Montgomery, AL Multifamily Properties for Sale

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Wetumpka, AL Millbrook, AL Elmore, AL Prattville, AL Pike Road, AL Deatsville, AL Mount Meigs, AL Dothan, AL

48 properties

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Updated: Jul 10

Historic Triplex with Deck Space

1314-1316 S Hull Street, Montgomery, AL 36104

$217,500

Unit 1314 HVAC replaced 02/25/25
Unit 1314 water heater replaced in 2024
Roof replaced April 2025
Unit 1314 has a private deck; 1316A&B share front and back decks
Central natural gas heating with electric cooling

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Updated: May 7

Four-Unit Quadplex with Vacant Unit

5817 BREWBAKER Boulevard, Montgomery, AL 36116

$599,900

4‑unit quadplex with one vacant unit ready for immediate occupancy
Each unit offers 2 bedrooms and 2 bathrooms
Stainless steel appliances, fireplaces, wood flooring, tile, and granite bathroom counters
Tray ceilings in both the common area and primary bedroom
Renovations include a new roof, new windows, and some exterior doors

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Renovated 2-Unit Duplex

2031 Ridge Avenue, Montgomery, AL 36106

$299,000

Two updated apartments combine period details with contemporary kitchens and baths.

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Zoned Mixed-Use Investment Property

419 N. Bainbridge St, Montgomery, AL 36104

$199,000

0.71 AC lot

Investment property zoned T4-0 within an opportunity zone, positioned for mixed-use, duplex/quadplex, or retail development.

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Brick Duplex with Separate Meters

3444-3446 Wilmington Road, Montgomery, AL 36105

$125,000

Each residence provides a two-bedroom layout with an eat-in kitchen, living area, and one bathroom.

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Renovated 12-Unit Apartment Building

740 Coliseum Boulevard, Montgomery, AL 36109

$960,000

All residences feature updated interiors, central HVAC, and eat-in kitchens.

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Renovated Duplex

1324-1326 Federal Drive, Montgomery, AL 36107

$274,900

Updated two-unit property with modern finishes, public utilities, driveway parking, and one leased residence.

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Historic Apartment Portfolio

12 E Jefferson St, Montgomery, AL 36104

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29,365 sqft

Three adaptive-reuse multifamily communities combine historic architectural details with updated residential interiors.

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Single-Story Two-Unit Duplex

3440-3442 Wilmington Road, Montgomery, AL 36105

$150,000

Fully leased duplex with separately metered units and matching two-bedroom floor plans.

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Brick Duplex with Detached Garage

3355 Lexington Road, Montgomery, AL 36106

$249,900

Two residential units feature updated kitchens, baths, and modern appliances.

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Garden-Style LIHTC Apartment Community

2201 Upper Wetumpka Rd, Montgomery, AL 36107

$3,731,172

Well-maintained four-building multifamily community with 65 LIHTC units in extended-use, featuring controlled access and in-unit hookups.

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Brick Duplex with Storage Building

2058 Woodley Road, Montgomery, AL 36111

$243,900

Two-unit property with wood flooring, eat-in kitchens, and public water and sewer.

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Brick Duplex with Driveway

702 Capri Street, Montgomery, AL 36105

$30,000

Two-unit residential property offered in its current condition for cash purchase.

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Boutique Historic Loft Multifamily Portfolio

10 East Jefferson Street, Montgomery, AL 36104

$4,350,000

Three boutique multifamily loft communities in Downtown Montgomery with historic adaptive reuse features and in-unit laundry.

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Brick 6-Plex Apartment Building

3751 Wesley Drive, Montgomery, AL 36111

$280,000

Brick 6-plex with electric heating, public water, and an asphalt roof built in 1956.

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Brick Duplex with Modern Systems

2329 Highland Avenue, Montgomery, AL 36107

$87,000

Two-unit residential income property with public water and sewer, electric appliances, and vinyl plank flooring.

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Renovated Triplex with Studio Unit

9 Calhoun Rd, Montgomery, AL 36109

$254,900

Three leased apartments include rear off-street parking in Montgomery’s Morningview neighborhood.

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Two-Unit Duplex with Mini Splits

422 4th Street, Montgomery, AL 36110

$74,000

As-is residential income property with ductless heating and cooling, public utilities, and reported plumbing and electrical updates.

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16-Unit Apartment Building

323 Columbia Avenue, Montgomery, AL 36104

$150,000

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

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Brick Duplex with Public Utilities

1 Courtland Drive, Montgomery, AL 36105

$40,000

Two-unit residential property with an eat-in kitchen, public water, and public sewer service.

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Fully Occupied Duplex with Separate Meters

321 Olivia Ct, Montgomery, AL 36107

$150,000

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

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Capital City RV Park

4655 Old Wetumpka Highway, Montgomery, AL 36110

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Established in 2004, the park provides monthly and transient housing in Montgomery, Alabama.

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All-Brick Duplex with Covered Porches

2214 Carter Hill Road, Montgomery, AL 36106

$235,000

Two-level units offer separate dining, laundry, and screened outdoor areas.

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Duplex Apartment Property

2816 Thrasher St, Montgomery, AL 36107

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1,443 sqft 0.19 AC lot

One-bedroom, one-bath apartment near Walmart Supercenter with access to I-85 and downtown Montgomery.

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Montgomery, AL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Montgomery, AL, showcased through 48 active listings on our real estate platform. These investment opportunities span a total of 30,808 square feet of properties for sale, with an estimated market value of $12,963,507.

Sale prices for multifamily properties in Montgomery, AL start at $30,000, averaging $540,146, and reaching up to $4,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 206K

Population Growth (5Y) +4.7%

Median Household Income $56,642

College Educated 15.7%

High-Yield Neighborhoods for Investment

Identify Montgomery submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
36110	$79.9K
36105	$86.3K
36106	$218.7K
36111	$524.6K
36117	$590K

Taxes & Financing

Tax Rate (average for all types) 4.41%

Property Tax per SF $82.88 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Montgomery County

New Delisted

Total CRE Inventory on Market (SF)

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