Montgomery, AL Apartment Buildings for Sale

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

16 properties

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Updated: Apr 7

Renovated 12-Unit Apartment Building

740 Coliseum Boulevard, Montgomery, AL 36109

$960,000

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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Updated: Jun 24, 2025

Brick 6-Plex Apartment Building

3751 Wesley Drive, Montgomery, AL 36111

$280,000

Brick 6‑plex apartment building with six units
Built in 1956
Electric heating
Asphalt roof
Public water service

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Historic Apartment Portfolio

12 E Jefferson St, Montgomery, AL 36104

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29,365 sqft

Three adaptive-reuse multifamily communities combine historic architectural details with updated residential interiors.

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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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16-Unit Apartment Building

323 Columbia Avenue, Montgomery, AL 36104

$150,000

Multifamily property with on-site parking and an as-is sale structure.

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47-Unit Apartment Complex

1405 S Perry St, Montgomery, AL 36104

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Multifamily property associated with a larger condominium community in Montgomery.

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18-Unit Apartment Building

821 W Edgemont Ave, Montgomery, AL 36105

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Four-building multifamily property with renovated residences, in-unit laundry connections, and on-site parking.

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Multifamily Apartment Portfolio Opportunity

2553 Lower Wetumpka Rd, Montgomery, AL 36110

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Portfolio of six multifamily assets offered free and clear, totaling nearly 800 units in Alabama’s state capital.

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Multifamily Apartment Portfolio

3160 Bell Oaks Cir, Montgomery, AL 36116

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Portfolio of six multifamily assets totaling nearly 800 units, offered for sale free of existing debt.

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242-Unit Apartment Community

3364 Fountain Ln, Montgomery, AL 36116

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The community includes renovated apartments and a mix of one-, two-, and three-bedroom floor plans.

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Renovated Apartment Building

534 Rosa L Parks Ave, Montgomery, AL 36108

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Updated apartments with two- and three-bedroom layouts near downtown Montgomery shops and restaurants.

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Apartment Building Portfolio Asset

4581 Narrow Lane Rd, Montgomery, AL 36116

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Apartment asset offered individually or as part of a broader multifamily portfolio.

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31-Unit Apartment Building

395 Felder Ave, Montgomery, AL 36104

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Updated multifamily property with strong occupancy and convenient access to Cloverdale dining, nightlife, and shopping.

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Renovated 18-Unit Apartment Building

6 Howard St, Montgomery, AL 36104

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An 18-unit stabilized apartment property, fully renovated in 2022, currently 94% occupied with one unit down to studs.

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Remodeled 18-Unit Apartment Building

10 Howard St, Montgomery, AL 36104

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Garden-style community with updated interiors and a varied mix of residential floor plans.

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Six-Asset Apartment Portfolio

4930 Park Towne Way, Montgomery, AL 36116

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Nearly 800 units across Montgomery can be acquired individually or as a package.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 16 Active listings in Montgomery, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 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.

Cottage Condos at Eagle Farms

Lee Rd 2149, Auburn, AL 36832

$2,000,000

11,560 sqft

Eleven condos and seven lots in Auburn, Alabama.

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Student Housing Community Near Troy

826 S Three Notch Street, Troy, AL 36081

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123,860 sqft

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

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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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Multifamily Apartment Community

1140-1142 Northlake Dr, Auburn, AL 36832

Contact for pricing

Established apartment community offering 3-, 4-, and 5-bedroom floor plans with resident amenities including a swimming pool.

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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

$61,500,000

Estimated value

1,996 sqft 15.81 AC lot

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APARTMENT HOUSE (5+ UNITS)

3090 Alabama Riv Pkwy, Montgomery, AL 36110-3073

$400,000

Estimated value

3,221 sqft 14.41 AC lot

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APARTMENT HOUSE (5+ UNITS)

1611 Northgate Dr, Montgomery, AL 36104-2280

$235,000

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

$345,000

Estimated value

4,386 sqft 0.28 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

625 Patton Ave, Montgomery, AL 36111-2433

$200,000

Estimated value

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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Montgomery, AL Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Montgomery, AL, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 29,365 square feet of properties for sale, with an estimated market value of $5,121,172.

Sale prices for two-family homes in Montgomery, AL start at $150,000, averaging $1,280,293, 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
36104	$150K
36111	$280K
36109	$960K
36107	$3.7M

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

12 E Jefferson St, Montgomery, AL 36104

2201 Upper Wetumpka Rd, Montgomery, AL 36107

323 Columbia Avenue, Montgomery, AL 36104

1405 S Perry St, Montgomery, AL 36104

821 W Edgemont Ave, Montgomery, AL 36105

2553 Lower Wetumpka Rd, Montgomery, AL 36110

3160 Bell Oaks Cir, Montgomery, AL 36116

3364 Fountain Ln, Montgomery, AL 36116

534 Rosa L Parks Ave, Montgomery, AL 36108

4581 Narrow Lane Rd, Montgomery, AL 36116

395 Felder Ave, Montgomery, AL 36104

6 Howard St, Montgomery, AL 36104

10 Howard St, Montgomery, AL 36104

4930 Park Towne Way, Montgomery, AL 36116

Opportunities in Nearby Cities

Lee Rd 2149, Auburn, AL 36832

826 S Three Notch Street, Troy, AL 36081

204 Corman Avenue, Troy, AL 36081

1140-1142 Northlake Dr, Auburn, AL 36832

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

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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