Home For Sale In Montgomery, Alabama

house for sale

Listed: 06/09/24

1130 S Lawrence St, Montgomery, Alabama, 36104

Studio Bed:

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Price

$ 395,900

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About This House

This Fourplex is a gem. Owned by the same family for the last 50 years. Four Large spacious units (front and rear private entrances) AND private screened porches. Each unit has 2 bedrooms and 1 Bathroom plus separate Laundry room off the Kitchen. The apartments boast central heating and air, high ceilings, separate laundry room with washer and dryer in each unit, and large eat-in kitchen. The downstairs units have hard wood floors and Upstairs units have carpet (to help with noise). Unit 1130 has new paint and freshly cleaned carpets. The parking is perfect for Lawrence street because there is a circle drive that allows easy access to the carport. Each unit has one tenant and each tenant has their own covered parking space. This building has a lot of potential as a strong cash-flowng property. Matterport Tour (of 2 units) available.

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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.