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Image 1 - 3242 Fairway Drive, Elsmeade, Montgomery, AL 36116, USA - House for sale

Image 2 - 3242 Fairway Drive, Elsmeade, Montgomery, AL 36116, USA - House for sale

Image 3 - 3242 Fairway Drive, Elsmeade, Montgomery, AL 36116, USA - House for sale

Image 4 - 3242 Fairway Drive, Elsmeade, Montgomery, AL 36116, USA - House for sale

Image 5 - 3242 Fairway Drive, Elsmeade, Montgomery, AL 36116, USA - House for sale

Image 6 - 3242 Fairway Drive, Elsmeade, Montgomery, AL 36116, USA - House for sale

Image 7 - 3242 Fairway Drive, Elsmeade, Montgomery, AL 36116, USA - House for sale

Image 8 - 3242 Fairway Drive, Elsmeade, Montgomery, AL 36116, USA - House for sale

Single Family

3242 Fairway Drive, Elsmeade, Montgomery, AL 36116, USA

Single Family

house for sale

6 views

Listed: 02/13/23

3242 Fairway Drive, Elsmeade, Montgomery, AL 36116, USA

3 Bed:

2 Bath:

1,144 Sq Ft Living Area:

Save

Price

$ 93,500

Price: Lower

Show 6 more

About This House

Calling all investors ! Do not miss your opportunity to get a hold of this Elsmeade property! The home has 3 spacious bedrooms, LARGEkitchen, a carport, AND a fully fenced-in backyard in a quiet neighborhood. It is currently, tenant occupied. The tenant is paying $935/month and the lease expires on January 1st, 2022 at which time rents can be increased! Please Do not disturb the tenant. All showings and walkthroughs will be scheduled once an accepted contract is in place! For all investors out there, this property meets the 1% rule and will exceed it with a rental increase!

Amenities

Take a stroll in your own garden Garden

Property Also Includes

Parking
Air Conditioning
Range Electric
Refrigerator
Covering Floor Carpet
Covering Floor Linoleum
Covering Floor Vinyl
Fuel Heating Natural Gas

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Montgomery Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Apr 2024	$176,642 (-14.8%)
Mar 2024	$207,206 (0%)
Feb 2024	$207,206 (0%)
Jan 2024	$207,206 (+27.5%)
Dec 2023	$162,456 (-2.5%)
Nov 2023	$166,541 (-10.8%)

In April 2024, the asking price for 3 bed houses for sale in/near Montgomery, United States averaged $176,642, a decrease of 14.8% from the previous month.

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