3141 Le Bron Rd Montgomery, AL 36106
Cloverdale-Idlewild NeighborhoodEstimated payment $1,442/month
Highlights
- Wood Flooring
- Formal Dining Room
- Central Heating and Cooling System
- No HOA
- 1-Story Property
- 4-minute walk to Cloverdale Park
About This Home
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 has a Dining Room. Both units provide comfortable layouts and timeless character. The property offers attic space for storage, large yard and ample off-street parking. This rental property is in-demand—vacancies rarely exceed 1.5 months! Current Gross Annual Income: $24,450 (based on current annual leases), Pro Forma Cap Rate over 6% (based on current market rents). This property is within walking distance to Cloverdale Road Park, several popular local restaurants and a short drive to Huntingdon College, ASU, State Capitol and Maxwell AFB. Whether you’re looking for a turnkey investment or envision converting this beauty into a single-family residence, opportunities like this don’t come along often!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,970
Year Built
- Built in 1930
Home Design
- Brick Exterior Construction
Interior Spaces
- 1-Story Property
- Formal Dining Room
Kitchen
- Gas Range
- Microwave
Flooring
- Wood
- Tile
Parking
- Parking Pad
- Driveway
Location
- City Lot
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- No Home Owners Association
- 2 Units
- Cloverdale Subdivision
Listing and Financial Details
- Assessor Parcel Number 10-04-19-4-011-006.000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $1,996 | $40,920 | $8,000 | $32,920 |
| 2024 | $1,981 | $40,620 | $8,000 | $32,620 |
| 2023 | $1,981 | $38,820 | $8,000 | $30,820 |
| 2022 | $1,337 | $36,620 | $8,000 | $28,620 |
| 2021 | $1,164 | $31,900 | $8,000 | $23,900 |
| 2020 | $1,164 | $31,900 | $8,000 | $23,900 |
| 2019 | $1,434 | $39,280 | $8,000 | $31,280 |
| 2018 | $1,332 | $36,500 | $0 | $0 |
| 2017 | $491 | $26,880 | $8,000 | $18,880 |
| 2014 | -- | $32,620 | $8,000 | $24,620 |
| 2013 | -- | $31,500 | $15,000 | $16,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/10/2025 11/10/25 | For Sale | $242,500 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $135,000 | None Available | |
| Warranty Deed | $135,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $101,250 | New Conventional |
Source: Montgomery Area Association of REALTORS®
MLS Number: 580907
APN: 10-04-19-4-011-006.000
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.
Information is deemed reliable, but not guaranteed. Listing Information Copyright 2025 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than Ten-X are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.
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