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    1216 14Th Ave Tuscaloosa, AL 35401

    For Sale
    $5,400,000

    Triplex - TUSCALOOSA, AL

    Type:Triplex
    Days on Market:
    54
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for 1216 14Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    4

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2013
    Number of units
    3
    Architectural style
    Other

    Keller Williams Realty - Hoover (205) 822-2272 [email protected]

    Listing agent Abby Pate (205) 822-2272

    Listing date Oct 22, 2025

    MLS# 21420064 Listing URL

    Copyright © 2025 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.

    Overview

    Tuscaloosa Multi-Unit Investment Property

    This multi-unit investment property is located in Tuscaloosa, Alabama, near The University of Alabama. The property features 27 bedrooms and 31 bathrooms. It includes 30 dedicated parking spaces, updated kitchens, private bathrooms, and in-unit laundry. Tile flooring is installed throughout the building. The property is currently 100% occupied and fully leased through July 2026, providing immediate cash flow. It is located within walking distance of Bryant-Denny Stadium, restaurants, and campus amenities. This income-producing asset offers long-term upside in a high-demand rental corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Law Firm Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Tuscaloosa
    County
    Tuscaloosa
    State
    Alabama
    Longitude
    -87.555353
    Latitude
    33.203422

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    FAQs

    What type of property is this?
    Triplex - 27-bedroom, 31-bathroom multi-unit property near The University of Alabama.
    Where is this triplex located?
    The property is located at 1216 14Th Ave Tuscaloosa, AL.
    What is the asking price?
    The asking price for this property is $5,400,000.
    What are key features of this property?
    This property features: - Fully leased through July 2026, providing immediate and stable cash flow.; - Exceptional 27-bedroom, 31-bathroom multi-unit investment property.; - Located steps from The University of Alabama in a high-demand rental corridor.
    (205) 822-2272
    Request Owner's contact information
    1216 14Th Ave Tuscaloosa, AL 35401
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    Tuscaloosa, AL 35401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1216 14Th Ave Tuscaloosa, AL 35401
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