Duplex with Fenced
2809 19TH Street, Tuscaloosa, AL 35401
For Sale
$179,900
One residence is vacant with updated interior finishes, while the second remains occupied by a long-term tenant.
Property Size1,800 SF
Price / SF$99.94
Days on Market202
Property Features for 2809 19TH Street
General Information
Standard status
Size
Property subtype
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
fenced back yard
parking
Building Details
Building Size
Year Built
Listing Agency:
MICHAEL JACOBSON REAL EST
Listed By:
Michael Jacobson
(205) 394-0451
Source:
Rightspacecre
Added: Apr 22
Changed: Nov 7
Last Checked: Nov 8 at 10:40AM
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 MICHAEL JACOBSON REAL EST
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Investment Insights
Based on property information with market context.
This 1,800-square-foot duplex, built in 1997, has two separate residences. One unit is vacant and features fresh paint and new flooring; the other is occupied by a tenant who has remained for many years.
The property includes a fenced backyard and parking in front of the units.
The property includes a fenced backyard and parking in front of the units.
Key Highlights
- 1,800‑square‑foot duplex built in 1997
- Vacant unit has fresh paint and new flooring
- Second unit occupied by a long‑term tenant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,258
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,160
$325.2K
Cap Rate 7%
$232,257
$232.3K
Cap Rate 9%
$180,644
$180.6K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$24.8K $13.80/SF
− Vacancy
−$1.6K −$0.90/SF
EGI
$23.2K $12.90/SF
− OpEx
−$7.0K −$3.87/SF
NOI
$16.3K $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%
$325,160
Cap Rate 7%
$232,257
Cap Rate 9%
$180,644
Alternative Uses
Best Use
Multifamily LT 5
$232.3K
$203.2K – $271.0K
NOI $16,258 @ 7.0% cap · market cap 9.04%
Second Best
Apartment 5plus
$208.5K
$182.5K – $243.3K
NOI $14,598 @ 7.0% cap · market cap 8.11%
Theoretical Best
Office A
$432.6K
$378.5K – $504.7K
NOI $30,279 @ 7.0% cap · market cap 16.83%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
644
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
$141,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - One residence is vacant with updated interior finishes, while the second remains occupied by a long-term tenant.
Where is this duplex located?
The property is located at 2809 19TH Street Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: 1,800‑square‑foot duplex built in 1997; Vacant unit has fresh paint and new flooring; Second unit occupied by a long‑term tenant
