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    Montgomery, AL Multifamily Properties for Sale

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    Wetumpka, AL Millbrook, AL Elmore, AL
    31 results
    Multifamily Investment Property Opportunity
    $590,000
    7,842 SF

    Multifamily Investment Property Opportunity

    5768 Carmichael Parkway, Montgomery, AL 36117

    Well-maintained multifamily property with strong income potential in Montgomery, AL.

    • Strong income potential from a well‑maintained multifamily layout.
    • Multiple separate units offer flexible use for investors or owner‑occupants.
    • Located in a growing area with strong demand for residential and commercial use.
    • Spacious unit layouts designed for functionality and comfort.
    • Central air conditioning and electric heating are present.
    Updated: May 25
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    Well-Maintained Four-Unit Multifamily Property
    $599,900

    Well-Maintained Four-Unit Multifamily Property

    5817 BREWBAKER Boulevard, Montgomery, AL 36116

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

    • Strong income potential with 4 units, including one vacant unit for immediate occupancy.
    • Ideal for owner‑occupancy: live in one unit while renting out the other three.
    • Recently upgraded with a new roof, new windows, some exterior doors, flooring, and fixtures.
    • All units feature stainless steel appliances, fireplaces, tile, tray ceilings, wood flooring, and granite counters in the bathrooms.
    • Low‑maintenance investment property.
    Updated: May 7
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    Historic Mixed-Use Building in Montgomery
    $439,000
    3,740 SF

    Historic Mixed-Use Building in Montgomery

    Remodeled historic building suitable for residential, retail, or commercial use.

    422 Herron Street, Montgomery, AL 36104
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    Renovated Montgomery Apartment Complex
    $975,000

    Renovated Montgomery Apartment Complex

    Turnkey 12-unit apartment complex in Montgomery, Alabama.

    740 Coliseum Boulevard, Montgomery, AL 36109
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    Charming Brick Duplex Investment Opportunity
    $199,900

    Charming Brick Duplex Investment Opportunity

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

    2001 Madison Avenue, Montgomery, AL 36107
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    Downtown Montgomery Commercial Opportunity
    $650,000
    2,439 SF

    Downtown Montgomery Commercial Opportunity

    Prime commercial space in downtown Montgomery with versatile floor plan.

    16 S Perry Street, Montgomery, AL 36104
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    Renovated Duplex: Income Potential
    $279,900

    Renovated Duplex: Income Potential

    Turnkey duplex with modern finishes and income potential in Montgomery.

    1324-1326 Federal Drive, Montgomery, AL 36107
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    Montgomery Duplex Investment Opportunity
    $79,900

    Montgomery Duplex Investment Opportunity

    Duplex with rental income potential in Montgomery, Alabama.

    422 4th Street, Montgomery, AL 36110
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    Charming Multifamily Duplex with Updates
    $199,900

    Charming Multifamily Duplex with Updates

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

    2031 Ridge Avenue, Montgomery, AL 36106
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    Multifamily Property with Rental Income
    $62,900

    Multifamily Property with Rental Income

    Income-generating multifamily property with tenant in place.

    705 IRIS Lane, Montgomery, AL 36105
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    Income-Producing Duplex Near Universities
    $175,000

    Income-Producing Duplex Near Universities

    Fully leased duplex near universities, ideal for investors.

    2035-2037 WEST Street, Montgomery, AL 36106
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    Remodeled Duplex with Income Potential
    $117,000

    Remodeled Duplex with Income Potential

    Updated duplex in Montgomery, AL with immediate income and flexibility.

    2329 Highland Avenue, Montgomery, AL 36107
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    Cloverdale Duplex: Investor Opportunity
    $248,900

    Cloverdale Duplex: Investor Opportunity

    Well-maintained duplex in Cloverdale, ideal for rental income.

    2058 Woodley Road, Montgomery, AL 36111
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    Montgomery Multifamily Investment Opportunity
    $80,000

    Montgomery Multifamily Investment Opportunity

    Multifamily property in Montgomery, sold as-is for cash.

    1 Courtland Drive, Montgomery, AL 36105
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    Cloverdale Duplex with Updated Features
    $249,900

    Cloverdale Duplex with Updated Features

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

    3355 Lexington Road, Montgomery, AL 36106
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    Montgomery Multifamily Portfolio Opportunity
    $795,000

    Montgomery Multifamily Portfolio Opportunity

    Seven-house portfolio in Montgomery, Alabama, with strong income potential.

    360 OAKWILD Drive, Montgomery, AL 36109
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    Remodeled Duplex with Separate Meters
    $119,900

    Remodeled Duplex with Separate Meters

    Fully remodeled duplex in Montgomery with separate water and power.

    106 Courtland Drive, Montgomery, AL 36105
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    Six-Unit Apartment Building
    $280,000
    6,786 SF

    Six-Unit Apartment Building

    Charming six-unit multifamily property offering income potential near major regional destinations.

    3751 Wesley Drive, Montgomery, AL 36111
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    Investment Property Near Downtown
    $140,000

    Investment Property Near Downtown

    Investment opportunity near downtown Montgomery, suitable for short or long-term rentals.

    1844 Madison Avenue, Montgomery, AL 36107
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    Spacious Quadplex Near Downtown
    $425,000

    Spacious Quadplex Near Downtown

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

    1130 S Lawrence Street, Montgomery, AL 36104
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    Remodeled Duplex Near Hospital, ASU
    $250,000

    Remodeled Duplex Near Hospital, ASU

    Renovated duplex near hospital, ASU, and Huntingdon College.

    1915 Walnut Street, Montgomery, AL 36106
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    Renovated Four-Unit Building Downtown
    $540,000

    Renovated Four-Unit Building Downtown

    Four-unit building in historic downtown Montgomery, currently leased.

    2239 MADISON Avenue, Montgomery, AL 36107
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    22-Unit Apartment Building Investment Opportunity
    $1,049,900

    22-Unit Apartment Building Investment Opportunity

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

    3701 - 3743 Wesley Drive, Montgomery, AL 36111
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    Turnkey Duplex Investment Opportunity
    $175,000

    Turnkey Duplex Investment Opportunity

    Updated duplex with short-term rental potential in prime location.

    224 Finley Avenue, Montgomery, AL 36104
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    Montgomery, AL Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Montgomery, AL, showcased through 31 active listings on our real estate platform. These investment opportunities span a total of 14,021 square feet of properties for sale, with an estimated market value of $1,679,000.

    Sale prices for multifamily properties in Montgomery, AL start at $439,000, averaging $559,666, and reaching up to $650,000 — 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

    Duplexes 18
    Short term rental properties 8
    Quadplexes 4
    Apartment buildings 3

    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 median listing prices of real estate assets

    Neighborhood Average Price
    36110 $79.9K
    36105 $87.6K
    36106 $215.7K
    36107 $246K
    36104 $303.1K

    Taxes & Financing

    Tax Rate (average for all types) 4.41%
    Property Tax per SF $82.88 per sq ft
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Montgomery, AL

    • 36104
    • 36106
    • 36107
    • 36105
    • 36109
    • 36111
    • 36108
    • 36110
    • 36116
    • 36117

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