321 Olivia Ct Montgomery, AL 36107
Highland Park NeighborhoodEstimated payment $902/month
Highlights
- Wood Flooring
- Formal Dining Room
- Central Heating
- No HOA
- 1-Story Property
- Wood Siding
About This Home
Investor Opportunity! Turnkey Cash-Flowing Duplex | Fully Occupied | Exceeds the 1% Rule! Generating $1,675 per month ($20,100 annually) with long-term lease stability already in place. Priced at $150,000, this property exceeds the 1% Rule and offers immediate cash flow from day one. Each unit features 2 bedrooms and 1 bathroom and both units are individually metered with separate water, gas, and electric meters, allowing tenants to pay all utilities and helping keep operating expenses low. Owner expenses are limited primarily to taxes, insurance, lawn maintenance, and management. Located at the end of a quiet cul-de-sac, this income-producing property consists of two individually leased units with private driveways, washer/dryer hookups, and separate entrances. Current Rental Income: 319 Olivia Ct =$925/month and Lease through May 31, 2027. 321 Olivia Ct=$750/month and Lease through July 31, 2027. Both tenants are current on rent, do not have any pets and security deposits totaling $1,675 will transfer to the purchaser at closing. Whether you're completing a 1031 exchange, purchasing your first duplex, or expanding an existing portfolio, this stabilized income-producing property offers immediate cash flow with limited owner responsibilities and minimal operating complexity.
Rent rolls available upon request.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $952
Year Built
- Built in 1950
Parking
- Driveway
Home Design
- Wood Siding
Interior Spaces
- 1-Story Property
- Formal Dining Room
Flooring
- Wood
- Tile
Location
- City Lot
Utilities
- Cooling Available
- Central Heating
- Heating System Uses Gas
- Wall Furnace
- Gas Water Heater
Listing and Financial Details
- The owner pays for grounds care
- Assessor Parcel Number 10-02-09-3-019-044.000
Community Details
Overview
- No Home Owners Association
- 2 Units
- Mcqueen Estates Subdivision
Building Details
- Insurance Expense $950
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 | $952 | $19,460 | $1,600 | $17,860 |
| 2024 | $945 | $19,300 | $1,600 | $17,700 |
| 2023 | $945 | $18,360 | $1,600 | $16,760 |
| 2022 | $625 | $17,120 | $1,600 | $15,520 |
| 2021 | $402 | $11,020 | $1,600 | $9,420 |
| 2020 | $402 | $11,020 | $1,600 | $9,420 |
| 2019 | $371 | $10,160 | $1,600 | $8,560 |
| 2018 | $364 | $9,980 | $0 | $0 |
| 2017 | $353 | $9,660 | $3,000 | $6,660 |
| 2014 | $353 | $9,660 | $3,000 | $6,660 |
| 2013 | -- | $9,440 | $3,000 | $6,440 |
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 |
|---|---|---|---|---|---|
| 07/29/2026 07/29/26 | For Sale | $150,000 | 0.0% | -- | |
| 07/24/2026 07/24/26 | Rented | $750 | 0.0% | -- | |
| 06/18/2026 06/18/26 | For Rent | $750 | 0.0% | -- | |
| 09/03/2021 09/03/21 | Sold | $85,000 | -5.6% | $50 / Sq Ft | View Prior Sale |
| 09/02/2021 09/02/21 | Pending | -- | -- | -- | |
| 06/09/2021 06/09/21 | For Sale | $90,000 | +5.9% | $53 / Sq Ft | |
| 06/07/2021 06/07/21 | Off Market | $85,000 | -- | -- | |
| 05/04/2021 05/04/21 | For Sale | $90,000 | +55.2% | $53 / Sq Ft | |
| 02/08/2021 02/08/21 | Sold | $58,000 | -3.2% | $34 / Sq Ft | View Prior Sale |
| 12/21/2020 12/21/20 | Pending | -- | -- | -- | |
| 12/10/2020 12/10/20 | For Sale | $59,900 | 0.0% | $35 / Sq Ft | |
| 09/29/2020 09/29/20 | Rented | $500 | 0.0% | -- | |
| 09/11/2020 09/11/20 | For Rent | $500 | 0.0% | -- | |
| 09/03/2020 09/03/20 | Rented | $500 | 0.0% | -- | |
| 07/30/2020 07/30/20 | For Rent | $500 | +25.0% | -- | |
| 10/08/2016 10/08/16 | Rented | $400 | 0.0% | -- | |
| 10/08/2016 10/08/16 | For Rent | $400 | -- | -- |
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 | $953,477 | None Listed On Document | |
| Warranty Deed | -- | Jon R Moody Garry S Mcannally | |
| Warranty Deed | $85,000 | None Available | |
| Warranty Deed | $38,667 | None Listed On Document | |
| Warranty Deed | $19,333 | None Listed On Document |
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 | $953,477 | New Conventional | |
| Previous Owner | $63,750 | New Conventional | |
| Previous Owner | $58,000 | New Conventional |
Source: Montgomery Area Association of REALTORS®
MLS Number: 589048
APN: 10-02-09-3-019-044.000
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 2026 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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