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    Montgomery, AL Apartment Buildings for Sale

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    Wetumpka, AL Millbrook, AL Elmore, AL
    Renovated Montgomery Apartment Complex
    $975,000

    Renovated Montgomery Apartment Complex

    740 Coliseum Boulevard, Montgomery, AL 36109

    Turnkey 12-unit apartment complex in Montgomery, Alabama.

    • Fully renovated 12‑unit apartment complex providing immediate cash flow.
    • New plumbing, electrical, and HVAC systems minimize future maintenance costs.
    • Professionally managed and stabilized property ensures a smooth ownership transition.
    • Prime location near major employers like Maxwell Air Force Base and Alabama State University.
    • Updated units with contemporary finishes support premium rents and tenant retention.
    Updated: Apr 7
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    Six-Unit Apartment Building
    $280,000
    6,786 SF

    Six-Unit Apartment Building

    3751 Wesley Drive, Montgomery, AL 36111

    Charming six-unit multifamily property offering income potential near major regional destinations.

    • 6‑plex property in Montgomery with brick construction
    • Built in 1956 with asphalt shingle roof
    • Electric heating system
    • Carpet and laminate flooring
    • Garage parking
    Updated: Jun 24, 2025
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    22-Unit Apartment Building Investment Opportunity
    $1,049,900

    22-Unit Apartment Building Investment Opportunity

    22-unit apartment building with renovation upside in Montgomery, Alabama.

    3701 - 3743 Wesley Drive, Montgomery, AL 36111
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    Multi-Family Lot in Cloverdale
    $199,999
    1.00 Acre

    Multi-Family Lot in Cloverdale

    Rare multi-family lot zoned for up to 24 units.

    1001 Felder Avenue, Montgomery, AL 36106
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Montgomery, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Selma Multifamily Investment Opportunity
    $5,375,000
    133,710 SF

    Selma Multifamily Investment Opportunity

    120-unit apartment community in Selma, Alabama, with value-add potential.

    1300 Cloverdale Road, Selma, AL 36703
    View details
    Mixed-Use Building with Storefront
    $39,900
    3,805 SF

    Mixed-Use Building with Storefront

    2509 sqft mixed-use building with retail and residential potential.

    313 Parkman Avenue, Selma, AL 36701
    View details
    Historic Mixed-Use Portfolio in Troy
    $1,400,000
    10,402 SF

    Historic Mixed-Use Portfolio in Troy

    Renovated mixed-use buildings in downtown Troy, Alabama.

    76 North Court Square, Troy, AL 36081
    View details
    Student Housing Community Near Troy
    Contact for pricing
    123,860 SF

    Student Housing Community Near Troy

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

    826 S Three Notch Street, Troy, AL 36081
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Ocean Springs Highway 90 Land
    $675,000
    143,748 SF

    Ocean Springs Highway 90 Land

    3.3 acre commercial land on Highway 90, Ocean Springs.

    Bienville Blvd, Ocean Springs, MS 39564
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    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres

    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806
    View details
    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres

    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215
    View details

    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)
    1,910 SF Lot: 11.09 Acres
    Estimated value
    $5,030,000

    2420 Chase Park Dr, Montgomery, AL 36110-3051

    View details
    8261 Fairhaven Ln
    APARTMENT HOUSE (5+ UNITS)
    1,996 SF Lot: 15.81 Acres
    Estimated value
    $61,500,000

    8261 Fairhaven Ln, Montgomery, AL 36117-6316

    View details
    3090 Alabama Riv Pkwy
    APARTMENT HOUSE (5+ UNITS)
    3,221 SF Lot: 14.41 Acres
    Value Estimation by Request

    3090 Alabama Riv Pkwy, Montgomery, AL 36110-3073

    View details
    1611 Northgate Dr
    APARTMENT HOUSE (5+ UNITS)
    5,500 SF Lot: 4.16 Acres

