Montgomery AL Multi Family for Sale
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1936
- Baths:
- MLS#:
- 563634
- Subdivision:
- Capitol Heights
ADDITIONAL INFORMATION
**Charming Capitol Heights Duplex with Updates** Discover this beautifully maintained duplex in Capitol Heights, featuring two updated units with contemporary amenities. - Unit #2232: 2 bedrooms, 1 bath. Features tile kitchen floors, quartz countertops and tile backsplash - Unit #2230: 1 bedroom, 1 bath. (Pictures coming soon!) Both units boast updated kitchens and bathrooms, fresh paint throughout, updated light fixtures and include kitchen appliances along with a washer/dryer set. Key upgrades such as a new roof, HVAC system, and water heaters were completed in 2021. Electrical has also had updates recently. Ideal for investors or those seeking to live in one unit while renting out the other. Don’t miss this fantastic opportunity!
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1928
- Baths:
- MLS#:
- 563204
- Subdivision:
- Garden District
ADDITIONAL INFORMATION
Great investment opportunity. All systems and condition unknown to seller or agent. Seller has never lived in the property. Sold AS-IS, WHERE IS. No Seller concessions will be paid. No contingencies accepted. CASH ONLY. All systems and Schools to be verified by purchaser. 1214 - Vacant 1216 - Lease ending May 1, 2025, tenant pays on time - $600 per month NO showings until property is under contract.
$130,000
643 OAK Street Montgomery, AL 36108
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1945
- Baths:
- MLS#:
- 561817
- Subdivision:
- Moses
ADDITIONAL INFORMATION
GREAT INVESTMENT OPPORTUNITY!!! FOUR 1 BEDROOM 1 BATH UNITS. Imagine the possibilities with this quadplex. 4 tenants under one roof! Each unit pays their own power. Building is on one water meter.
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1890
- Baths:
- MLS#:
- 561735
- Subdivision:
- Cloverdale/Idlewild
ADDITIONAL INFORMATION
Located in the heart of the historic downtown Montgomery area, this charming triplex is a wonderful opportunity for anyone looking to invest in real estate. The property consists of three separate units, with the first two units located in the front of the building boasting stunning stained glass features, beautiful 12 feet ceilings, and intricate crown molding that adds to the property's unique and historic character. Each of these units has been lovingly maintained, and the beautiful architectural details throughout are sure to impress. Whether you are looking to live in one of the units and rent out the others, or simply add to your investment portfolio, this triplex is an excellent opportunity to take advantage of the bustling downtown Montgomery market. The third unit has been added onto the original house, creating a versatile living space that could serve as a rental or guest suite. With its own separate entrance and private amenities, this unit offers plenty of potential for additional rental income. In short, this triplex offers a rare chance to own a piece of Montgomery's rich history while also enjoying all of the modern amenities and conveniences that come with owning a well-maintained investment property. Don't miss your chance to own this unique and charming property. 1233 3D Tour here: https://my.matterport.com/show/?m=T6tieoG7x8F 1235 3D Tour here: https://my.matterport.com/show/?m=MVpg5QeL1PG
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1930
- Baths:
- MLS#:
- 561425
- Subdivision:
- Earl Place
ADDITIONAL INFORMATION
Great investment opportunity. All systems and condition unknown to seller or agent. Seller has never lived in the property. Sold AS-IS, WHERE IS. No Seller concessions will be paid. No contingencies accepted. CASH ONLY. All systems and Schools to be verified by purchaser. 470 A - Vacant 470 B - tenant month to month and wants to remain and tenant pays on time - $675 per month NO showings until property is under contract.
