Investor opportunity in Montgomery! This property at 332 Iris Lane offers excellent potential for renovation or rental income. Situated in an established neighborhood, this home provides a solid foundation and layout ready for updates. Ideal for investors seeking a value-add project, the property is being sold as-is and will require repairs and improvements. With strong rental demand and promising after-repair value in the area, this is a prime chance to add to your portfolio. Bring your vision and take advantage of this investment-friendly opportunity This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title.
Under contract
$59,000
332 Iris Ln, Montgomery, AL 36105
3beds
2,313sqft
Single Family Residence
Built in 1950
7,840 Square Feet Lot
$-- Zestimate®
$26/sqft
$-- HOA
What's special
Solid foundation and layout
- 210 days |
- 27 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Adricia Shuford 334-300-4622,
EXIT Realty Legacy Homes
Source: MAAR,MLS#: 582161
Originating MLS: Montgomery Area Association Of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Included: Water Heater
Features
- Flooring: Carpet
Interior area
- Total interior livable area: 2,313 sqft
Property
Parking
- Parking features: Driveway
Features
- Levels: One
- Stories: 1
- Exterior features: Storage
- Pool features: None
Lot
- Size: 7,840 Square Feet
- Dimensions: 7800 sq ft
- Features: City Lot
Details
- Additional structures: Storage
- Parcel number: 1107254017011.000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Slab
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Unknown
Community & HOA
Community
- Subdivision: Ridgecrest
HOA
- Has HOA: No
Location
- Region: Montgomery
Financial & listing details
- Price per square foot: $26/sqft
- Tax assessed value: $73,500
- Annual tax amount: $713
- Date on market: 12/12/2025
- Cumulative days on market: 211 days
- Listing terms: Cash,Conventional
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2026 | Contingent | $59,000$26/sqft |
Source: | ||
| 12/12/2025 | Listed for sale | $59,000$26/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $713 | $14,700 +129% |
| 2024 | -- | $6,420 +7.7% |
| 2023 | -- | $5,960 +1.7% |
| 2022 | -- | $5,860 |
| 2021 | -- | -- |
| 2020 | -- | $4,440 |
| 2019 | -- | -- |
| 2018 | -- | $4,440 -70% |
| 2017 | $272 | $14,820 +100% |
| 2014 | -- | $7,410 +4.8% |
| 2013 | -- | $7,070 |
| 2011 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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: 36105
Nearby schools
GreatSchools rating
- 1/10Davis Elementary SchoolGrades: K-5Distance: 0.7 mi
- 2/10Bellingrath Jr High SchoolGrades: 6-8Distance: 1.2 mi
- 1/10Lanier Senior High SchoolGrades: 10-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Crump Elementary School
- Middle: Bellingrath Middle School,
- High: Carver Senior High School
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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Contact agent
- Alabama
- Montgomery County
- Montgomery
- 36105
- 332 Iris Ln