Renovated
1703 28th Avenue, Tuscaloosa, AL 35401
For Sale
$210,000
Residential, Tuscaloosa, AL
Property Size1,320 SF
Lot Size0.19 Acres
Price / SF$159.09
Days on Market102
Property Features for 1703 28th Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Interior features
Fireplace
Appliances
Subdivision
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Building Details
Year built
Floors in Building
Building materials
Roof type
Architectural style
Listing Agency:
Keller Williams Tuscaloosa · Keller Williams Realty
(205) 759-3400
Listed By:
Arkintta Taylor
(334) 507-6101
Added: Jul 31
Changed: Nov 7
Last Checked: Nov 9 at 8:06AM
MLS# 176656
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.
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Investment Insights
Based on property information with market context.
This duplex at 1703 28th Avenue in Tuscaloosa offers 1,320 square feet on a 0.19-acre lot. The property was built in 1924 and has been renovated. Interior features include breakfast bars and kitchen islands, with an electric water heater serving the building. Wood siding, a composition shingle roof, a fireplace, and driveway parking are also present.
The property is located near the University of Alabama, downtown Tuscaloosa, and shopping destinations. Its layout includes two bedrooms and two bathrooms, supporting use as a residential income property with two separate units.
The property is located near the University of Alabama, downtown Tuscaloosa, and shopping destinations. Its layout includes two bedrooms and two bathrooms, supporting use as a residential income property with two separate units.
Key Highlights
- Duplex with 1,320 square feet on a 0.19‑acre lot
- Renovated property originally built in 1924
- Two bedrooms and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,922
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,440
$238.4K
Cap Rate 7%
$170,314
$170.3K
Cap Rate 9%
$132,467
$132.5K
Market Conditions
NOI Build-Up for 1,320 SF
Gross rent
$18.2K $13.80/SF
− Vacancy
−$1.2K −$0.90/SF
EGI
$17.0K $12.90/SF
− OpEx
−$5.1K −$3.87/SF
NOI
$11.9K $9.03/SF
Area
Tuscaloosa, AL
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,440
Cap Rate 7%
$170,314
Cap Rate 9%
$132,467
Alternative Uses
Best Use
Multifamily LT 5
$170.3K
$149.0K – $198.7K
NOI $11,922 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$152.9K
$133.8K – $178.4K
NOI $10,705 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$317.2K
$277.6K – $370.1K
NOI $22,205 @ 7.0% cap · market cap 10.57%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
874
Businesses Nearby
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Business Placement
Demographics for 35401, AL
41,852
Population
19,517
Households
2.1
Avg Household Size
26
Median Age
27%
College-Educated
85%
High-School Grad
40.1 sq mi
ZIP Area
1,044
Density / Sq Mi
$30,031
Median Household Income
$13,041
Median Earnings
$911
Median Rent
$141,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Tuscaloosa County, AL
Properties on Market for Duplexes in Tuscaloosa County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit Tuscaloosa property with driveway parking, kitchen islands, and wood siding.
Where is this duplex located?
The property is located at 1703 28th Avenue Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Duplex with 1,320 square feet on a 0.19‑acre lot; Renovated property originally built in 1924; Two bedrooms and two bathrooms
