Teresa King

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Listing provided courtesy of EXP Realty LLCMLS# 21452622MLS ProviderContact Information: CELL: 205-605-9432
  • 49 days on site
  • 1 views

5-unit income property (triplex + duplex) in Tarrant — all 2BD/1BA units. 4 of 5 units occupied; Unit C will be delivered vacant (eviction in progress, est. early June). Current gross rent: $2,480/mo, with upside to $3,180/mo upon full stabilization. Investor-ready asset — priced at $250,000. Conventional or DSCR financing expected. All units are separately metered (triplex); the owner of the duplex pays for water. The tenant pays for their own trash. Water is split 50/50. The property manager is 8% of rent. There is no active pest company for the property. 48-hour showing notice required.

Source: Greater Alabama/Birmingham MLS, MLS#: 21452622

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  • Property Type
    Residential Income

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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 1145 SLOAN 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 Agent
6/23/2026Source: Greater Alabama/Birmingham MLS Price Reduction
$240,000 -4.0%
5/11/2026Source: Greater Alabama/Birmingham MLS Added to Database
May 11, 2026