A tenant-occupied, income-producing single-family home offering investors immediate cash flow and long-term investment potential. As part of a four-property rental portfolio, this home provides the opportunity to acquire a stabilized investment. Located in East Lake, an established Birmingham neighborhood with convenient access to schools, shopping, major employment centers, and transportation routes, the property benefits from strong rental demand and favorable long-term market fundamentals. Whether you're expanding an existing portfolio or seeking a turnkey investment, this property delivers dependable income with the potential for future appreciation. Investor Alert: The 4 home portfolio currently brings in $3,390/mo from just 3 occupied homes. Once the 4th vacant property is leased, the projected portfolio income jumps to $4,190+/mo, unlocking a massive 14.37% Pro Forma Gross Yield and an 8.07% Cap Rate. See matching portfolio listings at MLS 21459928, 21459929, 21459930.
Single-familyProperty Type
1958Year Built
6,969 sq ftLot Size
$97Price/Sq.Ft.
Listed by Audra Marshall• Keller Williams Realty Hoover
South Eastlake, located between Ruffner Mountain and East Lake Park, is a historic and residential Birmingham neighborhood with early-20th-century bungalows and a lakefront greenbelt. The neighborhood’s character concentrates around the East Lake Park entrance on 84th Street, where ballfields, walking paths, and picnic lawns set a weekend rhythm. Nearby, the Ruffner Mountain Nature Preserve trailheads frame daily routines around ridge hikes and overlooks. Blocks of brick cottages and modest Craftsman homes give the streetscape a steady, lived-in texture. Community life often orbits park events and outdoor recreation rather than a single retail strip.
Provided by Walk Score and Local Logic
Offer insights
7233 Rome Ave · $95,000
$95.8K and above
75% chance or better to win
Why $95.8K+ is a strong offer
DAYS ON MARKET
44 days
The average home goes pending in 55 days.
SALE-TO-LIST
98.3%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Smooth ceilings
Additional ceiling details (see remarks)
Attic with pull-down access
No additional interior features listed
Bedrooms
Three bedrooms on the main level
Bathrooms
One full bathroom with tub/shower combo
Kitchen
Solid surface countertops
Laundry & utility
Main-level laundry in a closet
Washer hookup
Electric dryer hookup
Flooring
Hardwood floors
Heating & cooling
Central heating
Central cooling
Exterior features
Front porch
Sidewalks
Home design
Existing structure
Not a tri-level, split level, or split foyer
Parking
Driveway parking
On-street parking
Construction
Brick over foundation
Vinyl siding
Crawl space foundation
Utilities
Public water
Connected sewer
Electric water heater
Internet service availability unknown
HOA & community
No association fee
Financial info
Down payment assistance available
Electricity and solar
View estimated energy costs and solar savings for this home
The D-3 districts are designed to allow for single-family residential development at a variety of densities, these districts may be applied to preserve the character of developed residential areas that are predominately single-family in nature and recommended to remain so by the comprehensive plan. Uses in these districts include: single-family homes, schools, churches, and neighborhood-serving public uses.
Permitted uses
Include but are not limited to:
Housing-Single unit
Public service
Golf related
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 106° expected this year, 18 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
5/10 Air Factor
7 unhealthy days expected this year, 9 days in 30 years
Provided by First Street
Historical weather
Birmingham, AL • 35206
Average low and high temperatures (°F)
50
30
61
40
71
48
77
55
78
61
85
68
89
72
85
68
84
65
76
53
67
46
55
37
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
81/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.6 hrs
3.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 7233 Rome Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $55,000 and $159,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $55K to $159K.