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#21420064, Abby Pate, Listing office: Keller Williams Realty Hoover
Property details
About 1506 8th St
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 personal floor and is finished with ceramic tile throughout, granite countertops, stainless steel appliances, and in-unit security systems. Strong rental history with consistent renewals and zero vacancy. Ample parking available for tenants. Located in the heart of campus near Bryant-Denny Stadium, this is a rare opportunity to own a high-performing asset in one of Tuscaloosa’s most desirable rental corridors!
Highlights
Home typeMulti Family
StatusActive
Size11,988 sqft
Lot size0.35 Acres
MLS #168963
Summary
- List Price: $5,280,000
- Price/SqFt: $440
- Annual Tax Amount: $14,123
- Tax Year: 2023
- Directions: Head north on Hackberry Lane from 15th St, turn left onto 8th Street, 1506 8th St will be on your left.
- Living Area: 11,988 SqFt
- Lot Size: 0.35 Acres
- MLS Number: 168963
- MLS Name: WestAlabamaMLS
- Office Name: Keller Williams Hoover
- Office Phone: (205) 822-2272
- Office Email: klrw555@kw.com
- Listing Agent: Abby Pate
Information is provided by West Alabama Multiple Listing Service, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 West Alabama Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 5:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 14, 2013 | Home Sold | $283,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $274,240 | $14,123 |
| 2022 | $276,900 | $14,260 |
| 2021 | $279,540 | $14,260 |
| 2020 | $222,360 | $14,396 |
| 2019 | $222,360 | $11,451 |
| 2018 | $222,360 | $11,451 |
| 2017 | $222,360 | $11,451 |
History based on county public records data.
Nearby schools
3
Matthews Elementary School
Public District KG-5
1.1 mi
•1225 Rice Mine Rd
5
Central Elementary School
Public District PK-5
1.2 mi
•1510 Dinah Washington Ave
6
University Place Elementary School
Public District PK-5
1.5 mi
•2000 1st Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $14,957. The majority of Tuscaloosa, AL residents have income less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
72%
<35k
24%
35k-100k
3%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
82%
Single, No Kids
2%
Single, with Kids
11%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
3%
<11 yrs old
1%
12-17 yrs old
74%
18-34 yrs old
16%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Pro Wrestling
Major League Soccer (MLS)
Where do the neighbors shop?
Express/Express For Men
Burlington
Banana Republic
Where do the neighbors go to eat?
Starbucks
Cicis Pizza
Sonic
What do the neighbors drive?
Pontiac
Infiniti
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Talk/Personality
All data provided by Home Junction and Claritas
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#21420063, Abby Pate, Listing office: Keller Williams Realty Hoover
Frequently asked questions
About 1506 8th St
The listing price of 1506 8th St property is $5,280,000.
The property 1506 8th St is a multi located in Tuscaloosa, Alabama, 35401.
Active Listing: 1506 8th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1506 8th St are: Matthews Elementary School (GreatSchools Rating 3/10), Central Elementary School (GreatSchools Rating 5/10), University Place Elementary School (GreatSchools Rating 6/10), Collins-Riverside Middle School (GreatSchools Rating 4/10), Westlawn Middle School (GreatSchools Rating 1/10), Tuscaloosa Magnet School Middle School (GreatSchools Rating 10/10), Central High School (GreatSchools Rating 1/10), Northridge High School (GreatSchools Rating 7/10), Holt High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $14,123 (source: MLS/based on county public records data).
The last sale was on June 14, 2013 for $283,500 (source: MLS/tax record).
The property 1506 8th St is 11,988 SqFt (source: MLS/tax record).
This home is located at 1506 8th St in Tuscaloosa, AL and zip code 35401. This 11,988 square foot home sits on a 0.35 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 28, 2025 and is currently priced at $5,280,000.
In June 2025 more than 17 listings in Tuscaloosa, AL were sold above the asking price. During the same period more than 53 listings were sold at asking price, while more than 63 were sold below. The inventory of homes for sale in Tuscaloosa, AL between May and June 2025 decreased by 4.3%. In June 2025 median list price was $265,000 and the average listing age was 41 days.
From Rocket Homes Real Estate and based on county public records data.