Montgomery, AL Apartment Buildings for Sale

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Wetumpka, AL Millbrook, AL Elmore, AL Pike Road, AL Deatsville, AL Prattville, AL Mount Meigs, AL Dothan, AL

Updated: Apr 7

Fully Renovated 12-Unit Apartment Building

740 Coliseum Boulevard, Montgomery, AL 36109

$960,000

12‑unit apartment complex with comprehensive renovations across all units
Major capital improvements include new plumbing systems, updated electrical throughout, and brand‑new HVAC systems
Central heating and central air with electric heating and electric cooling
Brick construction with plank and vinyl flooring
Public water and public sewer

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Updated: Jun 24, 2025

Six-Unit Apartment Building

3751 Wesley Drive, Montgomery, AL 36111

$280,000

Brick construction 6‑plex built in 1956
Public water service
Electric heating
Asphalt shingle roof
Interior flooring includes laminate and carpet

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22-Unit Apartment Building Investment Opportunity

3701 - 3743 Wesley Drive, Montgomery, AL 36111

$1,049,900

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

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Montgomery, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 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.

Luxury Standalone Condo

814 N COLLEGE Street, Auburn, AL 36830

$7,500,000

2,587 sqft 0.90 AC lot

Brand-new luxury standalone condo with furnished short-term rental readiness and high-end interior finishes.

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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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Auburn Multifamily Investment Opportunity

1330 Shug Jordan Pkwy, Auburn, AL 36832

Contact for pricing

67,296 sqft

72-unit multifamily property in Auburn, AL, renovated in 2013.

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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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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

Bienville Blvd, Ocean Springs, MS 39564

$675,000

143,748 sqft 3.30 AC lot

3.3 acre commercial land on Highway 90, Ocean Springs.

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Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900

1.33 AC lot

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

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Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

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

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Waterfront Lot in Treasure Island

141 104TH AVENUE, Treasure Island, FL 33706

$2,225,000

0.34 AC lot

Waterfront lot zoned for multifamily residential use in Treasure Island.

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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.

APARTMENT HOUSE (5+ UNITS)

2420 Chase Park Dr, Montgomery, AL 36110-3051

$5,030,000

Estimated value

1,910 sqft 11.09 AC lot

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APARTMENT HOUSE (5+ UNITS)

8261 Fairhaven Ln, Montgomery, AL 36117-6316

Value Estimation by Request

1,996 sqft 15.81 AC lot

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APARTMENT HOUSE (5+ UNITS)

3090 Alabama Riv Pkwy, Montgomery, AL 36110-3073

Value Estimation by Request

3,221 sqft 14.41 AC lot

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APARTMENT HOUSE (5+ UNITS)

1611 Northgate Dr, Montgomery, AL 36104-2280

$570,000

Estimated value

5,500 sqft 4.16 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1130 Lawrence St, Montgomery, AL 36104-5038

Value Estimation by Request

4,386 sqft 0.28 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

625 Patton Ave, Montgomery, AL 36111-2433

Value Estimation by Request

4,326 sqft 0.38 AC lot

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APARTMENT HOUSE (5+ UNITS)

4616 Virginia Loop Rd, Montgomery, AL 36116-4731

$2,940,000

Estimated value

7,992 sqft 4.27 AC lot

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APARTMENT HOUSE (5+ UNITS)

308 Carrington Pkwy, Montgomery, AL 36117-6303

Value Estimation by Request

6,605 sqft 6.00 AC lot

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APARTMENT HOUSE (5+ UNITS)

3899 Liberty Sq Dr, Montgomery, AL 36116-7317

$9,500,000

Estimated value

3,312 sqft 15.73 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

832 Fairview Ave, Montgomery, AL 36106

Value Estimation by Request

4,886 sqft 0.34 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

2424 Agnew St, Montgomery, AL 36106-2190

Value Estimation by Request

3,066 sqft 0.23 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

5857 Brewbaker Blvd, Montgomery, AL 36116-4259

Value Estimation by Request

4,653 sqft 0.42 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

725 Federal Dr, Montgomery, AL 36107-1762

$510,000

Estimated value

4,814 sqft 1.70 AC lot

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APARTMENT HOUSE (5+ UNITS)

