Spacious Quadplex Near
For Sale
$425,000
1130 S Lawrence Street, Montgomery, AL 36104
Four-unit property with potential for short-term rental income.
Days on Market152
Property Features for 1130 S Lawrence Street
General Information
Standard status
Active
Property subtype
Multi Family
Building Details
Year Built
1930
Listing Agency:
Paramount Properties, LLC.
(334) 398-7888
Listed By:
CJ Hodges · License #0077902
(334) 398-7888
Source:
Exitrealty
Added: Mar 2
Changed: Jul 10
Last Checked: Jul 31 at 3:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Paramount Properties, LLC.
Investment Insights
Based on property information with market context.
This quadplex features four large units, each with two bedrooms and one bathroom. Each unit has front and rear private entrances, as well as private screened porches. The apartments include central heating and air, high ceilings, and a separate laundry room with a washer and dryer in each unit, along with an eat-in kitchen. The downstairs units have hardwood floors, while the upstairs units are carpeted. A circle drive provides easy access to the carport, and each unit has one covered parking space. The property is currently used as a long-term rental, but it could be transformed into a four-unit Airbnb once the leases expire. The location offers convenient access to downtown and Cloverdale, with easy interstate access. The total current monthly rent is $3500. One unit is under-rented at $750, while the other units rent for $900 and $950 per month. The property is located on Lawrence Street.
Key Highlights
- High income potential as a 4‑unit Airbnb, estimated at $12k/month.
- Currently operating as a rental property generating $3500/month in rental income.
- Four spacious units, each with 2 bedrooms, 1 bathroom, and private screened porches.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,481
Businesses Nearby
Explore this area
Business Placement
Demographics for 36104, AL
9,021
Population
5,265
Households
1.7
Avg Household Size
31
Median Age
26%
College-Educated
76%
High-School Grad
10.5 sq mi
ZIP Area
859
Density / Sq Mi
$34,975
Median Household Income
$21,668
Median Earnings
$787
Median Rent
$121,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with potential for short-term rental income.
Where is this quadplex located?
The property is located at 1130 S Lawrence Street Montgomery, AL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: High income potential as a 4‑unit Airbnb, estimated at $12k/month.; Currently operating as a rental property generating $3500/month in rental income.; Four spacious units, each with 2 bedrooms, 1 bathroom, and private screened porches.
