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For sale
    • $320,500

    1532 Winona Ave, Montgomery, AL 36107

    2beds
    4,214sqft
    : 
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    Condominium
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $76/sqft
    $3/mo HOA

    What's special

    Excellent investment opportunity featuring a 6-unit multifamily property totaling approximately 5,400 sq ft, with each unit offering 2 bedrooms and 1 bathroom—for a total of 12 bedrooms and 6 bathrooms. Four units are currently occupied with yearly leases in place and are in good condition, providing immediate, stable income, while two units are vacant—one rent-ready with light improvements and the other needing additional updates, creating strong value-add potential. Current rental rates range from $525 to $800 per month, leaving room for increased cash flow with renovations and rent adjustments. Conveniently located near Alabama State University, Gunter Annex, Montgomery Zoo & Mann Wildlife Learning Museum, Oak Park, Downtown Montgomery (including Riverfront Park, restaurants, and entertainment), and Baptist Medical Center South, as well as local grocery stores and convenience markets, this property creates strong rental appeal and long-term upside in a great rental market.
    143 days
    |
    94
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Steven Koleno 804-656-5007,

    Beycome Brokerage Realty LLC.

    Source: MAAR,MLS#: 584247MLS LogoOriginating MLS: Montgomery Area Association Of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Level: First
      Bedroom
      • Level: First
      Cooling
      • None
      Appliances
      • Included: Water Heater, Washer
      Features
      • Flooring: Wood
      • Fireplace features: None
      Interior area
      • Total interior livable area: 4,214 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Balcony, Covered, Patio, Porch
      • Exterior features: Balcony, Porch, Patio
      • Pool features: None
      Lot
      • Size: 0.36 Acres
      • Features: Outside City Limits
      Details
      • Parcel number: 1003082022003.000

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Two Story
      • Property subtype: Condominium
      Materials
      • Brick
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 1940

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Unknown

      Community & HOA

      Community
      • Subdivision: Hillcrest
      HOA
      • Has HOA: Yes
      • HOA fee: $10 quarterly
      Location
      • Region: Montgomery

      Financial & listing details

      • Price per square foot: $76/sqft
      • Tax assessed value: $223,800
      • Annual tax amount: $1,500
      • Date on market: 2/28/2026
      • Cumulative days on market: 144 days
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/10/2026Listing removed$695
        Source: Zillow Rentals Report a problem
        4/15/2026Price change$695-13.1%
        Source: Zillow Rentals Report a problem
        3/17/2026Price change$320,500-0.6%$76/sqft
        Source: MAAR #584247 Report a problem
        3/13/2026Price change$322,500-5.7%$77/sqft
        Source: MAAR #584247 Report a problem
        2/28/2026Listed for sale$341,900+22.1%$81/sqft
        Source: MAAR #584247 Report a problem
        7/10/2025Price change$800-11.1%
        Source: Zillow Rentals Report a problem
        1/9/2025Listed for rent$900+50%
        Source: Zillow Rentals Report a problem
        4/24/2024Listing removed--
        Source: Zillow Rentals Report a problem
        4/5/2024Price change$600-7.7%
        Source: Zillow Rentals Report a problem
        11/17/2022Listed for rent$650
        Source: Zillow Rental Network Premium Report a problem
        2/14/2019Sold$280,000$66/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,171 $44,760
        2024$2,171 -1.9%$44,760 -1.9%
        2023$2,213 +32.9%$45,620
        2022$1,665 -8.7%$45,620
        2021$1,824 --
        2020$1,824 -1.5%$49,960
        2019$1,852 +1.5%--
        2018$1,824 -1.5%$49,960 +74.7%
        2017$1,852 $28,600 -6%
        2014$1,852 +1.5%$30,440 +1%
        2013$1,824 $30,140
        2011-- --
        Find assessor info on the county website

        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.
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        Climate risks

        Neighborhood: 36107

        Getting around

        61 / 100
        Somewhat Walkable
        24 / 100
        Minimal Transit
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Morningview Elementary School
        • Middle: Capitol Heights Middle School,
        • High: Montgomery Preparatory Academy for Career Technolo

        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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