$960,000
$40K PRICE DROP

740 Coliseum Blvd Montgomery, AL 36109

East Montgomery Neighborhood

Estimated payment $5,783/month

Total Views 5,376
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 2-minute walk to Montgomery East Exchange Park
  • Eat-In Kitchen

About This Home

Presenting a rare opportunity to acquire a fully renovated, high-performing 12 unit apartment complex in the heart of Montgomery. This turnkey asset offers immediate cash flow, long-term stability, and minimal deferred maintenance—making it an ideal addition to any investment portfolio. This property has undergone comprehensive renovations across all units, ensuring modern appeal and operational efficiency. Every unit has been fully updated with contemporary finishes, creating a strong competitive position in the local rental market and supporting premium rents and tenant retention. Major capital improvements have already been completed, including: new plumbing systems, updated electrical throughout, brand new HVAC systems. The asset is currently supported by established local property management, offering seamless day-to-day operations and a smooth transition for new ownership. Investors can step into a professionally managed, stabilized property from day one. Located in a growing rental market, the property benefits from strong demand drivers, including proximity to major employers such as Maxwell Air Force Base, Alabama State University, and Baptist Health, as well as convenient access to retail, dining, and key transportation corridors. This is a rare chance to acquire a low-maintenance, income-producing property in one of Central Alabama’s most stable and accessible markets.

Listing Agent

Parker Ivey

Partners Realty License #0132805 Listed on: 04/07/2026

Co-Listing Agent

Reg Mantooth

Partners Realty License #0096856

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,208

Year Built

  • Built in 1986

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 10-02-04-1-001-001.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,208

Year Built

Built in 1986

Lot Details

0 Sq Ft Lot

Listing Details

  • Year Built: 1986
  • New Construction: No
  • PropertyType: Residential Income
  • LaundryFeatures: Washer Hookup, Dryer Hookup
  • NAV29_Unit_1_Appliances: Electric Water Heater
  • Co List Office Mls Id: 766
  • Co List Office Phone: 334-277-1077
  • Co List Office Phone: 334-277-1077
  • MLS Status: Active
  • Architectural Style: Two Story
  • Interior Features: Eat-in Kitchen
  • Unit Levels: Two
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Plank, Vinyl

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Slab

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 10-02-04-1-001-001.000

Multi Family

  • Number Of Units In Community: 12
  • Number Of Units Total: 12

Tax Info

  • Tax Annual Amount: 6208.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
07/06/2026 07/06/26 Price Changed $960,000 -1.5% --
05/26/2026 05/26/26 Price Changed $975,000 -2.5% --
04/07/2026 04/07/26 For Sale $1,000,000 -- --
Source: Montgomery Area Association of REALTORS®

Source: Montgomery Area Association of REALTORS®

MLS Number: 585493

Montgomery Area Association of REALTORS®
Alabama Montgomery County Montgomery 36109 East Montgomery

740 Coliseum Blvd, Montgomery, AL

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.

Montgomery Area Association of REALTORS® 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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Listing Agent
Parker Ivey
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Partners Realty
(334) 509-4076
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