439 29th Place, Tuscaloosa, AL 35401
DUPLEX - Other - Tuscaloosa, AL
- Added:
- Jun 15, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 15 at 5:06 pm
Property Features for 439 29th Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 3, Bathroom 2, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 4
- Parking features
- Driveway
- Interior features
- BreakfastArea
- Appliances
- ElectricWaterHeater, WaterHeater
- Standard status
- Active
- APN
- 31-07-36-2-002-003.000
- Size
- 1,800 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Description
- Lot 42 In University Manor Subd
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1973
- Floors in Building
- 2
- Building materials
- Brick
- Roof type
- Shingle, Composition
- Architectural style
- Other
Listing agent Latonya Bobo (205) 317-6732
Listing office RE101-Real Estate 1470 Northbank Pkwy Ste 173, Tuscaloosa, AL (205) 469-6084
Listing date Jun 15, 2026
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.
HighLights
- Two‑unit duplex built in 1973, with each unit offering 2 bedrooms and 1.5 bathrooms
- Two‑story unit layout with living area, kitchen, laundry room, and half bath on the main level
- Both bedrooms and a full bath are located upstairs in each unit
- Central heating and central air; brick construction; shingle/composition roof
- Public water service; electric water heater
- Tenant‑occupied with leases in place through 2027; property sold subject to existing leases
Overview
The property is located at 439 29th Place in Tuscaloosa, AL 35401, in the Tuscaloosa area near downtown Tuscaloosa and Greensboro Avenue. The location is positioned for convenient access to shopping, dining, entertainment, and major roadways.
For investors or owner-operators, the key consideration is that the sale is subject to existing leases. The units are currently tenant-occupied, with leases in place through 2027, providing established rental income under the terms of those agreements. Additional lease information is available upon request, and showings can be scheduled accordingly.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tuscaloosa
- County
- Tuscaloosa
- State
- Alabama
- Longitude
- -87.542063
- Latitude
- 33.183358
