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Brick Duplex with New Water Heaters
New
For Sale
$114,900

128/130 S Madison Terrace, Montgomery, AL 36107

Two one-bedroom units offer a straightforward layout, with one residence vacant and the other occupied.

Property SizeContact for details
Days on Market6

Property Features for 128/130 S Madison Terrace

General Information

Standard status Active
Property subtype Multi Family
Occupancy 50%

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $672

Building Details

Year Built 1930
Buildings 1
Construction brick
Listing Agency: David Herman Realty
Listed By: David Herman · License #0011073
Source: Exitrealty
Added: Sep 3 Changed: Sep 5 Last Checked: Sep 8 at 4:22AM

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 David Herman Realty

Investment Insights

Based on property information with market context.

Built in 1930, this brick duplex contains two separate one-bedroom, one-bath units. One unit is occupied by a long-term tenant, while the other is vacant and ready for leasing. Both sides have new hot water heaters, and tenants pay all utilities except water and trash. The right side also offers room to expand the upstairs into a two-bedroom unit. Located at 128/130 S Madison Terrace in Montgomery’s Capitol Heights area, the property may be purchased individually or packaged with one or two single-family homes.

Key Highlights

  • Two separate units, each with 1 bedroom and 1 bath
  • Brick duplex built in 1930
  • One unit occupied by a long‑term tenant; the other is vacant

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store Electrical Service Home Appliance Store Florist

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
50%
Occupancy

Location Intelligence

Trade Area within ½ mile

610
Businesses Nearby

Demographics for 36107, AL

8,418
Population
3,995
Households
2.1
Avg Household Size
35
Median Age
17%
College-Educated
84%
High-School Grad
3.2 sq mi
ZIP Area
2,631
Density / Sq Mi
$31,895
Median Household Income
$27,173
Median Earnings
$883
Median Rent
$69,800
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?
Duplex - Two one-bedroom units offer a straightforward layout, with one residence vacant and the other occupied.
Where is this duplex located?
The property is located at 128/130 S Madison Terrace Montgomery, AL.
What is the asking price?
The asking price for this property is $114,900.
What are key features of this property?
This property features: Two separate units, each with 1 bedroom and 1 bath; Brick duplex built in 1930; One unit occupied by a long‑term tenant; the other is vacant
More about this property
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