Section Image

Explore Similar Apartments Within 2 Miles of Forest Lake, AL

  • /15

    $195,000

    • 6 Beds
    • 3 Baths
    • 1,900 Sq Ft

    3008 22nd St, Tuscaloosa, AL 35401

    !LARGER FAMILIES OR INVESTORS! This spacious property has 6 Bedrooms & 3 Full Bathrooms! Completely renovated a year ago adding an additional hallway and 4 extra bedrooms. In addition to the open-concept Kitchen, Living Area, & Laundry Room... the home sits on a open lot which offers multi-vehicle parking/ or room for exterior additions. Currently operating as a Transitional Home with

    Jashira Sullivan JR Real Estate and Company

    3008 22nd St, Tuscaloosa, AL 35401
  • /12

    $1,950,000

    • 3,465 Sq Ft

    427 30th Place Unit A-B, Tuscaloosa, AL 35401

    This is a Portfolio Sale located within miles of downtown Tuscaloosa and The University of Alabama. There are several major employers within miles of the units. The listing includes 12 properties, not just the one address listed above. Most of the units have been recently renovated. There are 24 total units, currently 67% occupied. Total occupancy would gross around $21,000/ month. Property

    Cindy Osborne Osborne, Inc

    427 30th Place Unit A-B, Tuscaloosa, AL 35401
  • /75

    $2,975,000

    • 6 Beds
    • 9 Baths
    • 8,100 Sq Ft

    2504 7th St, Tuscaloosa, AL 35401

    This is a rare opportunity to own a prime piece of downtown Tuscaloosa! This unique building features two stylish residential lofts and two versatile commercial office spaces, offering exceptional income potential or a dynamic live/work setup. Enjoy modern charm, exposed brick, and soaring ceilings throughout both of the lofts. One loft is a 5 bedroom 4 bath and the other loft is a one bedroom

    Jennifer Hamner HAMNER REAL ESTATE

    2504 7th St, Tuscaloosa, AL 35401
  • /42

    $325,000

    • 3,714 Sq Ft

    2407 3rd St E, Tuscaloosa, AL 35404

    BACK ON THE MARKET DUE TO NO FAULT OF THE SELLER-BUYER COULDN'T OBTAIN FINANCING! NEW REPAIRS INCLUDE A NEW ROOF AND FOUNDATION WORK WITH LIFETIME TRANSFERABLE WARRANTY.Check out 2405, 2407, & 2409 3rd ST E, Tuscaloosa. This listing includes THREE separate single family homes on one tax parcel. Combined rent is $3250/month, and all homes are leased. The owner completely renovated two of the

    Kayley Hudson HAMNER REAL ESTATE

    2407 3rd St E, Tuscaloosa, AL 35404
  • /43

    $5,795,000

    • 30 Beds
    • 30 Baths
    • 6,768 Sq Ft

    430 Wesley Place, Tuscaloosa, AL 35401

    Incredible investment opportunity in the heart of Tuscaloosa! Wesley Place Townhomes offers a package of 9 units, just a short walk to campus. The complex includes six 3-bedroom, 3-bath units & three 4-bedroom, 4-bath units. Each unit includes features such as granite countertops, stainless steel appliances, balconies, and a covered porch with large lawns. Ample parking is conveniently located

    Alice Maxwell Keller Williams Tuscaloosa

    430 Wesley Place, Tuscaloosa, AL 35401
  • /9

    $1,900,000

    • 4 Beds
    • 3.5 Baths
    • 1,792 Sq Ft

    2741 Sumner Place, Tuscaloosa, AL 35401

    Incredible opportunity to own a 10-property portfolio just 0.08 miles from the University of Alabama. This rare package includes 3 spacious 4-bedroom homes and 7 well-maintained 3-bedroom homes. All properties are located on the same street, making management simple and efficient. Whether you're expanding your portfolio or entering the Tuscaloosa market, this offering delivers strong rental

    Abby Pate Keller Williams Hoover

    2741 Sumner Place, Tuscaloosa, AL 35401
  • /4

    $2,640,000

    • 12 Beds
    • 20 Baths
    • 23,400 Sq Ft

    1521 8th St, Tuscaloosa, AL 35401

    Investor Alert! Fully leased through July 2026, this 12-bed, 14-bath luxury multi-family property is just minutes from The University of Alabama. Built in 2012, each of the four spacious units features 3 bedrooms, 3.5 bathrooms, high-end finishes, in-unit laundry, and open-concept living. With 100% occupancy and strong rental history, this low-maintenance asset offers instant cash flow and

    Abby Pate Keller Williams Realty Hoover

    1521 8th St, Tuscaloosa, AL 35401
  • /12

    $5,400,000

    • 9 Beds
    • 12 Baths
    • 5,565 Sq Ft

    1216 14th Ave, Tuscaloosa, AL 35401

    Exceptional 27-bedroom, 31-bathroom multi-unit investment property in the heart of Tuscaloosa, just steps from The University of Alabama. This income-producing asset features 30 dedicated parking spaces, updated kitchens, private bathrooms, in-unit laundry, and durable tile flooring throughout. With a strong rental history and 100% occupancy, the property is fully leased through July 2026,

