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    1216 14Th Ave Tuscaloosa, AL 35401

    Sponsored
    For Sale
    $5,400,000

    MULTI_FAMILY - Tuscaloosa, AL

    Property size:
    16,698 SF
    Lot size:
    0.96 Acres
    Days on Market:
    42
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 1216 14Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    31-06-23-3-013-001.000
    Size
    16,698 SF
    Lot size
    0.96 Acres

    Keller Williams Hoover (205) 822-2272

    Listing agent Abby Pate (205) 822-2272

    Listing date Nov 25, 2025

    MLS# 168965 Listing URL

    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. The units have updated kitchens and bathrooms, in-unit laundry, and tile flooring throughout. The property, with a size of 16698 square feet on a 0.96-acre lot, 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 is positioned in a high-demand rental corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    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
    -87.555659
    Latitude
    33.203288

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    FAQs

    What type of property is this?
    Apartment building - 27-bedroom, 31-bathroom multi-unit property near The University of Alabama.
    Where is this apartment building 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 cash flow.; - Prime location in the heart of Tuscaloosa, steps from The University of Alabama.; - Exceptional income-producing multi-unit investment property with 27 bedrooms and 31 bathrooms.
    (205) 822-2272
    Request Owner's contact information
    1216 14Th Ave 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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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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