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159 Old Montgomery Hwy Unit C
B- Composite 65.18
Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +25.0/30.0
  • ARV discount +10.3/15.0
  • DSCR +8.2/10.0
  • 1% rule +6.5/10.0
  • Schools +5.6/10.0
  • Livability +4.0/5.0
  • Rent growth +3.1/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$149,900

159 Old Montgomery Hwy Unit C · Homewood, AL 35216
2 bd · 2.0 ba · 992 sqft · Condo · 317 Days on market
Built 1969 $151/sqft · 6% below area Est $160k · 6% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

2-bedroom, 2-bath condo in the Foxcroft Condominium Community. Featuring crisp fresh paint and a mix of hardwood, tile and carpet flooring throughout, the home also offers a cozy brick fireplace and a private balcony with serene landscaping views. The kitchen has tile countertops and stainless steel appliances, and both primary and secondary bedrooms include walk-in closets with own private baths. HVAC and Water Heater replaced in 2024 Residents enjoy a community fenced in-ground pool, walking trails, and bbq area. Assigned parking and flexible unassigned spots are included. The HOA covers essential services like building insurance, water/sewer, trash, grounds, and pest control. Located within walking or short driving distance to Brookwood Medical Center, Samford University, local shopping centers, and top-rated schools.

Key facts

  • Community pool
  • Built 1969
  • Listed 317 days

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath condo listed at $150k.

Deal economics

  • At list price, monthly cash flow is $327 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $150k).
  • Recommended offer: $132k (12.0% below list) — sets the bar for market timing.
  • Cap rate 8.9% vs local median 2.2% in Homewood — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 80/100 on livability (#5 in AL, #1,730 nationally) — a professional / high-income tenant draw. Strengths: commute A+, employment A+, housing A+; Watch: cost of living F.
  • Homewood City (suburban): math 55% / reading 74% proficiency, ranked #3 of 129 in AL (top 2%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Shades Cahaba Elementary School (math 48% / reading 70%, grade B-, #67 of 627 statewide, top 11%, 501 students, 24% FRL); Homewood Middle School (math 52% / reading 76%, grade B+, #5 of 257 statewide, top 2%, 926 students, 30% FRL); Homewood High School (math 62% / reading 63%, grade B-, #4 of 305 statewide, top 1%, 1,330 students, 28% FRL) — zoned schools at 27% FRL track the district average.
  • Market conditions: Rents rising (+2.6%/yr); 139 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Jefferson County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

  • It's been on market 317 days — a 12% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
  • 8 sale attempts since 9y ago; this cycle's ask is 8003% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
Recommended offer $131,912 (12.0% below list)

Questions for the listing agent

  1. It's been on market 317 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1969 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.15%
Cap rate
8.91%
Cash-on-cash
9.34%
DSCR
1.42
GRM
7.2

CMA / ARV

ARV (median comp)
$159,714
List price
$149,900
Delta
-6.14%
Verdict
FAIR
Comps
20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 2.59% rent growth · sell at horizon

5-year hold
IRR
-2.6%
Equity multiple
0.90×
Total profit
$-4,170
Equity at exit
$22,351
10-year hold
IRR
6.6%
Equity multiple
1.49×
Total profit
$20,378
Equity at exit
$12,961

Cash invested: $41,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
90 Strongly Landlord-Friendly
State Alabama
90 Strongly Landlord-Friendly · R+15
County
— inherits STATE
City
— inherits STATE
Right-to-evict in 7 days for non-payment; no rent control; preempted statewide; courts move quickly.

ZIP-level market 35216

Rents YoY
2.6%
Active inventory
139
Price-to-rent
7.2×

Monthly cashflow live

Estimated rent
$1,725 high interval (Pro) →
Mortgage (P&I)
$786
Tax est. 1.5%
$187 /mo · $2,248/yr
Insurance
$62
HOA
$0
Vacancy / Maint / Mgmt
$362
Net cashflow
$327

Break-even live

Break-even rent $1,311
Max offer price $149,900
Occupancy floor 76%

Sensitivity live

Price -10% $430 -5% $378 +0% $327 +5% $275 +10% $223
Rent -10% $190 -5% $258 +0% $327 +5% $395 +10% $463
Rate -1.0pp $402 -0.5pp $365 base $327 +0.5pp $288 +1.0pp $248

