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Sold for $2,000,000
    • $2,000,000

    1006 Elmwood Dr, Tuscaloosa, AL 35401

    10beds
    4,200sqft
    Townhouse, Multi Family
    Built in 2022
    4,791 Square Feet Lot
    $2,014,700 Zestimate®
    $476/sqft
    $1,764 Estimated rent

    Home value

    $2,014,700

    $1.73M - $2.34M

    $1,764/mo

    Zestimate® history
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    What's special

    Outstanding on-campus investment opportunity featuring a 10-bedroom, 10-bathroom multi-family property that is fully leased through July 2027. Only four years old, each side offers a spacious 5BR/5BA layout with its own laundry area, comfortable den, and full kitchen designed for modern student living. The interiors feature granite countertops, stainless steel appliances, and durable LVP flooring throughout with no carpet, making the property both attractive and easy to maintain. Each unit also includes private balconies and garage space, adding convenience and appeal for tenants. With a highly walkable location right on campus and strong lease terms already in place, this property is a true turnkey investment with reliable income potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michele Falls 205-394-2927,

    Keller Williams Tuscaloosa,

    JASON GRAY 205-393-3044,

    Keller Williams Tuscaloosa

    Bought with:

    Abby Pate, 000146670

    Keller Williams Hoover

    Source: WAMLS,MLS#: 173405MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 10
    • Full bathrooms: 10
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fan(s), Granite Counters, Open Concept, Pantry, Solid Surface Counters, Cable TV, Walk-In Closet(s)
    • Windows: Double Pane Windows
    • Has basement: No
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 4,200
    • Total interior livable area: 4,200 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Concrete, Driveway, Four Car Garage, Four or more Spaces, Garage
    • Attached garage spaces: 4
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Balcony, Covered, Patio
    • Pool features: None
    Lot
    • Size: 4,791 Square Feet
    • Dimensions: 66 x 69 x 67 x 69
    Details
    • Parcel number: 3106234014009.001

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse, Multi Family
    Materials
    • Other
    • Foundation: Slab
    • Roof: Composition,Shingle
    Condition
    • Resale
    • Year built: 2022

    Utilities & green energy

    • Sewer: Connected
    • Utilities for property: Cable Available, Sewer Connected

    Community & HOA

    Community
    • Subdivision: Elmwood Drive
    Location
    • Region: Tuscaloosa

    Financial & listing details

    • Price per square foot: $476/sqft
    • Tax assessed value: $500
    • Annual tax amount: $15,614
    • Date on market: 2/18/2026
    • Cumulative days on market: 60 days
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/29/2026Sold$2,000,000-7%$476/sqft
    Source: WAMLS #173405 Report a problem
    4/20/2026Pending sale$2,150,000$512/sqft
    Source: WAMLS #173405 Report a problem
    2/18/2026Listed for sale$2,150,000+60.4%$512/sqft
    Source: WAMLS #173405 Report a problem
    7/13/2022Listing removed--
    Source: WAMLS #149166 Report a problem
    3/25/2022Pending sale$1,340,000+267900%$319/sqft
    Source: WAMLS #149166 Report a problem
    8/24/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    6/3/2021Listed for rent$1,800-4%
    Source: Zillow Rental Manager Report a problem
    4/20/2020Listing removed$1,875
    Source: Zillow Rental Manager Report a problem
    3/23/2020Listed for rent$1,875-3.8%
    Source: Zillow Rental Manager Report a problem
    1/13/2020Listing removed$1,950
    Source: Red Elephant Rentals Report a problem
    10/25/2019Listed for rent$1,950
    Source: Red Elephant Rentals Report a problem
    10/30/2017Listing removed$1,950
    Source: Red Elephant Rentals Report a problem
    10/19/2017Listed for rent$1,950
    Source: Red Elephant Rentals Report a problem
    5/23/2017Sold$500
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5 $100
    2024$5 $100
    2023$5 $100
    2022$5 --
    2021$5 --
    2020$5 $100
    2019$5 $100
    2018$5 $100
    2017$5 --
    2016$5 --
    2015$5 --
    2014$5 $100 -99.9%
    2001-- $72,600
    2000-- $72,600
    Find assessor info on the county website

    Neighborhood: University

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Rock Quarry
    • Middle: Northridge
    • High: Northridge

    Source: WAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,014,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,014,700

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