Explore an exceptional investment opportunity with this multifamily property. 14,210 SF of buildings encompasses 16 2-bedroom units and 8 1-bedroom, presenting a hard to find value-add opportunity. Built in 1986 and thoughtfully renovated in 2022, the property boasts a large 1.35-acre lot with ample parking. It is being sold as is with no known defects, Value-add prospect for investors seeking the lowest price per door in Alabama. With its prime location and significant potential, this multifamily property sets the stage for a lucrative investment in the thriving Tuskegee area. Currently leased as student housing the Tuskegee University.
Sold for $750,000
$750,000
2601 Cole St #7be7ac303, Tuskegee Institute, AL 36088
--beds
--baths
14,210sqft
Multi Family
Built in 1986
-- sqft lot
$757,300 Zestimate®
$53/sqft
$1,100 Estimated rent
Home value
$757,300
Estimated sales range
Not available
$1,100/mo
Zestimate® history
Owner options
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$3,477/mo
Est. payment
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$3,477/mo
Est. payment
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Ample parking
Zillow last checked:
Listing updated:
Listed by:
Len Johnson 256-509-2078,
Gateway AL Realty Group LLC
Bought with:
Len Johnson, 40398
Gateway AL Realty Group LLC
Source: ValleyMLS,MLS#: 21900569
Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Oven, Refrigerator, Electric Water Heater
Features
- Has basement: No
Interior area
- Total structure area: 14,210
- Total interior livable area: 14,210 sqft
Property
Parking
- Total spaces: 36
- Parking features: Parking Lot
Lot
- Size: 1.35 Acres
Details
- Parcel number: 1501021001039000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Metes And Bounds
Location
- Region: Tuskegee Institute
Financial & listing details
- Price per square foot: $53/sqft
- Date on market: 10/2/2025
Price history
| Date | Event | Price |
|---|---|---|
| 2/6/2026 | Sold | $750,000$53/sqft |
Source:  ValleyMLS #21900569 Report a problem | ||
| 10/30/2025 | Contingent | $750,000$53/sqft |
Source: ValleyMLS #21900569 Report a problem | ||
| 10/21/2025 | Listed for sale | $750,000$53/sqft |
Source: ValleyMLS #21900569 Report a problem | ||
| 10/14/2025 | Contingent | $750,000$53/sqft |
Source: ValleyMLS #21900569 Report a problem | ||
| 10/2/2025 | Listed for sale | $750,000$53/sqft |
Source: ValleyMLS #21900569 Report a problem | ||
| 10/5/2022 | Listed for rent | $450 |
Source: Zillow Rental Network Premium_1 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 36088
Nearby homes
- $--1 bd1 ba650 sqft2605 Cole St APT A, Tuskegee Institute, AL 36088Off Market
- $--1 bd1 ba-- sqft2601 Cole St #400, Tuskegee Institute, AL 36088Off Market
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- $--2 bd1 ba-- sqft2601 Cole St #741D26263, Tuskegee Institute, AL 36088Off Market
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- $--1 bd1 ba-- sqft2601 Cole St #40B177534, Tuskegee Institute, AL 36088Off Market
Nearby schools
GreatSchools rating
- NALewis Adams Early Child CenterGrades: PK-KDistance: 1.6 mi
- 3/10Booker T Washington High SchoolGrades: 7-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Dc Wolfe
- Middle: Tuskegee Institute
- High: Booker T Washington
Source: ValleyMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Alabama
- Macon County
- Tuskegee
- 36088
- 2601 Cole St Unit 7be7ac303
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