1109 14th Pl · Birmingham, AL 35211

$45,000

3 bd · 1.0 ba · 1,008 sqft · SingleFamily public records · 51 Days on market

Built 1930 6,534 sqft lot $45/sqft · 24% below area Est $59k · 24% under

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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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This property is perfect for investors and landlords looking to add to their portfolio. Once a 3 bedroom but was converted to a 2 bedroom with a formal dining area. The home is tenant occupied and has been receiving steady timely payments of $500/mth which is slated to increase after being approved by the Housing Authority. Electrical and plumbing have been updated and the water heater is less than 5 years old. This property offers a lot of potential and has already passed section 8 rental inspection for the following year.

Key facts

• 6,534 sq ft lot
• Parking
• Built 1930

Property features AI

Finance

• Other: Lot size approximately 0.15 acres; Flood plain: No
• Financial info: Property has down payment assistance available
• HOA & community: No HOA information listed

Exterior

• Parking: Off-street parking; 1 carport space
• Security: No security features listed
• Utilities: Public water; Electric water heater; Internet availability unknown
• Home design: Siding-Other exterior; Slab foundation; Existing structure; Tri-level / split-level features not present
• Construction: Slab foundation; Siding-Other construction
• Exterior features: Covered patio; Porch; No pool; No deck; No garden/patio listed; Not waterfront

Interior

• Kitchen: Electric oven; Refrigerator
• Bedrooms: Master bedroom on main level; Additional bedrooms on main level
• Flooring: Hardwood laminate flooring
• Bathrooms: Two full bathrooms; Shared bath
• Heating & cooling: Electric heating; Electric cooling
• Interior features: Ceilings: Other (see remarks); No additional interior features listed
• Laundry & utility: Main-level laundry room; Washer hookup; Electric dryer hookup

🏷️ Possibly a rental listed for sale. The $45,000 price doesn't fit this home's estimated sale value (~$59,111) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $45k.

Deal economics

• At list price, monthly cash flow is $634 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $45k).
• Recommended offer: $44k (3.0% below list) — sets the bar for market timing.
• Cap rate 23.2% 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 $311 of loan paydown is wiped out by about $1k 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.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $13k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 51 days — a 3% lower offer ($44k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y 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.
• Current owner paid $38k; 18% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; 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 $43,650 (3.0% below list)

Questions for the listing agent

1. It's been on market 51 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 2.62% ✓
• Cap rate: 23.20%
• Cash-on-cash: 60.40%
• DSCR: 3.69
• GRM: 3.2

CMA / ARV

• ARV (median comp): $59,111
• List price: $45,000
• Delta: -23.87%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1245 15th St SW	0.24mi	3/1.0	1,002 (-1%)	6mo	$12,500	$12	83
1257 16th Pl SW	0.40mi	3/1.0	1,036 (+3%)	15mo	$40,000	$39	64
1244 15th Way SW	0.33mi	3/2.0	948 (-6%)	15mo	$115,000	$121	58
809 11th St SW	0.53mi	2/1.0 (-1)	1,113 (+10%)	0mo	$7,500	$7	53
1276 16th St SW	0.38mi	2/2.0 (-1)	988 (-2%)	22mo	$76,500	$77	52
1549 Dennison Ave	0.45mi	3/1.5	913 (-9%)	18mo	$15,000	$16	46
1541 Dennison Ave	0.45mi	3/1.0	864 (-14%)	11mo	$55,000	$64	46
1736 Jefferson Ave SW	0.70mi	3/1.0	871 (-14%)	11mo	$116,000	$133	35
1651 Waco Ave SW	0.56mi	4/1.0 (+1)	1,153 (+14%)	12mo	$65,000	$56	34
1734 Lee Ave	0.71mi	3/1.0	1,142 (+13%)	18mo	$85,000	$74	30

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: 55.8%
• Equity multiple: 3.35×
• Total profit: $29,654
• Equity at exit: $6,710

10-year hold

• IRR: 59.7%
• Equity multiple: 6.12×
• Total profit: $64,515
• Equity at exit: $3,891

