1737 Grant Ave SW · Birmingham, AL 35211

$103,500

3 bd · 1.0 ba · 1,070 sqft · SingleFamily public records · 101 Days on market

Built 1955 9,408 sqft lot $97/sqft · 28% above area Est $81k · 28% over

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Why this score? — see what drove the C- 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 +25.6/30.0
• DSCR +8.5/10.0
• 1% rule +6.5/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming 3-bedroom, 1-bath ranch-style home offering comfortable single-level living and great curb appeal. This well-maintained property features a welcoming front entry with classic detailing, a spacious front yard, and a long driveway with covered carport for convenient parking. Inside, the home offers a functional layout with bright living spaces and well-proportioned bedrooms. Large windows provide natural light throughout, creating a warm and inviting atmosphere. The kitchen and living areas offer flexibility for everyday living or entertaining guests. Situated on a generous lot with mature trees and outdoor space to enjoy, this property provides room for gardening, recreation, or future enhancements. Conveniently located near shopping, schools, and major roadways, this home is ideal for first-time buyers, downsizers, or investors looking for a solid opportunity. Don’t miss the chance to own this charming and versatile 3-bedroom home with plenty of potential.

Key facts

• Large windows
• Spacious front yard
• Covered carport

Tags

• SPACIOUS FRONT YARD
• LONG DRIVEWAY
• COVERED CARPORT
• FUNCTIONAL LAYOUT
• BRIGHT LIVING SPACES
• LARGE WINDOWS

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $104k.

Deal economics

• At list price, monthly cash flow is $246 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $104k).
• Recommended offer: $94k (9.0% below list) — sets the bar for market timing.
• Cap rate 9.1% vs local median 6.2% in Birmingham — 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 67/100 on livability (#78 in AL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities C-, schools F, crime F.
• Birmingham City (urban): math 4% / reading 20% proficiency, ranked #116 of 129 in AL (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 82% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-0.0%/yr); 152 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).
• This rent runs 41% of the median local income ($35k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $716 of loan paydown is wiped out by about $3k 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 101 days — a 9% lower offer ($94k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 7y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $94,185 (9.0% below list)

Questions for the listing agent

1. It's been on market 101 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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 for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.15% ✓
• Cap rate: 9.14%
• Cash-on-cash: 10.18%
• DSCR: 1.45
• GRM: 7.2

CMA / ARV

• ARV (median comp): $81,006
• List price: $103,500
• Delta: 27.77%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1524 Elm St SW	0.15mi	3/1.0	960 (-10%)	1mo	$43,000	$45	75
1744 Lincoln Pl SW	0.36mi	3/1.0	1,140 (+6%)	1mo	$99,000	$87	71
1657 19th Pl	0.56mi	3/1.0	1,074 (+0%)	3mo	$40,000	$37	71
1812 15th St SW	0.40mi	3/2.0	1,109 (+4%)	1mo	$117,000	$106	71
1525 Matt Leonard Dr SW	0.55mi	3/1.0	1,142 (+7%)	2mo	$99,500	$87	61
1920 SW 15th Way	0.32mi	3/2.0	972 (-9%)	7mo	$97,000	$100	60
1545 17th Pl SW	0.32mi	3/1.0	920 (-14%)	4mo	$35,000	$38	59
1625 Pine Ave	0.63mi	2/1.0 (-1)	1,062 (-1%)	7mo	$15,000	$14	58
1448 Matt Leonard Dr SW	0.57mi	3/3.0	1,053 (-2%)	6mo	$206,000	$196	58
1311 18th Way SW	0.54mi	3/1.0	979 (-8%)	4mo	$20,500	$21	57
117 E SW Ann Dr	0.45mi	3/1.0	936 (-12%)	6mo	$65,000	$69	53
1228 19th Pl SW	0.65mi	3/1.0	978 (-9%)	8mo	$66,500	$68	49

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -4.4%
• Equity multiple: 0.84×
• Total profit: $-4,616
• Equity at exit: $15,432

10-year hold

• IRR: 1.5%
• Equity multiple: 1.09×
• Total profit: $2,627
• Equity at exit: $8,949

Cash invested: $28,980 (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.

