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200 3RD AVENUE N

Bessemer, AL 35020

– beds
– baths
– sqft
1920 build
– on site

INVESTOR ALERT! Incredible opportunity to add 9 cash-flowing doors to your portfolio! This unique package includes 3 single-family homes and 3 duplexes (9 total units), all situated on one parcel: 200, 202, 204, 206, 208, 210, 212, 214 & 218 3rd Ave N. These properties crush the 1% rule, with a combined ARV Market Rent of $7,425/month and a price tag of just $395,000. Each 2 bed / 1 bath unit has an ARV Market Rent of $825/month. Current occupancy includes four rented units bringing in $3,040/month (two at $825, two at $695), with a fifth unit approved for $695/month pending Section 8 inspection. Some of the vacant units need some work to make them rent ready, but a lot of updates have already been made, including several new roofs, HVAC systems, flooring, all exterior paint, appliances, water heaters, and more. TENANTS PAY ALL UTILITIES! Whether you're a seasoned investor or just expanding your portfolio, this is a high-yield opportunity you don't want to miss!

Listing courtesy of GALMLS / Keller Williams Realty Vestavia

Last checked: Checking… • Last updated May 16, 2025 •

MLS# 21419141 —

The Building

Year Built:

1920
Year Built Description:

Existing
Construction:

Frame
Foundation:

Crawl Space

Interior

Floors:

Vinyl, Wall-to-Wall Carpet

Financial & Terms

Financing:

Cash

Location

Directions:

Follow I59S to Splash Adventure Pkwy, Exit 110. Take US11N/ 9th Ave N and West Lake Dr to 3rd Ave N. Property will be on your left.
Latitude:

33.3841553259517
Longitude:

-86.9686669153442

The Property

Property Type:

Apartment
Flood Plain:

No
Class:

MULTIFAMILY
Miscellaneous:

None/Other
Legal Description:

LOTS 3-4-5 & 6 RESUB OF LOTS 4 & 6 BLK 13 C MCADORYS 2ND ADD TO BESS & BLK 30 IN MCADORY VS BASS ADD TO BESS MAP 1 - 215 X 155

Listing Agent

Contact info:

Taxes

Parcel ID:

38-00-16-3-009-002.000
Tax District:

BESSEMER

The Listing

Sales Type:

As Is
Virtual Tour

Heating & Cooling

Cooling:

Central Control (COOL)
Heating:

Central Control (HEAT), Electric (HEAT)

Utilities

Water:

Public Water
Sewer/Septic:

Connected

Appliances

Water Heater:

Electric (WTRHTR)

Schools

Elementary School:

JONESBORO
Middle Or Junior School:

BESSEMER CITY
High School:

BESSEMER CITY

The Community

Subdivision:

AL
Minor Subdivision:

BESSEMER

Parking

Parking:

2 Spaces per Unit, On Street Parking

Extra Units

Total Units:

9
Type 1 Furnished:

None
Type 1 Features:

Refrigerator, Stove, Washer/Dryer Connection
Type 1 SqFt:

714 Sqft
Type 1 # of Units:

9
Type 1 # Bedrooms:

2
Type 1 # of Full Baths:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/16/25 May 16, 2025	Listed / Active	GALMLS	$395,000

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This multifamily located in Bessemer, AL 35020 is currently for sale for $395,000. 200 3RD AVENUE N is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. This multifamily is in the attendance area of Bessemer City High School.

Listing Courtesy of: GALMLS and Keller Williams Realty Vestavia.

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.