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Tuskegee, AL Multifamily Home for Sale

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    $3,900,000

    704 Washington Chapel Terrace Ct, Tuskegee, AL 36088

    These newly renovated mid-term rentals are located within a mile from Tuskegee University. The property receives above market rents due to the proximity to university. Currently being used for student housing. Being rented by the bed, not by the door. Value add opportunity. This property has historically remained 95% occupied. With on site property management, and security. Premium

    Kimberly Johnson Hodges Real Estate

    704 Washington Chapel Terrace Ct, Tuskegee, AL 36088

Why Live in Tuskegee

Tuskegee, located in east-central Alabama, is a city with a rich historical legacy and a population of over 8,000 residents. Known for being the training site of the Tuskegee Airmen, the city is home to Tuskegee University, the only HBCU designated as a National Historic Site and offering ROTC programs for all military branches. The university remains a central attraction, contributing significantly to the local economy alongside the Central Alabama VA Medical Center. Tuskegee's historical significance is showcased through several museums, including the Tuskegee Airmen National Historic Site, the Tuskegee Human and Civil Rights Multicultural Center, and the George Washington Carver Museum. The Tuskegee Repertory Theater downtown highlights Black American history through performances. Housing in Tuskegee features mid-century homes, historic cottages, and bungalows, with many properties requiring some repairs. Outdoor attractions include Lake Tuskegee, popular for fishing and cycling, and Tuskegee National Forest, known for its hiking trails and diverse wildlife. Dining options are concentrated in the historic downtown area, with Vibezz Restaurants and Lounge being a notable spot. Tuskegee is car-dependent, with Interstate 85 providing access to Montgomery, located 40 miles away. Recent efforts have led to a decrease in crime, and the city experiences mild winters and hot summers.

Home Trends in Tuskegee, AL

Housing Trends

Median Sale Price
$85,701
Median Single Family Sale Price
$135,000
Average Price Per Sq Ft
$93
Number of Homes for Sale
8
Last 12 months Home Sales
16
Months of Supply
6.00
Median List Price
$123,750
Median Change From 1st List Price
9%
Median Home Sale Price YoY Change
75%
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