthly rental income, providing a steady cash flow from day one. With some upgrades, the rental potential could increase up to $950 per month, making this an ideal option for savvy investors looking to maximize their returns. Don't miss your chance to add this profitable property to your portfolio—contact us today for more information
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,220 sqft
Lot size1 Acres
Year built1948
ParkingDriveway Parking
MLS #21408821
Virtual tour
Summary
- MLS Number: 21408821
- Office Name: First Choice Real Estate
- Office Phone: (256) 713-9444
- Office Email: firstchoiceofficemanager@gmail.com
- Listing Agent: Loretta Largo
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: 3/17/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$75,000
5313 Terrace Ave
$891
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
4
Central Park Elementary School
Public District PK-5
0.5 mi
•4915 Avenue Q
1
West End Academy
Public District KG-5
0.7 mi
•1840 Pearson Ave SW
1
Richard Arrington Elementary School
Public District PK-5
1.1 mi
•2101 Jefferson Ave SW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $20,000. The majority of Birmingham, AL residents have income 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?
56%
<35k
34%
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?
44%
Single, No Kids
31%
Single, with Kids
16%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
11%
12-17 yrs old
20%
18-34 yrs old
40%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
NHRA Drag Racing
Pro Boxing
Where do the neighbors shop?
Burlington
Big Lots
Family Dollar
Where do the neighbors go to eat?
Church's Chicken
Golden Corral
White Castle
What do the neighbors drive?
Chevrolet
Kia
Buick
What do the neighbors listen to?
Urban Adult Contemporary
Adult Standards
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5313 Terrace Ave
This home is located at 5313 Terrace Ave in Birmingham, AL and zip code 35208 in the Central Park neighborhood. This 1,220 square foot home, which was built in 1948, sits on a 1.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 7, 2025 and is currently priced at $75,000.
Over 44 listings were sold over their listed price in February 2025 in Birmingham, AL. In the same period over 129 listings were sold below the listed price and 40 listings were sold for the listed price. The inventory of homes for sale in Birmingham, AL between January and February 2025 increased by 17.3%. In February 2025, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $317,500.
From Rocket Homes Real Estate and based on county public records data.