2809 19TH Street Tuscaloosa, AL 35401
2809 19TH Street, Tuscaloosa, AL, 35401
$194,900
For Sale
$194,900
Duplexes
Property Size1,800 SF
Price / SF$108.28
Days on Market80
Property Features for 2809 19TH Street
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1997
Listing Agency
MICHAEL JACOBSON REAL EST
(205) 394-0451
Listed by
Michael Jacobson
(205) 394-0451
Source
Exitrealty
Added: Apr 30 Checked: Jul 17 at 4:14 am
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
Investment Insights
Based on property information with market context.
Key Highlights
- Year built 1997
- One unit is vacant and may be shown anytime
- Second unit is tenant‑occupied and has been there for many years
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 | $24.8k | $13.80 |
| − Vacancy | −$1.6k | −$0.90 |
| EGI | $23.2k | $12.90 |
| − OpEx | −$7.0k | −$3.87 |
| NOI | $16.3k | $9.03 |
1,800 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$232.3K
$203.2K – $271.0K
NOI $16,258 @ 7.0% cap · market cap 8.34%
Second Best
Apartment 5plus
$208.5K
$182.5K – $243.3K
NOI $14,598 @ 7.0% cap · market cap 7.49%
Theoretical Best
Office A
$432.6K
$378.5K – $504.7K
NOI $30,279 @ 7.0% cap · market cap 15.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
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 $194,900.
What are key features of this property?
This property features: Year built 1997; One unit is vacant and may be shown anytime; Second unit is tenant‑occupied and has been there for many years