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$37,475
Closing costs
$4,497
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 13 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
153 Old Montgomery Hwy Vestavia Hills, AL 2.0 2.0 992 $1,800 $1.81 3d 1 0.11mi
150 Old Montgomery Hwy Unit 1 C Birmingham, AL 2.0 2.0 992 $1,750 $1.76 16d 1 0.12mi
150 Old Montgomery Hwy Birmingham, AL 2.0 2.0 970 $1,750 $1.80 3d 1 0.12mi
1301 Lakeshore Dr Homewood, AL 3.0 1.0–2.0 1175 $1,460 $1.24 3d 12 0.33mi
1903 Vestavia Ct Vestavia Hills, AL 1.0–3.0 1.0–2.0 1001 $1,395 $1.39 3d 6 0.74mi
3450 Manor Dr Homewood, AL 1.0–2.0 1.0–2.0 1050 $2,179 $2.08 4d 10 0.79mi
3421 Sandner Ct Unit D Homewood, AL 2.0 1.0 864 $1,800 $2.08 45d 1 0.83mi
3425 Sandner Ct Unit D Homewood, AL 2.0 1.0 864 $1,500 $1.74 45d 1 0.84mi
3441 Sandner Ct Homewood, AL 1.0 1.0 647 $1,500 $2.32 12d 1 0.86mi
3120 Lancaster Ct Unit A Homewood, AL 1.0 1.0 800 $2,499 $3.12 3d 1 1.03mi
1905 Courtney Dr Apt 15 Homewood, AL 1.0 1.0 565 $950 $1.68 45d 1 1.19mi
1860 Oxmoor Rd Unit 532 Homewood, AL 2.0 2.0 1118 $3,950 $3.53 4d 1 1.28mi
1831 28th Ave S Birmingham, AL 1.0 1.0 859 $1,995 $2.32 25d 1 1.48mi

HOA detail condo

Monthly dues
$0 · $0/yr
Likely covers
watersewertrashlandscapinginsurancepoolparking
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 50 events

  1. 2026-06-22
    days on market $149,900 Active 317 DOM
  2. 2026-06-18
    days on market $149,900 Active 314 DOM
  3. 2026-06-17
    days on market $149,900 Active 313 DOM
  4. 2026-06-16
    days on market $149,900 Active 312 DOM
  5. 2026-06-15
    days on market $149,900 Active 311 DOM
  6. 2026-06-13
    days on market $149,900 Active 309 DOM
  7. 2026-06-10
    days on market $149,900 Active 306 DOM
  8. 2026-06-09
    days on market $149,900 Active 305 DOM
  9. 2026-06-08
    days on market $149,900 Active 304 DOM
  10. 2026-06-07
    days on market $149,900 Active 303 DOM
  11. 2026-06-03
    days on market $149,900 Active 299 DOM
  12. 2026-06-02
    days on market $149,900 Active 298 DOM
  13. 2026-06-01
    days on market $149,900 Active 297 DOM
  14. 2026-05-31
    days on market $149,900 Active 296 DOM
  15. 2026-02-26
    historical $1,550
  16. 2026-02-17
    price $152,500 833-char remark
    Show marketing remark (833 chars)

    2-bedroom, 2-bath condo in the Foxcroft Condominium Community. Featuring crisp fresh paint and a mix of hardwood, tile and carpet flooring throughout, the home also offers a cozy brick fireplace and a private balcony with serene landscaping views. The kitchen has tile countertops and stainless steel appliances, and both primary and secondary bedrooms include walk-in closets with own private baths. HVAC and Water Heater replaced in 2024 Residents enjoy a community fenced in-ground pool, walking trails, and bbq area. Assigned parking and flexible unassigned spots are included. The HOA covers essential services like building insurance, water/sewer, trash, grounds, and pest control. Located within walking or short driving distance to Brookwood Medical Center, Samford University, local shopping centers, and top-rated schools.

  17. 2026-01-28
    price $1,550
  18. 2026-01-16
    listed $1,850
  19. 2025-11-30
    price $155,000 833-char remark
    Show marketing remark (833 chars)

    2-bedroom, 2-bath condo in the Foxcroft Condominium Community. Featuring crisp fresh paint and a mix of hardwood, tile and carpet flooring throughout, the home also offers a cozy brick fireplace and a private balcony with serene landscaping views. The kitchen has tile countertops and stainless steel appliances, and both primary and secondary bedrooms include walk-in closets with own private baths. HVAC and Water Heater replaced in 2024 Residents enjoy a community fenced in-ground pool, walking trails, and bbq area. Assigned parking and flexible unassigned spots are included. The HOA covers essential services like building insurance, water/sewer, trash, grounds, and pest control. Located within walking or short driving distance to Brookwood Medical Center, Samford University, local shopping centers, and top-rated schools.

