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Tuscaloosa Duplex with Extra Lot

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
5291 Valleydale Road, Birmingham, AL
Listed by Jason Patton · License #116405
Added: Mar 27 Checked: Jul 19 at 3:06 pm
MLS# 174257 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 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 (±1% cap)
NOI $15,318 @ 7.0% cap · market cap 6.97%
Second Best
Apartment 5plus
$196.5K
$171.9K – $229.2K (±1% cap)
NOI $13,754 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$407.6K
$356.6K – $475.5K (±1% cap)
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

Suggested Use

Real Estate Agency Restaurant Law Firm Hair Salon Building Supply Nail Salon Spa & Massage Center Parking Lot & Garage Big Box & Wholesale Store HVAC Service

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

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
Contact an agent
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