Exceptional investment opportunity showcasing two beautifully renovated luxury units, each offering 2 bedrooms and 1 bathroom with spacious, thoughtfully designed living areas. This turnkey multi-family property has been extensively updated with a brand-new roof, new windows, and new doors, delivering both style and peace of mind. Inside, each unit features fresh modern finishes including stainless steel appliances, granite countertops, rich wood flooring, and fully remodeled interiors designed to impress today’s discerning tenants or owner-occupants alike. One unit is currently leased, creating immediate income potential from day one while offering the perfect opportunity for an owner-occupant to live in the second unit and offset their mortgage with rental income. Whether you are an investor seeking a strong addition to your portfolio or a buyer looking for luxury living with built-in income potential, this property delivers exceptional versatility. Ideally located at 1324 Federal Drive in Montgomery, this property offers convenient access to Downtown Montgomery, Gunter Annex, major interstates, shopping, dining, and everyday essentials. The area continues to see infrastructure improvements and benefits from strong commuter accessibility, making it attractive for long-term tenants and owner-occupants alike. Nearby shopping centers, local restaurants, parks, and entertainment options add to the property’s appeal. With proximity to Alabama State University, Huntingdon College, and Faulkner University, this location offers broad rental demand and excellent connectivity across the city. A rare opportunity to own a low-maintenance, income-producing property with upscale finishes in a highly convenient Montgomery location.
Excellent opportunity for investors or owner occupants! This well maintained 4 unit (each have 2 bedroom 2 bath) property offers strong income with one vacant unit ready for immediate occupancy. Live in the vacant unit while generating rental income from the other three occupied units, or add this property to your investment portfolio as a fully functional multi-family asset. Ideal for owner occupied income producing living or long term investment with steady cash flow and flexible living options. All units feature stainless steel appliances, fireplaces, tile, tray ceilings in both the common area and primary bedroom, wood flooring, and granite counters in the bathrooms. These units have been upgraded through and through. Owner has already installed a new roof, new windows and some exterior doors, flooring, and fixtures. This is the perfect low maintenance investment to add to your portfolio.
This charming multifamily duplex offers a unique blend of historic character and modern updates, making it an ideal choice for an owner-occupant or a savvy investor looking for a high-potential rental. The exterior features a timeless aesthetic with a classic stone-and-iron gated entry and large, mature trees that provide a serene, private atmosphere. Inside, the units showcase beautiful hardwood flooring, elegant arched doorways, and custom built-ins that frame a stunning stone fireplace, preserving the home’s original warmth while catering to contemporary tastes. The property consists of two distinct units: a comfortable two-bedroom, one-bathroom space and a spacious two-bedroom, two-bathroom layout. Both units feature modern kitchens with white cabinetry, subway tile backsplashes, and stainless steel appliances. The bathrooms have sleek vanities, matte black fixtures, and clean tile work. With its versatile floor plans and move-in-ready condition, this duplex is perfectly positioned to serve as a long-term investment or a stylish multi-generational living solution.
Investment opportunity! Duplex on quiet street with one unit rented for $550 per month. The other unit was previously rented for $550 a month as well. Property is being sold as is. Per the previous owner, plumbing and electrical have been updated. Mini splits installed in 2021.
Discover a prime investment opportunity or versatile multi-generational living setup with this beautifully maintained brick duplex. Characterized by its classic architectural details and inviting curb appeal, this property seamlessly blends traditional charm with modern updates, including 30-year architectural shingles installed just two years ago. One unit features a spacious two-bedroom, one-bathroom layout, while the second unit offers a cozy one-bedroom, one-bathroom configuration. Currently operating as an Airbnb, the interiors boast bright, airy living spaces, original hardwood flooring, and a decorative fireplace that serves as a stunning focal point in the main living area. Each unit is designed for comfort and convenience, featuring updated kitchens with crisp white cabinetry and contemporary appliances. The bedrooms are generously sized, highlighted by large windows that flood the rooms with natural light and stylish finishes that appeal to short-term guests and long-term tenants alike. Outdoor features include a charming arched brick entryway and a shared deck area, perfect for enjoying the peaceful neighborhood surroundings. Situated behind the residence is a multi-vehicle garage and a multi-room workshop, providing incredible utility for storage, hobbies, or professional projects. Whether you are looking to expand your rental portfolio or occupy one side while offsetting your mortgage with the other, this turnkey duplex offers exceptional value!
