Montgomery AL Multi Family for Sale

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Type:
Cluster
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Year built:
1949
Baths:
MLS#:
567093
Subdivision:
South Hull District

ADDITIONAL INFORMATION

Great investment opportunity to add to your portfolio. Duplex with both units currently rented, each unit having 2 bedrooms and 1 bath. Tenants want to remain in the property, rent ledger provided. Please do not disturb the tenants. All appointments require a 24 hour notice and must be approved before showing. Great location, less than 10 minutes from downtown and local restaurants. Don't miss out on this great opportunity, call me today for a showing 334-314-4753.

Type:
Cluster
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Year built:
1950
Baths:
MLS#:
567089
Subdivision:
South Hull District

ADDITIONAL INFORMATION

Investors are welcome. Great investment property to add to your portfolio. Property is being sold as is. There is another multi-unit right next door 3444 & 3446 Wilmington Road that can be sold as a bundle MLS#567093. Tenants are in place and would love to remain with new owner. Don't miss out on this great opportunity. Please do not disturb tenants, all appointments require a 24 hour notice and must be confirmed before showing.

Type:
Cluster
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Year built:
1940
Baths:
MLS#:
568121
Subdivision:
Hannon & Jones

ADDITIONAL INFORMATION

A great opportunity to own a duplex just minutes from downtown. Unit A is a 3 bedroom 1 bath, Unit B is a move in ready 1 bedroom 1 bath. Call for more details!

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1950
Baths:
MLS#:
567046
Subdivision:
Burtonville

ADDITIONAL INFORMATION

Well-maintained all brick duplex has so much to offer! Upper and lower units each feature 2 bedrooms and 1 full bath, an open living space, neutral color palette, and charming touches such as wood floors, updated kitchen, and sunny bedrooms. Separate 1 car attached garages for convenience. Perfect way to build your investment portfolio or live in one unit and rent the other. Come take a look!

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1935
Baths:
MLS#:
566967
Subdivision:
Capitol Heights

ADDITIONAL INFORMATION

Welcome to 1907 & 1909 Madison Ave in Historic Capitol Heights! This duplex has been well maintained and is beautifully furnished enabling you to begin making money immediately. It could be ideal to live in one side and rent out the other or just rent both. It has been a consistent money maker for the current owner. Each unit is being sold fully furnished including a washer and dryer. 1909 has new HVAC, 1907 HVAC is approximately 12 years old. Both units have Ring Doorbells and coded locks on the front door. There is plenty of parking in both the front and back of the duplex. The back has space for seating, dining and relaxing. The property is conveniently located with close proximity to both Air Force bases, the interstate and downtown for work or play. Don’t let this fantastic investment property get away, let’s get a showing scheduled and make it yours! **Photos and video are of 1907 only as 1909 is currently occupied. Click virtual tour link for access to video.**

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1940
Baths:
MLS#:
566736
Subdivision:
Cloverdale/Idlewild

ADDITIONAL INFORMATION

Great investment opportunity in historic Cloverdale/Idlewilde! This charming duplex was originally a lovely 3 bedroom 1 bath home with all the character you expect in the Cloverdale area, and over the years, the attic space was expanded and converted, making the property a spacious, functioning duplex. First floor boasts living room, dining room, and huge eat-in kitchen with tons of counter and cabinet space. This unit also has a laundry room, 3 bedrooms, 1 bath, and a huge screened-in rear porch that runs the width of the property. Upstairs unit boasts a HUGE living room, kitchen with breakfast nook, two spacious bedrooms, 1 bath, and a laundry/utility room plus walk-in floored attic storage space. With $1,800 income per month, this is a no-brainer! Both units currently rented.

