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2239 Madison Avenue, 
Montgomery, AL 36107

$540,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Jamie Thompson

Exit Garth Realty

334-593-0489

Last updated:

April 3, 2026, 02:38 PM

MLS#

582081

Source:

AL MLSM

About This Home

2239 Madison Avenue

Rare 4 Unit Investment Property in Historic Downtown Montgomery on Madison Ave! Proven AirBnb Performer, Currently leased at $12,000 per month! Opportunities like this don't come around often - located in the heart of historic downtown Montgomery, this fully renovated 4 Unit Apartment Building features (2) 1 BR/1BA units & (2) Efficiency units - convenient for Airbnb travelers, corporate stays, military students, extended guests or long term tenants! Updated kitchens, baths, flooring, mechanical systems and exterior! On site parking, security camera system, and secure coded entry for guests! Walking distance to downtown restaurants and attractions. Cash Flow from Day 1 - temporarily leased to a private party for $12k per month, and proven Airbnb income track record when lease ends. Turn-key investment and rental opportunity for someone looking for a multi-family property near the city attractions and major employers!

Home Facts

Multi-Family

Built in 1930

Price Summary

540,000

MLS #:

582081

Last Updated:

April 3, 2026, 02:38 PM

Added:

4 month(s) ago

Structure

Structure

Architectural Style:

One Story

Year Built:

1930

Finances & Disclosures

Finances

Price:

$540,000

Source:AL MLSM
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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.