Four-Unit Apartment Building in WALKABLE AREA to Frenchies, Vintage Cafe, Filet & Vine, and Pine Bar. This is an all brick building that sits on a lovely hill with a large front yard and big mature trees. Each unit has 2 bedrooms, 1 bathroom, a living room, HARDWOOD FLOORS, and a screened porch. Three units are operating as highly profitable short term rentals (airbnbs) and 1 unit is a longterm rental (329-A). The short term rentals are turn-key. You can start hosting as soon as you close. ALL FURNITURE, LINENS, Kitchen items, TVs and APPLIANCES convey in the three short term rental (airbnb) units. Fridge and stove convey in the longterm unit. NEW ROOF & EXTERIOR PAINT in 2019. Updated ELECTRICAL in 2020. THREE UNITS RENOVATED (short term rental units) between 2017-2019. TERMITE BOND with Terminix. There are 2-3 parking spaces in the back, and ample parking on the street. This is a wonderful opportunity for an investor who is looking for ready to host short term or midterm rentals, or wanting to host traveling nurses. This would also make a great property for an investor who wants to be an owner occupant. Your whole mortgage could be paid by guests! All utilities except water are separately metered. Do not miss out on this incredible property!
Excellent investment opportunity in the West Montgomery area! This property is ideal for investors looking to expand their portfolio with a strong rental or fix-and-flip candidate. Located in an established neighborhood with convenient access to major roads, schools, and local amenities. Home offers solid potential with the right updates and is perfect for value-add improvements. Whether you’re looking to renovate and rent or hold long-term, this property provides great flexibility for your investment strategy. Sold as-is. No repairs will be made. Bring all offers.
Presenting a rare opportunity to acquire a fully renovated, high-performing 12 unit apartment complex in the heart of Montgomery. This turnkey asset offers immediate cash flow, long-term stability, and minimal deferred maintenance—making it an ideal addition to any investment portfolio. This property has undergone comprehensive renovations across all units, ensuring modern appeal and operational efficiency. Every unit has been fully updated with contemporary finishes, creating a strong competitive position in the local rental market and supporting premium rents and tenant retention. Major capital improvements have already been completed, including: new plumbing systems, updated electrical throughout, brand new HVAC systems. The asset is currently supported by established local property management, offering seamless day-to-day operations and a smooth transition for new ownership. Investors can step into a professionally managed, stabilized property from day one. Located in a growing rental market, the property benefits from strong demand drivers, including proximity to major employers such as Maxwell Air Force Base, Alabama State University, and Baptist Health, as well as convenient access to retail, dining, and key transportation corridors. This is a rare chance to acquire a low-maintenance, income-producing property in one of Central Alabama’s most stable and accessible markets.
Completely Remodeled 1/1 Duplex — Move-In Ready For Sale or Rent This fully renovated 1-bedroom, 1-bath duplex offers modern comfort, efficient systems, and low-maintenance living. Every major component has been updated, making it an ideal option for both buyers and renters. Full Renovation and New Systems Complete top-to-bottom remodel All-new wiring and plumbing Double-pane insulated windows New split HVAC system for efficient heating and cooling New water heater Stackable washer and dryer included Updated Kitchen Fully renovated kitchen New appliances, cabinetry, and finishes Clean, modern layout suitable for everyday living or student housing Low-Maintenance Exterior No grass to cut; minimal yard upkeep required Off-street parking Fenced backyard Convenient Location Located near the hospital, ASU, and Huntingdon College, this property is well-suited for students, medical staff, or anyone seeking a centrally located, updated home. One side (A) is currently rented at $950 per month Lease expires May 2027 This would make a great office space as well.
