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Fully Occupied Duplex with Separate Meters
For Sale
$150,000

321 Olivia Ct, Montgomery, AL 36107

Two leased units offer private entrances, driveways, and washer/dryer hookups with separately metered utilities.

Property SizeContact for details
Days on Market35

Property Features for 321 Olivia Ct

General Information

Standard status Active
Property subtype Residential Income
Occupancy 100%

Financials

Asking Price $150,000
Gross Income $20,100

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $952

Amenities

private driveways
washer/dryer hookups
separate entrances

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Bo Evans Realty
Listed By: Bryant Evans
Source: Exprealty
Added: Jul 29 Changed: Aug 28 Last Checked: Aug 30 at 11:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bo Evans Realty

Investment Insights

Based on property information with market context.

This duplex at 321 Olivia Ct includes two individually leased units, each with 2 bedrooms and 1 bathroom. Separate entrances, private driveways, and washer/dryer hookups provide independent access and practical residential functionality. Water, gas, and electric service are separately metered for each unit.

The property sits at the end of a cul-de-sac in Montgomery, Alabama. The unit at 319 Olivia Ct is leased through May 31, 2027, while the unit at 321 Olivia Ct is leased through July 31, 2027. Both units are occupied, and the leases provide an established operating structure for the next owner. Property operations include lawn maintenance and management responsibilities.

Key Highlights

  • Two units, each with 2 bedrooms and 1 bathroom
  • Separate water, gas, and electric meters for each unit
  • 319 Olivia Ct leased through May 31, 2027

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office (Bike/Boat/Book/etc) Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

444
Businesses Nearby

Demographics for 36107, AL

8,418
Population
3,995
Households
2.1
Avg Household Size
35
Median Age
17%
College-Educated
84%
High-School Grad
3.2 sq mi
ZIP Area
2,631
Density / Sq Mi
$31,895
Median Household Income
$27,173
Median Earnings
$883
Median Rent
$69,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two leased units offer private entrances, driveways, and washer/dryer hookups with separately metered utilities.
Where is this duplex located?
The property is located at 321 Olivia Ct Montgomery, AL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; Separate water, gas, and electric meters for each unit; 319 Olivia Ct leased through May 31, 2027
More about this property
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