  20. 2025-10-16
    price $159,900 833-char remark
    Show marketing remark (833 chars)

    2-bedroom, 2-bath condo in the Foxcroft Condominium Community. Featuring crisp fresh paint and a mix of hardwood, tile and carpet flooring throughout, the home also offers a cozy brick fireplace and a private balcony with serene landscaping views. The kitchen has tile countertops and stainless steel appliances, and both primary and secondary bedrooms include walk-in closets with own private baths. HVAC and Water Heater replaced in 2024 Residents enjoy a community fenced in-ground pool, walking trails, and bbq area. Assigned parking and flexible unassigned spots are included. The HOA covers essential services like building insurance, water/sewer, trash, grounds, and pest control. Located within walking or short driving distance to Brookwood Medical Center, Samford University, local shopping centers, and top-rated schools.

  21. 2025-10-15
    status Active 833-char remark
    Show marketing remark (833 chars)

    2-bedroom, 2-bath condo in the Foxcroft Condominium Community. Featuring crisp fresh paint and a mix of hardwood, tile and carpet flooring throughout, the home also offers a cozy brick fireplace and a private balcony with serene landscaping views. The kitchen has tile countertops and stainless steel appliances, and both primary and secondary bedrooms include walk-in closets with own private baths. HVAC and Water Heater replaced in 2024 Residents enjoy a community fenced in-ground pool, walking trails, and bbq area. Assigned parking and flexible unassigned spots are included. The HOA covers essential services like building insurance, water/sewer, trash, grounds, and pest control. Located within walking or short driving distance to Brookwood Medical Center, Samford University, local shopping centers, and top-rated schools.

  22. 2025-10-05
    historical Contingent 833-char remark
    Show marketing remark (833 chars)

    2-bedroom, 2-bath condo in the Foxcroft Condominium Community. Featuring crisp fresh paint and a mix of hardwood, tile and carpet flooring throughout, the home also offers a cozy brick fireplace and a private balcony with serene landscaping views. The kitchen has tile countertops and stainless steel appliances, and both primary and secondary bedrooms include walk-in closets with own private baths. HVAC and Water Heater replaced in 2024 Residents enjoy a community fenced in-ground pool, walking trails, and bbq area. Assigned parking and flexible unassigned spots are included. The HOA covers essential services like building insurance, water/sewer, trash, grounds, and pest control. Located within walking or short driving distance to Brookwood Medical Center, Samford University, local shopping centers, and top-rated schools.

  23. 2025-09-23
    price $162,500 833-char remark
    Show marketing remark (833 chars)

    2-bedroom, 2-bath condo in the Foxcroft Condominium Community. Featuring crisp fresh paint and a mix of hardwood, tile and carpet flooring throughout, the home also offers a cozy brick fireplace and a private balcony with serene landscaping views. The kitchen has tile countertops and stainless steel appliances, and both primary and secondary bedrooms include walk-in closets with own private baths. HVAC and Water Heater replaced in 2024 Residents enjoy a community fenced in-ground pool, walking trails, and bbq area. Assigned parking and flexible unassigned spots are included. The HOA covers essential services like building insurance, water/sewer, trash, grounds, and pest control. Located within walking or short driving distance to Brookwood Medical Center, Samford University, local shopping centers, and top-rated schools.

  24. 2025-08-22
    price $165,000 833-char remark
    Show marketing remark (833 chars)

    2-bedroom, 2-bath condo in the Foxcroft Condominium Community. Featuring crisp fresh paint and a mix of hardwood, tile and carpet flooring throughout, the home also offers a cozy brick fireplace and a private balcony with serene landscaping views. The kitchen has tile countertops and stainless steel appliances, and both primary and secondary bedrooms include walk-in closets with own private baths. HVAC and Water Heater replaced in 2024 Residents enjoy a community fenced in-ground pool, walking trails, and bbq area. Assigned parking and flexible unassigned spots are included. The HOA covers essential services like building insurance, water/sewer, trash, grounds, and pest control. Located within walking or short driving distance to Brookwood Medical Center, Samford University, local shopping centers, and top-rated schools.

  25. 2025-08-08
    listed $170,000 Active 833-char remark
    Show marketing remark (833 chars)

    2-bedroom, 2-bath condo in the Foxcroft Condominium Community. Featuring crisp fresh paint and a mix of hardwood, tile and carpet flooring throughout, the home also offers a cozy brick fireplace and a private balcony with serene landscaping views. The kitchen has tile countertops and stainless steel appliances, and both primary and secondary bedrooms include walk-in closets with own private baths. HVAC and Water Heater replaced in 2024 Residents enjoy a community fenced in-ground pool, walking trails, and bbq area. Assigned parking and flexible unassigned spots are included. The HOA covers essential services like building insurance, water/sewer, trash, grounds, and pest control. Located within walking or short driving distance to Brookwood Medical Center, Samford University, local shopping centers, and top-rated schools.

