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Two-Unit Duplex with Adjacent Lot

3105 HOOD Street, Tuscaloosa, AL 35404

For Sale
$219,900

Residential, Tuscaloosa, AL

Property Size1,696 SF
Lot Size0.50 Acres
Price / SF$129.66
Days on Market230

Property Features for 3105 HOOD Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 2
Parking features Driveway
Exterior features GravelDriveway
Appliances ElectricWaterHeater
Subdivision Metes & Bounds
Elementary school Arcadia
Middle school Eastwood
High school Bryant
Directions Loop Rd to Hood ST, property at the end of the road, no sign.
Standard status Active
APN 30-09-29-4-002-038.000
Size 1,696 SF
Lot size 0.50 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description Beg Inter E. Line Hood St & S. Line Pelham Loop Rd, Th. S, 495' (S) To P.O.B., S. 110', E. 145', N. 110', W. 145' To Pob.
Legal Description Beg Inter E. Line Hood St & S. Line Pelham Loop Rd, Th. S, 495' (S) To P.O.B., S. 110', E. 145', N. 110', W. 145' To Pob.

Utilities

Water source Public

Building Details

Year built 1940
Floors in Building 2
Building materials VinylSiding
Roof type Metal
Architectural style Other
Listing Agency: ARC REALTY
Listed By: Jason Patton · License AL #116405
Added: Mar 27 Changed: Oct 31 Last Checked: Nov 11 at 1:06PM
MLS# 174257

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.

Rey
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Investment Insights

Based on property information with market context.

This 1,696-square-foot duplex, built in 1940, contains two occupied residences with distinct layouts. Unit A includes 3 bedrooms and 2 bathrooms, while Unit B offers 2 bedrooms and 1 bathroom. The property has vinyl siding, a metal roof, an electric water heater, and public water service. Gravel driveway parking serves the building.

The sale also includes an adjacent 0.5-acre lot. Existing property features and the additional land create a combined offering with both an operating duplex and a separate parcel for future planning, subject to applicable requirements and approvals.

Key Highlights

  • Two occupied duplex units included
  • Unit A: 3 bedrooms and 2 bathrooms
  • Unit B: 2 bedrooms and 1 bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,318
Cap Rate
6.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,360 $306.4K
Cap Rate 7%
$218,829 $218.8K
Cap Rate 9%
$170,200 $170.2K
Market Conditions
NOI Build-Up for 1,696 SF
Gross rent
$23.4K $13.80/SF
− Vacancy
−$1.5K −$0.90/SF
EGI
$21.9K $12.90/SF
− OpEx
−$6.6K −$3.87/SF
NOI
$15.3K $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%
$306,360
Cap Rate 7%
$218,829
Cap Rate 9%
$170,200

Alternative Uses

Best Use
Multifamily LT 5
$218.8K
$191.5K – $255.3K (±1% cap)
NOI $15,318 @ 7.0% cap · market cap 6.97%
Second Best
Apartment 5plus
$196.5K
$171.9K – $229.2K (±1% cap)
NOI $13,754 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$407.6K
$356.6K – $475.5K (±1% cap)
NOI $28,529 @ 7.0% cap · market cap 12.97%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

201
Businesses Nearby

Demographics for 35404, AL

20,982
Population
11,427
Households
1.8
Avg Household Size
30
Median Age
27%
College-Educated
89%
High-School Grad
16.6 sq mi
ZIP Area
1,264
Density / Sq Mi
$45,521
Median Household Income
$25,035
Median Earnings
$986
Median Rent
$175,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Tuscaloosa County, AL

$167 Jul
$171 Aug
$151 Sep
$209 Oct

Properties on Market for Duplexes in Tuscaloosa County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two occupied residences provide an established rental configuration with separate bedroom and bathroom layouts.
Where is this duplex located?
The property is located at 3105 HOOD Street Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Two occupied duplex units included; Unit A: 3 bedrooms and 2 bathrooms; Unit B: 2 bedrooms and 1 bathroom
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