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Multifamily Portfolio Near Campus
For Sale
$1,900,000

2741 Sumner Place, Tuscaloosa, AL 35401

Residential, Tuscaloosa, AL

Property Size1,792 SF
Lot Size0.25 Acres
Price / SF$1,060
Days on Market477

Property Features for 2741 Sumner Place

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 4
Parking features Driveway
Interior features BreakfastBar, KitchenIsland
Exterior features RainGutters
Fireplace 1
Appliances WaterHeater
Subdivision Sumner Place
Elementary school University Place
Middle school University Place
High school Central
Directions From 15th St, turn onto Hackberry Ln, then right on 10th Ave. Turn left onto 27th St, which curves into Sumner Pl. 2741 Sumner Place will be on your right.
Standard status Active
APN 31-07-25-3-011-039.008
Size 1,792 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Description Lot 16 Sumner Place Phase II
Legal Description Lot 16 Sumner Place Phase II

Utilities

Water source Public

Building Details

Year built 1996
Floors in Building 2
Building materials VinylSiding
Roof type Shingle, Composition
Architectural style Other
Listing Agency: Keller Williams Hoover · Keller Williams Realty
Listed By: Abby Pate
Added: May 28, 2025 Changed: Sep 13 Last Checked: Sep 16 at 4:06AM
MLS# 168999

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.

This multifamily offering comprises 10 residential properties, including three four-bedroom homes and seven three-bedroom homes. The properties are situated along the same street, creating a concentrated portfolio for ownership and oversight. Individual property records include features such as breakfast bars, kitchen islands, fireplaces, driveways, vinyl siding, and composition shingle roofs.

The portfolio is located 0.08 miles from the University of Alabama in Tuscaloosa. All properties are tenant occupied through July 2026, providing an established occupancy timeline for the offering. Public water serves the property records, and one listed residence was built in 1996 and measures 1,792 square feet on a 0.25-acre lot.

Key Highlights

  • 10‑property multifamily portfolio near the University of Alabama
  • Mix includes 3 four‑bedroom homes and 7 three‑bedroom homes
  • Properties are located on the same street

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Garden Center Daycare Center Parking Lot & Garage Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

32
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Ten residential properties offer a mix of three- and four-bedroom homes with occupancy extending through July 2026.
Where is this multifamily property located?
The property is located at 2741 Sumner Place Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 10‑property multifamily portfolio near the University of Alabama; Mix includes 3 four‑bedroom homes and 7 three‑bedroom homes; Properties are located on the same street
More about this property
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