For Sale
Multi family home for sale at 740 Coliseum Blvd, Montgomery, AL 36109 | MLS# 585493 | Listing updated on 2026-09-22
Photo 1 of Multi family home for sale at 740 Coliseum Blvd, Montgomery, AL 36109 | MLS# 585493 | Listing updated on 2026-09-22
Photo 2 of Multi family home for sale at 740 Coliseum Blvd, Montgomery, AL 36109 | MLS# 585493 | Listing updated on 2026-09-22
Photo 3 of Multi family home for sale at 740 Coliseum Blvd, Montgomery, AL 36109 | MLS# 585493 | Listing updated on 2026-09-22
Photo 4 of Multi family home for sale at 740 Coliseum Blvd, Montgomery, AL 36109 | MLS# 585493 | Listing updated on 2026-09-22
9+
Beds Icon

Street View

$949,000

Monthly Est:$4,724

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon--sqft

740 Coliseum Blvd, Montgomery, AL 36109

$4,724/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1986

  • $-- HOA

  • -- sqft lot

  • --/sqft

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 plumb
ing 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.

  • Houzeo last checked: 12 hours ago
  • Listing updated: September 22, 2026 at 4:49 pm
  • Listing Provided by: Parker Ivey (334) 277-1077 DRE #0132805, Reg Mantooth (334) 277-1077 DRE #0096856 | Partners Realty (334) 277-1077
  • Source: Montgomery Area Association of REALTORS MLS-AL | MLS#: 585493 Montgomery Area Association of REALTORS MLS-AL

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Montgomery County

  • City

    Montgomery

  • Neighborhood

    --

  • Year Built

    1986

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Montgomery Area Association of REALTORS MLS

  • MLS Number

    585493

  • MLS Status

    Active

  • Days on Market

    210

  • Cumulative Days on Market

    168

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Interior Features

    Eat In Kitchen

  • Sewer

    Public Sewer

  • Appliances

    Electric Water Heater

  • Cooling

    Central Air, Electric

  • Flooring

    Plank, Vinyl

  • Heating

    Central, Electric

Construction

  • Year Built

    Year Built: 1986

  • Home type

    Multi Family

  • Construction Materials

    Brick

  • Architectural Style

    Two Story

  • Foundation Details

    Slab

Utilities & Energy

  • Laundry Features

    Washer Hookup, Dryer Hookup

  • Utilities

    Cable Available, Electricity Available, High Speed Internet Available

  • Water Source

    Public

Price History

DateEventPrice

09/08/2026

Source: mls_logoMontgomery Area Association of REALTORS MLS-AL #585493

Price Decreased

$949,000 -1.15%

$0/sqft

07/06/2026

Source: mls_logoMontgomery Area Association of REALTORS MLS-AL #585493

Price Decreased

$960,000 -1.54%

$0/sqft

05/26/2026

Source: mls_logoMontgomery Area Association of REALTORS MLS-AL #585493

Price Decreased

$975,000 -2.50%

$0/sqft

04/07/2026

Source: mls_logoMontgomery Area Association of REALTORS MLS-AL #585493

Listed for Sale

$1,000,000

$0/sqft

Based on information from the Montgomery Area Association of REALTORS® through Nov 02, 2026, 02:15PM. Information is deemed reliable, but not guaranteed. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Copyright 2026 Multiple Listing Service of the Montgomery Area Association of REALTORS®. All Rights Reserved.

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