Six-Unit Multifamily
For Sale
$599,900
29 PIONEER DRIVE, Montevallo, AL 35115
MULTIFAMILY, MONTEVALLO, AL
Property SizeContact for details
Lot Size1.25 Acres
Days on Market14
Property Features for 29 PIONEER DRIVE
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Assigned
Elementary school
MONTEVALLO
Middle school
MONTEVALLO
High school
MONTEVALLO
Directions
From Hwy 31 S in Calera, AL turn onto Hwy 25 S to Montevallo for approx. 10 miles. The property will be on the left before the Huddle House.
Subdivision
Calera, Montevallo, Wilton
Standard status
Active
APN
36-2-03-1-003-002.003
Lot size
1.25 Acres
Taxes and HOA fees
Tax Description
Parcel 36-2-03-1-003-002.003
Legal Description
Parcel 36-2-03-1-003-002.003
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump, Window Unit(s)
Water source
Public
Building Details
Year built
1993
Number of units
6
Flooring type
Hardwood, Tile
Building materials
Frame
Listing Agency:
Team Lehman LLC
(205) 542-4011
Listed By:
Susan Lehman · License #99579
(205) 605-1000
Added: Oct 1
Last Checked: Oct 14 at 9:06AM
MLS# 21466478
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.
The property contains six residential rentals: two have two bedrooms and one bathroom, while four have one bedroom and one bathroom. Built in 1993, the frame construction includes hardwood and tile flooring. Each unit has an electric water heater; heating and cooling are provided by through-the-wall heat pumps in some units and window heat pumps in others.
The approximately 1.25-acre property has approximately 200 feet of frontage along Highway 25. Public water and sewer serve the residential units. A separate building lot includes two sewer hookups and two water meters.
The approximately 1.25-acre property has approximately 200 feet of frontage along Highway 25. Public water and sewer serve the residential units. A separate building lot includes two sewer hookups and two water meters.
Key Highlights
- Six residential units: two 2‑bedroom, 1‑bath units and four 1‑bedroom, 1‑bath units
- Approximately 1.25 acres with approximately 200 feet of frontage along Highway 25
- Separate building lot with two sewer hookups and two water meters
Property Analytics
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Current Use
Lease Details
6
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
128
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - A separate building lot has two sewer hookups and two water meters already installed.
Where is this multifamily property located?
The property is located at 29 PIONEER DRIVE Montevallo, AL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Six residential units: two 2‑bedroom, 1‑bath units and four 1‑bedroom, 1‑bath units; Approximately 1.25 acres with approximately 200 feet of frontage along Highway 25; Separate building lot with two sewer hookups and two water meters
