Discover a rare investment opportunity in Montgomery's historic Garden District. Built in 1900 and fully renovated from top to bottom, this impressive 3-unit multifamily property pairs historic charm with modern performance. The sale also includes the adjacent vacant lot, already zoned for multifamily development, allowing for immediate expansion or future value-add growth.
The property is being sold fully furnished, including all appliances, washers and dryers, and complete furniture packages in every unit, making this a turnkey, income-producing asset from day one. The building is currently cash flowing over $5,500 per month with stable traveling-nurse tenants in place, offering reliable occupancy and strong rental demand.
Major system upgrades completed in 2023 include:
-New plumbing drains, pipes, lines & water heaters
-New electrical wiring and boxes
-New HVAC systems
-50-year metal roof
-Custom countertops, tile work throughout
-Stainless steel appliances in every unit
-Fresh sheetrock and paint on every wall.
The two upper units feature impressive 11-foot ceilings, abundant natural light, and spacious layouts. All kitchens have been modernized with butcher block countertops and updated appliances. Bathrooms were fully remodeled with custom showers and luxury fixtures. Each unit offers streaming-enabled TVs, dedicated work areas with high-speed internet, and in-unit washers and dryers.
Additional features include:
-Off-street parking behind the building
-Private decks or enclosed porches in select units
-Outdoor dining and relaxation spaces
-A Murphy bed for flexible sleeping arrangements in one unit
-Thoughtful bedroom placement for privacy among cohabiting guests
Located minutes from Downtown Montgomery, Maxwell AFB, EJI, the Legacy Museum, MPAC, and major highways (I-65 & I-85), 229 Noble Avenue sits in a walkable, tree-lined neighborhood just steps from a beautiful public park.
Property Type(s):
Residential Income
|
Last Updated
|
12/9/2025
|
Tract
|
Garden District
|
|
Year Built
|
1900
|
Community
|
MONT-Central Montgomery/ Cloverdale/ASU
|
|
County
|
Montgomery
|
Additional Details
| AIR |
Central Air, Electric |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Electric Range, Gas Range, Gas Water Heater, Microwave, Refrigerator |
| AREA |
MONT-Central Montgomery/ Cloverdale/ASU |
| BASEMENT |
Finished, Yes |
| CONSTRUCTION |
Metal Siding, Wood Siding |
| EXTERIOR |
Balcony |
| HEAT |
Central, Natural Gas |
| INTERIOR |
Eat-in Kitchen, Kitchen Island |
| LOT DESCRIPTION |
City Lot |
| PARKING |
Driveway, Gravel, Parking Pad, Shared Driveway |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| STYLE |
TwoStory |
| SUBDIVISION |
Garden District |
| UTILITIES |
Cable Available, Electricity Available, Natural Gas Available |
| WATER |
Public |
Location
Listed with Kelly Realty, LLC.
Information herein is believed to be accurate and timely, but not warranty a such is expressed or implied.
Listing Information Copyright 2012 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS;®, Inc.
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 First Realty of Greenville, Inc are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.
This IDX solution is (c) Diverse Solutions 2025.
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