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Duplex with Front Porches and Decks

1021 Queen City Avenue Tuscaloosa, AL 35401

1021 Queen City Avenue, Tuscaloosa, AL, 35401
$999,900
Pending
For Sale
$999,900
Pending

MULTI_FAMILY - Tuscaloosa, AL

Property Size4,265 SF
Lot Size0.25 Acres
Days on Market8

Property Features for 1021 Queen City Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Interior features
CeilingFans
Exterior features
RainGutters
Standard status
Pending
APN
31-06-23-3-003-002.000
Size
4,265 SF
Lot size
0.25 Acres

Taxes and HOA fees

Tax Description
Beg Nw Cor Sw 1/4 S-23 T-21 R-10 S. 358' (S) To Pob. S. 100' Alg W. Sec Line, E. 117', N. 100', W. 117' (S) To Pob.
Tax Annual Amount
4466

Building Details

Year built
1850
Listing Agency Advantage Realty Group
1641 McFarland Blvd, N, Tuscaloosa, AL
Listed by Megan Wetzel
Added: Jul 9 Checked: Jul 16 at 8:06 pm
MLS# 176254 Listing URL

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


Investment Insights

Based on property information with market context.

This well-maintained duplex features two separate sides, each with four bedrooms and two full bathrooms. Both units include an expansive front porch and a back deck, creating dedicated outdoor space for everyday living. The property also offers a large backyard and ample parking for residents and guests.

Located at 1021 Queen City Avenue in Tuscaloosa, the duplex is described as being on the University of Alabama campus, aligning it with a campus-oriented lifestyle. The site sits on a 0.25-acre lot and totals 4,265 square feet in property size.

The layout supports a variety of residential income or multi-family uses, with two complete, similar floor plans in place. For buyers, the configuration offers straightforward duplex ownership with distinct unit separation and consistent bedroom-and-bathroom counts across both sides, which can simplify tenant matching and day-to-day property management.

Key Highlights

  • Duplex built in 1850 on the University of Alabama campus
  • Each side offers 4 bedrooms and 2 full bathrooms
  • Both units include their own front porch and back decks

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $58.9k $13.80
− Vacancy −$3.8k −$0.90
EGI $55.0k $12.90
− OpEx −$16.5k −$3.87
NOI $38.5k $9.03
4,265 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$550.3K
$481.5K – $642.0K (±1% cap)
NOI $38,522 @ 7.0% cap · market cap 3.85%
Second Best
Apartment 5plus
$494.1K
$432.4K – $576.5K (±1% cap)
NOI $34,589 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$1.02M
$896.8K – $1.20M (±1% cap)
NOI $71,744 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Pharmacy Locksmith Storage Facility Electrical Service (Bike/Boat/Book/etc) Store Fish Market Florist Nursing Home (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained duplex with two matching units, each offering four bedrooms and two full bathrooms.
Where is this duplex located?
The property is located at 1021 Queen City Avenue Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Duplex built in 1850 on the University of Alabama campus; Each side offers 4 bedrooms and 2 full bathrooms; Both units include their own front porch and back decks
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