500 TUSCALOOSA AVENUE SW, Birmingham, AL 35211

Local realty services provided by:ERA Waldrop Real Estate
500 TUSCALOOSA AVENUE SW,Birmingham, AL 35211
$1,900,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: shayla dotson, dany key
Office: first class realty services, l
MLS#:21449152
Source:AL_BAMLS

Price summary

  • Price:$1,900,000

About this home

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.

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Home facts

  • Year built:1978
  • Listing ID #:21449152
  • Added:1 day(s) ago
  • Updated:April 08, 2026 at 11:41 PM

Rooms and interior

  • Flooring:Laminate, Wall-to-Wall Carpet

Heating and cooling

  • Cooling:Central Control
  • Heating:Central Conrol

Structure and exterior

  • Year built:1978
  • Construction Materials:Brick and Frame
  • Foundation Description:Slab

Schools

  • High school:PARKER
  • Middle school:ARRINGTON
  • Elementary school:WASHINGTON

Utilities

  • Water:Public Water
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,900,000