- For Sale $3,350,000
- Property Type Multi-Family
- Property Size 5,272 SF
- Units 40
- Lot Size 1.94 Acre
- Building Class C
- Year Built 1946
- Date Updated Apr 27, 2026
Description
Located on Clayton Street in the Cottage Hill historical districtPartners Realty presents For Sale a 40-unit multifamily property in Montgomery, Alabama. Situated in a quiet, historic neighborhood just minutes from downtown Montgomery, this well-maintained 40-unit multifamily property offers an exceptional investment opportunity with strong, stable returns. Boasting consistently high occupancy rates of over 94%, the complex benefits from a desirable location with easy access to downtown restaurants, entertainment, and Maxwell Air Force Base.
Recent improvements—including fresh landscaping, new roof installation, and exterior painting—enhance curb appeal and minimize near-term capital expenditures. Professional property management is already in place, ensuring smooth day-to-day operations and tenant satisfaction.
Highlights
- Consistently 94%+ Occupied
- Prime Location: Minutes to downtown Montgomery dining, retail, and entertainment
- Quiet Historical Neighborhood
- Recent Upgrades: Roof replacement, exterior painting, and refreshed landscaping
- Strong Market Fundamentals: Proximity to Maxwell Air Force Base and local employment centers
- Turnkey Investment with Management in Place
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Contacts
Reg Mantooth
Partners Realty
Location
Located at 501 Clayton St, Montgomery, AL 36104, this property is part of the Downtown Montgomery neighborhood.
Contact Listing Broker
Reg Mantooth
Partners Realty