1618 Midway St Montgomery, AL 36110
North Montgomery NeighborhoodEstimated payment $521/month
Highlights
- Attic
- Laundry Room
- Wood Fence
- Bathtub with Shower
- Central Heating and Cooling System
About This Home
Income-producing property with an established Section 8 tenant paying $1,100 per month! This well-maintained 3-bedroom, 1-bath home offers a great opportunity for investors seeking stable cash flow and a valuable addition to their rental portfolio.
The property features a newer HVAC system and a roof that is only six years old, helping minimize near-term capital expenses. Inside, you'll find a functional layout with a separate laundry room, adding convenience and appeal for tenants. This property provides immediate rental income from day one, making it ideal for both seasoned investors and those looking to expand their holdings with a low-maintenance asset.
Whether you're building long-term wealth or seeking dependable monthly income, this property checks the boxes with strong rental demand, existing cash flow, and major system updates already in place. DON'T ASK FOR SELLER FINANCING, MORTGAGE TAKEOVER OR OTHER CREATIVE FINANCING METHODS WILL NOT BE CONSIDERED.
Home Details
Home Type
- Single Family
Year Built
- Built in 1970
Lot Details
- 8,276 Sq Ft Lot
- Wood Fence
Home Design
- Brick Exterior Construction
- Pillar, Post or Pier Foundation
Kitchen
- Laminate Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry Room
- Laundry on main level
- Washer and Electric Dryer Hookup
Parking
- Driveway
- On-Street Parking
Schools
- Highland Gardens Elementary School
- Capitol Heights Middle School
- Lanier High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Additional Features
- Attic
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $630 | $12,880 | $1,500 | $11,380 |
| 2024 | $620 | $12,680 | $1,500 | $11,180 |
| 2023 | $620 | $9,080 | $1,500 | $7,580 |
| 2022 | $323 | $8,860 | $1,500 | $7,360 |
| 2021 | $195 | $5,340 | $1,500 | $3,840 |
| 2020 | $195 | $5,340 | $1,500 | $3,840 |
| 2019 | $81 | $5,680 | $1,500 | $4,180 |
| 2018 | $81 | $0 | $0 | $0 |
| 2017 | $110 | $7,620 | $1,500 | $6,120 |
| 2014 | $118 | $4,350 | $750 | $3,600 |
| 2013 | -- | $4,520 | $750 | $3,770 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/21/2026 06/21/26 | For Sale | $86,000 | 0.0% | $87 / Sq Ft | |
| 01/29/2026 01/29/26 | Rented | $825 | 0.0% | -- | |
| 12/11/2025 12/11/25 | For Rent | $825 | +3.8% | -- | |
| 09/03/2024 09/03/24 | Rented | $795 | 0.0% | -- | |
| 08/27/2024 08/27/24 | For Rent | $795 | 0.0% | -- | |
| 03/06/2024 03/06/24 | Rented | $795 | 0.0% | -- | |
| 03/03/2024 03/03/24 | Price Changed | $795 | -11.2% | $1 / Sq Ft | |
| 01/22/2024 01/22/24 | Price Changed | $895 | -10.1% | $1 / Sq Ft | |
| 12/22/2023 12/22/23 | For Rent | $995 | 0.0% | -- | |
| 03/20/2023 03/20/23 | Sold | $69,000 | 0.0% | $70 / Sq Ft | View Prior Sale |
| 02/13/2023 02/13/23 | Pending | -- | -- | -- | |
| 10/19/2022 10/19/22 | For Sale | $69,000 | -- | $70 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $69,000 | -- | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $12,500 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $55,200 | New Conventional | |
| Previous Owner | $38,250 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $38,000 | Unknown |
Source: Greater Alabama MLS
MLS Number: 21456815
APN: 10-03-05-2-002-004.000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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