This charming 2-bedroom, 1-bath single-family home offers approximately 1,083 square feet of living space and presents an excellent investment opportunity. Located in Birmingham's established South East Lake area, the property is well-positioned for long-term rental demand and easy access to local amenities, schools, shopping, Ruffner Mountain, and major transportation routes. Whether you're adding to an existing portfolio or seeking a stable income-producing asset, this home combines affordability, functionality, and investment potential. 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 21459932, 21459928, 21459929, 21459930.
Single-familyProperty Type
1936Year Built
7,405 sq ftLot Size
$83Price/Sq.Ft.
Listed by Audra Marshall• Keller Williams Realty Hoover
South Highlands of East Lake Historic District, located between Ruffner Mountain and East Lake Park, is a historic and residential Birmingham neighborhood with early-20th-century architecture and a leafy, hillside street grid. Character concentrates around the East Lake Park entrance at 84th Street N and 1st Avenue N, where ballfields, walking paths, and the lakefront set an outdoors-forward rhythm. The district’s housing stock leans to Craftsman bungalows and period cottages with deep porches and mature trees. East Lake Park and the adjacent golf course shape daily routines with open green views. Nearby, the East Lake Farmers Market adds a local, seasonal pulse. Commutes and errands often trace along 1st Avenue N toward downtown Birmingham.
Provided by Walk Score and Local Logic
Offer insights
756 82nd St S · $85,000
$85.22K and above
75% chance or better to win
Why $85.22K+ is a strong offer
DAYS ON MARKET
72 days
The average home goes pending in 63 days.
SALE-TO-LIST
97.6%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Smooth ceilings
Other ceiling details (see remarks)
Wood-burning fireplace with stone surround in the living room
Partial, unfinished basement constructed of concrete block
Pull-down attic access
Has laundry
Bedrooms
Two bedrooms on main level
Bathrooms
One full bathroom with tub/shower combo on main level
Kitchen
Solid surface countertops
Laundry & utility
Washer hookup
Electric dryer hookup
Laundry located on the main level in a closet
Flooring
Hardwood floors
Heating & cooling
Central heating
Central air conditioning
Exterior features
Front porch
No pool, patio, deck, or garden reported
Property not on waterfront
Not in a flood plain
Home design
Existing single-family property
Basement foundation
Parking
Driveway parking
On-street parking
Construction
Stone and wood construction
Utilities
Public water
Connected sewer
Electric water heater
Internet service available
HOA & community
No association fee
Financial info
Down payment assistance available
Other
Lot size about 0.17 acre
Subdivision: East Lake South Highlands
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, 19 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
86
64
76
53
67
46
55
37
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Birmingham. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.5 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 756 82nd St S
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $60,000 and $150,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $60K to $150K.