4-Bed Duplex with Outdoor
1021 Queen City Avenue Tuscaloosa, AL 35401
New
1021 Queen City Avenue, Tuscaloosa, AL, 35401
$999,900
For Sale
$999,900
Well-maintained duplex with two units, each offering four bedrooms, two full baths, and private outdoor porches and decks.
Property Size4,265 SF
Price / SF$234.44
Days on Market7
Property Features for 1021 Queen City Avenue
General Information
- Standard status
- Active
- Size
- 4,265 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1850
Listing Agency
Advantage Realty Group
(205) 765-2409
Listed by
Megan Wetzel
(205) 765-2409
Source
Exitrealty
Added: Jul 10 Checked: Jul 15 at 9:12 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Advantage Realty Group
Investment Insights
Based on property information with market context.
This well-maintained duplex offers two separate sides, each laid out with four bedrooms and two full bathrooms. Both units include their own expansive front porch and back deck, providing dedicated outdoor space. The property also features a large backyard and ample parking to support day-to-day convenience.
The duplex is located at 1021 Queen City Avenue in Tuscaloosa, positioned for campus living near the University of Alabama campus, as described in the public remarks.
For buyers seeking a residential income property or a versatile multi-family configuration, the combination of two self-contained units and substantial outdoor areas is a practical setup for longer-term occupancy.
The duplex is located at 1021 Queen City Avenue in Tuscaloosa, positioned for campus living near the University of Alabama campus, as described in the public remarks.
For buyers seeking a residential income property or a versatile multi-family configuration, the combination of two self-contained units and substantial outdoor areas is a practical setup for longer-term occupancy.
Key Highlights
- Well‑maintained duplex built in 1850 on the University of Alabama campus
- Duplex has 2 units, with each side featuring 4 bedrooms and 2 full bathrooms
- Each unit includes a private expansive front porch and back deck
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 | $58.9k | $13.80 |
| − Vacancy | −$3.8k | −$0.90 |
| EGI | $55.0k | $12.90 |
| − OpEx | −$16.5k | −$3.87 |
| NOI | $38.5k | $9.03 |
4,265 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$550.3K
$481.5K – $642.0K
NOI $38,522 @ 7.0% cap · market cap 3.85%
Second Best
Apartment 5plus
$494.1K
$432.4K – $576.5K
NOI $34,589 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$1.02M
$896.8K – $1.20M
NOI $71,744 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained duplex with two units, each offering four bedrooms, two full baths, and private outdoor porches and decks.
Where is this duplex located?
The property is located at 1021 Queen City Avenue Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Well‑maintained duplex built in 1850 on the University of Alabama campus; Duplex has 2 units, with each side featuring 4 bedrooms and 2 full bathrooms; Each unit includes a private expansive front porch and back deck