  26. 2025-08-02
    historical $170,000 833-char remark
    Show marketing remark (833 chars)

    2-bedroom, 2-bath condo in the Foxcroft Condominium Community. Featuring crisp fresh paint and a mix of hardwood, tile and carpet flooring throughout, the home also offers a cozy brick fireplace and a private balcony with serene landscaping views. The kitchen has tile countertops and stainless steel appliances, and both primary and secondary bedrooms include walk-in closets with own private baths. HVAC and Water Heater replaced in 2024 Residents enjoy a community fenced in-ground pool, walking trails, and bbq area. Assigned parking and flexible unassigned spots are included. The HOA covers essential services like building insurance, water/sewer, trash, grounds, and pest control. Located within walking or short driving distance to Brookwood Medical Center, Samford University, local shopping centers, and top-rated schools.

  27. 2024-01-12
    historical $1,900
  28. 2024-01-11
    listed $1,900
  29. 2024-01-05
    soldstatus $160,000 Sold 931-char remark
    Show marketing remark (931 chars)

    SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!

  30. 2024-01-02
    status Pending 931-char remark
    Show marketing remark (931 chars)

    SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!

  31. 2023-12-13
    historical Contingent 931-char remark
    Show marketing remark (931 chars)

    SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!

  32. 2023-12-12
    price $164,900 931-char remark
    Show marketing remark (931 chars)

    SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!

  33. 2023-11-28
    price $167,500 931-char remark
    Show marketing remark (931 chars)

    SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!

  34. 2023-11-07
    price $169,900 931-char remark
    Show marketing remark (931 chars)

    SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!

  35. 2023-10-27
    price $174,900 931-char remark
    Show marketing remark (931 chars)

    SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!

  36. 2023-10-21
    price $179,900 931-char remark
    Show marketing remark (931 chars)

    SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!

  37. 2023-09-26
    price $184,900 931-char remark
    Show marketing remark (931 chars)

    SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!

  38. 2023-09-16
    price $189,900 931-char remark
    Show marketing remark (931 chars)

    SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!

  39. 2023-09-01
    listed $194,900 Active 931-char remark
    Show marketing remark (931 chars)

    SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!

  40. 2023-08-29
    historical $194,900 931-char remark
    Show marketing remark (931 chars)

    SELLER OFFERING $3,500 TOWARDS BUYERS CLOSING COSTS w/ reasonable offer! Nestled in a highly convenient location minutes away from Brookwood Medical Center, downtown, Homewood, and Vestavia, this two bedroom, two bathroom condominium offers numerous desirable features and amenities. These include fresh paint throughout, beautiful hardwood flooring in the main living areas, granite tile countertops & stainless steel appliances, bedrooms with walk-in closets, cozy fireplace, balcony with a view, good sized laundry closet and assigned parking for your convenience. This condo includes a fenced in community pool and beautifully landscaped grounds. The HOA covers building insurance, trash, pest, common grounds, garbage, water & sewer so you only have to pay for gas, power, and homeowner's insurance. This condo presents a great opportunity for those seeking a blend of convenience, amenities & affordability!

  41. 2023-06-30
    soldstatus $170,000 Sold
  42. 2023-06-29
    status Pending
  43. 2023-06-26
    listed $149,900 Active
  44. 2023-06-20
    historical $149,900
  45. 2021-07-13
    soldstatus $137,000 Sold
  46. 2021-06-17
    historical Contingent
  47. 2021-06-15
    listed $124,900 Active
  48. 2021-06-10
    historical $124,900
  49. 2017-07-21
    soldstatus $92,000 Sold
  50. 2017-06-26
    historical Contingent

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$20,697
− Mortgage interest
−$8,397
− Property taxes
−$2,248
− Insurance
−$750
− Repairs & maintenance
−$1,656
− Management
−$1,656
− Depreciation
−$4,361
Taxable income
$1,630
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$391
After-tax cash flow
$3,528/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Homewood City
NCES district ID
0101760
Math proficiency
55% ▼ -20.00%
Reading proficiency
74% ▲ 6.00%
Median HH income
$63,366
Composite
56.01/100
National rank
#1189
State rank
#3 of 129 in AL

