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 Type(s):
Residential Income
|
Last Updated
|
11/10/2025
|
Tract
|
Cloverdale
|
|
Year Built
|
1930
|
Community
|
MONT-Central Montgomery/ Cloverdale/ASU
|
|
County
|
Montgomery
|
Additional Details
| AIR |
Ceiling Fan(s), Central Air, Electric |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Electric Range, Gas Range, Gas Water Heater, Microwave, Refrigerator |
| AREA |
MONT-Central Montgomery/ Cloverdale/ASU |
| CONSTRUCTION |
Brick |
| HEAT |
Central, Natural Gas |
| LOT DESCRIPTION |
City Lot |
| PARKING |
Driveway, Parking Pad |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| STYLE |
OneStory |
| SUBDIVISION |
Cloverdale |
| TAXES |
1970 |
| UTILITIES |
Cable Available, Electricity Available, Natural Gas Available |
| WATER |
Public |
Location
Listed with IronGate Real Estate
Information herein is believed to be accurate and timely, but not warranty a such is expressed or implied.
Listing Information Copyright 2012 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 First Realty of Greenville, Inc are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.
This IDX solution is (c) Diverse Solutions 2025.
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