Terrace Court Apartments 1124 20th St S 40 Unit Apartment Building For Sale Birmingham, AL 35205

Terrace Court presents a rare opportunity to acquire a historic, fully renovated mid-rise apartment building in the heart of Birmingham’s vibrant Five Points South district. Constructed in 1908, this six-story property features 40 apartment units complemented by four ground-level retail spaces, creating a dynamic mixed-use environment. The building occupies an irregularly shaped 0.33-acre site, offering a density of 121.21 units per acre.
Positioned at the corner of 12th Avenue South and 20th Street South, Terrace Court benefits from exceptional visibility and accessibility, less than half a mile from US Highway 280—a major regional thoroughfare. The property is clearly visible from both intersecting streets, enhancing its retail exposure and residential appeal.
Surrounding neighborhoods, including Five Points South, Lakeview/Pepper Place, and Highland Park, are among Birmingham’s most popular destinations, featuring top-rated restaurants, coffee shops, bars, breweries, and entertainment venues—all within a five-minute drive. This location also offers proximity to the University of Alabama at Birmingham (UAB) campus and downtown Birmingham, making it highly attractive for residents and retailers alike.
With its historic character, modern renovations, and prime urban location, Terrace Court represents a compelling investment opportunity in one of Birmingham’s most dynamic submarkets.