Livability — Homewood

Score
80/100
State rank
#5
US rank
#1730

Category grades

Amenities C Commute A+ Cost of living F Crime B Employment A+ Housing A+ Health & safety C User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Homewood, AL
County
Jefferson County · 527,445 people
City population
32,734
Metro
Birmingham-Hoover, AL
Population (ZIP)
34,327
Household income
$74,525
Rent vs Own
44.4% rent · 55.6% own
Severe rent burden
1747.0

Population outlook (Jefferson County) Hauer SSP2

Today (2025)
669,185 people
By 2030
669,694 · +0.1%
By 2040
661,388 · -1.2%
By 2050
643,086 · -3.9%
By 2075
577,267 · -13.7%
By 2100
474,758 · -29.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.56)
Race & ethnicity
White 61% Black 24% Hispanic / Latino 8% Asian 5% Two or more races 4% Native American 1%
Hispanic origin (detail)
Mexican 4%
Common ancestry
Slovak 3% Serbian 2% Italian 2%
Foreign-born
8% · Canada, China, South Korea
Languages at home
88% English-only · Spanish 6% Other Indo-European 2% Arabic 1%

Political lean MEDSL · Jefferson

2024 margin
D (+10.4) · D 54.6% · R 44.2% · Other 1.2%
2008→2024 swing
+5.4pp toward D · 2008: 5.1pp · 2024: 10.4pp
All cycles
2024: D+10.4 2020: D+13.2 2016: D+7.2 2012: D+6.0 2008: D+5.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -259.83%
Current HPI
239.8705
Rent YoY
▲ 2.59%
Metro
Birmingham-Hoover, AL
State GDP YoY
▲ 2.94%
F500 in state
4

Industry mix (Fortune 500 HQ in AL)

Industry F500 HQs Revenue

Price history

-98.3% since first listed
37 events — show timeline
  • 2026-02-26 Rental Removed $1,550 GALMLS
  • 2026-02-17 Price Changed $152,500 Greater Alabama MLS
  • 2026-01-28 Price Changed $1,550 GALMLS
  • 2026-01-16 Listed for Rent $1,850 GALMLS
  • 2025-11-30 Price Changed $155,000 Greater Alabama MLS
  • 2025-10-16 Price Changed $159,900 Greater Alabama MLS
  • 2025-10-15 Relisted Greater Alabama MLS
  • 2025-10-05 Contingent Greater Alabama MLS
  • 2025-09-23 Price Changed $162,500 Greater Alabama MLS
  • 2025-08-22 Price Changed $165,000 Greater Alabama MLS
  • 2025-08-08 Listed $170,000 Greater Alabama MLS
  • 2025-08-02 Coming Soon $170,000 Greater Alabama MLS
  • 2024-01-12 Rental Removed $1,900 TURBOTENANT
  • 2024-01-11 Listed for Rent $1,900 TURBOTENANT
  • 2024-01-05 Sold (MLS) $160,000 Greater Alabama MLS
  • 2024-01-02 Pending Greater Alabama MLS
  • 2023-12-13 Contingent Greater Alabama MLS
  • 2023-12-12 Price Changed $164,900 Greater Alabama MLS
  • 2023-11-28 Price Changed $167,500 Greater Alabama MLS
  • 2023-11-07 Price Changed $169,900 Greater Alabama MLS
  • 2023-10-27 Price Changed $174,900 Greater Alabama MLS
  • 2023-10-21 Price Changed $179,900 Greater Alabama MLS
  • 2023-09-26 Price Changed $184,900 Greater Alabama MLS
  • 2023-09-16 Price Changed $189,900 Greater Alabama MLS
  • 2023-09-01 Listed $194,900 Greater Alabama MLS
  • 2023-08-29 Coming Soon $194,900 Greater Alabama MLS
  • 2023-06-30 Sold (MLS) $170,000 Greater Alabama MLS
  • 2023-06-29 Pending Greater Alabama MLS
  • 2023-06-26 Listed $149,900 Greater Alabama MLS
  • 2023-06-20 Coming Soon $149,900 Greater Alabama MLS
  • 2021-07-13 Sold (MLS) $137,000 Greater Alabama MLS
  • 2021-06-17 Contingent Greater Alabama MLS
  • 2021-06-15 Listed $124,900 Greater Alabama MLS
  • 2021-06-10 Coming Soon $124,900 Greater Alabama MLS
  • 2017-07-21 Sold (MLS) $92,000 Greater Alabama MLS
  • 2017-06-26 Contingent Greater Alabama MLS
  • 2017-06-15 Listed $92,000 Greater Alabama MLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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