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    Montgomery, AL
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    Montgomery, AL Apartment Buildings for Sale

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    Wetumpka, AL Millbrook, AL Coosada, AL Elmore, AL Prattville, AL Deatsville, AL Pike Road, AL Dothan, AL
    Renovated 12-Unit Apartment Building
    Updated: Apr 7
    Renovated 12-Unit Apartment Building

    740 Coliseum Boulevard, Montgomery, AL 36109

    $949,000
    12‑unit apartment property built in 1986
    All units comprehensively renovated
    New plumbing systems and updated electrical throughout
    New HVAC systems with central heating and cooling
    Brick construction with vinyl plank flooring
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    Six-Unit Brick Apartment Building
    Updated: Jun 24, 2025
    Six-Unit Brick Apartment Building

    3751 Wesley Drive, Montgomery, AL 36111

    $280,000
    6‑plex apartment property at 3751 Wesley Drive, Montgomery, AL 36111
    Built in 1956 with brick construction
    Laminate and carpet flooring throughout the property
    Electric heating system
    Asphalt roof and public water source
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    Garden-Style LIHTC Apartment Community
    Garden-Style LIHTC Apartment Community

    2201 Upper Wetumpka Rd, Montgomery, AL 36107

    $3,731,172

    Well-maintained four-building multifamily community with 65 LIHTC units in extended-use, featuring controlled access and in-unit hookups.

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    See hot listings in Montgomery

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Renovated 6-Unit Apartment Building
    Renovated 6-Unit Apartment Building

    2620 E 3RD Street, Montgomery, AL 36107

    $490,000

    Furnished studio apartments feature full kitchens, tiled bathrooms, and shared laundry facilities.

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    Masonry Garden-Style Apartment Community
    Masonry Garden-Style Apartment Community

    6037 Monticello Dr, Montgomery, AL 36117

    Contact for pricing

    Located in an established Montgomery rental corridor.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 5 Active listings in Montgomery, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Building Apartment Package
    Two-Building Apartment Package

    1703 -1803 Voeglin Avenue, Selma, AL 36701

    $275,000

    Seven-unit residential property with separate utility metering, varied occupancy, and an additional lot.

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    Student Housing Community Near Troy
    Student Housing Community Near Troy

    826 S Three Notch Street, Troy, AL 36081

    Contact for pricing
    123,860 sqft

    Purpose-built student housing community located one mile from Troy University.

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    Troy Multifamily Investment Opportunity
    Troy Multifamily Investment Opportunity

    204 Corman Avenue, Troy, AL 36081

    $750,000
    2.80 AC lot

    Multifamily property for sale in Troy, Alabama.

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    32-Unit Multifamily Portfolio
    32-Unit Multifamily Portfolio

    616 Selma Avenue, Selma, AL 36701

    Contact for pricing

    Three properties have individually metered utilities, with units ready for lease-up or renovation.

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    Off-Market Properties in Montgomery, AL

    Consider similar Off-Market properties in Montgomery, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2420 Chase Park Dr
    APARTMENT HOUSE (5+ UNITS)

    2420 Chase Park Dr, Montgomery, AL 36110-3051

    Estimated value:
    $5,030,000
    1,910 sqft 11.09 AC lot
    View details
    8261 Fairhaven Ln
    APARTMENT HOUSE (5+ UNITS)

    8261 Fairhaven Ln, Montgomery, AL 36117-6316

    Estimated value:
    $61,500,000
    1,996 sqft 15.81 AC lot
    View details
    3090 Alabama Riv Pkwy
    APARTMENT HOUSE (5+ UNITS)

    3090 Alabama Riv Pkwy, Montgomery, AL 36110-3073

    Estimated value:
    $400,000
    3,221 sqft 14.41 AC lot
    View details
    1611 Northgate Dr
    APARTMENT HOUSE (5+ UNITS)

    1611 Northgate Dr, Montgomery, AL 36104-2280

    Estimated value:
    $235,000
    5,500 sqft 4.16 AC lot
    View details
    1130 Lawrence St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1130 Lawrence St, Montgomery, AL 36104-5038

    Estimated value:
    $345,000
    4,386 sqft 0.28 AC lot
    View details
    625 Patton Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    625 Patton Ave, Montgomery, AL 36111-2433

