Brick Residential Income
4520 Derby Downs Circle Tuscaloosa, AL 35406
4520 Derby Downs Circle, Tuscaloosa, AL, 35406
$599,000
For Sale
$599,000
MULTI_FAMILY - Tuscaloosa, AL
Property Size2,864 SF
Lot Size1.24 Acres
Price / SF$209.15
Days on Market47
Property Features for 4520 Derby Downs Circle
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 2
- Parking features
- Driveway, Open
- Vegetation
- Wooded
- Interior features
- BreakfastArea, CeilingFans, GraniteCounters, SolidSurfaceCounters
- Exterior features
- SprinklerIrrigation
- Fireplace
- 1
- Appliances
- ConvectionOven, GasOven, GasRange, TanklessWaterHeater, WaterHeater
- Standard status
- Active
- APN
- 21-08-33-4-001-002.072
- Size
- 2,864 SF
- Lot size
- 1.24 Acres
Taxes and HOA fees
- Tax Description
- Lot 254 Lexington Downs Section 5
- Tax Annual Amount
- 2701
Utilities
- Heating system
- Natural Gas
- Cooling system
- Electric
Building Details
- Year built
- 2023
- Floors in Building
- 2
- Flooring type
- Hardwood
- Building materials
- Brick
- Roof type
- Composition, Shingle
- Additional Structures
- Greenhouse
Listing agency
Advantage Realty Group
(205) 345-0116
Listed by
Stacy Barnes
(205) 534-9656
Added: Jun 6 Updated: Jul 21 at 4:02AM Checked: Jul 22 at 4:06AM
MLS# 175676
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.
Set on 1.24 wooded acres, this 3-year-old brick home features an open-concept layout with 4 bedrooms, 3 baths, and a bonus room. Interior details include premium Cafe line appliances, walk-in attic spaces, spray foam insulation, and (2) in-home safes. The property also includes a two-car garage, irrigation sprinkler system, and a fenced backyard.
Located on a quiet cul-de-sac in Lexington Downs in Tuscaloosa, the outdoor setting is designed for private enjoyment. Beyond the home, the backyard includes a 12x16 she-shed greenhouse with cedar shake shingles and an air-conditioned he-shed/man cave workshop.
Additional conveniences include a Generac generator to help ensure the home remains powered during outages.
Located on a quiet cul-de-sac in Lexington Downs in Tuscaloosa, the outdoor setting is designed for private enjoyment. Beyond the home, the backyard includes a 12x16 she-shed greenhouse with cedar shake shingles and an air-conditioned he-shed/man cave workshop.
Additional conveniences include a Generac generator to help ensure the home remains powered during outages.
Key Highlights
- Built in 2023 brick home on 1.24 wooded acres in a quiet cul‑de‑sac
- 4 bedrooms and 3 bathrooms plus a bonus room
- Kitchen features granite counters and solid surface counters with convection and gas range/oven appliances
Local Financial Insights For Apartment 5plus
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 | $45.0k | $15.72 |
| − Vacancy | −$2.8k | −$0.97 |
| EGI | $42.2k | $14.75 |
| − OpEx | −$19.0k | −$6.64 |
| NOI | $23.2k | $8.11 |
2,864 SF · lease $15.72/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$331.8K
$290.3K – $387.1K
NOI $23,227 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$688.2K
$602.2K – $803.0K
NOI $48,177 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - 3-year-old brick residence on 1.24 wooded acres with fenced backyard and two-car garage.
Where is this single family property located?
The property is located at 4520 Derby Downs Circle Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Built in 2023 brick home on 1.24 wooded acres in a quiet cul‑de‑sac; 4 bedrooms and 3 bathrooms plus a bonus room; Kitchen features granite counters and solid surface counters with convection and gas range/oven appliances