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1963
Baths:
MLS#:
566585
Subdivision:
Normandale

ADDITIONAL INFORMATION

INVESTORS DREAM!!! Great 22-unit apartment building with huge upside potential. 17 of 22 units have been fully renovated and have tenants in them. There remains seven units to be remodeled. This is a great investment. All 1 Bedroom units are 900+ square feet and the 2 Bedroom apartments are 1000+ Sq/Ft with large patio/balconies. There is an incredible courtyard out back offering residents a place to rest and relax among nature. Two of the members of the company who owns the property are licensed Alabama and Georgia real estate agents There are three 1 bedroom 1 bath units, all have been renovated. There are fifteen 2 bedroom 1 bath units, all but three have been renovated. There are four 2 bedroom 2 bath units, all but two have been renovated. Owner pays water and trash ($27/can) as well as the electricity for the outdoor lights. Potential monthly gross income for the 1 bedroom 1 bath units is $675 x 3 units=$2,025, $875 x 15 units is $13,125 and $925 x 4 units =$3700. Therefore, the total potential gross monthly rental income is $18,850 or $226,200 annually.

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1927
Baths:
MLS#:
566510
Subdivision:
West Boylston

ADDITIONAL INFORMATION

A great opportunity to own a duplex just minutes from downtown. Side A is being rented for $675/mo.

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1945
Baths:
MLS#:
566410
Subdivision:
Vandiver Place

ADDITIONAL INFORMATION

Amazing opportunity to take possession of a FULLY RENOVATED quadplex just minutes from downtown Montgomery. 3 of the 4 residences are occupied. Each unit is rented out for $650 and all tenants pay their own utilities. All systems were replaced during renovations, don't miss out on this amazing opportunity. Give us a call today, we look forward to hearing from you!

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1915
Baths:
MLS#:
566230
Subdivision:
Capitol Heights

ADDITIONAL INFORMATION

This cash-flowing triplex is low maintenance, high return and ready for it's new owner! ALL Apartments are fully leased, bringing in over $5,000 A MONTH!!! The two upstairs apartments are high-demand one bedroom apartments with mid-term tenants in place. The downstairs 3 bedroom and 2 bath apartment is ideal for an occupant owner, short term rental, or traditional tenant. Each apartment has been curated with a unique style and design. No cookie-cutter, basic design style here! Each apartment has stainless steel appliances, electric water heater, high efficiency washer and dryer, and electric HVAC unit. Residents have a sense of security and privacy with the fully fenced parking lot which accommodates 6 vehicles and a fenced greenspace in the front for guests to relax year-round. Residents will love both the accommodations and prime location. Located in Capitol Heights this neighborhood is loved for it's historic charm, proximity to Maxwell AFB, downtown and more!

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1975
Baths:
MLS#:
565864
Subdivision:
Springhill

ADDITIONAL INFORMATION

ONE-OF-A-KIND DUPLEX WITH EXCEPTIONAL INVESTMENT POTENTIAL IN CARRIAGE HILLS! Discover this rare, spacious duplex, conveniently located off Vaughn Road in Montgomery offering two separate units, totaling 4,456 sq ft, ideal for large families, rental investments, or Airbnb opportunities. Unit 2111/A: This 1,991 sq ft unit features 3 bedrooms, 2 baths, a spacious living room, & an inviting sunroom. This unit can come fully furnished, making it move-in ready and perfect for immediate income potential from short-term rentals. Unit 2115/B: The larger unit at 2,465 sq ft includes 3 bedrooms, 2 baths & a generous living room that opens to the kitchen which retains classic charm. The large sunroom leads to a private backyard with an inground pool, perfect for entertaining or relaxation. Recent updates include new flooring, fresh paint, and a stunning stone fireplace with built-ins on the first floor, adding a touch of elegance and warmth to the living space. The kitchen also features beautiful granite countertops. Each unit has a main bedroom and a bathroom on the first floor, separate driveway for parking, access to the private backyard, new roof installed in Dec. 2022 & new pool liner July 2024. This property is a standout investment opportunity with multiple revenue streams. The current owners reside in one unit and have successfully rented Unit 2111/A on Airbnb, generating over $32,000 in rental income since March 2023. With Unit 2111/A available fully furnished, it offers immediate income potential from the day of closing. Imagine living in one unit while the rental income from the other side helps pay most of your mortgage, making your living costs nearly free. Additionally, the unique setup of two separate units provides flexibility for long-term rentals, short-term vacation rentals, or combination of both, maximizing your return on investment. Schedule an appointment to explore this unique opportunity & envision the endless possibilities this duplex has to offer.

