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16-Unit Apartment Building
For Sale
$150,000

323 Columbia Avenue, Montgomery, AL 36104

Multifamily property with on-site parking and an as-is sale structure.

Property SizeContact for details
Days on Market14

Property Features for 323 Columbia Avenue

General Information

Standard status Active
Property subtype General Commercial

Additional Details

Multifamily Units 16

Taxes and HOA fees

Annual Taxes $410

Amenities

Tile, Laminate
3
12 Parking Spaces.
343 X 200

Building Details

Year Built 1950
Listing Agency: Agape Homes LLC.
Listed By: Alicia Works · License #0114432
Source: Xome
Added: Jul 30 Changed: Aug 11 Last Checked: Aug 12 at 4:24AM

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 Agape Homes LLC.

Investment Insights

Based on property information with market context.

This 16-unit apartment building was constructed in 1950 and includes tile and laminate interior finishes. The property has 12 parking spaces, with dimensions listed as 343 X 200.

The building is being offered in its existing condition. The seller has not occupied the property and does not have firsthand knowledge of its condition. The sale is offered as-is, where-is.

Key Highlights

  • 16‑unit apartment building
  • Built in 1950
  • 12 Parking Spaces

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Building Supply Skin Care Clinic Kitchen & Bath Showroom Storage Facility Bakery

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

16
Residential units

Location Intelligence

Trade Area within ½ mile

750
Businesses Nearby

Demographics for 36104, AL

9,021
Population
5,265
Households
1.7
Avg Household Size
31
Median Age
26%
College-Educated
76%
High-School Grad
10.5 sq mi
ZIP Area
859
Density / Sq Mi
$34,975
Median Household Income
$21,668
Median Earnings
$787
Median Rent
$121,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Multifamily property with on-site parking and an as-is sale structure.
Where is this apartment building located?
The property is located at 323 Columbia Avenue 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: 16‑unit apartment building; Built in 1950; 12 Parking Spaces
More about this property
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