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About This Home

This 0-bedroom, 0-bathroom residential multi family at 737 40TH PLACE in Fairfield, AL is listed for $300,000. Built in 1920, on a N/A lot.

Agent Description

Great investment opportunity in this classic 2 story brick and frame build with beautiful front porches for each unit! All units in the building have been updated with NEW WINDOWS and doors. Two have been updated like the photos- with paint, flooring, cabinetry and upgrades in kitchens and baths, new appliances.

All electrical throughout the building has been brought to code. Each unit is 1,009 square feet! Large living rooms, beautiful private porches off the living room! Two large bedrooms are separated for more privacy. Lots of closets and storage! Plumbed for washer and dryer in it's own space near the bathroom.

Full bath. Back exit leads to the vast parking lot with space for 10+ cars! Tons of parking space! Rents are from $550-$1,000. Exterior has recently been all cleaned. New chimney caps! Separate water meters for each unit. Section 8 compliant.

Key Features

  • Built in 1920

Property Details

1920

Amenities

HardwoodA/C

Monthly Cost Estimate

$1,604/mo

20% down · 6.5% · 30 years

Principal$217
Interest$1,300
Insurance$88

Estimates only. Actual payments may vary.

Location

737 40TH PLACE

Fairfield, AL 35064

FAIRFIELD

Property Details

Flooring

HardwoodTile

Construction

Brick and Frame

Parking

On Street

Heating

Heat Pump (Heating)

Cooling

Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 737 40TH PLACE is listed at $300,000. The estimated monthly payment is $1,300 based on 20% down at 6.5% interest.

Key features include: Built in 1920.

This property is listed by Margie Beth Shaw and can be reached at 2052342906 or MargieBeth@kw.com.

MS

Margie Beth Shaw

Agent at Keller Williams Realty Vestavia

(205) 234-2906

Listed by Keller Williams Realty Vestavia · View on Broker Site

MLS# 21455464· Source: listhub· Updated 1 days ago

Copyright © 2026 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

737 40TH PLACE, Fairfield, AL 35064

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