1318 Federal Drive
Montgomery, AL 36107
- – beds
- – baths
- – sqft
- 1956 build
- – on site
Great Investment Opportunity with Immediate-Solid Cash Flow! This fully occupied duplex generates a steady $2,000/month in gross rental income ($1,100/unit A & $900/unit B) and delivers an impressive 8% cash-on-cash return. Both units are in excellent condition, offering spacious layouts, Unit A 3bd/2ba and Unit B 3bd/1ba, separate entrances, private utility meters, and on-site parking. Updates include newer mechanicals, efficient heating systems, and low-maintenance exteriors - this is truly a turnkey property! Whether you're expanding your rental portfolio or looking to live in one unit and rent the other, this is a rare opportunity in a high-demand rental market. Make this deal your own today!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated May 16, 2025
•
MLS# 576439 —
The Building
-
Year Built:1956
-
New Construction:false
-
Construction Materials:Brick
-
Architectural Style:OneStory
-
Foundation Details:Slab
-
Levels:One
Interior
-
Interior Features:BreakfastArea
-
Stories:1
-
Flooring:Carpet, Tile, Wood
Financial & Terms
-
Possession:CloseOfEscrow
-
Lease Considered:false
Location
-
Directions:Off Coliseum Blvd turn onto Federal Drive.
-
Longitude:-86.273058
-
Latitude:32.39674
The Property
-
Property Type:ResidentialIncome
-
Parcel Number:10-02-04-2-003-004.000
-
Lot Features:CityLot
-
Lot Size Units:Acres
-
Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (334) 676-2273
- Office phone:
- (334) 676-2273
Taxes
-
Tax Legal Description:MONTGOMERY HGTS PLAT C LOT 7 BLK 17 PLAT BK 13 PG 5
-
Tax Annual Amount:865.0
Heating & Cooling
-
Heating:Central, Electric
-
Heating:true
-
Cooling:CentralAir, Electric
-
Cooling:true
Utilities
-
Utilities:CableAvailable, ElectricityAvailable
-
Sewer:PublicSewer
-
Water Source:Public
Appliances
-
Appliances:GasWaterHeater
The Community
-
Subdivision Name:Montgomery Heights
-
Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/15/25
May 15, 2025
|
Listed / Active | MAAR_AL | $219,000 |
