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! Schedule your personal showing to view this great property.
Under contract
$219,000
1318 Federal Dr, Montgomery, AL 36107
6beds
3baths
--sqft
Est.:
Multi Family
Built in 1956
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 27 days
- on Zillow |
- 311 |
- 22 |
Zillow last checked: 7 hours ago
Listing updated: May 27, 2025 at 04:06pm
Listed by:
Cassandra Andrews 334-676-2273,
CHOSEN Realty, LLC.
Source: MAAR,MLS#: 576439
Originating MLS: Montgomery Area Association Of Realtors

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Breakfast Area
- Flooring: Carpet, Tile, Wood
Property
Features
- Levels: One
- Stories: 1
Lot
- Features: City Lot
Details
- Parcel number: 1002042003004.000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: One Story
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available
Community & HOA
Community
- Subdivision: Montgomery Heights
HOA
- Has HOA: No
Location
- Region: Montgomery
Financial & listing details
- Tax assessed value: $186,700
- Annual tax amount: $865
- Date on market: 5/16/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
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