Duplex with Two Distinct
For Sale
$215,000
3035 Woodley Terrace, Montgomery, AL 36106
ResidentialIncome, Montgomery, AL
Property Size2,141 SF
Price / SF$100.42
Days on Market50
Property Features for 3035 Woodley Terrace
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2
Parking features
Driveway
Interior features
LivingDiningRoom
Appliances
Dishwasher, ElectricRange, MultipleWaterHeaters, PlumbedForIceMaker, RangeHood
Subdivision
Geibel
Lot features
Level
Middle school
,
Directions
From Fairview, turn left onto Woodley Terrace. House is on Left. - From Woodley Road, turn right onto Woodley Terrace. House is on Right.
Standard status
Active
APN
10-04-20-3-001-007.000
Taxes and HOA fees
Tax Description
Lot 12 of Geibel Plot
Tax Annual Amount
1225
Legal Description
Lot 12 of Geibel Plot
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Window Unit(s), Multi Units, Central Air, Electric
Water source
Public
Building Details
Year built
1930
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Carpet, Tile, Wood, Plank
Building materials
FiberCement, HardiplankType
Listing Agency:
ARC Realty
Listed By:
Jeffrey Albright · License #0068530
(334) 213-2532
Added: Sep 5
Changed: Oct 19
Last Checked: Oct 24 at 4:06AM
MLS# 590224
Copyright © 2026 Montgomery Area Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1930, this duplex contains two separate apartments totaling approximately 2,141 SF. Unit A measures approximately 774 SF with 1 bedroom and 1 bathroom, while Unit B offers approximately 1,367 SF with 2 bedrooms and 1 bathroom. Interior features include hardwood, tile, vinyl, plank, and carpet flooring, along with living and dining areas. The property also includes a driveway, public water, public sewer, multiple water heaters, and a generous yard.
The residence is located at 3035 Woodley Terrace in Montgomery, near Huntingdon College and the restaurants, shops, parks, and entertainment of Old Cloverdale. Downtown Montgomery, Alabama State University, area hospitals, and I-85 are accessible from the property. The two-unit layout supports either an investment strategy or owner occupancy with a separate apartment.
The residence is located at 3035 Woodley Terrace in Montgomery, near Huntingdon College and the restaurants, shops, parks, and entertainment of Old Cloverdale. Downtown Montgomery, Alabama State University, area hospitals, and I-85 are accessible from the property. The two-unit layout supports either an investment strategy or owner occupancy with a separate apartment.
Key Highlights
- Approximately 2,141 SF duplex with two separate apartments
- Unit A: approximately 774 SF, 1 bedroom, and 1 bathroom
- Unit B: approximately 1,367 SF, 2 bedrooms, and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,505
Cap Rate
8.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,100
$370.1K
Cap Rate 7%
$264,357
$264.4K
Cap Rate 9%
$205,611
$205.6K
Market Conditions
NOI Build-Up for 2,141 SF
Gross rent
$28.3K $13.20/SF
− Vacancy
−$1.8K −$0.85/SF
EGI
$26.4K $12.35/SF
− OpEx
−$7.9K −$3.70/SF
NOI
$18.5K $8.64/SF
Area
Montgomery, AL
Vacancy
6.46%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,100
Cap Rate 7%
$264,357
Cap Rate 9%
$205,611
Alternative Uses
Best Use
Multifamily LT 5
$264.4K
$231.3K – $308.4K
NOI $18,505 @ 7.0% cap · market cap 8.61%
Second Best
Apartment 5plus
$244.6K
$214.0K – $285.4K
NOI $17,121 @ 7.0% cap · market cap 7.96%
Theoretical Best
Office A
$444.0K
$388.5K – $518.0K
NOI $31,077 @ 7.0% cap · market cap 14.45%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
273
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments provide separate living spaces with hardwood flooring and a generous yard.
Where is this duplex located?
The property is located at 3035 Woodley Terrace Montgomery, AL.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Approximately 2,141 SF duplex with two separate apartments; Unit A: approximately 774 SF, 1 bedroom, and 1 bathroom; Unit B: approximately 1,367 SF, 2 bedrooms, and 1 bathroom
