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Multi-Family Property Portfolio
For Sale
$1,900,000

2741 SUMNER PLACE, Tuscaloosa, AL 35401

MULTIFAMILY, TUSCALOOSA, AL

Property SizeContact for details
Days on Market286

Property Features for 2741 SUMNER PLACE

General Information

Property type Residential Multi Family
Property subtype Other
Parking features On Street
Subdivision 15th & BRYANT
Elementary school CENTRAL
Middle school UNIVERSITY PLACE
High school CENTRAL
Directions From 15th St, turn onto Hackberry Ln, then right on 10th Ave. Turn left onto 27th St, which curves into Sumner Pl. 2741 Sumner Place will be on your right.
Standard status Active
APN 31-07-25-3-011-039.008

Taxes and HOA fees

Tax Description Lot 16 Sumner Place Phase II
Legal Description Lot 16 Sumner Place Phase II

Utilities

Heating system Electric (Heating)
Cooling system Electric
Water source Public

Building Details

Year built 1997
Number of units 1
Flooring type Vinyl, Tile
Building materials Siding
Listing Agency: Keller Williams Realty Hoover
Listed By: Abby Pate
Added: Nov 21, 2025 Changed: Sep 2 Last Checked: Sep 3 at 4:06PM
MLS# 21437402

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This offering presents a 10-property residential portfolio for sale at 2741 Sumner Place. The package includes three spacious 4-bedroom homes and seven well-maintained 3-bedroom homes. All properties are on the same street, supporting straightforward, centralized management across the lineup. The current leases are in place through July 2025.

The full portfolio is located just 0.08 miles from the University of Alabama, placing the homes in close proximity to campus.

For buyers looking for a multi-unit residential acquisition, this structure offers a mix of 3- and 4-bedroom floorplans within one contiguous street arrangement. With leases scheduled through July 2025, the portfolio is positioned for an owner who prefers to acquire a property group that is already under contract and operating rather than starting from vacancy.

Key Highlights

  • 10‑property rental portfolio just 0.08 miles from the University of Alabama
  • Unit mix includes three 4‑bedroom homes and seven 3‑bedroom homes
  • All properties are on the same street for simplified management

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Real Estate Agency Law Firm Daycare Center Garden Center Parking Lot & Garage Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

378
Businesses Nearby

Demographics for 35401, AL

41,852
Population
19,517
Households
2.1
Avg Household Size
26
Median Age
27%
College-Educated
85%
High-School Grad
40.1 sq mi
ZIP Area
1,044
Density / Sq Mi
$30,031
Median Household Income
$13,041
Median Earnings
$911
Median Rent
$141,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Ten residential units in a single street lineup, including 3 four-bedroom homes, offered for sale with leases in place through July 2025.
Where is this multifamily property located?
The property is located at 2741 SUMNER PLACE Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 10‑property rental portfolio just 0.08 miles from the University of Alabama; Unit mix includes three 4‑bedroom homes and seven 3‑bedroom homes; All properties are on the same street for simplified management
More about this property
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