Montgomery, AL Multifamily Properties for Sale

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

21 properties

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Updated: May 25

Multifamily Investment Property Opportunity

5768 Carmichael Parkway, Montgomery, AL 36117

$590,000

7,842 sqft

Multifamily building with multiple separate units in one property
Year built: 1981
Construction materials include brick veneer and wood siding
Heating includes electric heating and central heating
Cooling includes electric, central air, and multi‑unit cooling

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Updated: Jul 10

Historic Three-Unit Tri-Plex Investment

1314-1316 S Hull Street, Montgomery, AL 36104

$217,500

Tri‑plex with three units and wood siding; built in 1900 with wood and tile flooring
Central heating and central air; HVAC at unit 1314 replaced 02/25/25
Water heater at unit 1314 installed in 2024; new water heater for 1316A installed 06/2026
Roof replaced April 2025
Kitchen appliances include dishwasher, electric cooktop, electric oven/range, refrigerator; gas water heater on site

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Well-Maintained Four-Unit Multifamily Property

5817 BREWBAKER Boulevard, Montgomery, AL 36116

$599,900

Four-unit property with upgrades, ideal for investors or owner-occupants.

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Remodeled Duplex Near Hospital, ASU

1915 Walnut Street, Montgomery, AL 36106

$250,000

Renovated duplex near hospital, ASU, and Huntingdon College.

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Fully Renovated 12-Unit Apartment Building

740 Coliseum Boulevard, Montgomery, AL 36109

$960,000

Turnkey, renovated 12-unit apartment complex with new plumbing, electrical updates, and brand-new HVAC systems.

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Renovated Duplex with Two Units

1324-1326 Federal Drive, Montgomery, AL 36107

$274,900

Turnkey duplex at 1324-1326 Federal Drive with two renovated 2-bedroom, 1-bath units.

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Remodeled Brick Duplex

2329 Highland Avenue, Montgomery, AL 36107

$109,000

Remodeled two-unit brick duplex with modern electrical, split HVAC, and updated plumbing, suited for owner-occupancy or rentals.

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Spacious Quadplex Near Downtown

1130 S Lawrence Street, Montgomery, AL 36104

$425,000

Four-unit property with potential for short-term rental income.

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Duplex For Sale

702 Capri Street, Montgomery, AL 36105

$45,000

Duplex offered for sale AS-IS, with systems and condition unknown and sale terms requiring cash purchase.

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Six-Unit Apartment Building

3751 Wesley Drive, Montgomery, AL 36111

$280,000

Six-unit apartment building offered for sale in Montgomery, positioned near major routes for consistent rental demand.

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22-Unit Apartment Building Investment Opportunity

3701 - 3743 Wesley Drive, Montgomery, AL 36111

$1,049,900

22-unit apartment building with renovation upside in Montgomery, Alabama.

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Montgomery Duplex Investment Opportunity

422 4th Street, Montgomery, AL 36110

$79,900

Duplex with rental income potential in Montgomery, Alabama.

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Multifamily Property with Rental Income

705 IRIS Lane, Montgomery, AL 36105

$62,900

Income-generating multifamily property with tenant in place.

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Two-Unit Duplex Investor Opportunity

3327 Suwanee Drive, Montgomery, AL 36108

Contact for pricing

Two-unit duplex with recent roof, ideal for investors.

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Income-Producing Duplex Near Universities

2035-2037 WEST Street, Montgomery, AL 36106

$175,000

Fully leased duplex near universities, ideal for investors.

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Well-Maintained Duplex with Storage Building

2058 Woodley Road, Montgomery, AL 36111

$243,900

Two-unit duplex with hardwood floors, updated kitchens, and a brick exterior storage building for added tenant convenience.

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Duplex Investment Opportunity

1502 S Court Street, Montgomery, AL 36104

$80,000

Duplex with existing income, great investment property.

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Cloverdale Duplex with Updated Features

3355 Lexington Road, Montgomery, AL 36106

$249,900

Two-unit property in Cloverdale/Idlewild with updated kitchens and baths.

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Charming Multifamily Duplex with Updates

2031 Ridge Avenue, Montgomery, AL 36106

$199,900

Historic duplex with modern updates, ideal for owner-occupant or investor.

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Charming Brick Duplex Investment Opportunity

2001 Madison Avenue, Montgomery, AL 36107

$199,900

Well-maintained duplex with Airbnb potential and versatile living options.

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Duplex Investment Property

1 Courtland Drive, Montgomery, AL 36105

$55,000

Duplex offered for sale in as-is, where-is condition, sold cash only with systems condition unknown to seller.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Montgomery, AL, we suggest to view alternatives - similar 51 Off-Market properties to explore as potential leads.

Off-Market Properties in Montgomery, AL

Consider similar Off-Market properties in Montgomery, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MOBILE HOME PARK, TRAILER PARK

1432 Birch Trce, Montgomery, AL 36108

Value Estimation by Request

0.06 AC lot

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MOBILE HOME PARK, TRAILER PARK

1417 Deer Trce, Montgomery, AL 36108-4752

Value Estimation by Request

0.04 AC lot

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MOBILE HOME PARK, TRAILER PARK

1456 Quail Trce, Montgomery, AL 36108-4776

Value Estimation by Request

0.08 AC lot

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Montgomery, AL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Montgomery, AL, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 7,842 square feet of properties for sale, with an estimated market value of $590,000.

Sale prices for multifamily properties in Montgomery, AL start at $590,000, averaging $590,000, and reaching up to $590,000 — 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
36105	$54.3K
36110	$79.9K
36106	$218.9K
36107	$267.2K
36104	$275.9K

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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