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1532 Winona Avenue, 
Montgomery, AL 36107

$341,900


2

Beds


1

Bath


4,214

Sq Ft


Condo

Active

Listed by

Steven Koleno

Beycome Brokerage Realty LLC.

804-656-5007

Last updated:

February 28, 2026, 03:33 PM

MLS#

584247

Source:

AL MLSM

About This Home

1532 Winona Avenue

Excellent investment opportunity featuring a 6-unit multifamily property totaling approximately 5,400 sq ft, with each unit offering 2 bedrooms and 1 bathroom—for a total of 12 bedrooms and 6 bathrooms. Four units are currently occupied with yearly leases in place and are in good condition, providing immediate, stable income, while two units are vacant—one rent-ready with light improvements and the other needing additional updates, creating strong value-add potential. Current rental rates range from $525 to $800 per month, leaving room for increased cash flow with renovations and rent adjustments. Conveniently located near Alabama State University, Gunter Annex, Montgomery Zoo & Mann Wildlife Learning Museum, Oak Park, Downtown Montgomery (including Riverfront Park, restaurants, and entertainment), and Baptist Medical Center South, as well as local grocery stores and convenience markets, this property creates strong rental appeal and long-term upside in a great rental market.

Home Facts

Condo

1 Bath

2 Bedrooms

Built in 1940

Price Summary

341,900

$81 per Sq. Ft.

MLS #:

584247

Last Updated:

February 28, 2026, 03:33 PM

Added:

4 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

4,214 Sq. Ft.


Structure

Structure

Architectural Style:

Two Story

Building Area:

4,214 Sq. Ft.

Year Built:

1940


Lot

Lot Size (Sq. Ft):

15,681


Finances & Disclosures

Finances

Price:

$341,900

Price per Sq. Ft:

$81 per Sq. Ft.

Source:AL MLSM
The information being provided by Montgomery Area Assoc Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Montgomery Area Assoc Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.