4010 16th Street NE, Tuscaloosa, AL 35404
- Added:
- Apr 17, 2026
- Days on Market:
- 53
- Last Refresh:
- Jun 8 at 11:06 am
Property Features for 4010 16th Street NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 2, Bedroom 3, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 5, Bathroom 3, Bedroom 4
- Parking features
- Driveway, Carport, Garage
- Window features
- Blinds
- Interior features
- BreakfastArea, CeilingFans, Pantry, SunRoom
- Exterior features
- RainGutters
- Fireplace
- 1
- Appliances
- Dishwasher, ElectricOven, ElectricRange, MultipleWaterHeaters, Microwave, Refrigerator
- Standard status
- Pending
- APN
- 30-02-09-2-026-003.000
- Size
- 2,590 SF
- Lot size
- 0.63 Acres
Taxes and HOA fees
- Tax Description
- Lot 116, 117, 118 In Holt Realty Company Subd Sector 7
Building Details
- Year built
- 1963
- Floors in Building
- 1
- Roof type
- Metal
- Architectural style
- Other
Listing agent Loren Elmore Thomley (205) 361-6459
Listing office Keller Williams Tuscaloosa 1490 Northbank Pkwy, Tuscaloosa, AL (205) 759-3400
Listing date Apr 17, 2026
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.
HighLights
- Property built in 1963 with three dwelling spaces: two duplex units plus a main home
- Duplex #1: 2BR/1BA (~550 SF) with full kitchen and double‑pane windows; rented for $1,000/month
- Duplex #2: 1BR/1BA (~350–400 SF) with kitchen setup; rented for $600/month
- Main house offers 3BR/2BA with a sunroom, pantry, solid pine cabinets, and large laundry room
- Recent updates include new plumbing in the crawlspace and updated double‑pane windows
- Includes two outbuildings (12x20 and 10x20) plus metal roof and multiple parking options (driveway, carport, garage)
Overview
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 | $35.7k | $13.80 |
| − Vacancy | −$2.3k | −$0.90 |
| EGI | $33.4k | $12.90 |
| − OpEx | −$10.0k | −$3.87 |
| NOI | $23.4k | $9.03 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tuscaloosa
- County
- Tuscaloosa
- State
- Alabama
- Longitude
- -87.484339
- Latitude
- 33.233469