Cash invested: $12,600 (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: 3.2×

Monthly cashflow live

• Estimated rent: $1,179 high
• Mortgage (P&I): −$236
• Tax from tax record: −$43 /mo · $513/yr
• Insurance: −$19
• HOA: −$0
• Vacancy / Maint / Mgmt: −$248
• Net cashflow: $634

Break-even live

Break-even rent $377

Max offer price $45,000

Occupancy floor 41%

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: $11,250
• Closing costs: $1,350
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1136 15th St SW Birmingham, AL	4.0	2.0	1296	$1,395	$1.08	23d	1	0.11mi
916 14th St SW Unit A Birmingham, AL	2.0	1.0	870	$800	$0.92	23d	1	0.17mi
916 14th St SW Unit F Birmingham, AL	2.0	1.0	870	$800	$0.92	44d	1	0.17mi
916 14th St SW Unit F Birmingham, AL	2.0	1.0	800	$800	$1.00	12d	1	0.17mi
1256 15th St SW Birmingham, AL	3.0	1.0	1206	$1,300	$1.08	3d	1	0.26mi
1233 15th Way SW Birmingham, AL	3.0	1.0	1119	$1,050	$0.94	44d	1	0.28mi
1620 Alemeda Ave SW Birmingham, AL	3.0	2.0	1314	$1,295	$0.99	2d	1	0.36mi
1332 15th Pl SW Birmingham, AL	2.0	1.0	1115	$950	$0.85	3d	1	0.37mi
1508 Dennison Ave SW Birmingham, AL	2.0	1.0	924	$890	$0.96	44d	1	0.46mi
1501 Princeton Ave SW Birmingham, AL	3.0	2.0	1260	$1,350	$1.07	44d	1	0.47mi
1100 Cotton Ave SW Unit b Birmingham, AL	2.0	1.5	816	$988	$1.21	44d	1	0.54mi
521 16th St SW Unit 523 Birmingham, AL	2.0	1.0	800	$800	$1.00	44d	1	0.55mi
1012 Cotton Ave SW Birmingham, AL	3.0	1.0	1232	$1,000	$0.81	44d	1	0.58mi
1217 Fulton Ave SW Birmingham, AL	4.0	2.0	1397	$1,395	$1.00	44d	1	0.61mi
1000 17th Pl SW Birmingham, AL	3.0	2.0	1200	$1,275	$1.06	19d	1	0.62mi
1228 Fulton Ave SW Birmingham, AL	2.0	1.0	900	$800	$0.89	44d	1	0.63mi
1220 Alabama Ave SW Birmingham, AL	3.0	1.5	1175	$1,350	$1.15	44d	1	0.71mi
1734 Lee Ave SW Birmingham, AL	4.0	1.0	1142	$1,150	$1.01	19d	1	0.72mi
1437 Woodland Ave SW Birmingham, AL	3.0	1.0	1369	$1,100	$0.80	3d	1	0.73mi
1728 Princeton Ave SW Birmingham, AL	4.0	2.0	1334	$1,300	$0.97	44d	1	0.75mi
405 11th St SW Unit B Birmingham, AL	2.0	1.0	1065	$800	$0.75	44d	1	0.77mi
1645 Woodland Ave SW Birmingham, AL	4.0	2.0	1298	$1,300	$1.00	19d	1	0.79mi
1816 Saint Charles Ave SW Birmingham, AL	3.0	1.0	1395	$1,295	$0.93	23d	1	0.85mi
1800 Woodland Ave SW Birmingham, AL	4.0	1.0	1411	$1,195	$0.85	2d	1	0.88mi
261 3rd Ave SW Birmingham, AL	1.0–2.0	1.0	634	$850	$1.34	3d	14	0.90mi
132 17th St SW Birmingham, AL	2.0	1.0	738	$945	$1.28	44d	1	0.93mi
719 Washington Ave SW Birmingham, AL	3.0	1.0	1064	$950	$0.89	12d	1	0.99mi
644 Alabama Ave SW Birmingham, AL	3.0	1.0	1274	$1,125	$0.88	23d	1	1.10mi
1252 18th Pl SW Birmingham, AL	3.0	1.0	950	$1,000	$1.05	16d	1	1.10mi
856 Center Way SW Birmingham, AL	3.0	2.0	1142	$1,200	$1.05	44d	1	1.11mi
608 Fulton Ave SW Birmingham, AL	3.0	1.0	1271	$1,300	$1.02	44d	1	1.14mi
2028 Lee Ter SW Birmingham, AL	2.0	1.0	884	$695	$0.79	44d	1	1.16mi
1319 18th Way SW Birmingham, AL	4.0	2.0	1337	$1,345	$1.01	23d	1	1.17mi
1933 Saint Charles Ct SW Birmingham, AL	3.0	1.0	1106	$1,050	$0.95	23d	1	1.17mi
741 Center Pl SW Birmingham, AL	3.0	1.0	1101	$1,250	$1.14	16d	1	1.18mi
914 21st St SW Birmingham, AL	3.0	1.0	784	$1,200	$1.53	21d	1	1.19mi
2026 Lee Ct SW Birmingham, AL	3.0	1.0	1204	$1,100	$0.91	44d	1	1.20mi
1520 17th Way SW Birmingham, AL	3.0	1.0	900	$900	$1.00	21d	1	1.20mi
1520 17th Way SW Birmingham, AL	3.0	1.0	900	$900	$1.00	12d	1	1.20mi
12 4th Ave SW Unit 1 Birmingham, AL	3.0	1.0	1336	$1,100	$0.82	44d	1	1.21mi

