Duplex Investment
For Sale
Under Contract
$139,000
195 MELTON STREET, Montevallo, AL 35115
MULTI_FAMILY - MONTEVALLO, AL
Days on Market100
Property Features for 195 MELTON STREET
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Assigned
Subdivision
FANCHERS
Elementary school
MONTEVALLO
Middle school
MONTEVALLO
High school
MONTEVALLO
Directions
From I-65 Southbound, take exit 234. Use the left lane to turn left onto Co Rd 87. Continue onto Smokey Rd. Continue onto Spring Creek Rd, turn right to stay on Spring Creek Rd. Turn left onto Co Rd 216. Turn right onto AL-155 N/AL-25 S. Turn left onto Melton St
Standard status
Active Under Contract
APN
36-2-03-1-003-024.000
Taxes and HOA fees
Tax Description
Block: Lot: 4 FANCHERS SUBDIVISION
Legal Description
Block: Lot: 4 FANCHERS SUBDIVISION
Utilities
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1956
Number of units
2
Flooring type
Laminate, Hardwood
Building materials
Brick, Siding
Listing Agency:
Keller Williams Metro South · Keller Williams Realty
(205) 605-1000
Listed By:
Cindy Hilbrich · License #116719
(205) 800-9183
Added: Apr 24
Changed: Jul 21
Last Checked: Aug 1 at 10:06PM
MLS# 21451012
Copyright © 2026 Greater Alabama 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 property is a duplex configured with two separate sides, giving an owner the option to live in one unit while renting the other, or lease both sides. It is presented as a straightforward income property with opportunities for customization based on the buyer’s preferences.
The duplex is located at 195 Melton Street in Montevallo, Alabama, within the Shelby County area. Public remarks note proximity to I-65, as well as being only a few minutes from the University of Montevallo. The property is also described as being near restaurants and shopping.
For buyers seeking a residential income asset, this two-side setup supports common strategies such as owner-occupancy with rental income or full rental operation. The layout’s flexibility may appeal to investors and owner-operators looking for a duplex structure rather than a larger multifamily building, while keeping the asset size manageable. Interested parties should review the specific unit details and condition during due diligence, including how each side is currently laid out and what improvements, if any, may be needed to meet the buyer’s operating goals.
The duplex is located at 195 Melton Street in Montevallo, Alabama, within the Shelby County area. Public remarks note proximity to I-65, as well as being only a few minutes from the University of Montevallo. The property is also described as being near restaurants and shopping.
For buyers seeking a residential income asset, this two-side setup supports common strategies such as owner-occupancy with rental income or full rental operation. The layout’s flexibility may appeal to investors and owner-operators looking for a duplex structure rather than a larger multifamily building, while keeping the asset size manageable. Interested parties should review the specific unit details and condition during due diligence, including how each side is currently laid out and what improvements, if any, may be needed to meet the buyer’s operating goals.
Key Highlights
- Duplex set up with flexibility to live in one side and rent the other or rent both sides
- Public water source
- Brick and siding construction
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
Explore this area
Business Placement
Demographics for 35115, AL
15,260
Population
6,388
Households
2.4
Avg Household Size
34
Median Age
22%
College-Educated
82%
High-School Grad
123.4 sq mi
ZIP Area
124
Density / Sq Mi
$54,157
Median Household Income
$32,000
Median Earnings
$807
Median Rent
$165,800
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?
Duplex - Two-unit duplex offering flexible living or rental arrangements near I-65 and the University of Montevallo.
Where is this duplex located?
The property is located at 195 MELTON STREET Montevallo, AL.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Duplex set up with flexibility to live in one side and rent the other or rent both sides; Public water source; Brick and siding construction
