Incredible investment opportunity steps from The University of Alabama! Purpose-built in 2015, this fully leased luxury multifamily property features 6 spacious units—each with 4 bedrooms and 4.5 bathrooms—totaling 24 bedrooms and 27 bathrooms. Each unit occupies a private floor and is finished with ceramic tile throughout, granite countertops, stainless steel appliances, and in-unit security systems. Strong rental history with consistent renewals and zero vacancy. Ample parking available for tenants. Located in the heart of campus near Bryant-Denny Stadium, this is a rare opportunity to own a high-performing asset in one of Tuscaloosa’s most desirable rental corridors!
Sold for $4,600,000
$4,600,000
1506 8th St, Tuscaloosa, AL 35401
4beds
1,945sqft
Multi Family
Built in 2015
-- sqft lot
$-- Zestimate®
$2,365/sqft
$1,852 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,852/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Abby Pate 2059136001,
Keller Williams Realty Hoover
Bought with:
Abby Pate
Keller Williams Realty Hoover
Source: GALMLS,MLS#: 21420062
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Central w/Ind Ctrl(HEAT)
Cooling
- Central w/Ind Ctrl(COOL)
Appliances
- Included: Dishwasher, Cooktop, Water Heater, Electric Water Heater
- Laundry: Washer/Dryer Connection
Features
- Eat-in Kitchen
- Flooring: Tile, Other
Interior area
- Total interior livable area: 1,945 sqft
Property
Parking
- Parking features: 1 Space per Unit, Assigned, On Street
- Has uncovered spaces: Yes
Details
- Parcel number: 3106232022027.000
- Special conditions: N/A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
Condition
- Year built: 2015
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Security: Security System
- Subdivision: Tuscaloosa
Location
- Region: Tuscaloosa
Financial & listing details
- Price per square foot: $2,365/sqft
- Tax assessed value: $1,371,200
- Annual tax amount: $14,123
- Price range: $4.6M - $4.6M
- Date on market: 5/28/2025
- Tenant pays: All Utilities, Electricity, Trash Collection, Water/Sewer (TENANT)
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2026 | Sold | $4,600,000-12.9%$2,365/sqft |
Source:  GALMLS #21420062 Report a problem | ||
| 11/18/2025 | Pending sale | $5,280,000$2,715/sqft |
Source:  WAMLS #168963 Report a problem | ||
| 10/3/2025 | Listed for sale | $5,280,000$2,715/sqft |
Source: GALMLS #21420062 Report a problem | ||
| 9/29/2025 | Contingent | $5,280,000$2,715/sqft |
Source: GALMLS #21420062 Report a problem | ||
| 9/29/2025 | Pending sale | $5,280,000$2,715/sqft |
Source: WAMLS #168963 Report a problem | ||
| 7/15/2025 | Listed for sale | $5,280,000$2,715/sqft |
Source: WAMLS #168963 Report a problem | ||
| 7/2/2025 | Pending sale | $5,280,000$2,715/sqft |
Source: WAMLS #168963 Report a problem | ||
| 5/28/2025 | Listed for sale | $5,280,000+0.6%$2,715/sqft |
Source: WAMLS #168963 Report a problem | ||
| 8/2/2024 | Listing removed | -- |
Source: WAMLS #158169 Report a problem | ||
| 8/1/2023 | Listed for sale | $5,250,000+1751.9%$2,699/sqft |
Source: WAMLS #158169 Report a problem | ||
| 6/14/2013 | Sold | $283,500$146/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $14,123 | $274,240 |
| 2023 | $14,123 -1% | $274,240 |
| 2022 | $14,260 -0.9% | -- |
| 2021 | $14,396 +25.7% | -- |
| 2020 | $11,452 | $222,360 |
| 2019 | $11,452 | $222,360 |
| 2018 | $11,452 | $222,360 |
| 2017 | $11,452 +5.7% | -- |
| 2016 | $10,833 +2562.5% | -- |
| 2015 | $407 | -- |
| 2014 | $407 -85.5% | $54,380 |
| 2013 | $2,801 -2.6% | -- |
| 2012 | $2,876 0% | -- |
| 2011 | $2,877 | -- |
| 2010 | $2,877 | -- |
| 2009 | $2,877 +11.4% | -- |
| 2008 | $2,583 | $250,800 |
| 2007 | $2,583 | $250,800 |
| 2006 | $2,583 +12.6% | $250,800 +12.6% |
| 2004 | $2,294 | $222,700 +87% |
| 2001 | -- | $119,100 -3% |
| 2000 | $532 | $122,790 |
Find assessor info on the county website
Neighborhood: University
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Nearby schools
GreatSchools rating
- 7/10Univ Place Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 4/10Westlawn Middle SchoolGrades: 6-8Distance: 1.3 mi
- 2/10Central High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: University Place
- Middle: Westlawn
- High: Central
Source: GALMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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