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For sale
  • Price cut: $8K (2/7)
    $219,500

    3141 Lebron Rd, Montgomery, AL 36106

    3beds
    2baths
    --sqft
    : 
    Multi Family
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Timeless characterAmple off-street parkingCentral heating and airSpacious apartmentComfortable layoutsHardwood floorsLarge yard
    BIG PRICE DROP - Prime Cloverdale Investment Opportunity and Prime LOCATION. This Classic Brick Two-Unit Multifamily Home sits in the heart of Historic Cloverdale, one of Montgomery’s most charming and sought-after neighborhoods. Each spacious apartment features Hardwood Floors, Central Heating and Air, a Water Heater, and Washer/Dryer hookups. New Roof in 2020. The units boast Large Living Rooms and Unit 3141 has a Dining Room. Both units provide comfortable layouts and timeless character. The property offers attic space for storage, large yard and ample off-street parking. This rental property is in-demand—vacancies rarely exceed 1.5 months! Current Gross Annual Income: $24,450 (based on current annual leases), Pro Forma Cap Rate over 6% (based on current market rents). This property is within walking distance to Cloverdale Road Park, several popular local restaurants and a short drive to Huntingdon College, ASU, State Capitol and Maxwell AFB. Whether you’re looking for a turnkey investment or envision converting this beauty into a single-family residence, opportunities like this don’t come along often!
    135 days
    |
    530
    |
    26
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 24, 2026 at 06:41pm

    Listed by:

    Emily Taylor 334-425-7835,

    IronGate Real Estate

    Source: MAAR,MLS#: 580907MLS LogoOriginating MLS: Montgomery Area Association Of Realtors

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      Heating
      • Central, Gas
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Appliances
      • Included: Electric Range, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator
      Features
      • Separate/Formal Dining Room
      • Flooring: Tile, Wood

      Property

      Parking
      • Parking features: Driveway, Parking Pad
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Lot
      • Features: City Lot
      Details
      • Parcel number: 1004194011006.000

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: One Story
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • New construction: No
      • Year built: 1930

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Natural Gas Available

      Community & HOA

      Community
      • Subdivision: Cloverdale
      HOA
      • Has HOA: No
      Location
      • Region: Montgomery

      Financial & listing details

      • Tax assessed value: $204,600
      • Annual tax amount: $1,970
      • Date on market: 11/11/2025
      • Cumulative days on market: 135 days
      • Listing terms: Cash,Conventional
      • Tenant pays: Electricity, Gas, Trash Collection, Water
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        2/7/2026Price change$219,500-3.5%
        Source: MAAR #580907 Report a problem
        1/28/2026Price change$227,500-2.2%
        Source: MAAR #580907 Report a problem
        1/5/2026Price change$232,500-4.1%
        Source: MAAR #580907 Report a problem
        11/11/2025Listed for sale$242,500+79.6%
        Source: MAAR #580907 Report a problem
        8/4/2025Listing removed$1,150
        Source: Zillow Rentals Report a problem
        8/1/2025Price change$1,150+15.6%
        Source: Zillow Rentals Report a problem
        7/1/2025Listed for rent$995+4.7%
        Source: Zillow Rentals Report a problem
        8/5/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        7/31/2022Listed for rent$950-3.6%
        Source: Zillow Rental Manager Report a problem
        12/7/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        10/31/2021Price change$985-14.3%
        Source: Zillow Rental Manager Report a problem
        10/19/2021Price change$1,150-4.2%
        Source: Zillow Rental Manager Report a problem
        10/11/2021Price change$1,200-4%
        Source: Zillow Rental Manager Report a problem
        10/6/2021Listed for rent$1,250+35.1%
        Source: Zillow Rental Manager Report a problem
        3/13/2021Listing removed--
        Source: Owner Report a problem
        12/1/2019Listing removed$925
        Source: Owner Report a problem
        11/7/2019Price change$925+0.5%
        Source: Owner Report a problem
        9/24/2019Price change$920-1.6%
        Source: Owner Report a problem
        8/30/2019Listed for rent$935+1.1%
        Source: Owner Report a problem
        8/2/2017Sold$135,000-18.2%
        Source: Public Record Report a problem
        8/2/2017Listing removed$925
        Source: Owner Report a problem
        7/28/2017Listed for rent$925
        Source: Owner Report a problem
        2/20/2017Listed for sale$165,000+1.3%
        Source: Owner Report a problem
        1/18/2017Listing removed$162,900
        Source: Owner Report a problem
        5/31/2016Listed for sale$162,900+714.5%
        Source: Owner Report a problem
        2/5/2008Sold$20,000
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$1,985 +0.7%$40,920 +0.7%
        2024$1,970 +4.6%$40,620 +4.6%
        2023$1,883 +40.9%$38,820 +6%
        2022$1,337 +14.8%$36,620
        2021$1,164 --
        2020$1,164 -19.4%$31,900
        2019$1,445 +8.5%--
        2018$1,332 +165.8%$36,500 +35.8%
        2017$501 $26,880 -17.6%
        2014$501 $32,620 +3.6%
        2013-- $31,500
        2011-- --

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $1,240/mo
        Principal & interest
        $1154
        Property taxes
        $86
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          Climate risks

          Neighborhood: 36106

          Getting around

          50 / 100
          Car-Dependent
          21 / 100
          Minimal Transit
          40 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Middle: ,

          Source: MAAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

          Local experts in 36106

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