623 38th Street

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Address: 623 38th St, Tuscaloosa, AL 35405, USA
Atlanta & Southeast + Apartment Buildings
Created date: August 13, 2025
Date last updated: September 30, 2026
Price: $219,900Investment Analyzer NEW!

Property Description

Ideal investment opportunity. 100% occupied. TriPlex Three "2-bedroom 1-bath" units for a total of six bedrooms and three bathrooms under one roof. Leases in place for all three units. Westerly most unit recently completely remodeled with granite countertops. Recently purchased new refrigerators and stoves in all units. Each unit has two dedicated off-street parking spaces. Total gross rents: $1850/month ($22,200 annually) 7% Cap Rate 72 hours notice to show interior of apartment units. Only cash or cash equivalent contract considered. No contingencies for financing. Owner is a licensed real estate broker in the state of Alabama. Owner is acting as listing agent.

Key Property Information

Listing Status: Pending Sale
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $219,900
Lot Size: 2,482.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 623 38th Street, Tuscaloosa, AL 35405, USA
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Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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