$40,000

7507 1st Ave S Birmingham, AL 35206

$475
Closing credit¹
3 beds
1 full
1,352 sqft
0.2 acres
$30 / sqft
House

Property details

About 7507 1st Ave S

Excellent opportunity for fix-and-flippers, BRRRR investors, or those looking to add value through renovation. This spacious 3-bedroom, 1-bathroom home offers over 1,300 square feet ready to be reimagined. Strong comparable sales and rent rates make this a promising investment. Situated on a good-sized lot, this property features a large gravel driveway with alley access, a detached covered shed, and plenty of potential to create a high-performing rental or profitable resale. Turnkey rentals can be hard to find—seize this chance to renovate and cash flow.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,352 sqft
Lot size0.19 Acres
Year built1920
ParkingDriveway Parking, Off Street Parking
MLS #21410083

Virtual tour

Summary

  • MLS Number: 21410083
  • Office Name: Bham Realty, LLC
  • Office Phone: (205) 767-8553
  • Office Email: Sales@BhamRealtyCo.com
  • Listing Agent: Mason Sanders

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: 2/22/2025, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bungalow-style house featuring a sunroom and fence

$40,000

7507 1st Ave S

$475

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 05, 2021
Home Sold
$49,000
Jun 17, 2002
Home Sold
$52,000

Tax history

YearAssessmentProperty Tax
2023$17,020$1,100
2022$15,180$1,100
2021$13,260$961
2020$13,260$961
2018$11,540$-
2017$11,540$-

History based on county public records data.

Nearby schools

1

Barrett Elementary School

Public District PK-5

0.1 mi

7601 Division Ave

5

Robinson Elementary School

Public District KG-5

1.2 mi

8400 1st Ave S

2

Henry J. Oliver Elementary School

Public District KG-5

1.5 mi

6871 6th Ct S

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 $27,971. The most common annual income of people living in Birmingham, AL is less than $<35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

59%
<35k
39%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

62%
Single, No Kids
22%
Single, with Kids
8%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
20%
18-34 yrs old
48%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • UFCUFC
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Burger KingBurger King
  • PopeyesPopeyes

What do the neighbors drive?

  • CadillacCadillac
  • BuickBuick
  • DodgeDodge

What do the neighbors listen to?

  • JazzJazz
  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7507 1st Ave S

This home is located at 7507 1st Ave S in Birmingham, AL and zip code 35206 in the East Lake neighborhood. This 1,352 square foot home, which was built in 1920, sits on a 0.19 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 21, 2025 and is currently priced at $40,000.

In January 2025, from all listings sold in Birmingham, AL there were more than 21 sold above asking price, over 113 sold below and more than 42 were sold right at the asked price. The number of homes for sale in Birmingham, AL increased by 7% between December and January 2025. In January 2025, listings were on the market for 48 days. During the same period, the median list price in this real estate market was $223,500.

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

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