2112 Martin Luther King Drive Jasper, AL $ 500,000
2112 Martin Luther King Drive
$ 500,000
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2112 Martin Luther King Drive

Jasper, AL, 35501
$ 500,000
Bedrooms16 Baths8.0

Monthly Estimate*

$ 3,079

2112 Martin Luther King Drive, Jasper, AL 35501 - Image 1
2112 Martin Luther King Drive, Jasper, AL 35501 - Image 2
2112 Martin Luther King Drive, Jasper, AL 35501 - Image 3
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2112 Martin Luther King Drive, Jasper, AL 35501 - Image 5
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Multi-Family Home for sale in Jasper, AL

for $500,000 with 16 bedrooms and 8 full baths. This home was built in 1980.

Cash-Flowing 8-Unit Apartment Complex in Jasper, Alabama – Turnkey and Ready to Go! Professionally managed 8-unit apartment complex with room for value add. All units are spacious 2 bed / 1 bath, 1,000 sq. ft. each. Rents are currently $800 per month, and as tenants cycle out and the units are refreshed, we’re increasing them to $850+ — building in immediate upside for the next owner. With a mix of Section 8 and regular tenants, the apartments stay at a 90% or higher occupancy rate. Walker County has a rental shortage and a large demand for Section 8 rentals. The property is clean, updated, and consistently maintained. Water and dumpster service are paid by the owner, with everything else handled by professional management already in place. This means zero headaches and steady cash flow from day one. Whether you’re a local investor looking to expand your portfolio or a first-timer wanting a turnkey opportunity, this property delivers strong returns and room for even more growth.

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Multi-Family Active

Price

$ 500,000

Bedrooms

16

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Year Built

1980

Town/City

Jasper

County/Region

Walker

MLS | Web ID

21441236

Features
General
Heating Electric (HEAT) Heat Pump (HEAT) Individual Units (HEAT)
Cooling Ceiling Fans Electric (COOL) Individual Units (COOL)
Development Status Existing
Water Public Water
Status Active Active
Year Built 1980
Parking Other
Tenant Pays Cable/TV Connect (TENANT) Electric (TENANT)
Subdivision JASPER AL
Water Heater Electric (WTRHTR) Individual Control
County Walker
Class MULTIFAMILY
Type Apartment
Miscellaneous None/Other Pets Allowed
Sale/Rent For Sale
Status Detail 0
Area Jasper
Primary City Jasper
Virtual Tour https://www.propertypanorama.com/instaview/bham/21441236
High School JASPER
City JASPER
Financing Conventional
Elementary School WEST JASPER
Middle School MADDOX
Legal Description PO SWNW 16/14/7 COM @ SW COR N 580NE 170 SE 285 TO POB CONT SE 170 NE166.26 NW 76.35 NE 286.74 TOW ROWHWY #269 NLY ALG ROW 26.56 SW152.36 NW 20 SW 130 NW 60 SW 184.78TO POB
DOM 4
Postal Code 35501
Price Per Sq Ft Total AG 1
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Exterior
Exterior Concrete/Block Frame
Foundation Slab
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Interior
Floors Vinyl
Total Number of Units 8
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* Excluded Features
List By
Realtysouth The Harbin Company

Broker

jordanmiles369@gmail.com

Email

Affordability Calculator

$3,079
Per Month
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Monthly Principal & Interest
$3,079
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5382507 Elementary School
2222120 Middle School
Jasper High School High School
Pricing History
DatePricePrice ChangeDescription
1/19/2026$500,000 Listed Price

Map


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2112 Martin Luther King Drive, Jasper, AL, 35501 is a Multi-Family Home for sale at $500,000. 2112 Martin Luther King Drive has 16 bedrooms, 8.0 baths, and was built in 1980. The property's zip code is 35501 which is in Jasper, AL