Home For Sale In Tuscaloosa, Alabama

house for sale

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Listed: 01/29/24

1628 5th Ave, Tuscaloosa, Alabama, 35401

6 Bed:

4.5 Bath:

3,266 Sq Ft Living Area:

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Price

$ 529,900

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About This House

Welcome to your perfect investment opportunity! This 2-home package deal is located near the University of Alabama and comes with a pre-existing tenant base. Both homes are currently leased through July 2024, with at least one of the homes having tenants who wish to renew for another year. Both homes have 3 bedrooms and 2 full baths and both have been extensively updated in recent years. Both homes have been well-maintained and equipped with modern amenities, including updated kitchens and bathrooms. With a reliable tenant base already in place and a prime location near the University of Alabama, this 2-home package deal is a smart investment with great potential for long-term success. 1628 had new roof installed early Oct2023. 1624had a new HVAC system installed in the summer of 2022.

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Houses for sale in Tuscaloosa

Original listing

University Place Housing & Living

Average sale prices for houses

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Jun 2024	$278,675 (+4.9%)
May 2024	$265,625 (+2.4%)
Apr 2024	$259,333 (0%)
Mar 2024	$259,333 (0%)
Feb 2024	$259,333 (0%)
Jan 2024	$259,333 (+16.5%)

In June 2024, the asking price for 3 bed houses for sale in/near University Place, Tuscaloosa, United States averaged $278,675, an increase of 4.9% from the previous month.

Median price trends for properties for sale in University Place, Tuscaloosa, United States as of June 2024.

Household Income

Median household income: $42,428

Number of households: 34,700

The average household income in Tuscaloosa, AL grew from $40,542 to $42,428 in the past year. This data is an estimate based upon 34,700 households in Tuscaloosa, AL.
The chart below presents how household income is distributed in Tuscaloosa, AL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Tuscaloosa, AL compared to median property taxes around the country. The prevalent amount of property taxes in Tuscaloosa, AL equals <$800 , which is more than the national average.