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
565871

ADDITIONAL INFORMATION

**Charming Historic Tri-Plex Investment Opportunity** Discover an exceptional investment opportunity with this beautifully maintained tri-plex, ideally situated in a desirable neighborhood. This two-story property features elegant wood floors throughout, adding a touch of warmth and character to each unit. Unit 1314: This spacious unit boasts a welcoming den, a bright living room, and a dedicated dining area, perfect for entertaining. The completely updated kitchen features modern appliances and stunning finishes, making it a chef's dream. Enjoy the convenience of a washer and dryer hookup and step outside to relax on your private deck. Units 1316A&B: These cozy units shares inviting front and back decks, offering a communal outdoor space for relaxation and socializing. While it doesn’t include a washer and dryer hookup, it maximizes comfort and convenience with ample living space. Additional Features: - Central heating and air conditioning for year-round comfort. - Tenants are responsible for all utilities, yard maintenance, pest control, and air filter replacements, simplifying management for the owner. - Potential monthly income of $2,175, making this property a lucrative addition to your investment portfolio. Don’t miss this chance to own a charming tri-plex with strong rental potential. Schedule your viewing today and envision the possibilities!

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1950
Baths:
MLS#:
565269

ADDITIONAL INFORMATION

Wonderful Fourplex in Historic Capitol Heights Neighborhood! All four units have identical floor plans. The units have durable hardwood floors and central heating/air systems. The downstairs rooms are composed of the living room, dining area, kitchen, & laundry area. Upstairs there are two bedrooms and one bathroom. Call today to view this Great???????????????????????????????? Investment!

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1910
Baths:
MLS#:
565181

ADDITIONAL INFORMATION

Welcome to this charming property located at 2028 Madison Ave in Montgomery, AL. This inviting residence offers a perfect blend of modern amenities and classic character, making it an ideal choice for families and professionals alike. As you step inside, you'll be greeted by spacious living areas filled with natural light, perfect for entertaining or relaxing. The well-appointed kitchen boasts ample counter space, making meal preparation a breeze. Enjoy cozy evenings in the comfortable bedrooms, each designed for restful nights. Situated in a friendly neighborhood, this home provides easy access to local parks, shopping, and dining options, ensuring convenience at your fingertips. Great investment opportunity with all 3 units currently leased!

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1940
Baths:
MLS#:
560076
Subdivision:
Graham Powell

ADDITIONAL INFORMATION

Investor Special!!! The duplex has been well maintained and is looking for a buyer. There is 2 bedrooms and 1 bathroom in each unit. The roof was replaced in 2019 and new doors and windows 2021. This is a must see.

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Baths:
MLS#:
559456
Subdivision:
McGehee Estates

ADDITIONAL INFORMATION

Centrally located Quad-Plex- close to schools, shopping, YMCA, restaurants and so much more! This complex has 3 apartments (townhouse style, 2 bedrooms and 2.5 bathrooms), 1 flat unit (3 bedrooms, 2 bathrooms). Detached garage and separate storage space for each unit. On-site laundry room. Conveniently located courtyard in center of complex. Call today for more information or to schedule a private showing.

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1948
Baths:
MLS#:
560062
Subdivision:
Southmont

ADDITIONAL INFORMATION

Welcome to this 4-plex apartment building, a rare gem situated in a desirable neighborhood. This property offers four spacious units, each featuring 2 bedrooms and 1 bathroom which should bring in approximately $50K in rents per year. This property is perfect for investors looking for a rare opportunity to own a 4 plex and could even be used as an Airbnb because of the close proximity to historic downtown Montgomery. Fully vacant and ready for occupancy providing the flexibility to select your own tenants. Property can be shown easily because all units are vacant.

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1950
Baths:
MLS#:
560059
Subdivision:
Uplands

ADDITIONAL INFORMATION

Great Investment Opportunity! This duplex in Midtown Montgomery would be a perfect opportunity for a seasoned investor to add to his/her portfolio or a new investor to start a real estate portfolio. Each side has 2 bedrooms, 1 bath and a large family room/dining room. The kitchen has a stove, refrigerator with W/D connections. The kitchen flooring is tile and all floors throughout the home are the original hardwood that has been restored. The bathroom is all tile with updated fixtures. Also, there is a lot of closet space throughout the home and in both bedrooms and a spacious closet in the upstairs hallway. Heating and cooling are provided by large efficient LG window units for both levels. There is common foyer entrance for both tenants but all doors are secure. You could even live on one side and rent the other side to a tenant or rent out both sides. Can get as much as $1000/month rent on the vacant side. Don't miss out on this investment opportunity.