Listing history 21 events

1. 2026-06-18
   days on market $45,000 Active 51 DOM
2. 2026-06-17
   days on market $45,000 Active 50 DOM
3. 2026-06-16
   days on market $45,000 Active 49 DOM
4. 2026-06-15
   days on market $45,000 Active 48 DOM
5. 2026-06-13
   days on market $45,000 Active 46 DOM
6. 2026-06-10
   days on market $45,000 Active 43 DOM
7. 2026-06-09
   days on market $45,000 Active 42 DOM
8. 2026-06-08
   days on market $45,000 Active 41 DOM
9. 2026-06-07
   days on market $45,000 Active 40 DOM
10. 2026-06-03
    days on market $45,000 Active 36 DOM
11. 2026-06-02
    days on market $45,000 Active 35 DOM
12. 2026-06-01
    days on market $45,000 Active 34 DOM
13. 2026-05-31
    days on market $45,000 Active 33 DOM
14. 2026-04-28
    listed $45,000 Active 381-char remark
15. 2024-06-28
    soldstatus $38,000 Sold 529-char remark

    Show marketing remark (529 chars)

    This property is perfect for investors and landlords looking to add to their portfolio. Once a 3 bedroom but was converted to a 2 bedroom with a formal dining area. The home is tenant occupied and has been receiving steady timely payments of $500/mth which is slated to increase after being approved by the Housing Authority. Electrical and plumbing have been updated and the water heater is less than 5 years old. This property offers a lot of potential and has already passed section 8 rental inspection for the following year.

16. 2024-06-24
    status Pending 529-char remark

    Show marketing remark (529 chars)

    This property is perfect for investors and landlords looking to add to their portfolio. Once a 3 bedroom but was converted to a 2 bedroom with a formal dining area. The home is tenant occupied and has been receiving steady timely payments of $500/mth which is slated to increase after being approved by the Housing Authority. Electrical and plumbing have been updated and the water heater is less than 5 years old. This property offers a lot of potential and has already passed section 8 rental inspection for the following year.

17. 2024-06-08
    listed $39,900 Active 529-char remark

    Show marketing remark (529 chars)

    This property is perfect for investors and landlords looking to add to their portfolio. Once a 3 bedroom but was converted to a 2 bedroom with a formal dining area. The home is tenant occupied and has been receiving steady timely payments of $500/mth which is slated to increase after being approved by the Housing Authority. Electrical and plumbing have been updated and the water heater is less than 5 years old. This property offers a lot of potential and has already passed section 8 rental inspection for the following year.

