500 Tuscaloosa Avenue Sw Birmingham, AL $ 1,900,000
500 Tuscaloosa Avenue Sw
$ 1,900,000
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500 Tuscaloosa Avenue Sw

Birmingham, AL, 35211
$ 1,900,000
Bedrooms40 Baths20.0

Monthly Estimate*

$ 11,699

500 Tuscaloosa Avenue Sw, Birmingham, AL 35211 - Image 1
500 Tuscaloosa Avenue Sw, Birmingham, AL 35211 - Image 2
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500 Tuscaloosa Avenue Sw, Birmingham, AL 35211 - Image 9
500 Tuscaloosa Avenue Sw, Birmingham, AL 35211 - Image 10
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Multi-Family Home for sale in Birmingham, AL

for $1,900,000 with 40 bedrooms and 20 full baths. This home was built in 1978.

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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Multi-Family Active

Price

$ 1,900,000

Bedrooms

40

Full Bath

20

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Year Built

1978

Town/City

Birmingham

County/Region

Jefferson

MLS | Web ID

21449152

Features
General
Heating Central Control (HEAT)
Cooling Central Control (COOL)
Development Status Existing
Water Public Water
Status Active Active
Year Built 1978
Parking 1 Space per Unit
Tenant Pays Cable/TV Connect (TENANT) Electric (TENANT) Other
Subdivision ARLINGTON AL
Water Heater Electric Tankless
County Jefferson
Class MULTIFAMILY
Type Apartment
Miscellaneous None/Other
Sale/Rent For Sale
Status Detail 0
Area Ensley Fairfield Midfield Wes
Primary City Birmingham
Virtual Tour https://www.propertypanorama.com/instaview/bham/21449152
High School PARKER
City BIRMINGHAM
Financing Cash Conventional
Elementary School WASHINGTON
Middle School ARRINGTON
Legal Description BEING LOT 1-A BLK 1 RESURVEY LOTS 1 2 3 & PT 4 BLK 1 KENILWORTH
DOM 3
Postal Code 35211
Price Per Sq Ft Total AG 1
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Exterior
Exterior Brick and Frame
Foundation Slab
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Interior
Floors Laminate Wall-to-Wall Carpet
Total Number of Units 20
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* Excluded Features
List By
First Class Realty Services, L

Broker

shayla@1stclassrealtyservices.com

Email

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$11,699
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Monthly Principal & Interest
$11,699
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
579667 Elementary School
579983 Middle School
Parker High School High School
Pricing History
DatePricePrice ChangeDescription
4/8/2026$1,900,000 Listed Price

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500 Tuscaloosa Avenue Sw, Birmingham, AL, 35211 is a Multi-Family Home for sale at $1,900,000. 500 Tuscaloosa Avenue Sw has 40 bedrooms, 20.0 baths, and was built in 1978. The property's zip code is 35211 which is in Birmingham, AL