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1956
Baths:
MLS#:
558753
Subdivision:
Normandale

ADDITIONAL INFORMATION

6 unit apartment building for only $350,000! Each unit is 2-bedroom, 1 bath. 3 occupied and 3 vacant. The 6-plex had electrical systems updated complying with electrical code inspections in the past. One unit still needs a minor work to get rent ready. 2 units section 8 rented at $595 Another 20yr long tenant pays $650 p/month. This investment property is already generating income monthly and has for decades. This is your chance to build your portfolio, increase your monthly revenue, and also provide affordable housing to the citizens of Montgomery, AL. Call your favorite agent to schedule your showing today.

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1925
Baths:
MLS#:
555019

ADDITIONAL INFORMATION

Introducing a prime investment opportunity in the heart of Montgomery, AL. This beautiful property at 1215 South Hull Street boasts 3,269 SF and was renovated in 2024. This triplex offers exceptional investment potential for multifamily investors. Built in 1925, the property is rich with historic charm and presents a stellar opportunity to capitalize on the growing demand for residential spaces in the Montgomery area. Unit A is a 2 bedroom/1 bath, Unit B is a 3 bedroom/1 bath, Unit C is a 2 bedroom/1 bath. Completely rewired in 2024, New Plumbing 2024, New windows, and new roof installed October 2023. A combination of LVP, Tile and Carpet. No Appliances. Separate front and rear entrances in each. All 3 units have motion detectors. Walking distance to Alabama State University 2 min (0.3 mi). Ready for your college rental just in time for the new school year. For more information or to schedule your showing contact Kimberly Johnson.

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1875
Baths:
MLS#:
549697
Subdivision:
Oakley

ADDITIONAL INFORMATION

Duplex with income of $575 & $495. great investment property

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1996
Baths:
MLS#:
525282
Subdivision:
Tyson

ADDITIONAL INFORMATION

Property is "as IS"

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Andrea D. Conner, License 000112954-0, Xome Inc., License C000100267, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. Listing information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. The information being provided is for consumers’ personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®. Real estate listings held by brokerage firms other than Xome Inc. are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.



Montgomery Real Estate

The median home value in Montgomery, AL is $150,000. This is higher than the county median home value of $136,100. The national median home value is $338,100. The average price of homes sold in Montgomery, AL is $150,000. Approximately 45.25% of Montgomery homes are owned, compared to 39.35% rented, while 15.4% are vacant. Montgomery real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Montgomery real estate agent to arrange a tour today!

Montgomery, Alabama has a population of 201,022. Montgomery is less family-centric than the surrounding county with 22.55% of the households containing married families with children. The county average for households married with children is 23.51%.

The median household income in Montgomery, Alabama is $49,989. The median household income for the surrounding county is $52,511 compared to the national median of $69,021. The median age of people living in Montgomery is 36.1 years.

Montgomery Weather

The average high temperature in July is 91.4 degrees, with an average low temperature in January of 35.2 degrees. The average rainfall is approximately 51.1 inches per year, with 0.2 inches of snow per year.

Montgomery Real Estate Market Conditions

  • Median sales price

    $150,000
    16.6% change since last quarter
  • # Active listings

    1,096
    30-day change

Montgomery Schools and Demographics

Education near Montgomery, AL

Metric City County
High School Graduates 87.44 87.73
College Degree - 2 year 7.69 7.71
College Degree - 4 year 33.01 33.36
Graduate Degree 10.2 10.12
Expenditures per Student 10,103 10,103
Students per Teacher 20.9 20.9

