Updated Duplex with Two
New
For Sale
$160,000
307 Montgomery Street, Troy, AL 36081
Residential Income, TROY, AL
Property Size1,761 SF
Lot Size0.26 Acres
Price / SF$90.86
Days on Market1
Property Features for 307 Montgomery Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
10
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 8, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 9, Bedroom 10, Bedroom 7, Bathroom 3, Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 4, Bathroom 1
Parking features
Parking Lot
Elementary school
TES
Middle school
TMS
High school
CHHS
Directions
From KFC on Hwy 231 N, head south toward downtown Troy. Turn right onto S. 3 Notch St. Continue toward downtown, then turn left onto Montgomery St. Continue on Montgomery St to 307 Montgomery St. Property will be on the right.
Subdivision
Troy
Standard status
Active
Size
1,761 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Description
**Investment Opportunity Only 1.9 Miles from Troy University!** This recently renovated duplex offers an excellent opportunity for investors seeking a versatile income-producing property. The duplex features two separate units: a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit. Both units are currently vacant, allowing a new owner to lease both sides at current market rates. Recent updates include fresh interior paint and new flooring in select areas. Each unit will have its own washer and dryer hookups for added convenience. The property also features a rear parking area and a small outdoor space. Located just 1.9 miles from Troy University, this property offers convenient access to campus, making it an attractive rental opportunity for students, faculty, staff, or local residents. Offered at $160,000.
Legal Description
**Investment Opportunity Only 1.9 Miles from Troy University!** This recently renovated duplex offers an excellent opportunity for investors seeking a versatile income-producing property. The duplex features two separate units: a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit. Both units are currently vacant, allowing a new owner to lease both sides at current market rates. Recent updates include fresh interior paint and new flooring in select areas. Each unit will have its own washer and dryer hookups for added convenience. The property also features a rear parking area and a small outdoor space. Located just 1.9 miles from Troy University, this property offers convenient access to campus, making it an attractive rental opportunity for students, faculty, staff, or local residents. Offered at $160,000.
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
separate washer/dryer hookups
rear parking
outdoor space
Building Details
Year built
1925
Floors in Building
1
Number of units
2
Flooring type
Linoleum, Wood
Roof type
Asphalt
Listing Agency:
Cedar II Realty
(334) 770-0872
Listed By:
Mark Griffin
(334) 235-6226
Added: Aug 31
Last Checked: Aug 31 at 6:06PM
MLS# 30889
Copyright © 2026 Pike County Board of Realtors. 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.
Located at 307 Montgomery Street in Troy, this 1,761-square-foot duplex contains two separate residences: a 2BR/1BA unit and a 1BR/1BA unit. The property was built in 1925 and has received recent improvements, including fresh interior paint and updated flooring. Each unit includes separate washer and dryer hookups, while the site provides rear parking and outdoor space.
The 0.26-acre property is 1.9 miles from Troy University, placing both units near the campus while remaining within the established Troy community. Central air, electric heating, public water, public sewer, an asphalt roof, and a parking lot are also in place.
The 0.26-acre property is 1.9 miles from Troy University, placing both units near the campus while remaining within the established Troy community. Central air, electric heating, public water, public sewer, an asphalt roof, and a parking lot are also in place.
Key Highlights
- Two‑unit duplex with one 2BR/1BA residence and one 1BR/1BA residence
- 1,761 square feet on 0.26 acres
- Both units are vacant and ready for leasing
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
Explore this area
Business Placement
Demographics for 36081, AL
15,513
Population
7,398
Households
2.1
Avg Household Size
30
Median Age
32%
College-Educated
91%
High-School Grad
209.5 sq mi
ZIP Area
74
Density / Sq Mi
$42,005
Median Household Income
$26,190
Median Earnings
$833
Median Rent
$182,600
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 - Both residences are vacant, with fresh paint, new flooring, and individual laundry hookups.
Where is this duplex located?
The property is located at 307 Montgomery Street Troy, AL.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Two‑unit duplex with one 2BR/1BA residence and one 1BR/1BA residence; 1,761 square feet on 0.26 acres; Both units are vacant and ready for leasing
