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Montgomery, AL Multifamily Homes & Duplexes for Sale

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  • /26

    $95,000

    2107 Winona Ave, Montgomery, AL 36107

    Investment dream. 3 units in desirable Capitol Heights. 2, 1bedroom units and one 2 bedroom unit.

    Agent Photo

    Keith Roll

    Capital Rlty Grp River Region

    (334) 500-4230

    2107 Winona Ave, Montgomery, AL 36107
  • /13

    $69,500

    533 Winston Dr Unit 3C, Montgomery, AL 36111

    Great property for investors. This gem is located in the Normandale area in Montgomery, Alabama. Updated features. It will make a wonderful place for a small family. It features 2 Bedrooms 2 bathrooms located on the second floor plus a half-bath for guests on the first floor. Don't forget the enclosed patio convenient for outdoor activities and family gatherings .The Current tenant has leased for

    Agent Photo

    Laila Goston

    KW Montgomery

    (334) 686-0563

    533 Winston Dr Unit 3C, Montgomery, AL 36111
  • /28

    $269,900

    1131 Magnolia Curve, Montgomery, AL 36106

    Charming 1940's duplex on the corner of Girard and Magnolia. The large lot is located in the lovely walking neighborhood of Cloverdale, just 2 blocks from the Old Cloverdale Community Garden. Part of the Cloverdale Historic District. Hardwood floors and high ceilings throughout each unit. Not to mention each unit has new central heating and air, new kitchen appliances including refrigerators,

    Kim McElroy KW Montgomery

    1131 Magnolia Curve, Montgomery, AL 36106
  • /11

    $95,000

    3772 Whiting Ave, Montgomery, AL 36105

    This massive 10-bedroom, 5-bath duplex offers incredible potential and tons of space to work with. The exterior updates are already complete — including new siding, fresh paint, and the roof was replaced in 2021! The interior is ready for your vision, it will require a full rehabilitation and cosmetic updates. The property is divided into two separate units — one with 6 bedrooms and 3 baths

    Marcus Mckay CMP Realty Partners

    3772 Whiting Ave, Montgomery, AL 36105
  • /37

    $540,000

    2239 Madison Ave, Montgomery, AL 36107

    Rare 4 Unit Investment Property in Historic Downtown Montgomery on Madison Ave! Proven AirBnb Performer, Currently leased at $12,000 per month! Opportunities like this don't come around often - located in the heart of historic downtown Montgomery, this fully renovated 4 Unit Apartment Building features (2) 1 BR/1BA units & (2) Efficiency units - convenient for Airbnb travelers, corporate stays,

    Jamie Thompson EXIT Garth Realty

    2239 Madison Ave, Montgomery, AL 36107
  • /3

    $255,900

    209 Arlington Rd, Montgomery, AL 36105

    This classic 4-unit apartment building in Montgomery, Alabama offers strong investment potential with plenty of room to add value. Each unit includes 1-2 bedrooms, a full bathroom, a living area, and kitchen space. While the property has not been recently updated, it has been maintained and is fully functional, providing an excellent opportunity for investors looking to renovate and increase

    Electia Love Bealoaks Properties

    209 Arlington Rd, Montgomery, AL 36105
  • /11

    $229,900

    3017 Mcqueen St, Montgomery, AL 36107

    Discover this well-maintained quadplex offering strong income potential in the heart of Montgomery. Currently 50% occupied with an application pending on a third unit at $675/month, this property provides an immediate return with additional upside as remaining units are leased.Unit A has been fully remodeled to an upper-level finish, presenting an excellent opportunity for a short-term

    Sara Thompson Precision Property Group

    3017 Mcqueen St, Montgomery, AL 36107
  • /2

    $165,000

    1928 Teague St, Montgomery, AL 36106

    Property is "as IS"

    Keith Elmore LEM Realty, LLC.

    1928 Teague St, Montgomery, AL 36106
  • /3

    $330,000

    432 Clanton Ave, Montgomery, AL 36104

    Come see this great opportunity for investors in the Garden District Area of Montgomery. This is a four unit Multi-Family plus a single bedroom detached cottage. The four-plex is a two story building. Each unit within the duplex is a two bedroom one bath unit with a living room and full kitchen. All units have washers and dryer connections which make them extremely attractive to prospective

    Bob Champion Scott Champion and Company

    432 Clanton Ave, Montgomery, AL 36104
  • /2

    $199,000

    1709 Madison Ave, Montgomery, AL 36107

    Great brick 4-Plex close to downtown. Call to schedule viewing. Value add opportunity.

    Lincoln Herman HMR Group, LLC.

