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    603 Hargrove Rd E Tuscaloosa, AL 35401

    Sponsored
    For Sale
    $3,490,000

    MULTI_FAMILY - Tuscaloosa, AL

    Property size:
    38,592 SF
    Lot size:
    1.52 Acres
    Days on Market:
    96
    Last Refresh:
    Jan 5 at 5:06 am

    Property Features for 603 Hargrove Rd E

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    31-07-25-4-007-005.000
    Size
    38,592 SF
    Lot size
    1.52 Acres

    Building Details

    Number of units
    48

    Harwood Real Estate (205) 242-7104 [email protected]

    Listing agent Richard Harwood (205) 764-1637

    Listing date Oct 2, 2025

    Overview

    Tuscaloosa Multifamily Apartment Community

    Meadowbrook Apartments is a 48-unit apartment community built in 1966. The property features two floor plans, with units ranging from one bedroom, one bath to two bedrooms, one bath. The average unit size is approximately 800 square feet. In 2019, the units were updated with paint, LVT flooring, and new lighting. The community is located in central Tuscaloosa and has attracted working-class residents due to its affordable price. The property size is 38,592 square feet and the lot size is 1.52 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Meadowbrook Apartments Apartment Complex

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tuscaloosa
    County
    Tuscaloosa
    State
    Alabama
    Longitude
    -87.527646
    Latitude
    33.186901

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    FAQs

    What type of property is this?
    Apartment building - 48-unit apartment community in central Tuscaloosa, Alabama.
    Where is this apartment building located?
    The property is located at 603 Hargrove Rd E Tuscaloosa, AL.
    What is the asking price?
    The asking price for this property is $3,490,000.
    What are key features of this property?
    This property features: - Central Tuscaloosa location; - 48-unit apartment community; - Updated units with paint, LVT flooring, and new lighting (2019)
    (205) 764-1637
    Request Owner's contact information
    603 Hargrove Rd E Tuscaloosa, AL 35401
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    Tuscaloosa, AL 35401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    603 Hargrove Rd E Tuscaloosa, AL 35401
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