Montgomery, AL Residential Income 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

33 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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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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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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Updated Multifamily Duplex

1204 S Mcdonough Street, Montgomery, AL 36104

$250,000

Updated duplex with high ceilings and spacious living areas, offered as part of a four-property portfolio package.

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Turn-Key 2-Unit Duplex

3444-3446 Wilmington Road, Montgomery, AL 36105

$125,000

Fully leased, single-story duplex with two separate 2BR/1BA units and separate utility metering.

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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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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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Fully Leased Two-Unit Duplex

3440-3442 Wilmington Road, Montgomery, AL 36105

$150,000

Single-story duplex with two leased 2-bedroom, 1-bath units, low-maintenance brick construction, and separate utility metering.

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Duplex with Updated Interiors

2031 Ridge Avenue, Montgomery, AL 36106

$199,900

Two updated units feature modern kitchens and hardwood floors, offering a two-bedroom, one-bath and two-bedroom, two-bath layout.

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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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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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Historic Mixed-Use Building

863 Grove Street, Montgomery, AL 36104

$65,900

6,650 sqft

Historic building formerly operated as a café with upstairs rental space for college students.

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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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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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Brick Four-Unit Apartment Building

327 Cloverdale Road, Montgomery, AL 36104

$419,900

All-brick four-unit building with screened porches and hardwood floors, featuring three short-term rental units and one long-term unit.

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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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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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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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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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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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Residential Income Portfolio Opportunity

1217 Federal Dr, Montgomery, AL 36107

Contact for pricing

Portfolio totals 135 rentable units across 96 single-family homes and multifamily buildings plus an additional vacant lot.

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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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Montgomery, AL Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Montgomery, AL, showcased through 33 active listings on our real estate platform. These investment opportunities span a total of 14,492 square feet of properties for sale, with an estimated market value of $11,025,672.

Sale prices for residential income properties in Montgomery, AL start at $45,000, averaging $424,064, and reaching up to $3,731,172 — 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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Montgomery, AL Residential Income Properties for Sale

5768 Carmichael Parkway, Montgomery, AL 36117

1314-1316 S Hull Street, Montgomery, AL 36104

5817 BREWBAKER Boulevard, Montgomery, AL 36116

419 N. Bainbridge St, Montgomery, AL 36104

740 Coliseum Boulevard, Montgomery, AL 36109

1204 S Mcdonough Street, Montgomery, AL 36104

3444-3446 Wilmington Road, Montgomery, AL 36105

2201 Upper Wetumpka Rd, Montgomery, AL 36107

1324-1326 Federal Drive, Montgomery, AL 36107

3440-3442 Wilmington Road, Montgomery, AL 36105