Welcome to 500 Tuscaloosa Ave a 20-unit income producing apartment complex Birmingham, AL offering immediate cash flow with additional upside potential. This property features all 2/1 units, with 17 units fully renovated between 2022–present. Renovations include updated interiors, new flooring, cabinetry, appliances, and major system upgrades. All renovated units have new HVAC systems and tankless water heaters, providing long-term efficiency and reduced maintenance costs. Currently, the property is primarily stabilized, with:19-income-producing units 1 vacant unit-ready for lease or renovation completion) 2 units positioned for full renovation (value-add opportunity) The property generates strong income, with current rent roll totaling approximately $16,500/month. Additional features include: Washer & dryer connections in units. Updated interiors and systems across majority of units. Consistent rental demand in the area. Professional management currently in place.
For sale
$1,900,000
500 Tuscaloosa Ave SW, Birmingham, AL 35211
2beds
888sqft
Apartment
Built in 1978
-- sqft lot
$-- Zestimate®
$2,140/sqft
$-- HOA
What's special
New hvac systemsNew flooringTankless water heatersUpdated interiors
- 105 days |
- 228 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Shayla Dotson 205-225-1239,
First Class Realty Services, L,
Dany Key 205-260-4908,
First Class Realty Services, L
Source: GALMLS,MLS#: 21449152
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Cooktop, Tankless Water Heater
- Laundry: Washer/Dryer Connection
Features
- Eat-in Kitchen, Sep Living
- Flooring: Laminate, Carpet
Interior area
- Total interior livable area: 888 sqft
Video & virtual tour
Property
Parking
- Parking features: 1 Space per Unit
Details
- Parcel number: 2900032031016.000
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Frame
- Foundation: Slab
Condition
- Year built: 1978
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Subdivision: Arlington
Location
- Region: Birmingham
Financial & listing details
- Price per square foot: $2,140/sqft
- Tax assessed value: $981,300
- Annual tax amount: $14,229
- Price range: $1.9M - $1.9M
- Date on market: 4/8/2026
- Tenant pays: Cable TV, Electricity, Other
Estimated market value
Not available
Estimated sales range
Not available
$928/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2026 | Listed for sale | $1,900,000+214%$2,140/sqft |
Source:  GALMLS #21449152 Report a problem | ||
| 6/10/2021 | Sold | $605,000+470.8%$681/sqft |
Source: GALMLS #1282977 Report a problem | ||
| 10/13/1999 | Sold | $106,000$119/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,229 | $196,260 |
| 2024 | $14,229 +10.2% | $196,260 +10.2% |
| 2023 | $12,914 +51.1% | $178,120 +51.1% |
| 2022 | $8,548 +28.3% | $117,900 +28.3% |
| 2021 | $6,664 | $91,920 |
| 2020 | $6,664 | $91,920 |
| 2019 | $6,664 +32.2% | $91,920 +32.2% |
| 2018 | $5,040 | $69,520 |
| 2017 | $5,040 | $69,520 |
| 2016 | -- | $69,520 |
| 2015 | -- | $69,520 -32.8% |
| 2014 | $7,185 | $103,380 |
| 2013 | $7,185 | $103,380 +0% |
| 2012 | $7,185 | $103,376 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Arlington-West End
Nearby schools
GreatSchools rating
- 3/10Hemphill Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 2/10Wilkerson Middle SchoolGrades: 6-8Distance: 1.5 mi
- 2/10Parker High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Washington
- Middle: Arrington
- High: Parker
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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