Multifamily Portfolio with 135
For Sale
Contact for pricing
1289 Westmoreland Ave, Montgomery, AL 36106
Residential portfolio combines single-family homes, multifamily buildings, and a vacant lot within Montgomery, Alabama.
Property SizeContact for details
Days on Market144
Property Features for 1289 Westmoreland Ave
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
135
Listing Agency:
Open Market CRE LLC
Listed By:
Steven Paulsen · License #FL BK3053136
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 8:44PM
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 Open Market CRE LLC
Investment Insights
Based on property information with market context.
This residential portfolio includes 135 rentable units across 96 single-family homes and 39 multifamily units. The multifamily component consists of 12 duplexes, 1 triplex, and 3 quadraplex buildings. A vacant lot is also included, providing additional land within the portfolio. The properties are managed through a local family partnership with in-house maintenance personnel and third-party vendors supporting ongoing service needs.
The portfolio is located at 1289 Westmoreland Ave in Montgomery, Alabama. Montgomery is positioned 153 miles from Atlanta via Interstate 85, 92 miles from Birmingham, and 169 miles from Mobile. Local economic drivers identified for the area include Hyundai manufacturing, Maxwell & Gunter Air Force Base, Amazon distribution centers, the Alabama State Capitol, Alfa Insurance, and other manufacturing, logistics, and distribution operations.
The portfolio is located at 1289 Westmoreland Ave in Montgomery, Alabama. Montgomery is positioned 153 miles from Atlanta via Interstate 85, 92 miles from Birmingham, and 169 miles from Mobile. Local economic drivers identified for the area include Hyundai manufacturing, Maxwell & Gunter Air Force Base, Amazon distribution centers, the Alabama State Capitol, Alfa Insurance, and other manufacturing, logistics, and distribution operations.
Key Highlights
- 135 rentable units across the portfolio
- 96 single‑family homes included
- 39 multifamily units comprising 12 duplexes, 1 triplex, and 3 quadraplex buildings
Property Analytics
Property Profile
Current Use
Lease Details
135
Residential units
Location Intelligence
Trade Area within ½ mile
704
Businesses Nearby
Explore this area
Business Placement
Demographics for 36106, AL
15,438
Population
7,236
Households
2.1
Avg Household Size
39
Median Age
51%
College-Educated
96%
High-School Grad
6.2 sq mi
ZIP Area
2,490
Density / Sq Mi
$71,202
Median Household Income
$40,398
Median Earnings
$1,138
Median Rent
$207,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Residential portfolio combines single-family homes, multifamily buildings, and a vacant lot within Montgomery, Alabama.
Where is this multifamily property located?
The property is located at 1289 Westmoreland Ave Montgomery, AL.
What are key features of this property?
This property features: 135 rentable units across the portfolio; 96 single‑family homes included; 39 multifamily units comprising 12 duplexes, 1 triplex, and 3 quadraplex buildings
