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Property profile

1915 Walnut St Montgomery, AL 36106

OFF-MARKET
Office buildings
Property ID
US03-3090512
1,900 SF 0.16 ac lot Built 1930
Individually Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This fully renovated duplex unit has a single bedroom and one bathroom, configured with a modern interior layout and efficient building systems. The remodeling included a top-to-bottom update with new electrical wiring and plumbing, double-pane insulated windows, and a split HVAC system for heating and cooling, along with a replaced water heater for hot-water service. Laundry is provided via an in-unit stackable washer and dryer. The kitchen was renovated with updated cabinetry, finishes, and appliances. Outside, the property has a low-maintenance yard with no grass to mow, a fenced backyard, and off-street parking. It is located near local institutions including the hospital, ASU, and Huntingdon College, and the unit’s layout can support either residential use (including student housing) or office use.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1930
Construction WOOD
Total area 1,900 SF
Lot 0.16 ac (7,000 SF)
Zoning code B-2
APN 10-04-17-3-029-004.000
UPID US03-3090512

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1915 Walnut St Montgomery, AL 36106-1547
Montgomery metro Census 1500 MONTGOMERY, AL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$95k

Owner & transaction history

since 2022
Last sale
$42,000
3 recorded transactions
2022
$42,000
2022
$30,000
2008
$35,000

Zoning & alternative use

B-2 · Montgomery, AL
Zoning description

lands at service stations is at least ten feet from all property lines. **Off site parking may be provided to meet this requirement, provided previous approval is obtained from the planning commission. Individual Stores…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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