Methodology + full state rankings →

ZIP-level market 35211

• Rents YoY: -0.0%
• Active inventory: 152
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,195 high
• Mortgage (P&I): −$543
• Tax from tax record: −$113 /mo · $1,353/yr
• Insurance: −$43
• HOA: −$0
• Vacancy / Maint / Mgmt: −$251
• Net cashflow: $246

Break-even live

Break-even rent $884

Max offer price $103,500

Occupancy floor 74%

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: $25,875
• Closing costs: $3,105
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1520 17th Way SW Birmingham, AL	3.0	1.0	900	$900	$1.00	11d	1	0.20mi
1520 17th Way SW Birmingham, AL	3.0	1.0	900	$900	$1.00	21d	1	0.20mi
1537 18th St SW Birmingham, AL	3.0	1.0	1049	$1,130	$1.08	43d	1	0.28mi
1544 18th St SW Birmingham, AL	3.0	1.0	950	$1,130	$1.19	43d	1	0.30mi
224 E Ann Dr SW Birmingham, AL	3.0	1.0	1026	$1,050	$1.02	23d	1	0.43mi
1319 18th Way SW Birmingham, AL	4.0	2.0	1337	$1,345	$1.01	23d	1	0.52mi
1252 18th Pl SW Birmingham, AL	3.0	1.0	950	$1,000	$1.05	15d	1	0.53mi
1845 Henry Crumpton Dr Birmingham, AL	3.0	1.0	1000	$895	$0.90	3d	1	0.53mi
1669 19th Pl SW Birmingham, AL	4.0	2.0	1373	$1,325	$0.97	23d	1	0.55mi
1228 19th Pl SW Birmingham, AL	3.0	2.0	978	$1,195	$1.22	3d	1	0.64mi
1209 19th Pl SW Birmingham, AL	3.0	1.0	1050	$1,275	$1.21	43d	1	0.65mi
2005 Snavely Ave SW Birmingham, AL	3.0	2.0	1380	$1,150	$0.83	43d	1	0.67mi
2005 Henry Crumpton Dr Birmingham, AL	4.0	2.0	1377	$1,300	$0.94	43d	1	0.68mi
2128 Mayfield Ave SW Birmingham, AL	3.0	1.0	1196	$1,200	$1.00	23d	1	0.71mi
1000 17th Pl SW Birmingham, AL	3.0	2.0	1200	$1,275	$1.06	19d	1	0.82mi
2304 Beulah Ave SW Birmingham, AL	3.0	1.0	1283	$1,025	$0.80	1d	1	0.85mi
914 21st St SW Birmingham, AL	3.0	1.0	784	$1,200	$1.53	21d	1	0.89mi
2432 Ishkooda Rd SW Birmingham, AL	3.0	1.0	1075	$1,150	$1.07	43d	1	0.89mi
1620 Alemeda Ave SW Birmingham, AL	3.0	2.0	1314	$1,295	$0.99	1d	1	0.90mi
1233 15th Way SW Birmingham, AL	3.0	1.0	1119	$1,050	$0.94	43d	1	0.93mi
1332 15th Pl SW Birmingham, AL	2.0	1.0	1115	$950	$0.85	3d	1	0.93mi
1508 Dennison Ave SW Birmingham, AL	2.0	1.0	924	$890	$0.96	43d	1	0.94mi
2516 Powderly Ave SW Birmingham, AL	3.0	1.0	1236	$1,050	$0.85	43d	1	0.98mi
1256 15th St SW Birmingham, AL	3.0	1.0	1206	$1,300	$1.08	2d	1	1.02mi
2709 Powderly Ave SW Birmingham, AL	3.0	2.0	1056	$950	$0.90	23d	1	1.05mi
407 S Park Rd SW Birmingham, AL	3.0	1.0	1050	$900	$0.86	43d	1	1.07mi
1136 15th St SW Birmingham, AL	4.0	2.0	1296	$1,395	$1.08	23d	1	1.09mi
1734 Lee Ave SW Birmingham, AL	4.0	1.0	1142	$1,150	$1.01	19d	1	1.11mi
2409 Garrison Ave SW Birmingham, AL	4.0	2.0	1000	$1,295	$1.29	43d	1	1.13mi
1728 Princeton Ave SW Birmingham, AL	4.0	2.0	1334	$1,300	$0.97	43d	1	1.17mi
612 26th St SW Birmingham, AL	2.0	1.0	988	$825	$0.84	43d	1	1.18mi
2216 Lee Ave SW Birmingham, AL	3.0	1.0	902	$900	$1.00	23d	1	1.18mi
2026 Lee Ct SW Birmingham, AL	3.0	1.0	1204	$1,100	$0.91	43d	1	1.19mi
312 25th St SW Birmingham, AL	4.0	1.0	1159	$1,000	$0.86	23d	1	1.22mi
2113 Rambow Ave SW Birmingham, AL	2.0	1.0	838	$1,250	$1.49	43d	1	1.23mi
2028 Lee Ter SW Birmingham, AL	2.0	1.0	884	$695	$0.79	43d	1	1.25mi
2519 Saint Charles Ave SW Birmingham, AL	2.0	1.0	990	$975	$0.98	44d	1	1.26mi
2904 Garrison Ave SW Birmingham, AL	4.0	2.0	952	$1,050	$1.10	23d	1	1.26mi
1816 Saint Charles Ave SW Birmingham, AL	3.0	1.0	1395	$1,295	$0.93	23d	1	1.27mi
709 30th St SW Birmingham, AL	3.0	1.0	1273	$1,000	$0.79	43d	1	1.28mi

