Tuscaloosa Duplex with Extra
3105 HOOD Street Tuscaloosa, AL 35404
3105 HOOD Street, Tuscaloosa, AL, 35404
$219,900
For Sale
$219,900
DUPLEX - Other - Tuscaloosa, AL
Property Size1,696 SF
Lot Size0.50 Acres
Price / SF$129.66
Days on Market115
Property Features for 3105 HOOD Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
- Parking features
- Driveway
- Exterior features
- GravelDriveway
- Appliances
- ElectricWaterHeater
- Standard status
- Active
- APN
- 30-09-29-4-002-038.000
- Size
- 1,696 SF
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Description
- Beg Inter E. Line Hood St & S. Line Pelham Loop Rd, Th. S, 495' (S) To P.O.B., S. 110', E. 145', N. 110', W. 145' To Pob.
Utilities
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 2
- Building materials
- VinylSiding
- Roof type
- Metal
- Architectural style
- Other
Listing Agency
ARC REALTY
(205) 969-8910
5291 Valleydale Road, Birmingham, AL
Listed by
Jason Patton · License #116405
(205) 394-4898
Added: Mar 27 Checked: Jul 19 at 3:06 pm
MLS# 174257
Listing URL
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Investment Insights
Based on property information with market context.
This income-producing duplex in Tuscaloosa features two occupied units, generating a gross monthly rent of $1,975. Unit A includes 3 bedrooms and 2 bathrooms, while Unit B offers 2 bedrooms and 1 bathroom. The property size is 1696 square feet and it sits on a 0.5-acre lot. The sale includes an adjacent lot, presenting the opportunity to add a third income-producing structure, which could significantly increase cash flow potential. This property is located in Tuscaloosa, Alabama, with a postal code of 35404. It is suitable as a buy-and-hold or build-and-hold investment.
Key Highlights
- Income‑producing duplex with two occupied units generating $1,975/month in gross rent
- Unit A: 3‑bedroom, 2‑bath; Unit B: 2‑bedroom, 1‑bath
- Sale includes the adjacent lot, with potential to add a third income‑producing structure
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 | $23.4k | $13.80 |
| − Vacancy | −$1.5k | −$0.90 |
| EGI | $21.9k | $12.90 |
| − OpEx | −$6.6k | −$3.87 |
| NOI | $15.3k | $9.03 |
1,696 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$218.8K
$191.5K – $255.3K
NOI $15,318 @ 7.0% cap · market cap 6.97%
Second Best
Apartment 5plus
$196.5K
$171.9K – $229.2K
NOI $13,754 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$407.6K
$356.6K – $475.5K
NOI $28,529 @ 7.0% cap · market cap 12.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Income-producing duplex with potential for additional development.
Where is this duplex located?
The property is located at 3105 HOOD Street Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Income‑producing duplex with two occupied units generating $1,975/month in gross rent; Unit A: 3‑bedroom, 2‑bath; Unit B: 2‑bedroom, 1‑bath; Sale includes the adjacent lot, with potential to add a third income‑producing structure