Renovated
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 Market47
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 4, Bedroom 7, Bedroom 5, Bathroom 3, Bedroom 8, Bedroom 2, Bedroom 1, Bedroom 10, Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 9
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
**Income-Producing Duplex Only 1.9 Miles from Troy University!** Recently renovated duplex featuring a 2BR/1BA and 1BR/1BA unit. **Both sides are currently rented and generating income.** Recent updates include fresh paint and flooring. Each unit has washer/dryer hookups, plus rear parking and outdoor space. Offered at $160,000.
Legal Description
**Income-Producing Duplex Only 1.9 Miles from Troy University!** Recently renovated duplex featuring a 2BR/1BA and 1BR/1BA unit. **Both sides are currently rented and generating income.** Recent updates include fresh paint and flooring. Each unit has washer/dryer hookups, plus rear parking and outdoor space. Offered at $160,000.
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
washer/dryer hookups
outdoor space
Building Details
Year built
1925
Floors in Building
1
Number of units
2
Flooring type
Wood, Linoleum
Roof type
Asphalt
Listing Agency:
Cedar II Realty
(334) 770-0872
Listed By:
Mark Griffin · License #0001753540
(334) 235-6226
Added: Aug 31
Changed: Oct 7
Last Checked: Oct 16 at 12:06AM
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.
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Investment Insights
Based on property information with market context.
This 1,761-square-foot duplex, built in 1925, contains two residences: one with two bedrooms and one bathroom, and another with one bedroom and one bathroom. Recent renovations include fresh paint and updated flooring. Washer and dryer hookups, central air, electric heat, and rear parking are also present, along with outdoor space.
The 0.26-acre property is 1.9 miles from Troy University. Both units are currently rented.
The 0.26-acre property is 1.9 miles from Troy University. Both units are currently rented.
Key Highlights
- Two‑unit layout: one 2BR/1BA residence and one 1BR/1BA residence
- Both units are currently rented
- 1,761 square feet on 0.26 acres
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The property contains one two-bedroom unit and one one-bedroom unit, both currently occupied.
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 layout: one 2BR/1BA residence and one 1BR/1BA residence; Both units are currently rented; 1,761 square feet on 0.26 acres
