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    407 30Th Pl Tuscaloosa, AL 35401

    For Sale
    $399,000

    MULTI_FAMILY - Tuscaloosa, AL

    Type:Apartment
    Property size:
    3,465 SF
    Lot size:
    0.44 Acres
    Days on Market:
    67
    Last Refresh:
    Dec 14 at 6:06 pm

    Property Features for 407 30Th Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    APN
    633107362003011.000
    Size
    3,465 SF
    Lot size
    0.44 Acres

    Building Details

    Year built
    1970
    Roof type
    Shingle, Composition

    Osborne, Inc (912) 489-4529

    Listing agent Cindy Osborne (912) 489-4529

    Listing date Oct 9, 2025

    MLS# 171247 Listing URL

    Overview

    Tuscaloosa Multifamily Investment Opportunity

    This multifamily property features seven units, each with one bedroom and one bathroom. Six of the seven units are currently leased. Three units have been updated and rent for $700 per month. The remaining four units have not been updated. Rent rolls are available upon request. The property is located near downtown Tuscaloosa, just off Greensboro Avenue. The units are currently professionally managed. The lot size is 0.44 acres, and the property size is 3,465 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Tuscaloosa
    County
    Tuscaloosa
    State
    Alabama
    Longitude
    -87.5406941
    Latitude
    33.1833128

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    FAQs

    What type of property is this?
    Apartment building - Seven-unit multifamily property near downtown Tuscaloosa, Alabama.
    Where is this apartment building located?
    The property is located at 407 30Th Pl Tuscaloosa, AL.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - High occupancy rate: 6 of 7 units are currently leased, providing immediate income.; - Prime location: Conveniently located near downtown Tuscaloosa, off Greensboro Avenue.; - Income potential: Opportunity to increase revenue by updating the remaining 4 units.
    (912) 489-4529
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    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
    407 30Th Pl Tuscaloosa, AL 35401
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