740 Coliseum Boulevard, Montgomery, AL 36109
Montgomery County
Key Facts
Description
Presenting a rare opportunity to acquire a fully renovated, high-performing 12 unit apartment complex in the heart of Montgomery. This turnkey asset offers immediate cash flow, long-term stability, and minimal deferred maintenance—making it an ideal addition to any investment portfolio. This property has undergone comprehensive renovations across all units, ensuring modern appeal and operational efficiency. Every unit has been fully updated with contemporary finishes, creating a strong competitive position in the local rental market and supporting premium rents and tenant retention. Major capital improvements have already been completed, including: new plumbing systems, updated electrical throughout, brand new HVAC systems. The asset is currently supported by established local property management, offering seamless day-to-day operations and a smooth transition for new ownership. Investors can step into a professionally managed, stabilized property from day one. Located in a growing rental market, the property benefits from strong demand drivers, including proximity to major employers such as Maxwell Air Force Base, Alabama State University, and Baptist Health, as well as convenient access to retail, dining, and key transportation corridors. This is a rare chance to acquire a low-maintenance, income-producing property in one of Central Alabama’s most stable and accessible markets.
Property Information
Property Type
Residential Income
Style
TwoStory
Year Built
1986
Days on Market
90
MLS® Listing#
585493
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Laundry
Construction
Foundation
Utilities
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$6,208
Parcel Number
10-02-04-1-001-001.000
Directions
Turn onto Coliseum Blvd from Atlanta Highway, complex is 1 mile down on the right.
Affordability Calculator
$192,000
Estimated monthly payment
$5,110/mo
Principal $768,000 · Est. interest $1,071,428 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Montgomery, AL
- $225,234
- Median Listing Price
- 69
- Median Days on Market
- 1,925
- Median Sq Ft
- $114
- Median Price / Sq Ft
- 913
- Active Listings
- This home’s price is 326% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Montgomery, AL.
Location
Points of Interest in Montgomery, AL
Showing the Montgomery area map.
Nearby Schools
Morningview Elementary School
Elementary · 0.8 mi away
Dalraida Elementary School
Elementary · 1.0 mi away
Highland Gardens Elementary School
Elementary · 1.2 mi away
St. Bede Elementary Campus
Elementary · 1.3 mi away
Capitol Heights Middle School
Secondary · 1.3 mi away
Goodwyn Middle School
Secondary · 1.5 mi away
Percy Julian High School
Secondary · 1.6 mi away
Children's Center of Montgomery
School · 1.7 mi away
Montgomery Adventist School
School · 1.7 mi away
Chisholm Elementary School
Elementary · 1.8 mi away
Rock
School · 2.2 mi away
Eastmont Baptist Church
School · 2.2 mi away
Flowers Elementary School
Elementary · 2.3 mi away
Highland Avenue Elementary School
Elementary · 2.3 mi away
Bethany Christian Academy
School · 2.3 mi away
Floyd Middle Magnet School for Mathematics, Science, and Technology
School · 2.4 mi away
Houston Hill Junior High School
Secondary · 2.4 mi away
Resurrection Catholic School
School · 2.4 mi away
Alabama Christian Academy
School · 2.5 mi away
Canterbury High School
Secondary · 2.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 8213 Wynlakes Boulevard, Montgomery, AL | $674,000 | 5 | 6 | 5,377 |
| 8507 Conduit Street, Montgomery, AL | $675,000 | 3 | 3 | 2,398 |
| 2581 River Ridge Way, Montgomery, AL | $679,000 | 4 | 4 | 3,142 |
| 7010 Fulton Court, Montgomery, AL | $680,000 | — | — | 4,897 |
| 7117 Fain Park Drive, Montgomery, AL | $690,000 | 5 | 6 | 3,571 |
| 6131 Monticello Drive, Montgomery, AL | $690,000 | 5 | 4 | 5,053 |
Moving Cost Estimate
EXIT Agents in Montgomery
Listing Courtesy: Partners Realty - 3342771077
Last Updated: 2026-04-07