Tuscaloosa, AL Multifamily Properties for Sale

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Northport, AL Fosters, AL Coker, AL Duncanville, AL Buhl, AL Ralph, AL Cottondale, AL Moundville, AL

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Updated: Nov 8, 2024

Tuscaloosa Multifamily Investment Opportunity

603 Hargrove E Rd, Tuscaloosa, AL 35401

$3,490,000

38,592 sqft

Fully occupied 48‑unit apartment community.
Central Tuscaloosa location.
Updated units with paint, LVT flooring, and new lighting (2019).
Two floor plans available (1 bed/1 bath and 2 bed/1 bath).
Attracts working class residents.

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This listing looks promising.

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603 Hargrove E Rd, Tuscaloosa, AL 35401

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Est. Cap Rate

9%
Above avg (5.9%)
Est. NOI

$313K
Annual
Price @ 7% Cap

$4.47M
Above asking
Property Type

Apartments (Generic)
Built 1966

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Updated: May 15

Furnished Multi-Family Homes near University

925 17th Avenue E, Tuscaloosa, AL 35404

$2,000,000

8,284 sqft 0.74 AC lot

4 homes (899, 901, 903, 905 17th Ave E) each offering 4 bedrooms and 4 bathrooms
Homes built in 2022
Each home is offered fully furnished, including 2 king and 2 queen beds
Short- and long‑term rentals allowed; existing short‑term rental agreements must be honored
Vinyl siding construction with shingle/composition roof

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Luxury New Construction Residence

1209 18TH STREET, Tuscaloosa, AL 35401

$1,600,000

New construction Tuscaloosa residence with expansive interior volume and a rooftop terrace featuring an outdoor kitchen and fire pit.

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Duplex with Front Porches and Decks

1021 Queen City Avenue, Tuscaloosa, AL 35401

$999,900

4,265 sqft 0.25 AC lot

Well-maintained duplex with two matching units, each offering four bedrooms and two full bathrooms.

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4-Bed Duplex with Outdoor Decks

1021 Queen City Avenue, Tuscaloosa, AL 35401

$999,900

4,265 sqft

Well-maintained duplex with two units, each offering four bedrooms, two full baths, and private outdoor porches and decks.

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Tuscaloosa Multifamily Investment Opportunity

2925 Hargrove Road E, Tuscaloosa, AL 35405

$1,200,000

9,936 sqft 0.44 AC lot

Multifamily property in Tuscaloosa, Alabama, ideal for residential income.

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Leased Two-Unit Duplex

439 29th Place, Tuscaloosa, AL 35401

$199,900

1,800 sqft 0.16 AC lot

Well-maintained duplex with tenant-occupied two-story layouts and leases in place through 2027.

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Tuscaloosa Multifamily Investment Opportunity

407 30th Place, Tuscaloosa, AL 35401

$399,000

3,465 sqft 0.44 AC lot

Seven-unit multifamily property near downtown Tuscaloosa, Alabama.

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Value-Add Multifamily Near University

603 18th Street, Tuscaloosa, AL 35401

$250,000

1,100 sqft

Multifamily investment offering proximity to University of Alabama campus and potential for renovation-based rent improvements.

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Tuscaloosa Duplex with Extra Lot

3105 HOOD Street, Tuscaloosa, AL 35404

$219,900

1,696 sqft 0.50 AC lot

Income-producing duplex with potential for additional development.

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Tuscaloosa Duplex Ready For Owner

435 30th Place, Tuscaloosa, AL 35401

$179,000

2,178 sqft 0.18 AC lot

Duplex near U of A and FedEx in Tuscaloosa, Alabama.

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Multi Family

2809 19TH Street, Tuscaloosa, AL 35401

$194,900

1,800 sqft

Duplexes · 1,800 SF

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Value-Add Duplex Investment