Income Duplex with Adjacent
For Sale
$219,900
3105 HOOD Street, Tuscaloosa, AL 35404
DUPLEX - Other - Tuscaloosa, AL
Property Size1,696 SF
Lot Size0.50 Acres
Price / SF$129.66
Days on Market128
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 5, Bedroom 4, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 3
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
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
(205) 969-8910
Listed By:
Jason Patton · License #116405
(205) 394-4898
Added: Mar 27
Changed: Jul 31
Last Checked: Aug 1 at 7:06PM
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.
Investment Insights
Based on property information with market context.
This income-producing duplex includes two occupied units. Unit A has three bedrooms and two bathrooms, and Unit B has two bedrooms and one bathroom. The property is built to support income use, with tenants currently in place. An adjacent lot is included as part of the sale, which can provide space to add a third income-producing structure.
The duplex is sited on a 0.5-acre lot with a total property size of 1,696 square feet. Construction includes vinyl siding and a metal roof, with public water service and an electric water heater. Exterior access includes a gravel driveway.
Tenants are in place and will not be disturbed prior to an executed contract. Showings are available after mutual acceptance.
The duplex is sited on a 0.5-acre lot with a total property size of 1,696 square feet. Construction includes vinyl siding and a metal roof, with public water service and an electric water heater. Exterior access includes a gravel driveway.
Tenants are in place and will not be disturbed prior to an executed contract. Showings are available after mutual acceptance.
Key Highlights
- Adjacent lot included, offering space to add a third income‑producing structure
- Two occupied units: Unit A 3 bed/2 bath, Unit B 2 bed/1 bath
- 0.5‑acre lot with 1,696 square feet
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 | $23.4k | $13.80 |
| − Vacancy | −$1.5k | −$0.90 |
| EGI | $21.9k | $12.90 |
| − OpEx | −$6.6k | −$3.87 |
| NOI | $15.3k | $9.03 |
1,696 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$218.8K
$191.5K – $255.3K
NOI $15,318 @ 7.0% cap · market cap 6.97%
Second Best
Apartment 5plus
$196.5K
$171.9K – $229.2K
NOI $13,754 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$407.6K
$356.6K – $475.5K
NOI $28,529 @ 7.0% cap · market cap 12.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
201
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex with two occupied units—Unit A is 3 bed/2 bath and Unit B is 2 bed/1 bath.
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: Adjacent lot included, offering space to add a third income‑producing structure; Two occupied units: Unit A 3 bed/2 bath, Unit B 2 bed/1 bath; 0.5‑acre lot with 1,696 square feet
