7735 RUGBY AVENUE | MLS #21428771

Listing provided courtesy of RealtySouth-HomewoodMLS# 21428771

Solid multifamily investment in the growing Eastlake/Woodlawn area of Birmingham. This 10-plex offers spacious 2 bedroom, 1 bath units averaging 650 sq. ft. each. Several units have been fully renovated, providing immediate value and appeal to tenants. Currently, 8 of the 10 units are leased with rents ranging from $600&$625/month, ensuring steady cash flow from day one. With upside potential in rental growth and continued renovations, this property is well-positioned for long-term returns.

Source: Greater Alabama/Birmingham MLS, MLS#: 21428771

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Property Type

Residential Income

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Teresa King
Associate Broker
RE/MAX Of Orange Beach
Cell 251-554-2661

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 7735 RUGBY AVENUE

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value
3/2/2026Source: Greater Alabama/Birmingham MLS	Price Reduction	$599,900 -3.2%
10/15/2025Source: Greater Alabama/Birmingham MLS	Price Reduction	$619,900 -0.8%
8/20/2025Source: Greater Alabama/Birmingham MLS	Added to Database	August 20, 2025