Elementary Schools near Montgomery, AL

School Grades Students P/T Ratio ZIP
Bear Exploration Center KG - 05 561 20.8 36111
Brewbaker Intermediate School 03 - 05 635 20.5 36116
Brewbaker Primary School PK - 02 807 17.2 36116
Carver Elementary School PK - 05 463 13.6 36108
Catoma Elementary School PK - 05 327 20.4 36108
Chisholm Elementary School PK - 05 614 19.2 36110
Crump Elementary School KG - 05 576 19.2 36116
Dalraida Elementary School KG - 05 813 19.4 36109
Dannelly Elementary School KG - 05 600 17.1 36111
Davis Elementary School PK - 05 507 16.7 36105
Dozier Elementary School PK - 05 419 16.8 36117
E D Nixon Elementary School PK - 05 509 19.6 36104
Fitzpatrick Elementary School KG - 05 584 19.5 36116
Flowers Elementary School KG - 05 381 17.3 36109
Floyd Elementary School KG - 05 348 17.4 36111
Forest Avenue Elementary School KG - 05 736 18.9 36106
Halcyon Elementary School KG - 05 657 18 36117
Highland Avenue Elementary School KG - 05 418 19 36107
Highland Gardens Elementary School KG - 05 443 16.4 36107
James W Wilson Junior Elementary School PK - 05 552 19.7 36117
Johnson Elementary School KG - 05 494 17 36116
Macmillan International Academy KG - 05 364 17.3 36116
Martin Luther King Elementary School PK - 05 449 18.7 36108
Morningview Elementary School KG - 05 553 17.8 36109
Southlawn Elementary School KG - 05 303 17.8 36108
T S Morris Elementary School KG - 05 570 18.9 36108
Vaughn Road Elementary School KG - 05 528 17.6 36106
Wares Ferry Road Elementary School KG - 05 407 17.7 36117
William Silas Garrett Elementary School KG - 05 573 17.9 36117
Wynton M Blount Elementary School KG - 05 606 20.9 36117

Middle Schools near Montgomery, AL

School Grades Students P/T Ratio ZIP
Baldwin Art and Acadcs Magnet 06 - 08 555 16.7 36104
Bellingrath Jr. High School 06 - 08 636 21.9 36105
Brewbaker Junior High School 06 - 08 857 22 36116
Capitol Heights Junior High School 06 - 08 605 20.2 36107
Floyd Middle School 06 - 08 504 21 36111
Goodwyn Junior High School 06 - 08 588 22.6 36109
Harrison Elementary School PK - 05 230 36105
Hayneville Road Elementary School KG - 05 301 36108
Head Elementary School KG - 06 473 36109
Houston Hill Junior High School 07 - 08 286 36104
Johnnie R Carr Junior High School 06 - 08 883 22.4 36117
McIntyre Middle School 06 - 08 358 36108
Southlawn Middle School 06 - 08 624 17.3 36108
Walter T McKee Elementary School KG - 06 614 36116
Walter T McKee Junior High School 06 - 08 818 18.6 36116

High Schools near Montgomery, AL

School Grades Students P/T Ratio ZIP
Booker T Washington Magnet High School 09 - 12 497 15.5 36104
Brewbaker Tech Magnet High School 09 - 12 568 15.3 36116
Carver Senior High School 09 - 12 1,321 21.1 36108
Jefferson Davis High School 09 - 12 2,013 19.1 36111
Lanier Senior High School 09 - 12 848 16.5 36104
Lee High School 09 - 12 1,566 21.8 36107
Loveless Academic Magnet Program High School 09 - 12 488 14.6 36108
Montgomery Technical Education Center 09 - 12 212 13.3 36108
Park Crossing High School 09 - 12 958 20.6 36117

Ungraded Schools near Montgomery, AL

School Grades Students P/T Ratio ZIP
* Montgomery Preparatory Academy for Careers+D2818 10 - 12 0 36108
* Second Chance 07 - 12 0 36106
Brantwood Children's Home UG - UG 0 36107
Childrens Center PK - 12 92 94 36107
Montgomery Youth Fac. 04 - 12 0 36108
Paterson Acad. of Creative Ed 06 - 12 65 5.4 36108
Safety Net Crossings 06 - 12 0 36117
Safety Net Villa 06 - 12 0 36117

Demographics near Montgomery, AL

Metric City County
Neighborhood Type
Population 201,022 229,072
Population Density 1,258 292
Median Age 36.1 36.8
People per Household 2.5 2.5
Median Household Income 49,989 52,511
Average Income per Capita 29,038 30,100