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 561450
- Subdivision:
- Highland Park
ADDITIONAL INFORMATION
This duplex property is a great investment located in Midtown Montgomery near Jackson Hospital and only minutes away to the interstate, downtown Montgomery and numerous shopping and dining locations. Each side has one bedroom and one bath and one side is currently leased at $400 per month but tenant is on a month-to-month lease. After fixing up the units and getting them rent ready, you could increase the rent to as much as $875 per month under the Section 8 program and have the government guarantee your rental income. Property should be valued at over $100,000 after obtaining optimum rents. Best of all tenants pay all utilities even water and garbage. Act quickly to add this property to your rental portfolio.
- 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:
- 1935
- Baths:
- MLS#:
- 559816
- Subdivision:
- Capitol Heights
ADDITIONAL INFORMATION
Attention Investors this fully renovated tenant-occupied 6 unit multiplex is a Dream come true! Its strategic location near downtown Montgomery ensures a high demand for rental units, translating to low vacancy rates and a steady income stream. Units A, B, C, D are located in the front and units E and F are located in the rear. They're five 2 bedroom 1 bth units and one 3 bedroom one bath unit. The modern amenities, ample parking, and inviting common areas make this property a standout choice for renters, further enhancing its investment potential. Every unit in this multiplex is designed with tenant comfort and convenience in mind. The units have been upgraded with new flooring, carpet and new interior paint. These units includes a generously sized living room, bedrooms, a fully equipped kitchen, a refrigerator, and a modern tub-shower combo, ensuring a comfortable living experience. The proximity to downtown Montgomery offers tenants easy access to a variety of dining, entertainment, and shopping options, as well as convenient connectivity to major highways. *Bonus Features* *Roof is less than 10 years old* Electrical and Plumbing are Operable* Tenants are Responsible for their own utilities* Additionally, Under Apartment A there is a potential laundry room for the tenants and property sits on over half an acre lot* This prime location is sure to attract quality tenants, making it an excellent addition to any investment portfolio. Don't miss out on this fantastic opportunity to own a fully renovated, tenant-occupied multiplex in a thriving area. With its combination of modern features, excellent location, and strong investment potential, this property is poised to deliver long-term value and returns. Contact me or your favorite realtor today and schedule a viewing to secure this exceptional investment property!
- 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.
Open House:
Sunday, 9/29 11:00-1:00PM
- 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:
- 1970
- Baths:
- MLS#:
- 554007
ADDITIONAL INFORMATION
Unique investment opportunity located near ASU and Cloverdale area. This apartment complex includes 2 Quads and 1 Duplex for a total of 10 units. The duplex apartments are both 2 bedroom, 1 bath with kitchen, large living room, washer/dryer connection, and a room that can be used for formal dining/office space/etc... Both quad buildings are set up with 1 bedroom/1 bath apartments with separate parking lots. All apartments have individual meters for both power and water for tenant to have their own utility service. Renovations have been started in all 9 vacant units. Some are further along in the process than others and wouldn't take much more to make those rentable sooner rather than later. One unit is currently occupied with a long term tenant and is looking forward to having some neighbors. Contact me or your favorite realtor to set up your tour today!
- 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:
- 1940
- Baths:
- MLS#:
- 542228
- Subdivision:
- West Kensington
ADDITIONAL INFORMATION
SOLD AS IS! This is a multi-family unit with 2 bedrooms and 1 full bath on each side.
- 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 $750k FOR A QUICK SALE!!!
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Montgomery Real Estate
The median home value in Montgomery, AL is $32,000. This is lower than the county median home value of $83,100. The national median home value is $219,700. The average price of homes sold in Montgomery, AL is $32,000. Approximately 59.28% of Montgomery homes are owned, compared to 26.78% rented, while 13.94% 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 200,761. Montgomery is less family-centric than the surrounding county with 24.1% of the households containing married families with children. The county average for households married with children is 24.86%.
The median household income in Montgomery, Alabama is $44,339. The median household income for the surrounding county is $46,545 compared to the national median of $57,652. The median age of people living in Montgomery is 35 years.
Montgomery Weather
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 35.3 degrees. The average rainfall is approximately 52.2 inches per year, with 0.2 inches of snow per year.