    1611 Northgate Dr, Montgomery, AL 36104-2280

    View details
    1130 Lawrence St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,386 SF Lot: 0.28 Acres
    Value Estimation by Request

    1130 Lawrence St, Montgomery, AL 36104-5038

    View details
    625 Patton Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,326 SF Lot: 0.38 Acres
    Value Estimation by Request

    625 Patton Ave, Montgomery, AL 36111-2433

    View details
    4616 Virginia Loop Rd
    APARTMENT HOUSE (5+ UNITS)
    7,992 SF Lot: 4.27 Acres
    Estimated value
    $2,940,000

    4616 Virginia Loop Rd, Montgomery, AL 36116-4731

    View details
    308 Carrington Pkwy
    APARTMENT HOUSE (5+ UNITS)
    6,605 SF Lot: 6.00 Acres
    Value Estimation by Request

    308 Carrington Pkwy, Montgomery, AL 36117-6303

    View details
    3899 Liberty Sq Dr
    APARTMENT HOUSE (5+ UNITS)
    3,312 SF Lot: 15.73 Acres
    Estimated value
    $9,500,000

    3899 Liberty Sq Dr, Montgomery, AL 36116-7317

    View details
    832 Fairview Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,886 SF Lot: 0.34 Acres
    Value Estimation by Request

    832 Fairview Ave, Montgomery, AL 36106

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    2424 Agnew St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,066 SF Lot: 0.23 Acres
    Value Estimation by Request

    2424 Agnew St, Montgomery, AL 36106-2190

    View details
    5857 Brewbaker Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,653 SF Lot: 0.42 Acres
    Value Estimation by Request

    5857 Brewbaker Blvd, Montgomery, AL 36116-4259

    View details
    725 Federal Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,814 SF Lot: 1.70 Acres
    Estimated value
    $510,000

    725 Federal Dr, Montgomery, AL 36107-1762

    View details
    4700 Park Towne Way
    APARTMENT HOUSE (5+ UNITS)
    17,380 SF Lot: 4.60 Acres
    Estimated value
    $1,130,000

    4700 Park Towne Way, Montgomery, AL 36116-2630

    View details
    4930 Park Towne Way
    APARTMENT HOUSE (5+ UNITS)
    5,400 SF Lot: 12.61 Acres
    Estimated value
    $615,000

    4930 Park Towne Way, Montgomery, AL 36116-2606

    View details
    4604 Virginia Loop Rd
    APARTMENT HOUSE (5+ UNITS)
    1,578 SF Lot: 5.40 Acres
    Estimated value
    $4,600,000

    4604 Virginia Loop Rd, Montgomery, AL 36116-4718

    View details
    3012 Norman Brg Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,621 SF Lot: 0.31 Acres
    Value Estimation by Request

    3012 Norman Brg Rd, Montgomery, AL 36105-1829

    View details
    425 Burbank Dr
    APARTMENT HOUSE (5+ UNITS)
    1,405 SF Lot: 4.00 Acres
    Estimated value
    $10,800,000

    425 Burbank Dr, Montgomery, AL 36117-3166

    View details
    635 Virginia Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,665 SF Lot: 0.15 Acres
    Value Estimation by Request

    635 Virginia Ave, Montgomery, AL 36104-4866

    View details
    2441 Price St
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,178 SF Lot: 0.50 Acres
    Value Estimation by Request

    2441 Price St, Montgomery, AL 36111-2159

    View details

    Montgomery, AL Apartment Buildings Investment Opportunities Market Analysis

    Explore 72 apartment buildings for sale in Montgomery, AL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,249,899.

    Sale prices for two-family homes in Montgomery, AL start at $199,999, averaging $749,966, and reaching up to $1,049,900 — 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 median listing prices of real estate assets

    Neighborhood Average Price
    36106 $200K
    36109 $975K
    36111 $1M

    Taxes & Financing

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

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    Most Searched ZIP Codes in Montgomery, AL

    • 36106
    • 36109
    • 36111

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