Listing history 22 events

1. 2026-06-18
   days on market $103,500 Active 101 DOM
2. 2026-06-17
   days on market $103,500 Active 100 DOM
3. 2026-06-16
   days on market $103,500 Active 99 DOM
4. 2026-06-15
   days on market $103,500 Active 98 DOM
5. 2026-06-13
   days on market $103,500 Active 96 DOM
6. 2026-06-10
   days on market $103,500 Active 93 DOM
7. 2026-06-09
   days on market $103,500 Active 92 DOM
8. 2026-06-08
   days on market $103,500 Active 91 DOM
9. 2026-06-07
   days on market $103,500 Active 90 DOM
10. 2026-06-03
    days on market $103,500 Active 86 DOM
11. 2026-06-02
    days on market $103,500 Active 85 DOM
12. 2026-06-01
    days on market $103,500 Active 84 DOM
13. 2026-05-31
    days on market $103,500 Active 83 DOM
14. 2026-03-09
    listed $103,500 Active 985-char remark

    Show marketing remark (985 chars)

    Charming 3-bedroom, 1-bath ranch-style home offering comfortable single-level living and great curb appeal. This well-maintained property features a welcoming front entry with classic detailing, a spacious front yard, and a long driveway with covered carport for convenient parking. Inside, the home offers a functional layout with bright living spaces and well-proportioned bedrooms. Large windows provide natural light throughout, creating a warm and inviting atmosphere. The kitchen and living areas offer flexibility for everyday living or entertaining guests. Situated on a generous lot with mature trees and outdoor space to enjoy, this property provides room for gardening, recreation, or future enhancements. Conveniently located near shopping, schools, and major roadways, this home is ideal for first-time buyers, downsizers, or investors looking for a solid opportunity. Don’t miss the chance to own this charming and versatile 3-bedroom home with plenty of potential.

15. 2025-06-02
    soldstatus $491,500
16. 2019-09-16
    soldstatus $28,500 Sold 412-char remark

    Show marketing remark (412 chars)

    Welcome to 1737 Grant Ave. SW; it is ready for a new owner!!! This 1-level home features 3 bedrooms, 1 full bath, a living/dining room combo, and a laundry room. The home also offers a carport, nice front yard, and a fenced backyard. Are you ready to move yet? If not, there’s more. .. .. The property is within minutes of the interstate, shopping, and SO much more!! Schedule your private showing today!!

17. 2019-08-17
    historical Contingent 412-char remark

    Show marketing remark (412 chars)

    Welcome to 1737 Grant Ave. SW; it is ready for a new owner!!! This 1-level home features 3 bedrooms, 1 full bath, a living/dining room combo, and a laundry room. The home also offers a carport, nice front yard, and a fenced backyard. Are you ready to move yet? If not, there’s more. .. .. The property is within minutes of the interstate, shopping, and SO much more!! Schedule your private showing today!!

18. 2019-07-13
    price $43,416 412-char remark

    Show marketing remark (412 chars)

    Welcome to 1737 Grant Ave. SW; it is ready for a new owner!!! This 1-level home features 3 bedrooms, 1 full bath, a living/dining room combo, and a laundry room. The home also offers a carport, nice front yard, and a fenced backyard. Are you ready to move yet? If not, there’s more. .. .. The property is within minutes of the interstate, shopping, and SO much more!! Schedule your private showing today!!

