# 737 40TH PLACE, Fairfield, AL 35064

> **TL;DR:** residential multi family, $300,000, built 1920.
> Hardwood, A/C. Est. $1,300/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $300,000 |
| Year Built | 1920 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,300 |
| **Total** | **$1,300** |

## Nearby Schools

- **Elementary:** ROBINSON
- **Middle:** FOREST HILLS
- **High:** FAIRFIELD

## Key Amenities

- Hardwood
- A/C

## Property Highlights

- Built in 1920

## Description

### 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.

## Location

- **Address:** 737 40TH PLACE, Fairfield, AL 35064
- **County:** Jefferson
- **Neighborhood:** FAIRFIELD
- **Coordinates:** 33.493074, -86.906794
- **Google Maps:** https://www.google.com/maps?q=33.493074,-86.906794

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/bham/21455464

## Listing Agent

- **Name:** Margie Beth Shaw
- **Brokerage:** Keller Williams Realty Vestavia
- **Phone:** 2052342906
- **Email:** MargieBeth@kw.com

## Primary Photo

![737 40TH PLACE - Primary Photo](http://lh.rdcpix.com/a6c982682b37e24b2ae3d5c67b3415e9l-f3469925444r.jpg)

*36 total photos available on [listing page](https://www.propertysimple.com/listing/737-40th-place-fairfield-al-35064-21455464)*

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**MLS#:** 21455464 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/737-40th-place-fairfield-al-35064-21455464)

---

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