$2,640,000

1120 8th Ave Tuscaloosa, AL 35401

University Area Neighborhood

Estimated payment $15,237/month

Total Views 4,392
12 Beds
12 Baths
4,608 Sq Ft
$573 Price per Sq Ft

Highlights

  • Wood Flooring
  • Guest Parking
  • Central Heating and Cooling System
  • Rock Quarry Elementary School Rated A-

About This Home

Investor special in the heart of UA campus! Built in 2020, this luxury triplex offers three 4 bed / 4 bath units and has been fully leased since day one. Each unit features modern finishes, spacious layouts, and student-friendly design. Located steps from campus and pre-leased through July 2026, this is a true turnkey opportunity with strong, reliable income. No deferred maintenance, no vacancy risk, and endless demand in one of Alabama’s top rental markets. Rare chance to own a high-performing asset in an unbeatable location!

Listing Agent

Abby Pate

Keller Williams Realty Hoover Listed on: 05/28/2025

Keller Williams Realty Hoover

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,374

Year Built

  • Built in 2020

Home Design

  • Triplex
  • Brick Exterior Construction
  • Slab Foundation

Flooring

  • Wood Flooring

Parking

  • Guest Parking
  • Assigned Parking

Schools

  • University Place Elementary And Middle School
  • Central High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,374

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Triplex
  • Year Built Description: Existing
  • Year Built: 2020
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2020

Interior Features

  • Floors: Some Hardwood

Exterior Features

  • Construction: Brick
  • Foundation: Slab
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking: Assigned, Guest Parking

Utilities

  • Heating: Central w/Ind Ctrl(HEAT)
  • Cooling: Central w/Ind Ctrl(COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 3

Schools

  • Elementary School: UNIVERSITY PLACE
  • Middle School: UNIVERSITY PLACE
  • High School: CENTRAL

Lot Info

  • Assessor Parcel Number: 31-06-23-4-004-008.000

Rental Info

  • Tenant Pays: All Utilities (TENANT), Electric (TENANT), Hot Water (TENANT), Trash Collection (TENANT), Water/Sewer (TENANT)

Tax Info

  • Tax District: TUSCALOOSA CITY

MLS Schools

  • Elementary School: UNIVERSITY PLACE
  • High School: CENTRAL
  • Jr Middle School: UNIVERSITY PLACE

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,374 $143,180 $23,880 $119,300
2023 $7,374 $144,400 $23,880 $120,520
2022 $3,872 $75,180 $23,880 $51,300
2021 $3,872 $75,180 $23,880 $51,300
2020 $437 $8,480 $8,480 $0
2019 $2,259 $43,860 $8,480 $35,380
2018 $2,259 $43,860 $8,480 $35,380
2017 $2,259 $0 $0 $0
2016 $2,036 $0 $0 $0
2015 $1,927 $0 $0 $0
2014 -- $37,420 $6,360 $31,060
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Sale $2,640,000 0.0% $573 / Sq Ft
07/01/2025 07/01/25 Pending -- -- --
05/28/2025 05/28/25 For Sale $2,640,000 -- $573 / Sq Ft
Source: Greater Alabama MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $827,650 New Conventional
Source: Public Records

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Source: Greater Alabama MLS

MLS Number: 21420063

Greater Alabama MLS

APN: 31-06-23-4-004-008.000

Alabama Tuscaloosa County Tuscaloosa 35401 University Area

1120 8th Ave, Tuscaloosa, AL

This home is located at 1120 8th Ave, Tuscaloosa, AL 35401 and is currently priced at $2,640,000, approximately $572 per square foot. This property was built in 2020. 1120 8th Ave is a home located in Tuscaloosa County with nearby schools including University Place Elementary School, Rock Quarry Elementary School, and Westlawn Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Abby Pate
Section Image
Keller Williams Realty Hoover
(205) 754-6913