$480,000

3034-3044 Fairwest Pl Unit 24 Montgomery, AL 36108

$5,700
Closing credit¹
House

Property details

About 3034-3044 Fairwest Pl Unit 24

This 24-unit apartment complex is built out of sturdy, concrete block construction, and each unit has 2 bedrooms and 1 bath. It has great investment potential once extensive renovations are made. It is located near Interstate 65 and across the street from the Public Health department and in close proximity to three public schools. This property is ready for an investor to bring it back to life and generate strong cash flow. It is a prime investment and when fully leased at pro-forma rents for Section 8 tenants, it can bring in almost $300K per year which should make the value of the property approximately $1.7M. In 2014, Montgomery, Alabama was named by USA Today as the #1 historical city in the United States. It is also home to the only Hyundai car manufacturing plant in the U.S. Montgomery had close to 1 million people visit the National Memorial for Peace and Justice museum and the companion Legacy Museum. In 2024, Montgomery, Alabama landed on the top 25 best places to visit in the South from the Southern Living magazine. Come invest in Montgomery, Alabama. Act quickly to get more details on the 24-unit apartment complex and/or to schedule a showing.

Highlights

Home typeOther
StatusActive
Year built1955
MLS #570156

Summary

  • MLS Number: 570156
  • MLS Name: MAAOR
  • Office Name: David Herman Realty
  • Office Phone: (334) 207-2464
  • Office Email: porterfield714@yahoo.com
  • Listing Agent: David Herman

IDX 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. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/5/2025, 10:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of home

$480,000

3034-3044 Fairwest Pl Unit 24

$5,700

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

7

Carver Elementary School

Public Magnet KG-5

0.2 mi

3100 Mobile Dr

1

Davis Elementary School

Public District KG-5

1.4 mi

3605 Rosa Parks Dr

2

Thelma S. Morris Elementary School

Public District KG-5

1.4 mi

801 Hill St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $10,490. Most Montgomery, AL residents have annual incomes less than $<35k. 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?

76%
<35k
19%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

57%
Single, No Kids
24%
Single, with Kids
13%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
15%
12-17 yrs old
18%
18-34 yrs old
38%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing
  • UFCUFC

Where do the neighbors shop?

  • Big LotsBig Lots
  • Family DollarFamily Dollar
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Golden CorralGolden Corral
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • KiaKia
  • ChevroletChevrolet
  • DodgeDodge

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • RockRock
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Montgomery, AL

About 3034-3044 Fairwest Pl Unit 24

This home is located at 3034-3044 Fairwest Pl Unit 24 in Montgomery, AL and zip code 36108. Features: 0 bathroom. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $480,000.

In March 2025, from all listings sold in Montgomery, AL there were more than 26 sold above asking price, over 115 sold below and more than 58 were sold right at the asked price. The number of listings in Montgomery, AL increased by 12.5% between February and March 2025. While the average time on the market in March 2025 was 83 days, the median list price was $185,950.

From Rocket Homes Real Estate and based on county public records data.

More resources