1532 Winona Avenue, Montgomery, AL 36107 (MLS # 584247)

Price $341,900
Status Active
Beds 2
Baths 1 Bath
Home size 4,214 sqft
Lot Size 15,682 sqft
Days on Market 12
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.
Property Type(s): Condo/Townhouse/Co-Op
Last Updated 2/28/2026 Tract Hillcrest
Year Built 1940 Community MONT-SW Mont/Regional Airport
County Montgomery

SCHOOLS

Elementary School Morningview Elementary School
Jr. High School Capitol Heights Middle School
High School Montgomery Preparatory Academy for Career Technolo

Additional Details

AIR None
APPLIANCES Washer, Water Heater
AREA MONT-SW Mont/Regional Airport
CONSTRUCTION Brick
EXTERIOR Balcony
HOA DUES 10|Quarterly
LOT 0.36 acre(s)
LOT DIMENSIONS 0
PARKING None
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
STYLE TwoStory
SUBDIVISION Hillcrest
TAXES 1500
WATER Public

Location

 

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Listed with Beycome Brokerage Realty LLC.
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