19. 2019-06-25
    price $45,000 412-char remark

    Show marketing remark (412 chars)

    Welcome to 1737 Grant Ave. SW; it is ready for a new owner!!! This 1-level home features 3 bedrooms, 1 full bath, a living/dining room combo, and a laundry room. The home also offers a carport, nice front yard, and a fenced backyard. Are you ready to move yet? If not, there’s more. .. .. The property is within minutes of the interstate, shopping, and SO much more!! Schedule your private showing today!!

20. 2019-05-18
    price $48,745 412-char remark

    Show marketing remark (412 chars)

    Welcome to 1737 Grant Ave. SW; it is ready for a new owner!!! This 1-level home features 3 bedrooms, 1 full bath, a living/dining room combo, and a laundry room. The home also offers a carport, nice front yard, and a fenced backyard. Are you ready to move yet? If not, there’s more. .. .. The property is within minutes of the interstate, shopping, and SO much more!! Schedule your private showing today!!

21. 2019-04-08
    listed $55,000 Active 412-char remark

    Show marketing remark (412 chars)

    Welcome to 1737 Grant Ave. SW; it is ready for a new owner!!! This 1-level home features 3 bedrooms, 1 full bath, a living/dining room combo, and a laundry room. The home also offers a carport, nice front yard, and a fenced backyard. Are you ready to move yet? If not, there’s more. .. .. The property is within minutes of the interstate, shopping, and SO much more!! Schedule your private showing today!!

22. 1972-02-29
    soldstatus $14,950

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

Tax reassessment forecast AL · Resets to sale price

• Current annual tax: $1,353 · $113/mo
• Projected year-2 tax: $1,353 · $113/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥106°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,345
• − Mortgage interest: −$5,798
• − Property taxes: −$1,353
• − Insurance: −$518
• − Repairs & maintenance: −$1,148
• − Management: −$1,148
• − Depreciation: −$3,011
• Taxable income: $1,371
• Est. tax owed @ 24.0%: −$329
• After-tax cash flow: $2,620/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: Birmingham City
• NCES district ID: 0100390
• Math proficiency: 4% ▼ -17.00%
• Reading proficiency: 20% ▼ -4.00%
• Median HH income: $31,988
• Composite: 9.49/100
• National rank: #9850
• State rank: #116 of 129 in AL

Livability — Birmingham

• Score: 67/100
• State rank: #78
• US rank: #10412

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Birmingham, AL
• County: Jefferson County · 527,445 people
• City population: 210,422
• Metro: Birmingham-Hoover, AL
• Population (ZIP): 24,924
• Household income: $34,884
• Rent vs Own: 59.7% rent · 40.3% own
• Severe rent burden: 2161.0

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: Predominantly Black (77%)
• Race & ethnicity: Black 77% White 10% Hispanic / Latino 10% Two or more races 4%
• Hispanic origin (detail): Mexican 7%
• Foreign-born: 6% · Canada
• Languages at home: 91% English-only · Spanish 8% French/Haitian/Cajun 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: ▼ -49.29%
• Current HPI: 91.2903
• Rent YoY: ▬ -0.01%
• Metro: Birmingham-Hoover, AL
• State GDP YoY: ▲ 2.94%
• F500 in state: 4

Industry mix (Fortune 500 HQ in AL)

Industry	F500 HQs	Revenue
▸Financial Services	1	$8B
▸Healthcare	1	$5B

Price history

+592.3% since first listed

9 events — show timeline

• 2026-03-09 Listed $103,500 Greater Alabama MLS
• 2025-06-02 Sold (Public Records) $491,500 Public Records
• 2019-09-16 Sold (MLS) $28,500 Greater Alabama MLS
• 2019-08-17 Contingent — Greater Alabama MLS
• 2019-07-13 Price Changed $43,416 Greater Alabama MLS
• 2019-06-25 Price Changed $45,000 Greater Alabama MLS
• 2019-05-18 Price Changed $48,745 Greater Alabama MLS
• 2019-04-08 Listed $55,000 Greater Alabama MLS
• 1972-02-29 Sold (Public Records) $14,950 Public Records

Property tax history

+17.0%/yr

Latest (2025): $1,353 · +0.0% YoY. Source: county tax records.