Montgomery AL Multi Family for Sale
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- 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:
- 1945
- Baths:
- MLS#:
- 565937
- Subdivision:
- Cloverdale
ADDITIONAL INFORMATION
Location. Location. Location. This 4 unit brick multi-family is located in Historic Old Cloverdale walking distance to Huntingdon College, The Capri, and Alabama State University. Mary Neeley Park is almost across the street with a lovely fountain. Each unit has Hardwood Floors, central Heating and Air, Dishwasher, and Washer and Dryer. The apartments are large with ample size living room and dining room. Tenants pay all utilities including water. There is a large backyard and a covered parking space assigned to each unit. This is a great Cloverdale building and each unit is well loved by the occupying tenant. Do not miss out on this amazing Investment opportunity.
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1975
- Baths:
- MLS#:
- 565864
- Subdivision:
- Springhill
ADDITIONAL INFORMATION
This duplex offers incredible versatility with two units totaling 4,456 sq ft conveniently located off Vaughn Road in Montgomery. The property resembles a traditional brick home from the outside, but just inside the double-door entry you'll find entrances to two separate units offering comfortable living. Unit 2111/A features 1,991 sq ft, including 3 bedrooms, 2 baths, a spacious living room, an open sunroom and has option to come fully furnished. Unit 2115/B is the larger unit at 2,465 sq ft and features 3 bedrooms, 2 baths, and spacious living room that opens to the kitchen. The separate sunroom leads outside to a backyard with an inground pool that is located behind this unit. Updates in the downstairs portion of this unit include new flooring, fresh paint, updated fireplace with built ins and granite countertops in kitchen. Each unit has the main bedroom and a bathroom on the first floor, its own driveway for parking and access to the private backyard. A new roof was installed in December 2022. This property is full of possibilities including large families seeking separate living spaces, rental investments, or AirBNB opportunities. The current owners reside in one unit and has successfully offered the other unit for rent on AirBNB, generating over $15,000 in rental income this year. Schedule your appointment today so you do not miss out on this unique opportunity!
- 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:
- 1940
- Baths:
- MLS#:
- 565848
- Subdivision:
- Ridgecrest
ADDITIONAL INFORMATION
DUPLEX!!! Investor Special, New Roof, on over a quarter acre Lot. Built as a duplex with 2beds/1bth on each side. Converted to a 4/2 single family, really easy to convert back!!...
- 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:
- 1927
- Baths:
- MLS#:
- 551657
- Subdivision:
- West Boylston
ADDITIONAL INFORMATION
A great opportunity to own a duplex just minutes from downtown. Side A is being rented for $675/mo. Owner financing available!
$1,375,000
3701 Wesley Drive Montgomery, AL 36111
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.55 Acres
- Year built:
- 1963
- Baths:
- MLS#:
- 7326558
- Subdivision:
- Normandale
View additional info
Courtesy: Keller Williams Buckhead
404-604-3800
ADDITIONAL INFORMATION
INVESTORS DREAM!!! 22-unit apartment building with huge upside potential. 15 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 that have yet to be renovated. Owner pays water and trash ($27/can) as well as the electricity for the outdoor lights. Potential monthly gross income for the 1 bdrm 1 bath units is $675 x 3 units=$2025, $875 x 15 units is $13125 and $950 x 4 =$3800. Therefore, the total potential gross monthly rental income is $18,950 or $227,400 annually.
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- 549786
- Subdivision:
- Burtonville
ADDITIONAL INFORMATION
Looking for a great flip or investment property in the growing downtown area? This duplex is perfect for the investor that doesn't mind putting in a little elbow grease. Home is conveniently located just steps from The National Memorial for Peace and Justice, Alabama State University, and many of the downtown attractions that bring visitors to our beautiful and historic capital city! You could easily earn steady income by renting one side to a faithful tenant and using the other side as an Airbnb! The possibilities are really endless with this property so contact your favorite REALTOR and check it out today!
- 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"
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1960
- Baths:
- MLS#:
- 518516
ADDITIONAL INFORMATION
Rents are pro-forma at $1050 per month for the 2 bedrooms and $875 per month for the 1 bedrooms. These pro-forma rents are easily attainable under the Section 8 program. PRICE JUST REDUCED BY $750000 for a fast cash sale which closes in 3 weeks. $50k earnest money deposit which goes hard and is not refundable but rather immediately goes to the buyer if buyer has not cancelled by end of the 10 day inspection period. The $50k will be credited to the purchase price. Lots of investors are now jumping on this incredible deal! Price was $1.5 million but seller is sacrificing the apartments. He paid $925k and put $200-$300 thousand k into the property! And there is one more surprise only to be revealed to the purchaser after proof of funds are shown. Are you a seasoned or new investor looking for an investment property in a hot market? Take a look at this 20-unit in a hot market? This property is a prime investment and when fully leased at pro-forma rents could generate over $260,000 per year and will be worth close to $1.4 million. There are 12 2-bedroom units that can be leased for up to $1050 per month and 8 1-bedroom units that can be leased for up to $875 per month. Also it has two storage rooms, convertible to efficiency apartments for an extra $12000 annual rents and possibly more. Montgomery, Al. was named the #1 historical city by USA Today in 2014 and is home to the only Hyundai car manufacturing plant in the U.S. Also, Montgomery had close to one million people visit the National Memorial for Peace and Justice Museum and the companion Legacy Museum since its opening in 2018. Come invest in Montgomery Alabama, the City of Dreams. PRICE JUST REDUCED BY $850k FOR A QUICK SALE!!! Must close in 21 days!!
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Montgomery Real Estate
The median home value in Montgomery, AL is $48,500. This is lower 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 $48,500. 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.