Great opportunity for an investment property near downtown. Full renovation on one side a few years ago. Will do well as a STR or LTR.
Remodeled brick duplex blending classic charm with modern upgrades. Featuring timeless arch doorways, LVP flooring throughout, all-electric systems, split units for heating and cooling, and upgraded PEX plumbing. The roof is less than 4 years old, offering added peace of mind and reduced near-term maintenance costs. One unit is currently rented month-to-month at $700 per month, providing immediate income with flexibility to increase rents or owner-occupy. Property is serviced by a single water meter for both units. Photos were taken prior to tenant occupancy.
Fantastic 7-House Portfolio In Montgomery Alabama. Total Gross Rents are $7955 Monthly and $95,460 Annually. Portfolio being offered for $795k which provides tons of day 1 equity as well as cash flow. This is a heck of a deal for any investors looking to add to their portfolio or tap into the Montgomery Market. All properties have been and are currently being professionally managed. All tenants screened and on yearly leases.
Fully leased income-producing duplex located at 2035–2037 West Street in Montgomery, offering an excellent opportunity for investors seeking immediate cash flow and long-term investment potential. This spacious property features two well-designed units with nice wood floors, generous living areas, and large kitchens that provide comfortable living spaces tenants appreciate. The property also includes a huge backyard, adding outdoor space and additional appeal for residents. Location is a major advantage, with the duplex situated within 2–3 miles of Alabama State University and Huntingdon College, helping support strong and consistent rental demand from students, faculty, and local professionals. Residents enjoy convenient access to shopping centers, popular restaurants, entertainment, nearby schools, and interstate access for easy commuting. Major employment centers, including Jackson Hospital and Baptist Medical Center South, are also located just a few miles away, further strengthening the area’s rental demand. With two established tenants already in place, this property provides immediate rental income and a great opportunity to expand an investment portfolio or secure a well-located property in Montgomery’s growing rental market. Schedule your showing today and take advantage of this turnkey investment opportunity.
Immediately start reaping benefits from this property! 4 bed and 1 bath unit in front and occupied studio apartment in back with tenant paying $850 per month. The metal roof offers an investor peace of mind since it is only 7 years old and each unit also has a source of AC. Unit One will need paint and and cosmetic touches and the property could benefit from power washing, but the numbers are excellent. Call Lanier today at 334-201-0507 to tour this property. Notice is required to tour occupied unit.
THIS IS A WONDERFUL QUAD! It serves as a LTR now but could EASILY be transformed into a 4 unit AirBnB once the leases expire and could potentially bring in $12k a month! There are four Large spacious units (front and rear private entrances) AND private screened porches. Each unit has 2 bedrooms and 1 Bathroom plus separate Laundry room off the Kitchen. The apartments boast central heating and air, high ceilings, separate laundry room with washer and dryer in each unit, and an eat-in kitchen. The downstairs units have hard wood floors and Upstairs units have carpet (to help with noise). The parking is perfect for Lawrence street because there is a circle drive that allows easy access to the carport. Each unit has one tenant and each tenant has their own covered parking space. The location makes it convenient to downtown and Cloverdale and interstate access is a breeze. Total current rent monthly is $3500.00. One unit is under-rented at only $750.00 (long term tenant). The other units ret for $900 and $950 per month.
Investors! Check out this duplex with updates. One side is a 3 bedroom-1 bath and the other is a 1 bedroom-1 bath. Move in ready! Call for details!
