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12-Unit Apartment Building
For Sale
$960,000

740 Coliseum Boulevard, Montgomery, AL 36109

MULTI_FAMILY - Other - Montgomery, AL

Property SizeContact for details
Days on Market129

Property Features for 740 Coliseum Boulevard

General Information

Property type Residential Multi Family
Property subtype Other
Interior features EatInKitchen
Appliances ElectricWaterHeater
Middle school ,
Directions Turn onto Coliseum Blvd from Atlanta Highway, complex is 1 mile down on the right.
Subdivision MONT-N Central Mont City
Standard status Active
APN 10-02-04-1-001-001.000

Taxes and HOA fees

Tax Description ALSO 1.5 AC LYING E OF LOTS 1, 2A & 3
Tax Annual Amount 6208
Legal Description ALSO 1.5 AC LYING E OF LOTS 1, 2A & 3

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1986
Floors in Building 2
Number of units 12
Flooring type Vinyl, Plank
Building materials Brick
Architectural style Other
Listing Agency: Partners Realty
Listed By: Parker Ivey · License #0132805
Added: Apr 7 Changed: Aug 5 Last Checked: Aug 13 at 9:06AM
MLS# 585493

Copyright © 2026 Montgomery Area Association of Realtors 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 fully renovated 12-unit apartment building is constructed with brick and was built in 1986. The interior includes eat-in kitchens, with flooring listed as plank and vinyl. Heating and cooling are electric, with central systems and central air, and the property also includes an electric water heater.

Major capital improvements have been completed across the property, including new plumbing systems, updated electrical throughout, and brand new HVAC systems. Water service is provided by public water, and sewer service is provided by public sewer.

Located at 740 Coliseum Boulevard in Montgomery, the property is described as a stabilized, professionally managed asset supported by established local property management. It is positioned to serve renters seeking modern, updated units with contemporary finishes.

Key Highlights

  • 12‑unit apartment building built in 1986
  • Brick construction with eat‑in kitchens
  • New plumbing systems and updated electrical throughout

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Restaurant Hair Salon

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

112
Businesses Nearby

Demographics for 36109, AL

24,176
Population
11,273
Households
2.1
Avg Household Size
41
Median Age
30%
College-Educated
92%
High-School Grad
11.3 sq mi
ZIP Area
2,139
Density / Sq Mi
$61,059
Median Household Income
$37,876
Median Earnings
$1,108
Median Rent
$134,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Fully renovated brick 12-unit apartment building with central electric HVAC and public water and sewer.
Where is this apartment building located?
The property is located at 740 Coliseum Boulevard Montgomery, AL.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: 12‑unit apartment building built in 1986; Brick construction with eat‑in kitchens; New plumbing systems and updated electrical throughout
More about this property
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