$341,900 $81/sf  
$341,900
$81.13/sf
Active - Apartment|penthouse for sale
Excellent investment opportunity featuring a 6-unit multifamily property totaling approximately 5,400 sq ft, with each unit offering 2 bedrooms and 1 bathroom—for a total of 12 bedrooms and 6 bathrooms. Four units are currently occupied with yearly leases in place and are in good condition, providing immediate, stable income, while two units are vacant—one rent-ready with light improvements and the other needing additional updates, creating strong value-add potential. Current rental rates range from $525 to $800 per month, leaving room for increased cash flow with renovations and rent adjustments. Conveniently located near Alabama State University, Gunter Annex, Montgomery Zoo & Mann Wildlife Learning Museum, Oak Park, Downtown Montgomery (including Riverfront Park, restaurants, and entertainment), and Baptist Medical Center South, as well as local grocery stores and convenience markets, this property creates strong rental appeal and long-term upside in a great rental market.
Beycome ID: 17081540
- Listed by: Steven Koleno • (804) 656-5007 • contact@beycome.com
- Brokered by: Beycome Brokerage Realty LLC • (804) 656-5007
- Source: Beycome
- MLS Number: 584247
- MLS Last Updated: Feb 28, 2026 at 07:00pm EST
* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.
What will my commute be?
Furnished: Unfurnished
Status: Active
Listed Date: 02/27/2026
Days On Market: 2
Lot Size (Acres): 0.36
Lot Size (Square Feet): 8.2644628099174E-6
Year Built: 1940
Parcel Number: 10 03 08 2 022 003.000

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