20-Unit Apartment
500 TUSCALOOSA AVENUE, Birmingham, AL 35211
For Sale
$1,699,000
MULTIFAMILY, BIRMINGHAM, AL
Property SizeContact for details
Days on Market216
Property Features for 500 TUSCALOOSA AVENUE
General Information
Property type
Property subtype
Subdivision
Elementary school
Middle school
High school
Directions
Standard status
APN
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Heating system
Cooling system
Water source
Amenities
washer & dryer connections
Building Details
Year built
Number of units
Flooring type
Building materials
Listing Agency:
First Class Realty Services, L
(205) 508-4018
Listed By:
Shayla Dotson · License #105931
(205) 225-1239
Added: Apr 8
Changed: Oct 31
Last Checked: Nov 9 at 8:06AM
MLS# 21449152
Copyright © 2026 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 20-unit apartment property at 500 Tuscaloosa Avenue in Birmingham is configured entirely with 2/1 units. Built in 1978 with brick-and-frame construction, the complex includes central heating and central air conditioning, public water service, and washer and dryer connections within the units.
Seventeen units have been fully renovated between 2022-present, including interior finishes, flooring, cabinetry, appliances, HVAC systems, and tankless water heaters. The property currently includes 19 income-producing units and 1 vacant unit that is ready for lease or renovation completion. Professional management is in place, and the current rent roll produces approximately $16,500/month.
Seventeen units have been fully renovated between 2022-present, including interior finishes, flooring, cabinetry, appliances, HVAC systems, and tankless water heaters. The property currently includes 19 income-producing units and 1 vacant unit that is ready for lease or renovation completion. Professional management is in place, and the current rent roll produces approximately $16,500/month.
Key Highlights
- 20‑unit apartment complex with all 2/1 units
- 17 units fully renovated between 2022‑present
- 19 income‑producing units and 1 vacant unit
Property Analytics
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Lease Details
20
Residential units
95%
Occupancy
Location Intelligence
Trade Area within ½ mile
984
Businesses Nearby
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Business Placement
Demographics for 35211, AL
24,775
Population
14,302
Households
1.7
Avg Household Size
40
Median Age
23%
College-Educated
87%
High-School Grad
16.6 sq mi
ZIP Area
1,492
Density / Sq Mi
$34,286
Median Household Income
$29,742
Median Earnings
$1,044
Median Rent
$94,500
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Birmingham, AL
Properties on Market for Apartment buildings in Birmingham
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Brick-and-frame multifamily property with updated systems, central HVAC, and unit-level washer and dryer connections.
Where is this apartment building located?
The property is located at 500 TUSCALOOSA AVENUE Birmingham, AL.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: 20‑unit apartment complex with all 2/1 units; 17 units fully renovated between 2022‑present; 19 income‑producing units and 1 vacant unit
