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    Property profile & analytics

    1131 Perry St Montgomery, AL 36104-5051

    • Residential income homes
    • 5,626 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $195,000
    Last Sale
    Jun 16, 2021
    $245,000
    Location Intelligence
    Property ID
    US03-0821030
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 1131 Perry St

    Year built
    1930
    Construction
    WOOD
    Lot size
    0.28 lot acres
    Property size
    5,626 SF
    Zone code
    R-60-D
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    10-04-18-3-014-010.000
    APU
    1004183014010000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $205,000

    • CAP approach

      CAP return
      Estimation
      6%
      $180,000
      6.5%
      $175,000
      7%
      $145,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $165,000
      Geo Method
      $175,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $165,000
      Retail
      $185,000
      Mixed-Use
      $165,000
      Hospitality
      $170,000
      Educational
      $170,000
      Residential Income
      $145,000
      Energy
      $165,000
      Income-Based Land
      $150,000
      Food Service
      $175,000

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.3065
    Latitude
    32.3619
    CBSA code
    33860
    CBSA name
    MONTGOMERY, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,015
    $6,240
    $55,380
    $61,620
    -
    $31,200
    $276,900
    $308,100

    Comparable in this City

    • Value Estimation by Request
      3,665 SF

      635 Virginia Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,665 SF
      635 Virginia Ave, Montgomery, AL 36104-4866
      View Details
    • Value Estimation by Request
      2,531 SF

      1220 Hull St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,531 SF
      1220 Hull St, Montgomery, AL 36104-5125
      View Details
    • Value Estimation
      $265,000
      4,444 SF

      1301 Mcdonough St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,444 SF
      1301 Mcdonough St, Montgomery, AL 36104-5501
      View Details
    • Value Estimation
      $210,000
      4,102 SF

      454 Hull St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,102 SF
      454 Hull St, Montgomery, AL 36104-4214
      View Details
    • Value Estimation
      $125,000
      5,348 SF

      1316 Perry St

      APARTMENT HOUSE (UNDER 5 UNITS) • 5,348 SF
      1316 Perry St, Montgomery, AL 36104-0001
      View Details
    • Value Estimation
      $220,000
      4,155 SF

      1705 Hull St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,155 SF
      1705 Hull St, Montgomery, AL 36104-5551
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Multi-Family Investment Opportunity

      Multi-family unit needing TLC, great investment potential in growing area.
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      Montgomery Triplex with Investment Potential

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      Charming Historic Tri-Plex Investment

      Well-maintained tri-plex with strong rental potential in a desirable neighborhood.
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      Montgomery Industrial Portfolio

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    Similar Nearby for Lease

    • $17 SF/Yr
      38,658 SF

      Downtown Montgomery Office Space

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    • Contact for pricing
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      Downtown Montgomery Riverfront Property

      Prime Riverfront Retail & Land Opportunity
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    • $2,400 /Mo
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      Downtown Montgomery Commercial Space Available

      Prime downtown location suitable for retail, office, or restaurant.
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      View Details
    • $4 SF/Yr
      68,000 SF

      Downtown Montgomery Industrial Flex Space

      68,000 SF Flex/Warehouse Space Available
      243 Catoma St, Montgomery, AL 36104
      View Details
    • Contact for pricing
      2,600 SF

      Downtown Montgomery Executive Office Space

      Prime 2,600 sq ft office, flexible buildout.
      529 Perry St, Montgomery, AL 36104
      View Details
    • Contact for pricing
      120,466 SF

      Downtown Montgomery Office Space

      Class A Office Suites, 799-5755 SF
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      View Details
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    1131 Perry St
    Montgomery, AL 36104-5051
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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