Tuscaloosa, AL Apartment Buildings for Sale

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Northport, AL Fosters, AL Coker, AL Duncanville, AL Buhl, AL Cottondale, AL Ralph, AL Moundville, AL

6 properties

Updated: Nov 8, 2024

Tuscaloosa Multifamily Investment Opportunity

603 Hargrove E Rd, Tuscaloosa, AL 35401

$3,490,000

38,592 sqft

Fully occupied 48‑unit apartment community.
Central Tuscaloosa location.
Updated units with paint, LVT flooring, and new lighting (2019).
Two floor plans available (1 bed/1 bath and 2 bed/1 bath).
Attracts working class residents.

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This listing looks promising.

Here's a quick look at some key insights for

603 Hargrove E Rd, Tuscaloosa, AL 35401

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Est. Cap Rate

9%
Above avg (5.9%)
Est. NOI

$313K
Annual
Price @ 7% Cap

$4.47M
Above asking
Property Type

Apartments (Generic)
Built 1966

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Updated: Sep 25, 2025

Tuscaloosa Multifamily Investment Opportunity

2925 Hargrove Road E, Tuscaloosa, AL 35405

$1,200,000

9,936 sqft 0.44 AC lot

Built in 2008 with block and masonry construction
Central air conditioning plus central electric heating
Interior includes ceiling fans, walk‑in closets, and window treatments
Flooring features tile and carpet
Includes a balcony and paved driveway

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Tuscaloosa Multifamily Investment Opportunity

407 30th Place, Tuscaloosa, AL 35401

$399,000

3,465 sqft 0.44 AC lot

Seven-unit multifamily property near downtown Tuscaloosa, Alabama.

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Tuscaloosa Multifamily Investment Opportunity

603 Hargrove Road E, Tuscaloosa, AL 35401

$3,490,000

38,592 sqft 1.52 AC lot

48-unit apartment community in central Tuscaloosa.

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Condo Near Bryant-Denny Stadium

1212 12th Street #38, Tuscaloosa, AL 35401

$214,900

490 sqft

Condo unit 0.4 miles from Bryant-Denny Stadium, Tuscaloosa, AL.

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Condo Near Bryant-Denny Stadium

1212 12TH STREET #4, Tuscaloosa, AL 35401

$214,900

490 sqft

Condo unit 0.4 miles from Bryant-Denny Stadium, Tuscaloosa, AL.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 6 Active listings in Tuscaloosa, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Hoover Multifamily Investment Opportunity

3252 and 3246 Warringwood Dr, Hoover, AL 35216

$1,100,000

10,176 sqft

Well-maintained, renovated 8-unit multifamily property in desirable Hoover, AL.

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Renovated Workforce Apartment Portfolio

1561 Pike Rd, Birmingham, AL 35218

$9,052,000

97,160 sqft

Two apartment communities total 146 units, with large-scale renovations including HVAC, roofing, and windows.

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Hoover Condo with Community Pool

1935 WATERFORD PLACE #1935, Hoover, AL 35244

$210,000

1,344 sqft

Charming 2BR/2.5BA condo in Waterford, close to amenities.

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Value-Add Multifamily Investment Opportunity

2731 28th St W, Birmingham, AL 35218

Contact for pricing

7,450 sqft

Eleven-unit multifamily property with high occupancy and cap rate potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Ocean Springs Highway 90 Land

Bienville Blvd, Ocean Springs, MS 39564

$675,000

143,748 sqft 3.30 AC lot

3.3 acre commercial land on Highway 90, Ocean Springs.

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Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900

1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000

29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Off-Market Properties in Tuscaloosa, AL

Consider similar Off-Market properties in Tuscaloosa, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

GARDEN APT, COURT APT (5+ UNITS)

19 Brk Mdws Cir, Tuscaloosa, AL 35401-3790

Value Estimation by Request

1,560 sqft

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GARDEN APT, COURT APT (5+ UNITS)

14 Brk Mdws Cir, Tuscaloosa, AL 35401-3790

Value Estimation by Request

1,560 sqft

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GARDEN APT, COURT APT (5+ UNITS)

11 Brk Mdws Cir, Tuscaloosa, AL 35401-3790

Value Estimation by Request

1,920 sqft

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GARDEN APT, COURT APT (5+ UNITS)

7 Brk Mdws Cir, Tuscaloosa, AL 35401-3790

Value Estimation by Request

1,560 sqft

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GARDEN APT, COURT APT (5+ UNITS)

26 Brk Mdws Cir, Tuscaloosa, AL 35401-3790

Value Estimation by Request

1,920 sqft

View details

APARTMENT HOUSE (UNDER 5 UNITS)

47 Sahama Vlg, Tuscaloosa, AL 35401-7523

Value Estimation by Request

3,132 sqft 0.30 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

2030 9th St, Tuscaloosa, AL 35401-2305

Value Estimation by Request

3,340 sqft 0.20 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1926 48th E St, Tuscaloosa, AL 35405-1528