    Estimated value:
    $200,000
    4,326 sqft 0.38 AC lot
    View details
    4616 Virginia Loop Rd
    APARTMENT HOUSE (5+ UNITS)

    4616 Virginia Loop Rd, Montgomery, AL 36116-4731

    Estimated value:
    $2,940,000
    7,992 sqft 4.27 AC lot
    View details
    308 Carrington Pkwy
    APARTMENT HOUSE (5+ UNITS)

    308 Carrington Pkwy, Montgomery, AL 36117-6303

    Estimated value: by Request
    6,605 sqft 6.00 AC lot
    View details
    3899 Liberty Sq Dr
    APARTMENT HOUSE (5+ UNITS)

    3899 Liberty Sq Dr, Montgomery, AL 36116-7317

    Estimated value:
    $9,500,000
    3,312 sqft 15.73 AC lot
    View details
    832 Fairview Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    832 Fairview Ave, Montgomery, AL 36106

    Estimated value:
    $400,000
    4,886 sqft 0.34 AC lot
    View details
    2424 Agnew St
    APARTMENT HOUSE (UNDER 5 UNITS)

    2424 Agnew St, Montgomery, AL 36106-2190

    Estimated value:
    $400,000
    3,066 sqft 0.23 AC lot
    View details
    5857 Brewbaker Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)

    5857 Brewbaker Blvd, Montgomery, AL 36116-4259

    Estimated value:
    $175,000
    4,653 sqft 0.42 AC lot
    View details
    725 Federal Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    725 Federal Dr, Montgomery, AL 36107-1762

    Estimated value:
    $510,000
    4,814 sqft 1.70 AC lot
    View details
    4700 Park Towne Way
    APARTMENT HOUSE (5+ UNITS)

    4700 Park Towne Way, Montgomery, AL 36116-2630

    Estimated value:
    $440,000
    17,380 sqft 4.60 AC lot
    View details
    4930 Park Towne Way
    APARTMENT HOUSE (5+ UNITS)

    4930 Park Towne Way, Montgomery, AL 36116-2606

    Estimated value:
    $615,000
    5,400 sqft 12.61 AC lot
    View details
    4604 Virginia Loop Rd
    APARTMENT HOUSE (5+ UNITS)

    4604 Virginia Loop Rd, Montgomery, AL 36116-4718

    Estimated value:
    $4,600,000
    1,578 sqft 5.40 AC lot
    View details
    3012 Norman Brg Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    3012 Norman Brg Rd, Montgomery, AL 36105-1829

    Estimated value:
    $305,000
    5,621 sqft 0.31 AC lot
    View details
    425 Burbank Dr
    APARTMENT HOUSE (5+ UNITS)

    425 Burbank Dr, Montgomery, AL 36117-3166

    Estimated value:
    $10,800,000
    1,405 sqft 4.00 AC lot
    View details
    635 Virginia Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    635 Virginia Ave, Montgomery, AL 36104-4866

    Estimated value:
    $160,000
    3,665 sqft 0.15 AC lot
    View details

    Montgomery, AL Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Montgomery, AL, showcased through 5 active listings on our real estate platform.

    Sale prices for apartment complexes in Montgomery, AL start at $280,000, averaging $1,362,543, and reaching up to $3,731,172 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 206K
    Population Growth (5Y) +4.7%
    Median Household Income $56,642
    College Educated 15.7%

    High-Yield Neighborhoods for Investment

    Identify Montgomery submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    36111 $280K
    36109 $949K
    36107 $2.1M

    Taxes & Financing

    Tax Rate (average for all types) 4.41%
    Property Tax per SF $82.88 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Montgomery County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Popular Searches in Montgomery, AL

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    Most Searched ZIP Codes in Montgomery, AL

    • 36107
    • 36109
    • 36111
    • 36117

    Featured Montgomery Real Estate Agencies

    Realmo connects you with licensed Montgomery CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Hodges Real Estate
    125 6th St Montgomery, AL
    The Goodson Group
    1975 Berry Chase Pl Montgomery, AL 36117
    Phone: 13345510225
    www.thegoodsongroup.com
    Forrest Meadows Homes & Land
    5272 Hampstead High St. Unit 101 Montgomery, AL 36116
    Phone: 13344626141
    www.fmhomesandland.com
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