For sale

$380,000

2239 Madison Ave, Montgomery, AL 36107

--beds

--baths

--sqft

$2,437/mo

Get pre-qualified

Multi Family

Built in 1930

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Fully furnishedSecurity camera systemUpdated kitchensOn site parking

Rare 4 Unit Investment Property averaging $5,000 PER MONTH in Historic Downtown Montgomery on Madison Ave! Proven Furnished Finder & AirBnb INCOME PRODUCER! Opportunities like this don't come around often - located in the heart of historic downtown Montgomery, this fully furnished and beautifully renovated 4 Unit Apartment Building features (2) 1 BR/1BA units & (2) Efficiency units - convenient for travelers, corporate stays, military students, extended guests or long term tenants! Updated kitchens, baths, flooring, mechanical systems and exterior! On site parking, security camera system, and secure coded entry for guests! Walking distance to downtown restaurants and attractions. Turn-key investment and rental opportunity for someone looking for a multi-family property near the city attractions and major employers!

40 days
141
12

Facts & features

Interior

Heating

Ductless

Cooling

Ductless

Appliances

Included: Electric Range, Electric Water Heater, Microwave, Refrigerator

Features

Eat-in Kitchen
Flooring: Tile, Wood

Property

Parking

Parking features: Concrete, Driveway, Parking Pad

Features

Levels: One
Stories: 1
Pool features: None

Details

Parcel number: 1003084001002.000

Construction

Type & style

Home type: MultiFamily
Architectural style: One Story
Property subtype: Multi Family

Materials

Brick

Condition

New construction: No
Year built: 1930

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: Capitol Heights

HOA

Has HOA: No

Location

Region: Montgomery

Financial & listing details

Tax assessed value: $97,000
Annual tax amount: $941
Date on market: 9/7/2026
Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
Lease term: None

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/7/2026	Listed for sale	$380,000-29.6%
Source: MAAR #590280 Report a problem
6/8/2026	Listing removed	$540,000
Source: EXIT Realty broker feed #582081 Report a problem
12/7/2025	Listed for sale	$540,000+928.6%
Source: MAAR #582081 Report a problem
10/19/2018	Listing removed	$795
Source: BMB Property Management, LLC Report a problem
7/19/2018	Price change	$795-3.6%
Source: BMB Property Management, LLC Report a problem
2/20/2018	Price change	$825-2.4%
Source: BMB Property Management, LLC Report a problem
2/6/2018	Price change	$845-5.6%
Source: BMB Property Management, LLC Report a problem
12/21/2017	Listed for rent	$895
Source: BMB Property Management, LLC Report a problem
5/17/2017	Listing removed	$895
Source: BMB Property Management, LLC Report a problem
5/2/2017	Listed for rent	$895
Source: BMB Property Management, LLC Report a problem
10/6/2016	Sold	$52,500+7.1%
Source: Public Record Report a problem
6/15/2016	Price change	$49,000-9.3%
Source: Shashy Realty, LLC #315114 Report a problem
5/3/2016	Price change	$54,000-12.9%
Source: Shashy Realty, LLC #315114 Report a problem
1/9/2016	Listed for sale	$62,000-63.5%
Source: Shashy Realty #315114 Report a problem
10/1/2015	Listing removed	$170,000
Source: Shashy Realty #315114 Report a problem
8/24/2015	Price change	$170,000-5.6%
Source: Shashy Realty #315114 Report a problem
5/12/2015	Listed for sale	$180,000
Source: Shashy Realty #315114 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$941 -9.8%	$19,400 -9.8%
2024	$1,043 +17.5%	$21,500 +17.5%
2023	$888 +43.9%	$18,300 +8.3%
2022	$617 +7.8%	$16,900
2021	$572 +5.2%	--
2020	$544 -2.9%	$14,900
2019	$560 +12.4%	--
2018	$499 -18.3%	$13,660 -4.3%
2017	$611	$14,280 -9.8%
2014	$611 +5.6%	$15,840 +1%
2013	$578	$15,680
2011	--	--