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5-Unit Apartment Building with New Roof
For Sale
$300,000

304 W 3rd St, Tuscumbia, AL 35674

MULTI_FAMILY - Tuscumbia, AL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market135

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 12 Last Checked: Aug 29 at 4:06PM
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 in Tuscumbia was constructed in 1930 and occupies a 0.17-acre lot. The unit mix includes one 3/1 apartment, two 2/1 apartments, and two 1/1 apartments. A new roof was installed in 2025, and the property includes one unit with HVAC while the remaining four units use window units.

Located at 304 W 3rd St, the property is served by public sewer. Tenants pay all utilities, providing a clearly defined utility arrangement across the building. The property is identified within R1 zoning.

Key Highlights

  • 5‑unit apartment building on a 0.17‑acre lot
  • New roof installed in 2025
  • Unit mix includes one 3/1, two 2/1, and two 1/1 units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Auto Repair Shop (Bike/Boat/Book/etc) Store Big Box & Wholesale 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

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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - R1-zoned property with public sewer and tenant-paid utilities.
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: 5‑unit apartment building on a 0.17‑acre lot; New roof installed in 2025; Unit mix includes one 3/1, two 2/1, and two 1/1 units
More about this property
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