$2,601 Closing Credit¹
#576197, Ginger Bell, Listing Office: EXIT Royal Realty
$219,000 List price
1318 Federal Dr Montgomery, AL 36107
$2,601
Closing credit¹
House
Property details
About 1318 Federal Dr
Great Investment Opportunity with Immediate-Solid Cash Flow! This fully occupied duplex generates a steady $2,000/month in gross rental income ($1,100/unit A & $900/unit B) and delivers an impressive 8% cash-on-cash return. Both units are in excellent condition, offering spacious layouts, Unit A 3bd/2ba and Unit B 3bd/1ba, separate entrances, private utility meters, and on-site parking. Updates include newer mechanicals, efficient heating systems, and low-maintenance exteriors - this is truly a turnkey property! Whether you're expanding your rental portfolio or looking to live in one unit and rent the other, this is a rare opportunity in a high-demand rental market. Make this deal your own today! Schedule your personal showing to view this great property.
Highlights
Home typeOther
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Year built1956
MLS #576439
Summary
- Appliances: Gas Water Heater
- Flooring Type: Carpet, Tile, Wood
- Interior: Breakfast Area
- Architectural Style: One Story
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $219,000
- Annual Tax Amount: $831
- Tax Year: 2023
- Lot: City Lot
- Directions: Off Coliseum Blvd turn onto Federal Drive.
- Year Built: 1956
- Stories: 1
- MLS Number: 576439
- MLS Name: MAAOR
- Office Name: CHOSEN Realty, LLC.
- Office Phone: (334) 676-2273
- Office Email: jandcandrews@charter.net
- Listing Agent: Cassandra Andrews
Listing Information Copyright 2025 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. 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. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. 
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2025, 2:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$219,000
1318 Federal Dr
$2,601
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 02, 2013 | Home Sold | $113,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $17,770 | $831 |
| 2022 | $16,640 | $576 |
| 2021 | $14,240 | $488 |
| 2020 | $14,240 | $478 |
| 2019 | $13,320 | $445 |
| 2018 | $13,900 | $466 |
| 2017 | $11,080 | $363 |
History based on county public records data.
Nearby schools
2
Highland Gardens Elementary School
Public District PK-5
0.5 mi
•2801 Willena Ave
1
Morningview Elementary School
Public District KG-5
0.6 mi
•2849 Pelzer Ave
1
Chisholm Elementary School
Public District KG-5
1.6 mi
•307 E Vandiver Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,761. The most common annual income of people living in Montgomery, AL is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
36%
<35k
46%
35k-100k
14%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
48%
Single, No Kids
17%
Single, with Kids
24%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
24%
18-34 yrs old
36%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Horse Races
Extreme Sports
Where do the neighbors shop?
Family Dollar
Stein Mart
Sam's Club
Where do the neighbors go to eat?
White Castle
LongHorn Steakhouse
Golden Corral
What do the neighbors drive?
Chevrolet
Buick
Oldsmobile
What do the neighbors listen to?
Rock
Contemporary Inspirational
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Montgomery, AL
Montgomery's transportation infrastructure supports both private and public transit options. The city's bus system, known as The M, operates across multiple routes, facilitating access to key areas within the city. Ride-sharing services are readily available, providing convenient alternatives to traditional transit. While the city is designed to accommodate vehicle traffic, efforts have been made to improve walkability in certain districts, particularly in the downtown area. Major highways, such as Interstate 65 and Interstate 85, intersect in Montgomery, making it a hub for regional travel and commerce.
The community is served by a comprehensive network of services, including numerous public and private schools that offer a range of educational programs. Montgomery is home to several higher education institutions, adding to the educational depth of the city. Healthcare is well-facilitated, with major hospitals providing a spectrum of services from emergency care to specialized treatments. The city's public library system is extensive, supporting lifelong learning and community engagement. Retail and dining options abound, with an emphasis on local flavors and products, reflecting the city's Southern charm and culinary heritage.
Montgomery prides itself on its deep historical roots and vibrant cultural scene. The city is celebrated for its significant role in the civil rights movement, with landmarks and museums commemorating this pivotal period in American history. The community enjoys a variety of annual events and festivals that showcase local arts, music, and cuisine, contributing to a strong sense of identity and pride among residents.
Montgomery's housing market offers a diverse array of options, with single-family homes being particularly prevalent. Architectural styles in the area range from historic antebellum homes to contemporary constructions, reflecting the city's rich history and modern growth. The market is characterized by a mix of older homes dating back to the early 20th century, alongside newer developments that have expanded the city's residential landscape. The homeownership rate in Montgomery is robust, with a significant portion of residents investing in their own homes, while a competitive rental market caters to those preferring to rent.
About 1318 Federal Dr
The listing price of 1318 Federal Dr property is $219,000.
The property 1318 Federal Dr is a house located in Montgomery, Alabama, 36107.
Active Listing: 1318 Federal Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1318 Federal Dr are: Highland Gardens Elementary School (GreatSchools Rating 2/10), Morningview Elementary School (GreatSchools Rating 1/10), Chisholm Elementary School (GreatSchools Rating 1/10), Capitol Heights Middle School (GreatSchools Rating 1/10), Goodwyn Middle School (GreatSchools Rating 1/10), Baldwin Art and Academics Magnet (GreatSchools Rating 10/10), Robert E. Lee High School (GreatSchools Rating 1/10), Lanier High School (GreatSchools Rating 2/10), Jefferson Davis High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $831 (source: MLS/based on county public records data).
The last sale was on August 2, 2013 for $113,500 (source: MLS/tax record).
The property at 1318 Federal Dr has 0 bathroom.
The year of construction for 1318 Federal Dr is 1956.
This home is located at 1318 Federal Dr in Montgomery, AL and zip code 36109. Features: 0 bathroom. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $219,000.
In April 2025, from all listings sold in Montgomery, AL there were more than 31 sold above asking price, over 121 sold below and more than 61 were sold right at the asked price. The inventory of homes for sale in Montgomery, AL between March and April 2025 increased by 4.7%. Listings spent 86 days on the market in April 2025, and had a median list price of $188,583 during the same period.
From Rocket Homes Real Estate and based on county public records data.