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5-Unit Apartment Building
For Sale
$300,000

304 W 3rd St, Tuscumbia, AL 35674

MultiFamily, Tuscumbia, AL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market164

Property Features for 304 W 3rd St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R1
Elementary school City
Middle school City
High school City
Directions Driving S on Main St, Right onto 3rd St, 3 blocks down on right.
Subdivision Colbert
Standard status Active
APN 1303054001042000
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description E 55' LOT 179 TUSCUMBIA 55 X 132 /DB 2025 PG 26700 DB 2020 PG 7045-7048
Tax Annual Amount 925
Legal Description E 55' LOT 179 TUSCUMBIA 55 X 132 /DB 2025 PG 26700 DB 2020 PG 7045-7048

Utilities

Sewer type Public Sewer

Building Details

Year built 1930
Listing Agency: EXIT River City Realty · EXIT Realty
Listed By: Ben Wright
Added: Apr 17 Changed: Aug 31 Last Checked: Sep 27 at 11:06AM
MLS# 528362

Copyright © 2026 Strategic MLS Alliance, INC. 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 5-unit apartment building was constructed in 1930 and occupies a 0.17-acre parcel. The unit mix includes one 3-bedroom, 1-bath apartment; two 2-bedroom, 1-bath apartments; and two 1-bedroom, 1-bath apartments. One unit is equipped with HVAC, while the remaining four use window units.

A new roof was installed in 2025. The property is served by public sewer and carries R1 zoning. Located at 304 W 3rd St in Tuscumbia, Alabama, the building offers an established multifamily configuration with varied unit sizes.

Key Highlights

  • Five‑unit apartment building on a 0.17‑acre parcel
  • Unit mix: one 3/1, two 2/1, and two 1/1 apartments
  • New roof installed in 2025

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Kitchen & Bath Showroom Dental Office Garden Center Electrical Service

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

384
Businesses Nearby

Demographics for 35674, AL

19,536
Population
8,945
Households
2.2
Avg Household Size
43
Median Age
23%
College-Educated
87%
High-School Grad
174.1 sq mi
ZIP Area
112
Density / Sq Mi
$56,960
Median Household Income
$39,288
Median Earnings
$768
Median Rent
$176,700
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - R1-zoned apartment property with public sewer and a roof installed in 2025.
Where is this apartment building located?
The property is located at 304 W 3rd St Tuscumbia, AL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Five‑unit apartment building on a 0.17‑acre parcel; Unit mix: one 3/1, two 2/1, and two 1/1 apartments; New roof installed in 2025
More about this property
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