Fantastic investment opportunity! 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. Ideal for investors seeking passive income or owner-occupants looking to "house hack" by living in one unit and renting out the other.
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 a true turnkey property.
Sold for $200,000
$200,000
1318 Federal Dr, Montgomery, AL 36107
6beds
3,050sqft
SingleFamily
Built in 1957
0.4 Acres Lot
$192,300 Zestimate®
$66/sqft
$1,037 Estimated rent
Home value
$192,300
$162,000 - $223,000
$1,037/mo
Zestimate® history
Owner options
List your home for rent
$1,037/mo
Rent Zestimate®
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$1,037/mo
Rent Zestimate®
Refinance and save
$1,229/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,229/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air
Cooling
- None
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
- Laundry: In Unit
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total interior livable area: 3,050 sqft
Property
Parking
- Parking features: Carport, Garage
Features
- Exterior features: Brick
Lot
- Size: 0.4 Acres
Details
- Parcel number: 1002042003004000
Construction
Type & style
- Home type: SingleFamily
Materials
- Wood
- Foundation: Slab
- Roof: Asphalt
Condition
- Year built: 1957
Community & HOA
Location
- Region: Montgomery
Financial & listing details
- Price per square foot: $66/sqft
- Tax assessed value: $188,100
- Annual tax amount: $872
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2025 | Sold | $200,000-8.7%$66/sqft |
Source: Public Record Report a problem | ||
| 5/27/2025 | Contingent | $219,000$72/sqft |
Source: | ||
| 5/16/2025 | Listed for sale | $219,000-0.4%$72/sqft |
Source: MAAR #576439 Report a problem | ||
| 5/15/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/9/2025 | Listed for sale | $219,900+46.7%$72/sqft |
Source: Owner Report a problem | ||
| 2/8/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/8/2023 | Price change | $1,250-3.8% |
Source: Zillow Rentals Report a problem | ||
| 2/23/2023 | Listed for rent | $1,300+87.1% |
Source: Zillow Rentals Report a problem | ||
| 3/13/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/30/2020 | Listing removed | $149,900$49/sqft |
Source: Owner Report a problem | ||
| 9/22/2020 | Listed for sale | $149,900$49/sqft |
Source: Owner Report a problem | ||
| 2/10/2019 | Listing removed | $695 |
Source: Go Section8 Report a problem | ||
| 1/12/2019 | Price change | $695-0.7% |
Source: Go Section8 Report a problem | ||
| 11/27/2018 | Listed for rent | $700 |
Source: Go Section8 Report a problem | ||
| 12/1/2017 | Listing removed | $700 |
Source: Go Section8 Report a problem | ||
| 10/27/2017 | Price change | $700-6.7% |
Source: Go Section8 Report a problem | ||
| 7/28/2017 | Price change | $750-6.3% |
Source: Go Section8 Report a problem | ||
| 4/15/2017 | Listed for rent | $800 |
Source: Go Section8 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $872 +0.8% | $18,820 +0.7% |
| 2024 | $865 +5.3% | $18,680 +5.1% |
| 2023 | $821 +45% | $17,780 +6.9% |
| 2022 | $566 +18.3% | $16,640 |
| 2021 | $479 | -- |
| 2020 | $479 +5.2% | $14,240 |
| 2019 | $455 -2.4% | -- |
| 2018 | $466 +15.3% | $13,900 -37.2% |
| 2017 | $404 +8.3% | $22,140 +70.7% |
| 2014 | $373 -13.7% | $12,970 -46.9% |
| 2013 | $433 | $24,440 |
| 2011 | -- | -- |
Find assessor info on the county website
Neighborhood: 36107
Nearby homes
- $56,600-- bd1 ba1.4k sqft1325 Federal Dr, Montgomery, AL 36107Off Market
- $61,7002 bd1 ba1.1k sqft1326 Federal Dr, Montgomery, AL 36107Off Market

- $528,500-- bd4 ba22k sqft1375 Federal Dr, Montgomery, AL 36107Off Market
- $70,9003 bd1 ba1.3k sqft1308 Federal Dr, Montgomery, AL 36107Off Market

- $4,818,182-- bd1 ba3.6k sqft1307 Federal Dr, Montgomery, AL 36107Sold
- $152,8003 bd2 ba2k sqft1320 Federal Dr, Montgomery, AL 36107Off Market
- $122,3002 bd1 ba1.3k sqft1312 Federal Dr, Montgomery, AL 36107Off Market
- $274,9004 bd2 ba-- sqft1324-1326 Federal Dr, Montgomery, AL 36107For Sale
Nearby schools
GreatSchools rating
- 2/10Morningview Elementary SchoolGrades: K-5Distance: 0.6 mi
- 1/10Capitol Heights Junior High SchoolGrades: 6-8Distance: 0.9 mi
- 1/10Lee High SchoolGrades: 9-12Distance: 1.3 mi
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- Alabama
- Montgomery County
- Montgomery
- 36107
- 1318 Federal Dr