7720 MADRID AVENUE, BIRMINGHAM, AL 35206
Apartment
NZD $2,382,423
USD $1,350,000
Published on: 24 Jul 2026
Last updated on: 09 Sep 2026
Property ID: 110109490451
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MULTIFAMILY, BIRMINGHAM, AL
7720 MADRID AVENUE, BIRMINGHAM, AL 35206
Welcome to 7720/7730 Madrid Ave, 20 light-filled Garden Apartment units. Market rents for these units now $800/door. Tenants have separate meters for electricity and water, owner pays trash and landscaping. Virtually all new HVAC, new water heaters majority, newly refinished parking lot, exterior lighting, new railings for both buildings to code, flooring and paint. Poised for long-term cash flow and appreciation. Less than 10 miles from downtown, East Lake is a desirable part of the city where tenants can be close to work, family, shopping centers, and nature. Quiet buildings occupied by working families. Professional Management in place with established tenant relationships for ease of transition, offering 3 months free rent collection and accounting.
Property Details
Basic Info
Outdoor Feature
Basic Info
Property Type
Apartment
Listing Status
Pending
Year Built
1964
County
Jefferson
Parcel ID
23-00-14-2-020-014.000
Provider
Greater Alabama MLS
Subdivision
EAST LAKE
Brokerage Office Name
Bear Flag Property Management
Brokerage Office Phone
2057330354
Neighbourhoods
EAST LAKE
Address
7720 MADRID AVENUE, BIRMINGHAM, AL 35206
Nearby Schools
| Type | School name | District name |
|---|---|---|
| High | WOODLAWN | Not available |
| Elementary | BARRETT | Not available |
| Middle | OSSIE WARE MITCHELL | Not available |
| Juniorhigh | OSSIE WARE MITCHELL | Not available |
Contact Agent
Davey Lanshaw
Bear Flag Property Management
1212 13th Street N Ste C , Birmingham, AL 35204
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Contact Agent
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Email enquiry to Bear Flag Property Management
Davey Lanshaw
1212 13th Street N Ste C , Birmingham, AL 35204
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Property ID: 110109490451
Original Property ID: 3yd-BHAMMLSAL-21459954Data provided by Greater Alabama MLS, MLS #: 21459954
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