Walkable neighborhood in the heart of the garden district and steps away from Vintage Cafe, Pine Bar and more on highly sought after Felder Ave. This duplex has one downstairs and one upstairs unit. The downstairs unit has 1 bedroom and 1 bath with around 1,100 square feet of living space. The upstairs unit has 3 bedrooms and 1 bath and include another approximately 1,100 square feet. Both units are currently leased. Rarely does a multi family property come available in Cloverdale. Appliances, washer and dryer included in each unit as well. One unit has the original beautiful heart pine flooring. The architectural shingle roof was replaced in 2019. Loads of parking available in back. Requires 48 hour notice to show. Sold as-is. Seller will make no repairs.
Great investment opportunity. All systems and condition unknown to seller. Seller has never lived in the property. Sold AS-IS, WHERE IS. No Seller concessions will be paid. No Contingencies accepted. CASH ONLY. Schools to be verified by purchaser. No tenant.
Fully Remodeled duplex. Separate water and power meters. New bathrooms and Kitchens. Refinished hardwood floors. Updated electrical. Recent roof replacement. B-side is leased. A-side is being marketed now.
Investor Special!! Roof is about 4 years on this 2 unit duplex. Each unit is a 2 bedroom 1 bath. Call for more information.
This two unit (and possibly 3) investment opportunity is located in desirable Cloverdale/Idlewild. Built as a duplex in the 1930's, the two main units have updated kitchens and baths, new kitchen appliances, including gas range, built in microwave, dishwasher and refrigerator, and some new plumbing. New roof in 2024. Unit 1 has an enclosed front porch for additional living space, and unit 2 has a sunroom which could swing as a child's room/3rd bedroom if needed. Detached 2 car garage.
Rare 4 Unit Investment Property in Historic Downtown Montgomery on Madison Ave! Proven AirBnb Performer. Opportunities like this don't come around often - located in the heart of historic downtown Montgomery, this fully renovated 4 Unit Apartment Building features (2) 1 BR/1BA units & (2) Efficiency units - convenient for Airbnb travelers, corporate stays, military students, extended guests or long term tenants! Updated kitchens, baths, flooring, mechanical systems and exterior! On site parking, security camera system, and secure coded entry for guests! Walking distance to downtown restaurants and attractions. Turn-key investment and rental opportunity for someone looking for a multi-family property near the city attractions and major employers!
CALLING ALL INVESTORS!!! This well-maintained duplex is perfectly positioned in the heart of Cloverdale—an ideal location for strong rental demand and long-term value growth. Each unit features hardwood flooring, updated kitchens, and spacious layouts that attract quality tenants and ensure minimal vacancy. The backyard has mature trees and offers an brick exterior storage building that is perfect for lawn equipment. Its close proximity to Huntingdon College makes it a highly desirable option for student housing, providing consistent rental income year after year. The location also provides easy access to both I-85 and I-65. Each unit has been rented for $1200 per month. The roof and all kitchen appliances are less than 3 years old. Looking for your own residence? No problem! Reside in one side and rent the other for extra monthly income! Whether you’re an experienced investor or expanding your portfolio, this turnkey duplex delivers reliable returns, low maintenance, and excellent appreciation potential. Opportunities like this in Cloverdale don’t last long—schedule a viewing today!
This classic 4-unit apartment building in Montgomery, Alabama offers strong investment potential with plenty of room to add value. Each unit includes 1-2 bedrooms, a full bathroom, a living area, and kitchen space. While the property has not been recently updated, it has been maintained and is fully functional, providing an excellent opportunity for investors looking to renovate and increase rental income. Situated in an established neighborhood close to downtown Montgomery, local schools, shopping centers, and public transportation, this property offers consistent rental demand. All units are separately metered for electricity, and tenants enjoy off-street parking and a shared outdoor area. Ideal for investors or renovators seeking a multi-family property with upside potential. With some cosmetic and systems updates, this property could be repositioned for significantly higher returns. Don't miss this chance to invest in one of Montgomery’s steady rental markets with long-term growth opportunities.
Duplex with income of $575 & $495. great investment property. No owner financing.
Montgomery is located in Alabama. 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.
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.