4700 Park Towne Way, Montgomery, AL 36116-2630

$1,130,000

Estimated value

17,380 sqft 4.60 AC lot

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APARTMENT HOUSE (5+ UNITS)

4930 Park Towne Way, Montgomery, AL 36116-2606

$615,000

Estimated value

5,400 sqft 12.61 AC lot

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APARTMENT HOUSE (5+ UNITS)

4604 Virginia Loop Rd, Montgomery, AL 36116-4718

$4,600,000

Estimated value

1,578 sqft 5.40 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

3012 Norman Brg Rd, Montgomery, AL 36105-1829

Value Estimation by Request

5,621 sqft 0.31 AC lot

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APARTMENT HOUSE (5+ UNITS)

425 Burbank Dr, Montgomery, AL 36117-3166

$10,800,000

Estimated value

1,405 sqft 4.00 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

635 Virginia Ave, Montgomery, AL 36104-4866

Value Estimation by Request

3,665 sqft 0.15 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

2441 Price St, Montgomery, AL 36111-2159

Value Estimation by Request

6,178 sqft 0.50 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

410 Ryan St, Montgomery, AL 36107-2300

Value Estimation by Request

3,639 sqft 0.22 AC lot

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Montgomery, AL Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Montgomery, AL, showcased through 3 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 $2,289,900.

Sale prices for two-family homes in Montgomery, AL start at $280,000, averaging $763,300, 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 average listing prices of real estate assets

Neighborhood	Average Price
36111	$665K
36109	$975K

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)

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Montgomery, AL Apartment Buildings for Sale

740 Coliseum Boulevard, Montgomery, AL 36109

3751 Wesley Drive, Montgomery, AL 36111

3701 - 3743 Wesley Drive, Montgomery, AL 36111

Opportunities in Nearby Cities

814 N COLLEGE Street, Auburn, AL 36830

204 Corman Avenue, Troy, AL 36081

1330 Shug Jordan Pkwy, Auburn, AL 36832

826 S Three Notch Street, Troy, AL 36081

Potential Development Sites for Consideration

Bienville Blvd, Ocean Springs, MS 39564

71 Salters Road, Greenville, SC 29607

215 N Bear Creek Road, Asheville, NC 28806

141 104TH AVENUE, Treasure Island, FL 33706

Off-Market Properties in Montgomery, AL

2420 Chase Park Dr, Montgomery, AL 36110-3051

8261 Fairhaven Ln, Montgomery, AL 36117-6316

3090 Alabama Riv Pkwy, Montgomery, AL 36110-3073

1611 Northgate Dr, Montgomery, AL 36104-2280

1130 Lawrence St, Montgomery, AL 36104-5038

625 Patton Ave, Montgomery, AL 36111-2433

4616 Virginia Loop Rd, Montgomery, AL 36116-4731

308 Carrington Pkwy, Montgomery, AL 36117-6303

3899 Liberty Sq Dr, Montgomery, AL 36116-7317

832 Fairview Ave, Montgomery, AL 36106

2424 Agnew St, Montgomery, AL 36106-2190

5857 Brewbaker Blvd, Montgomery, AL 36116-4259

725 Federal Dr, Montgomery, AL 36107-1762

4700 Park Towne Way, Montgomery, AL 36116-2630

4930 Park Towne Way, Montgomery, AL 36116-2606

4604 Virginia Loop Rd, Montgomery, AL 36116-4718

3012 Norman Brg Rd, Montgomery, AL 36105-1829

425 Burbank Dr, Montgomery, AL 36117-3166

635 Virginia Ave, Montgomery, AL 36104-4866

2441 Price St, Montgomery, AL 36111-2159

410 Ryan St, Montgomery, AL 36107-2300

Montgomery, AL Apartment Buildings Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

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