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Listed price in listed location currency (USD).
$341,900

210

MLS® 584247

  • Key Facts
  • Description
  • Map

Key Facts

Type Condominium
Levels Residential
Size 4214 sqft
Garage No
Maintenance Fees $10
Taxes $1,500
Days Active 3
Approx. Age 1940
Avg. Price Per Sqft $81
MLS® Number 584247

Property Address: 1532 Winona Ave, Montgomery, AL, 36107-1400

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number584247
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1940
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 28, 2026List Date
$341,900List Price
  • Commute

Commute

Starting Address
Destination Address
1532 Winona Ave, Montgomery, AL

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