    Abby Pate Keller Williams Realty Hoover

    1216 14th Ave, Tuscaloosa, AL 35401
  • /4

    $5,280,000

    • 24 Beds
    • 30 Baths
    • 11,670 Sq Ft

    1506 8th St, Tuscaloosa, AL 35401

    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

    Abby Pate Keller Williams Realty Hoover

    1506 8th St, Tuscaloosa, AL 35401
  • /20

    $549,000

    • 4,200 Sq Ft

    1733 16th Ave E, Tuscaloosa, AL 35404

    Multifamily Investment Sale! The Prescott Apartment Complex contains (8) 1 bedroom/bath units and is located in central Tuscaloosa just off Veteran's Memorial Pkwy near Home Depot/Target. With brick exteriors and metal roofs the Prescott will serve as a rental work horse for years to come. Start your real estate portfolio or scale with this rare opportunity.

    Neal Dichiara Harwood Real Estate LLC

    1733 16th Ave E, Tuscaloosa, AL 35404
  • /2

    $225,000

    • 1,432 Sq Ft

    2507 Harrison St, Tuscaloosa, AL 35401

    Duplex is currently leased. Both sides of the duplex have family room, kitchen, 2 bedrooms, 1 bathroom and laundry room off of the kitchen.

    Kathy Acker Pritchett Moore Real Estate

    2507 Harrison St, Tuscaloosa, AL 35401
  • /19

    $3,490,000

    • 38,592 Sq Ft

    603 Hargrove Rd E, Tuscaloosa, AL 35401

    Meadowbrook Apartments is a 1966 vintage 48-unit apartment community. With two floor plans ranging from 1 bedroom 1 bath to 2 bedrooms 1 bath, the average unit size is approximately 800 square feet. Units were updated with paint, LVT flooring, and new lighting in 2019. These units have attracted working class residents who enjoy the central Tuscaloosa location at an affordable price.

    Richard Harwood Harwood Real Estate LLC

    603 Hargrove Rd E, Tuscaloosa, AL 35401
  • /13

    $3,100,000

    • 12 Beds
    • 12 Baths

    1419 6th St, Tuscaloosa, AL 35401

    Welcome to 1419 6th St., Tuscaloosa, AL 35401-a remarkable investment opportunity or spacious multi-family retreat in the heart of the University neighborhood! This impressive 4,920 sq. ft. triplex boasts 12 bedrooms and 12 bathrooms, offering ample space and versatility for residents or tenants. Built with modern living in mind, this property is perfectly situated just steps from the University

    Camilla Carpenter Tutt Real Estate

    1419 6th St, Tuscaloosa, AL 35401
  • /2

    $238,000

    • 1,696 Sq Ft

    3105 Hood St, Tuscaloosa, AL 35404

    Part of a multi-unit Portfolio, NOT FOR INDIVIDUAL SALE. Investors, this portfolio has great income potential. Contact your favorite agent for more details.

    Jason Patton Keller Williams Realty Vestavi

    3105 Hood St, Tuscaloosa, AL 35404

Why Live in Forest Lake

Forest Lake in Tuscaloosa is a neighborhood characterized by a mix of historic and modern homes, with older cottages and national-style homes on the west side and newly built farmhouse and French Country styles on the east. The area has seen significant redevelopment following tornado damage, with new developments including short-term rentals and student-focused housing. Despite the influx of students, the neighborhood remains quiet and peaceful, with a balanced mix of students and permanent residents, including retirees. The centerpiece of the neighborhood is its privately owned lake, surrounded by 29 homes with piers for small watercraft. Residents enjoy morning walks around the lake and have access to Monnish Park, which features walking paths, a picnic pavilion, and a playground. Dining and retail options are abundant at Tuscaloosa Midtown Village and University Mall, both located along McFarland Boulevard. Popular spots include Panera, Starbucks, Fuku Ramen, and the Druid City Brewing Company Taproom. Community spirit is strong, with neighborhood festivities and holiday celebrations, including lighting a Christmas tree-shaped string of lights on the lake island. The neighborhood is centrally located, offering easy commutes to the University of Alabama and other local employers. Forest Lake children attend Tuscaloosa City Schools, but many families opt for the highly rated Holy Spirit Catholic School. The University of Alabama is nearby, providing educational opportunities and contributing to the vibrant local culture.

Home Trends in Forest Lake, AL

Housing Trends

Median Sale Price
$259,900
Median Single Family Sale Price
$275,000
Median Townhouse Sale Price
$340,000
Median 2 Bedroom Sale Price
$244,950
Median 1 Bedroom Sale Price
$149,900
Average Price Per Sq Ft
$197
Number of Homes for Sale
15
Last 12 months Home Sales
55
Months of Supply
3.30
Median List Price
$250,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
7%
How to Buy a Home How to Finance a Home How to Sell a Home