    1709 Madison Ave, Montgomery, AL 36107
  • /38

    $570,000

    2620 E 3rd St, Montgomery, AL 36107

    Check out this beautifully renovated 6 unit multi-family building situated just off Zelda Rd near I-85 CURRENTLY GENERATING $6-$7,000 per month as Short Term Rental! "The Teal House" features fully furnished studio apartments including full kitchens with appliances, tile bathrooms and luxury showers, refinished hardwood floors, new Mini-split AC systems, Common Laundry & Lobby area. High Speed

    Jamie Thompson EXIT Garth Realty

    2620 E 3rd St, Montgomery, AL 36107
  • /20

    $217,500

    1314 S Hull St, Montgomery, AL 36104

    **Charming Historic Tri-Plex Investment Opportunity**Mortgage Monthly Payments range from $1269-$1696 depending on type of financing. Ask about interest rate buy down too! The HVAC at unit 1314 replaced 02/25/25. Water heater at unit 1314 was in 2024. Roof replaced April 2025. Discover an exceptional investment opportunity with this beautifully maintained tri-plex, ideally situated in a desirable

    Sarah Little Pinnacle Group at KW Montg.

    1314 S Hull St, Montgomery, AL 36104
  • /27

    $210,000

    139 Mount Vernon Dr, Montgomery, AL 36105

    Investment Opportunity in Cloverdale!Just steps from Cloverdale’s beloved Vintage Year Cafe, this upgraded duplex is primed for your next investment. The owner has invested $31,315.38 in recent upgrades and repairs, making this property both appealing and turnkey.The downstairs unit offers 4 bedrooms and 2 baths with a strong rental potential of $1,200/month, while the upstairs unit

    Sarah Little Pinnacle Group at KW Montg.

    139 Mount Vernon Dr, Montgomery, AL 36105
  • /2

    $80,000

    1502 S Court St, Montgomery, AL 36104

    Duplex with income of $575 & $495. great investment property. No owner financing.

    Paul Shashy Shashy Realty, LLC

    1502 S Court St, Montgomery, AL 36104
  • /32

    $1,049,900

    3743 Wesley Dr, Montgomery, AL 36111

    INVESTORS DREAM!!! Great 22-unit apartment building with huge upside potential. 17 of 22 units have been fully renovated and have tenants in them. There remains five units to be remodeled. This is a great investment. All 1 Bedroom units are 900+ square feet and the 2 Bedroom apartments are 1000+ Sq/Ft with large patio/balconies. There is an incredible courtyard out back offering residents a place

    Jaquon Robinson Norluxe Realty Montgomery

    3743 Wesley Dr, Montgomery, AL 36111
  • /35

    $625,000

    2020 Allendale Rd, Montgomery, AL 36111

    This is quite an opportunity to own a unique property in a fabulous location! Directly across from Montgomery Country Club, this large triplex enjoys views of the golf course and lake. Each unit is large with at least 2,100 SF and 3 or 4 bedrooms, with a total building size of approximately 6,900 SF. There are 2 nice balconies, ample parking and the units could be bought mostly furnished. The

    Bill Davis Reid & Davis Realtors, LLC.

    2020 Allendale Rd, Montgomery, AL 36111
  • /15

    $150,000

    2133 Felder Terrace, Montgomery, AL 36106

    Duplex with long term tenants now available to add to your investment portfolio.

    Kimberly Johnson

    2133 Felder Terrace, Montgomery, AL 36106
  • /32

    $249,900

    3355 Lexington Rd, Montgomery, AL 36106

    This two unit (and possibly 3) investment opportunity is located in desirable Cloverdale/Idlewild. Built as a duplex in the 1930's, the two main units have updated kitchens and baths, new kitchen appliances, including gas range, built in microwave, dishwasher and refrigerator, and some new plumbing. New roof in 2024. Unit 1 has an enclosed front porch for additional living space, and unit 2 has a

    Kim McElroy KW Montgomery

    3355 Lexington Rd, Montgomery, AL 36106
  • /22

    $255,000

    517 N Florida St, Montgomery, AL 36107

    Great Investment Potential! Investors can convert to a duplex, rent by unit, or operate as short-term or mid- term housing. Conveniently located near Downtown Montgomery, Maxwell Air Force Base, and major employers, this property sits in an area experiencing steady appreciation. Spacious rooms, a convenient layout, private entrances and separate utilities. This property provides ample parking for

    Marcia Argueta Adair Realty Management LLC.

