Discover your next investment opportunity near the vibrant University of Alabama with this expansive triplex featuring 12 bedrooms, all leased until July 2025. This property offers a robust rental income stream in a prime location close to campus. Each unit is thoughtfully designed to accommodate student living with spacious bedrooms, modern kitchens, and expansive common areas. Located within walking distance to campus, tenants enjoy easy access to university facilities and amenities. Whether you're expanding your investment portfolio or seeking a reliable income property, this triplex promises both stability and potential for growth!
Sold for $1,805,000
$1,805,000
1518 8th St, Tuscaloosa, AL 35401
12beds
4,140sqft
Triplex, Multi Family
Built in 2017
-- sqft lot
$1,945,700 Zestimate®
$436/sqft
$1,859 Estimated rent
Home value
$1,945,700
$1.75M - $2.14M
$1,859/mo
Zestimate® history
Owner options
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$1,859/mo
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$1,859/mo
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$8,157/mo
Est. payment
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$8,157/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Alice Maxwell 205-344-0636,
Keller Williams Tuscaloosa
Bought with:
Margaret Strickland, 000147324
NextHome Legacy Group
Source: WAMLS,MLS#: 163878
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
- Full bathrooms: 12
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Water Heater
- Laundry: Laundry Room
Features
- Has basement: No
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 4,140
- Total interior livable area: 4,140 sqft
Property
Parking
- Parking features: Concrete, Driveway
Features
- Levels: Three Or More
- Stories: 3
- Pool features: None
Lot
- Size: 8,712 Square Feet
Details
- Parcel number: 3106232022025.000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subtype: Triplex, Multi Family
Materials
- Wood Siding
- Roof: Composition,Shingle
Condition
- Resale
- Year built: 2017
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Dora Prince
Location
- Region: Tuscaloosa
Financial & listing details
- Price per square foot: $436/sqft
- Tax assessed value: $510,800
- Annual tax amount: $5,261
- Date on market: 7/24/2024
- Cumulative days on market: 69 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2024 | Sold | $1,805,000-3.7%$436/sqft |
Source:  WAMLS #163878 Report a problem | ||
| 10/2/2024 | Pending sale | $1,875,000$453/sqft |
Source: WAMLS #163878 Report a problem | ||
| 9/19/2024 | Price change | $1,875,000-1.3%$453/sqft |
Source: WAMLS #163878 Report a problem | ||
| 7/24/2024 | Listed for sale | $1,900,000+120.9%$459/sqft |
Source: WAMLS #163878 Report a problem | ||
| 5/15/2018 | Sold | $860,000-41.7%$208/sqft |
Source: Public Record Report a problem | ||
| 8/22/2017 | Sold | $1,475,000+135.1%$356/sqft |
Source: Public Record Report a problem | ||
| 5/10/2017 | Sold | $627,500$152/sqft |
Source: WAMLS #121027 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,261 -0.9% | $102,160 -0.9% |
| 2023 | $5,309 | $103,080 |
| 2022 | $5,309 -0.9% | -- |
| 2021 | $5,357 +27.2% | -- |
| 2020 | $4,213 | $81,800 |
| 2019 | $4,213 | $81,800 |
| 2018 | $4,213 | $81,800 |
| 2017 | $4,213 +161.2% | -- |
| 2016 | $1,613 +17.8% | -- |
| 2015 | $1,369 | -- |
| 2014 | $1,369 | $26,580 |
| 2013 | $1,369 -1.3% | -- |
| 2012 | $1,387 | -- |
| 2011 | $1,387 | -- |
| 2010 | $1,387 | -- |
| 2009 | $1,387 +10.4% | -- |
| 2008 | $1,257 | $122,000 |
| 2007 | $1,257 | $122,000 |
| 2006 | $1,257 | $122,000 |
| 2005 | $1,257 +194.4% | $122,000 +32.6% |
| 2004 | $427 | $92,000 +11.9% |
| 2001 | -- | $82,200 -2% |
| 2000 | $386 | $83,910 |
Find assessor info on the county website
Neighborhood: University
Nearby homes
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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: 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
$1,945,700
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
$1,945,700
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