Value Estimation by Request

4,422 sqft

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APARTMENT HOUSE (UNDER 5 UNITS)

446 29th Pl, Tuscaloosa, AL 35401-6500

Value Estimation by Request

3,312 sqft

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APARTMENT HOUSE (UNDER 5 UNITS)

3827 Sheffield Ct, Tuscaloosa, AL 35405-5478

$1,360,000

Estimated value

4,964 sqft

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APARTMENT HOUSE (5+ UNITS)

407 Grace St, Tuscaloosa, AL 35401-1673

$1,030,000

Estimated value

9,574 sqft 0.83 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

23 Brk Mdws Cir, Tuscaloosa, AL 35401-3790

Value Estimation by Request

1,560 sqft

View details

APARTMENT HOUSE (UNDER 5 UNITS)

1914 48th E St, Tuscaloosa, AL 35405-1535

Value Estimation by Request

4,422 sqft

View details

APARTMENT HOUSE (UNDER 5 UNITS)

1004 Riverside Dr, Tuscaloosa, AL 35401-1192

Value Estimation by Request

5,124 sqft 0.18 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

25 Brk Mdws Cir, Tuscaloosa, AL 35401-3790

Value Estimation by Request

1,920 sqft

View details

GARDEN APT, COURT APT (5+ UNITS)

3 Brk Mdws Cir, Tuscaloosa, AL 35401-3790

Value Estimation by Request

1,920 sqft

View details

APARTMENT HOUSE (UNDER 5 UNITS)

621 33rd E St, Tuscaloosa, AL 35405-2396

$1,230,000

Estimated value

4,032 sqft 0.18 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

324 23rd St, Tuscaloosa, AL 35401-5903

Value Estimation by Request

1,731 sqft 0.48 AC lot

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Tuscaloosa, AL Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Tuscaloosa, AL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 91,565 square feet of properties for sale, with an estimated market value of $9,008,800.

Sale prices for two-family homes in Tuscaloosa, AL start at $214,900, averaging $1,501,466, and reaching up to $3,490,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 133K

Population Growth (5Y) +6.7%

Median Household Income $56,951

College Educated 22.0%

High-Yield Neighborhoods for Investment

Identify Tuscaloosa submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
35405	$1.2M
35401	$1.8M

Taxes & Financing

Tax Rate (average for all types) 4.42%

Property Tax per SF $70.50 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tuscaloosa County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Tuscaloosa County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Tuscaloosa fall within the 10,000 to 25,000 square foot range.

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Tuscaloosa, AL Apartment Buildings for Sale

603 Hargrove E Rd, Tuscaloosa, AL 35401

2925 Hargrove Road E, Tuscaloosa, AL 35405

407 30th Place, Tuscaloosa, AL 35401

603 Hargrove Road E, Tuscaloosa, AL 35401

1212 12th Street #38, Tuscaloosa, AL 35401

1212 12TH STREET #4, Tuscaloosa, AL 35401

Opportunities in Nearby Cities

3252 and 3246 Warringwood Dr, Hoover, AL 35216

1561 Pike Rd, Birmingham, AL 35218

1935 WATERFORD PLACE #1935, Hoover, AL 35244

2731 28th St W, Birmingham, AL 35218

Potential Development Sites for Consideration

Bienville Blvd, Ocean Springs, MS 39564

71 Salters Road, Greenville, SC 29607

215 N Bear Creek Road, Asheville, NC 28806

N West Bypass, Springfield, MO 65802

Off-Market Properties in Tuscaloosa, AL

19 Brk Mdws Cir, Tuscaloosa, AL 35401-3790

14 Brk Mdws Cir, Tuscaloosa, AL 35401-3790

11 Brk Mdws Cir, Tuscaloosa, AL 35401-3790

7 Brk Mdws Cir, Tuscaloosa, AL 35401-3790

26 Brk Mdws Cir, Tuscaloosa, AL 35401-3790

47 Sahama Vlg, Tuscaloosa, AL 35401-7523

2030 9th St, Tuscaloosa, AL 35401-2305

1926 48th E St, Tuscaloosa, AL 35405-1528

446 29th Pl, Tuscaloosa, AL 35401-6500

3827 Sheffield Ct, Tuscaloosa, AL 35405-5478

407 Grace St, Tuscaloosa, AL 35401-1673

23 Brk Mdws Cir, Tuscaloosa, AL 35401-3790

1914 48th E St, Tuscaloosa, AL 35405-1535

1004 Riverside Dr, Tuscaloosa, AL 35401-1192

25 Brk Mdws Cir, Tuscaloosa, AL 35401-3790

3 Brk Mdws Cir, Tuscaloosa, AL 35401-3790

621 33rd E St, Tuscaloosa, AL 35405-2396

324 23rd St, Tuscaloosa, AL 35401-5903

Tuscaloosa, AL Apartment Buildings Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Residential Income

Property Size Breakdown

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