    517 N Florida St, Montgomery, AL 36107
  • /2

    $50,000

    459 Finley Ave, Montgomery, AL 36104

    Great investment opportunity. All systems and condition unknown to seller. Seller has never lived in the property. Sold AS-IS, WHERE IS. No Seller concessions will be paid. No Contingencies accepted. CASH ONLY. Schools to be verified by purchaser. No tenant.

    Tammitha Prince Pinnacle Group at KW Montg.

    459 Finley Ave, Montgomery, AL 36104
  • /2

    $26,500

    635 Virginia Ave, Montgomery, AL 36104

    Opportunity knocks with this Multi Family Unit! While it does need great TLC and repairs, it's a fantastic investment opportunity. Located in a growing area, this property has great potential for equity growth. Perfect for investors who are ready to bring their vision to life. There is potential for rentals for students of Alabama State University or Huntingdon College. Property is being sold AS

    Arleathia Davis Montgomery Metro Realty

    635 Virginia Ave, Montgomery, AL 36104
  • /2

    $199,999

    1001 Felder Ave, Montgomery, AL 36106

    Rare multi-family lot in the heart of beautiful Cloverdale. Fronts on the historic Felder Ave and backs on Belmont St. Current zoning is R-60-M and allows for up to 24 units. Nearby apartment units rent from $1400 to $2600 per month! This will make for an awesome investment in the highly desired community of Cloverdale!

    Blake Lawley Harris And Atkins Real Estate

    1001 Felder Ave, Montgomery, AL 36106
  • /24

    $242,500

    3141 Le Bron Rd, Montgomery, AL 36106

    Prime Cloverdale Investment Opportunity and Prime LOCATION! This Classic Brick Two-Unit Multifamily Home sits in the heart of Historic Cloverdale, one of Montgomery’s most charming and sought-after neighborhoods. Each spacious apartment features Hardwood Floors, Central Heating and Air, a Water Heater, and Washer/Dryer hookups. New Roof in 2020. The units boast Large Living Rooms and Unit 3141

    Emily Taylor IronGate Real Estate

    3141 Le Bron Rd, Montgomery, AL 36106
  • /6

    $280,000

    • 6 Baths
    • 6,786 Sq Ft

    3751 Wesley Dr, Montgomery, AL 36111

    Welcome to this charming 6 plex in Montgomery! It is a great investment opportunity in a great location just minutes from the interstate, downtown Montgomery, and Eastchase! Whether you are just starting out or trying to expand your portfolio, this is a great income producing property!

    Earl Irvine BuyInvestRentSell.com LLC

    3751 Wesley Dr, Montgomery, AL 36111

Why Live in Montgomery

Montgomery's rich Civil Rights history comes alive through landmarks like the Dexter Avenue King Memorial Baptist Church, where Dr. Martin Luther King Jr. led the Montgomery Bus Boycott, and the Rosa Parks Museum located at the site of her historic arrest. The Legacy Museum and National Memorial for Peace and Justice provide powerful educational experiences about racial justice. Cultural attractions include the Alabama Shakespeare Festival in Blount Cultural Park and the Montgomery Museum of Fine Arts. The city's dining scene features standout restaurants like Vintage Year, known for refined Southern cuisine from James Beard semifinalist Chef Eric Rivera, and Central, an upscale downtown establishment focused on local ingredients.

The housing market includes diverse options across several neighborhoods. Single family homes in Old Cloverdale have a median price of $279,900, while similar homes in the Garden District list at a median of $145,000. The citywide median sale price for single family homes is $189,900. Condos range from a median of $160,000 for one bedroom units to $149,900 for two bedrooms. Townhomes have a median price of $348,600.

Montgomery's cost of living sits 10.7% below the national average. A family with school age children needs approximately $95,000 annually to live comfortably, while renters should aim for $48,000. The property tax rate of 0.37% compares favorably to nearby cities like Birmingham at 0.6%. Private schools like The Montgomery Academy and Trinity Presbyterian School, both rated A plus by Niche, serve multiple neighborhoods including Brentwood and East Montgomery. The Montgomery Area Transit System provides public transportation, though most residents rely on personal vehicles. Major employers include Maxwell Gunter Air Force Base, state government offices, and Hyundai Motor Manufacturing Alabama.

Home Trends in Montgomery, AL

Housing Trends

Median Sale Price
$199,900
Median Single Family Sale Price
$202,000
Median Townhouse Sale Price
$360,000
Median 2 Bedroom Sale Price
$149,900
Median 1 Bedroom Sale Price
$160,000
Average Price Per Sq Ft
$111
Number of Homes for Sale
533
Last 12 months Home Sales
1,606
Months of Supply
4.00
Median List Price
$215,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
3%
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