18. 2022-02-02
    soldstatus $31,000 Sold

    Show marketing remark (932 chars)

    Turn Key Property with Long term tenant of 10 years. Catch is property will be sold vacant. Current tenant is paying $500/mo, the lease will expire on Feb 2022. This rent is low due to it being rented to a family member. Market rent is around $800 +/ - . We will provide more of what we know about the property. However, Please conduct your own due diligence. This property is in good condition as far as we know. It is currently a rental which has to pass an annual inspection to maintain status of Rental property. The property contains a composite roof, gas furnace & window-type unit for AC. The hot water heater is 2 to 3 years & It is up code. Electrical and plumbing was also updated over the years. Property contains Hardwood floors that are vinyl in the laundry room, living room, dining room, & kitchen. Also has 9 ft ceiling. This property offers a lot of potential and is worth adding to your portfolio!

19. 2021-12-29
    historical

    Show marketing remark (932 chars)

    Turn Key Property with Long term tenant of 10 years. Catch is property will be sold vacant. Current tenant is paying $500/mo, the lease will expire on Feb 2022. This rent is low due to it being rented to a family member. Market rent is around $800 +/ - . We will provide more of what we know about the property. However, Please conduct your own due diligence. This property is in good condition as far as we know. It is currently a rental which has to pass an annual inspection to maintain status of Rental property. The property contains a composite roof, gas furnace & window-type unit for AC. The hot water heater is 2 to 3 years & It is up code. Electrical and plumbing was also updated over the years. Property contains Hardwood floors that are vinyl in the laundry room, living room, dining room, & kitchen. Also has 9 ft ceiling. This property offers a lot of potential and is worth adding to your portfolio!

20. 2021-12-28
    listed $31,000 Active

    Show marketing remark (932 chars)

    Turn Key Property with Long term tenant of 10 years. Catch is property will be sold vacant. Current tenant is paying $500/mo, the lease will expire on Feb 2022. This rent is low due to it being rented to a family member. Market rent is around $800 +/ - . We will provide more of what we know about the property. However, Please conduct your own due diligence. This property is in good condition as far as we know. It is currently a rental which has to pass an annual inspection to maintain status of Rental property. The property contains a composite roof, gas furnace & window-type unit for AC. The hot water heater is 2 to 3 years & It is up code. Electrical and plumbing was also updated over the years. Property contains Hardwood floors that are vinyl in the laundry room, living room, dining room, & kitchen. Also has 9 ft ceiling. This property offers a lot of potential and is worth adding to your portfolio!

21. 1981-09-24
    soldstatus $16,500

ⓘ 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: $513 · $43/mo
• Projected year-2 tax: $513 · $43/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 6/10 Major FEMA zone X (unshaded) · 74% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 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: $14,153
• − Mortgage interest: −$2,521
• − Property taxes: −$513
• − Insurance: −$225
• − Repairs & maintenance: −$1,132
• − Management: −$1,132
• − Depreciation: −$1,309
• Taxable income: $7,320
• Est. tax owed @ 24.0%: −$1,757
• After-tax cash flow: $5,854/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

+172.7% since first listed

8 events — show timeline

• 2026-04-28 Listed $45,000 Greater Alabama MLS
• 2024-06-28 Sold (MLS) $38,000 Greater Alabama MLS
• 2024-06-24 Pending — Greater Alabama MLS
• 2024-06-08 Listed $39,900 Greater Alabama MLS
• 2022-02-02 Sold (MLS) $31,000 Greater Alabama MLS
• 2021-12-29 Delisted — Greater Alabama MLS
• 2021-12-28 Listed $31,000 Greater Alabama MLS
• 1981-09-24 Sold (Public Records) $16,500 Public Records

Property tax history

-1.7%/yr

Latest (2025): $513 · +17.2% YoY. Source: county tax records.