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For sale
  • Price cut: $5K (7/13)
    $274,900

    1324-1326 Federal Dr, Montgomery, AL 36107

    4beds
    2baths
    --sqft
    : 
    $1,671/mo
    Get pre-qualified
    Multi Family
    Built in 1956
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Brand-new roofNew windowsNew doorsFully remodeled interiorsRich wood flooringStainless steel appliancesFresh modern finishes
    Exceptional investment opportunity showcasing two beautifully renovated luxury units, each offering 2 bedrooms and 1 bathroom with spacious, thoughtfully designed living areas. This turnkey multi-family property has been extensively updated with a brand-new roof, new windows, and new doors, delivering both style and peace of mind. Inside, each unit features fresh modern finishes including stainless steel appliances, granite countertops, rich wood flooring, and fully remodeled interiors designed to impress today’s discerning tenants or owner-occupants alike. One unit is currently leased, creating immediate income potential from day one while offering the perfect opportunity for an owner-occupant to live in the second unit and offset their mortgage with rental income. Whether you are an investor seeking a strong addition to your portfolio or a buyer looking for luxury living with built-in income potential, this property delivers exceptional versatility. Ideally located at 1324 Federal Drive in Montgomery, this property offers convenient access to Downtown Montgomery, Gunter Annex, major interstates, shopping, dining, and everyday essentials. The area continues to see infrastructure improvements and benefits from strong commuter accessibility, making it attractive for long-term tenants and owner-occupants alike. Nearby shopping centers, local restaurants, parks, and entertainment options add to the property’s appeal. With proximity to Alabama State University, Huntingdon College, and Faulkner University, this location offers broad rental demand and excellent connectivity across the city. A rare opportunity to own a low-maintenance, income-producing property with upscale finishes in a highly convenient Montgomery location.
    73 days
    |
    227
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Davis J. Bull 855-450-0442,

    Real Broker, LLC.

    Source: MAAR,MLS#: 586957MLS LogoOriginating MLS: Montgomery Area Association Of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Central, Gas, Multiple Heating Units
      Cooling
      • Central Air, Electric, Heat Pump, Multi Units
      Appliances
      • Included: Electric Water Heater, Gas Water Heater, Multiple Water Heaters
      Features
      • Eat-in Kitchen, Living/Dining Room
      • Flooring: Tile, Vinyl, Wood

      Property

      Parking
      • Parking features: Concrete, Driveway
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Lot
      • Features: City Lot
      Details
      • Parcel number: 1002042003003.000

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: One Story
      • Property subtype: Multi Family
      Materials
      • Brick, Vinyl Siding
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 1956

      Utilities & green energy

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

      Community & HOA

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

      Financial & listing details

      • Date on market: 5/22/2026
      • Cumulative days on market: 74 days
      • Listing terms: Cash,Conventional
      • Tenant pays: All Utilities

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,040/mo

        Price history

        DateEventPrice
        7/13/2026Price change$274,900-1.8%
        Source: MAAR #586957 Report a problem
        5/22/2026Listed for sale$279,900+1%
        Source: MAAR #586957 Report a problem
        9/15/2025Listing removed$277,000
        Source: MAAR #576474 Report a problem
        8/1/2025Price change$277,000-1.1%
        Source: MAAR #576474 Report a problem
        5/21/2025Listed for sale$280,000+27.3%
        Source: MAAR #576474 Report a problem
        7/30/2021Listing removed--
        Source: MAAR #496389 Report a problem
        6/5/2021Listed for sale$220,000
        Source: MAAR #496389 Report a problem
        4/30/2021Listing removed--
        Source: MAAR #492221 Report a problem
        4/18/2021Listed for sale$220,000
        Source: MAAR #492221 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 36107

        Getting around

        41 / 100
        Car-Dependent
        14 / 100
        Minimal Transit
        41 / 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.

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