Home For Sale In Montgomery, Alabama

house for sale

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Listed: 01/29/24

3755 Wesley Drive, Normandale, Montgomery, AL 36111, USA

5 Bed:

4 Bath:

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Price

$ 1,4M

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About This House

Investors dream !!! 22-unit apartment building with huge upside potential. 15 of 22 units have been fully renovated and have tenants in them. There remains seven units to be remodeled. This is a great investment. All 1 Bedroom units are 900+ square feet and the 2 Bedroom apartments are 1000+ Sq/Ft with large patio/balconies. There is an incredible courtyard out back offering residents a place to rest and relax among nature. Two of the members of the company who owns the property are licensed Alabama and Georgia real estate agents There are three 1 bedroom 1 bath units, all have been renovated. There are fifteen 2 bedroom 1 bath units, all but three have been renovated. There are four 2 … Full description

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Houses for sale in Montgomery

Original listing

Montgomery Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

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Month	Median Price
May 2024	$115,350 (-8.8%)
Apr 2024	$126,431 (0%)
Mar 2024	$126,431 (0%)
Feb 2024	$126,431 (0%)
Jan 2024	$126,431 (+26.2%)
Dec 2023	$100,189 (+4.4%)

In May 2024, the asking price for 2 bed houses for sale in/near Montgomery, United States averaged $115,350, a decrease of 8.8% from the previous month.

Median price trends for properties for sale in Montgomery, United States as of May 2024.

Household Income

Median household income: $44,339

Number of households: 79,433

The average household income in Montgomery, AL grew from $43,440 to $44,339 in the past year. This data is an estimate based upon 79,433 households in Montgomery, AL.
The chart below presents how household income is distributed in Montgomery, AL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Montgomery, AL compared to median property taxes around the country. The prevalent amount of property taxes in Montgomery, AL equals <$800 , which is more than the national average.