Brick Residential Income
For Sale
$599,000
4520 Derby Downs Circle, Tuscaloosa, AL 35406
MULTI_FAMILY - Tuscaloosa, AL
Property Size2,864 SF
Lot Size1.24 Acres
Price / SF$209.15
Days on Market55
Property Features for 4520 Derby Downs Circle
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2
Parking features
Driveway, Open
Vegetation
Wooded
Interior features
BreakfastArea, CeilingFans, GraniteCounters, SolidSurfaceCounters
Exterior features
SprinklerIrrigation
Fireplace
1
Appliances
ConvectionOven, GasOven, GasRange, TanklessWaterHeater, WaterHeater
Subdivision
Lexington Downs
Lot features
Trees
Elementary school
Rock Quarry
Middle school
Northridge
High school
Northridge
Directions
Use GPS - From Mcwrights Ferry Expansion (Mcwrights Ferry Road) turn right into Lexington Downs - turn right on Churchill then immediate left onto Derby Downs Circle - Home back of cul-de-sac.
Standard status
Active
APN
21-08-33-4-001-002.072
Size
2,864 SF
Lot size
1.24 Acres
Taxes and HOA fees
Tax Description
Lot 254 Lexington Downs Section 5
Tax Annual Amount
2701
HOA Fee
$175 Annually
Legal Description
Lot 254 Lexington Downs Section 5
Utilities
Heating system
Natural Gas
Cooling system
Electric
Building Details
Year built
2023
Floors in Building
2
Flooring type
Hardwood
Building materials
Brick
Roof type
Composition, Shingle
Additional Structures
Greenhouse
Listing Agency:
Advantage Realty Group
(205) 345-0116
Listed By:
Stacy Barnes
(205) 534-9656
Added: Jun 6
Changed: Jul 30
Last Checked: Jul 30 at 5:06PM
MLS# 175676
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.
Set on 1.24 wooded acres, this 3-year-old brick home features an open-concept layout with 4 bedrooms, 3 baths, and a bonus room. Interior details include premium Cafe line appliances, walk-in attic spaces, spray foam insulation, and (2) in-home safes. The property also includes a two-car garage, irrigation sprinkler system, and a fenced backyard.
Located on a quiet cul-de-sac in Lexington Downs in Tuscaloosa, the outdoor setting is designed for private enjoyment. Beyond the home, the backyard includes a 12x16 she-shed greenhouse with cedar shake shingles and an air-conditioned he-shed/man cave workshop.
Additional conveniences include a Generac generator to help ensure the home remains powered during outages.
Located on a quiet cul-de-sac in Lexington Downs in Tuscaloosa, the outdoor setting is designed for private enjoyment. Beyond the home, the backyard includes a 12x16 she-shed greenhouse with cedar shake shingles and an air-conditioned he-shed/man cave workshop.
Additional conveniences include a Generac generator to help ensure the home remains powered during outages.
Key Highlights
- Built in 2023 brick home on 1.24 wooded acres in a quiet cul‑de‑sac
- 4 bedrooms and 3 bathrooms plus a bonus room
- Kitchen features granite counters and solid surface counters with convection and gas range/oven appliances
Financial Insights For Apartment 5plus
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 | $45.0k | $15.72 |
| − Vacancy | −$2.8k | −$0.97 |
| EGI | $42.2k | $14.75 |
| − OpEx | −$19.0k | −$6.64 |
| NOI | $23.2k | $8.11 |
2,864 SF · lease $15.72/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$331.8K
$290.3K – $387.1K
NOI $23,227 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$688.2K
$602.2K – $803.0K
NOI $48,177 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
Explore this area
Business Placement
Demographics for 35406, AL
16,664
Population
8,291
Households
2
Avg Household Size
40
Median Age
68%
College-Educated
97%
High-School Grad
80.9 sq mi
ZIP Area
206
Density / Sq Mi
$118,736
Median Household Income
$68,810
Median Earnings
$1,352
Median Rent
$467,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - 3-year-old brick residence on 1.24 wooded acres with fenced backyard and two-car garage.
Where is this single family property located?
The property is located at 4520 Derby Downs Circle Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Built in 2023 brick home on 1.24 wooded acres in a quiet cul‑de‑sac; 4 bedrooms and 3 bathrooms plus a bonus room; Kitchen features granite counters and solid surface counters with convection and gas range/oven appliances
