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Duplex with Assigned Parking
For Sale
$139,000

195 MELTON STREET, Montevallo, AL 35115

MULTIFAMILY, MONTEVALLO, AL

Property SizeContact for details
Days on Market139

Property Features for 195 MELTON STREET

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features Assigned
Subdivision FANCHERS
Elementary school MONTEVALLO
Middle school MONTEVALLO
High school MONTEVALLO
Directions From I-65 Southbound, take exit 234. Use the left lane to turn left onto Co Rd 87. Continue onto Smokey Rd. Continue onto Spring Creek Rd, turn right to stay on Spring Creek Rd. Turn left onto Co Rd 216. Turn right onto AL-155 N/AL-25 S. Turn left onto Melton St
Standard status Active
APN 36-2-03-1-003-024.000

Taxes and HOA fees

Tax Description Block: Lot: 4 FANCHERS SUBDIVISION
Legal Description Block: Lot: 4 FANCHERS SUBDIVISION

Utilities

Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1956
Number of units 2
Flooring type Hardwood, Laminate
Building materials Brick, Siding
Listing Agency: Keller Williams Metro South · Keller Williams Realty
Listed By: Cindy Hilbrich · License #116719
Added: Apr 24 Changed: Aug 25 Last Checked: Sep 9 at 1:06AM
MLS# 21451012

Copyright © 2026 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex offers a two-sided residential configuration with assigned parking and public water service. The 1956-built property combines brick and siding construction with laminate and hardwood flooring. Cooling is provided by window unit(s), supporting the existing residential layout.

The property is located in Montevallo near I-65 and within a few minutes of the University of Montevallo. Restaurants and shopping are also located down the street, providing nearby access to everyday services. The address is 195 Melton Street, Montevallo, AL 35115.

Key Highlights

  • Duplex configuration with two residential sides
  • Built in 1956
  • Brick and siding construction

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store HVAC Service Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

191
Businesses Nearby

Demographics for 35115, AL

15,260
Population
6,388
Households
2.4
Avg Household Size
34
Median Age
22%
College-Educated
82%
High-School Grad
123.4 sq mi
ZIP Area
124
Density / Sq Mi
$54,157
Median Household Income
$32,000
Median Earnings
$807
Median Rent
$165,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-sided residential property with public water service and a mix of laminate and hardwood flooring.
Where is this duplex located?
The property is located at 195 MELTON STREET Montevallo, AL.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Duplex configuration with two residential sides; Built in 1956; Brick and siding construction
More about this property
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