Great Investment opportunity!! This 3039 sqft property offers a rare opportunity for investors. The home can remain a large single-family residence or be converted into a profitable multi-family or long/medium/short term rental setup. The upstairs level already includes a separate exterior entrance and its own kitchenette, making it ideal for a duplex style or Airbnb.
The main level features a large kitchen, dining room, living room, and additional rooms that can be used as bedrooms, offices, or flex spaces. This property is located just a short walk from the Veterans Medical Center, with shopping, groceries, and restaurants nearby. Great opportunity. Call your favorite Realtor today!!!!
For sale
Price cut: $5K (12/16)
$177,500
388 Perry Hill Rd, Montgomery, AL 36109
6beds
3,039sqft
Est.:
Single Family Residence
Built in 1945
0.35 Acres Lot
$-- Zestimate®
$58/sqft
$-- HOA
What's special
Separate exterior entranceDining roomLarge kitchen
- 27 days |
- 1,061 |
- 42 |
Zillow last checked: 8 hours ago
Listing updated: December 15, 2025 at 05:11pm
Listed by:
Alicia D. Helms 205-775-1628,
Lokation Real Estate LLC.
Source: MAAR,MLS#: 581879
Originating MLS: Montgomery Area Association Of Realtors
Originating MLS: Montgomery Area Association Of RealtorsTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Level: First
Bedroom
- Level: First
Bedroom
- Level: First
Bedroom
- Level: First
Bedroom
- Level: First
Bedroom
- Level: Second
Bathroom
- Level: First
Bathroom
- Level: First
Bathroom
- Level: First
Bathroom
- Level: Second
Family room
- Level: Second
Kitchen
- Level: First
Kitchen
- Level: Second
Living room
- Level: First
Heating
- Central, Gas
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Gas Range, Gas Water Heater, Refrigerator
Features
- Flooring: Laminate, Tile, Vinyl, Wood
- Basement: Unfinished
- Number of fireplaces: 1
- Fireplace features: One
Interior area
- Total interior livable area: 3,039 sqft
Property
Parking
- Parking features: Driveway
Features
- Levels: One and One Half
- Exterior features: Fence
- Pool features: None
- Fencing: Partial
Lot
- Size: 0.35 Acres
- Features: City Lot
Details
- Additional structures: Workshop
- Parcel number: 1005151003010.000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Basement
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available
Community & HOA
Community
- Subdivision: Perry Hill
HOA
- Has HOA: No
Location
- Region: Montgomery
Financial & listing details
- Price per square foot: $58/sqft
- Tax assessed value: $189,100
- Annual tax amount: $877
- Date on market: 11/28/2025
- Cumulative days on market: 27 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/16/2025 | Price change | $177,500-2.7%$58/sqft |
Source:  MAAR #581879 Report a problem | ||
| 11/28/2025 | Listed for sale | $182,500-6.3%$60/sqft |
Source: MAAR #581879 Report a problem | ||
| 10/11/2025 | Listing removed | $194,826$64/sqft |
Source: MAAR #576733 Report a problem | ||
| 9/27/2025 | Price change | $194,826-1.9%$64/sqft |
Source: MAAR #576733 Report a problem | ||
| 8/20/2025 | Price change | $198,624-5.6%$65/sqft |
Source: MAAR #576733 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $877 +11.9% | $18,920 +11.3% |
| 2023 | $784 +59.5% | $17,000 +16.6% |
| 2022 | $491 +16% | $14,580 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$805/mo
Principal & interest
$688
Home insurance
$62
Property taxes
$55
Climate risks
Neighborhood: 36109
Nearby schools
GreatSchools rating
- 7/10Flowers Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 2/10Goodwyn Middle SchoolGrades: 6-8Distance: 0.4 mi
- 2/10Lee High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Flowers Elementary School
- Middle: Goodwyn Middle School,
- High: Dr. Percy Julian High School
Source: MAAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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