20-Unit Apartment
For Sale
$1,900,000
500 TUSCALOOSA AVENUE, Birmingham, AL 35211
MULTIFAMILY, BIRMINGHAM, AL
Property SizeContact for details
Days on Market171
Property Features for 500 TUSCALOOSA AVENUE
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Subdivision
ARLINGTON
Elementary school
WASHINGTON
Middle school
ARRINGTON
High school
PARKER
Directions
Highway 59 South, Exit 123 Arkadelphia Rd, Turn Left, Continue onto Princeton Parkway, Turn L onto Lomb Ave, Turn Left onto Tuscaloosa Ave. Complex on the Left.
Standard status
Active
APN
29-00-03-2-031-016.000
Taxes and HOA fees
Tax Description
BEING LOT 1-A BLK 1 RESURVEY LOTS 1 2 3 & PT 4 BLK 1 KENILWORTH
Legal Description
BEING LOT 1-A BLK 1 RESURVEY LOTS 1 2 3 & PT 4 BLK 1 KENILWORTH
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
washer & dryer connections
Building Details
Year built
1978
Number of units
20
Flooring type
Carpet - Full, Laminate
Building materials
Brick and Frame
Listing Agency:
First Class Realty Services, L
(205) 508-4018
Listed By:
Shayla Dotson · License #105931
(205) 225-1239
Added: Apr 8
Changed: Sep 17
Last Checked: Sep 25 at 9:06AM
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.
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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Current Use
Lease Details
20
Residential units
Location Intelligence
Trade Area within ½ mile
984
Businesses Nearby
Explore this area
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
Vacancy Rate% for Multifamily in South region
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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 $1,900,000.
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
