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Triplex with Private Outdoor Spaces
For Sale
$325,000

515 E Tuscaloosa St, Florence, AL 35630

Each residence includes a full kitchen, living room, and laundry hookups.

Property SizeContact for details
Days on Market102

Property Features for 515 E Tuscaloosa St

General Information

Standard status Active
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $1,261
Listing Agency: Fernhill Realty LLC
Listed By: Matt Golley Team
Source: Exprealty
Added: May 22 Changed: Aug 30 Last Checked: Aug 30 at 10:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fernhill Realty LLC

Investment Insights

Based on property information with market context.

This three-unit property includes matching one-bedroom, one-bath residences, each with a full kitchen, living room, and laundry hookups. Every unit also has a designated outdoor deck or patio, while off-street parking is available at both the front and rear of the building.

The property is in Downtown Florence, less than a mile from Court St. and the University of North Alabama. Two units are being used as long-term student rentals, and the third operates as a short-term Airbnb. All units are currently rented or booked through Airbnb, providing an established mix of rental arrangements within the triplex.

Key Highlights

  • Three 1‑bedroom, 1‑bath units, each with a full kitchen and living room
  • Laundry hookups included in every unit
  • Private designated deck or patio for each residence

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Garden Center Electrical Service Butcher Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,503
Businesses Nearby

Demographics for 35630, AL

32,671
Population
17,371
Households
1.9
Avg Household Size
36
Median Age
28%
College-Educated
89%
High-School Grad
25.3 sq mi
ZIP Area
1,291
Density / Sq Mi
$44,168
Median Household Income
$29,081
Median Earnings
$783
Median Rent
$153,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Each residence includes a full kitchen, living room, and laundry hookups.
Where is this triplex located?
The property is located at 515 E Tuscaloosa St Florence, AL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Three 1‑bedroom, 1‑bath units, each with a full kitchen and living room; Laundry hookups included in every unit; Private designated deck or patio for each residence
More about this property
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