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6-Unit Apartment Building

1532 Winona Ave, Montgomery, AL 36107

For Sale
$290,000

Each residence is configured with two bedrooms and one bathroom, and the property produces rental income.

Property Size5,400 SF
Price / SF$53.70
Days on Market35

Property Features for 1532 Winona Ave

General Information

Standard status Active
Size 5,400 SF
Property subtype Multi-Family

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Additional Details

Highway Access Yes
Tenant in Place Yes

Building Details

Year Built 1940
Listing Agency: Beycome Brokerage Realty LLC.
Listed By: Steven Koleno · License AL #3469487
Source: Searchhomesinmontgomery
Added: Oct 7 Changed: Nov 3 Last Checked: Nov 10 at 11:22AM

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 Beycome Brokerage Realty LLC.

Rey
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Investment Insights

Based on property information with market context.

Built in 1940, this Montgomery apartment property contains six units totaling approximately 5,400 square feet. The layout provides 12 bedrooms and six bathrooms, with two bedrooms and one bathroom in each apartment. Existing rental income is noted.

The property is in Montgomery, with access to I-85 and major roadways. Nearby destinations listed include Alabama State University, Gunter Annex at Maxwell Air Force Base, Montgomery Zoo, Oak Park, downtown Montgomery and Riverfront Park, as well as Baptist Medical Center South and other local healthcare facilities. Grocery and convenience stores are also in the surrounding area.

Key Highlights

  • Six apartment units with 12 bedrooms and six bathrooms
  • Approximately 5,400 square feet
  • Each unit has two bedrooms and one bathroom

Property Analytics

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Lease Details

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

616
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Each residence is configured with two bedrooms and one bathroom, and the property produces rental income.
Where is this apartment building located?
The property is located at 1532 Winona Ave Montgomery, AL.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Six apartment units with 12 bedrooms and six bathrooms; Approximately 5,400 square feet; Each unit has two bedrooms and one bathroom
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