3145 S Hull St · Montgomery, AL 36105

$120,000

4 bd · 2.0 ba · 2,298 sqft · SingleFamily public records · 241 Days on market

Built 1941 0.28 ac lot $52/sqft · 15% below area Est $208k · 42% under ↓ 20% since listing

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.6/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Expansive Charm in the Heart of South Hull! Welcome to this spacious and character-filled home offering 3,375 square feet of living space in Montgomery’s beautiful South Hull District, just 1.5 blocks off E Fairview. With 4 bedrooms and 2 full bathrooms, this home boasts an impressive layout ideal for both everyday living and entertaining. Step inside and be greeted by original oak hardwood floors and warm knotty pine walls upstairs that give the home a cozy yet timeless feel. The living room is oversized, and the massive formal dining room is perfect for hosting holidays or large gatherings. The sunroom and dedicated home office add to the home's versatility. Need more room? The additional living quarters offer a fantastic opportunity for multigenerational living, guest space, or even rental potential. Downstairs, the large walk-out basement room is a blank canvas—ideal as a game room, media space, kids’ playroom, or bonus room to suit your lifestyle. Enjoy the outdoors on the covered front porch, shaded by a gorgeous magnolia tree, or get your hands dirty in the charming outdoor room, perfect for a potting shed or garden workspace. There's also a 2-car carport with extra storage for all your tools and gear. With its classic appeal, abundant space, and unbeatable location, this South Hull gem is ready to welcome you home. So much space, so much potential—schedule your showing today!

Key facts

• Knotty pine walls
• Sunroom
• 0.28 acre lot

Tags

• ORIGINAL OAK HARDWOOD FLOORS
• KNOTTY PINE WALLS
• OVERSIZED LIVING ROOM
• MASSIVE FORMAL DINING ROOM
• SUNROOM
• DEDICATED HOME OFFICE

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $547 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $120k).
• Recommended offer: $106k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.8% vs local median 6.0% in Montgomery — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 65/100 on livability (#138 in AL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools C-, employment D, crime F.
• Montgomery County (urban): math 9% / reading 31% proficiency, ranked #106 of 129 in AL (top 82%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 79 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 460 units permitted in Montgomery County in 2024 (37 in 5+ unit buildings).
• At $1,627/mo this rent would consume 47% of the median local household income ($41k/yr) (locally 679% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $830 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Montgomery County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $34k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 241 days — a 12% lower offer ($106k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 3y ago; this cycle's ask has dropped $110k (48%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1941 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $105,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 241 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1941 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.36% ✓
• Cap rate: 11.76%
• Cash-on-cash: 19.54%
• DSCR: 1.87
• GRM: 6.1

CMA / ARV

• ARV (median comp): $207,856
• List price: $120,000
• Delta: -42.27%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3374 Gilmer Ave	0.30mi	4/2.5	2,348 (+2%)	5mo	$56,000	$24	76
25 Arlington Rd	0.34mi	3/2.0 (-1)	2,231 (-3%)	0mo	$57,500	$26	74
3370 Lexington Rd	0.35mi	3/2.0 (-1)	2,265 (-1%)	6mo	$238,900	$105	71
3126 Gilmer Ave	0.16mi	3/2.0 (-1)	2,130 (-7%)	7mo	$39,900	$19	70
737 Park Ave	0.53mi	3/2.5 (-1)	2,274 (-1%)	3mo	$305,100	$134	64
3357 Wilmington Rd	0.28mi	3/2.0 (-1)	2,064 (-10%)	2mo	$165,000	$80	64
3455 Wellington Rd	0.44mi	4/2.0	2,038 (-11%)	3mo	$100,000	$49	58
3524 S Perry St	0.72mi	3/2.0 (-1)	2,314 (+1%)	7mo	$79,900	$35	55
541 Cloverdale Rd	0.67mi	3/2.5 (-1)	2,400 (+4%)	4mo	$450,000	$188	52
201 Felder Ave	0.56mi	3/2.5 (-1)	2,517 (+10%)	1mo	$385,000	$153	50
3360 Montezuma Rd	0.48mi	3/2.5 (-1)	2,521 (+10%)	7mo	$240,000	$95	49
3237 Cloverdale Rd	0.60mi	3/2.0 (-1)	1,954 (-15%)	2mo	$240,000	$123	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 11.5%
• Equity multiple: 1.46×
• Total profit: $15,362
• Equity at exit: $17,892

10-year hold

• IRR: 20.5%
• Equity multiple: 2.73×
• Total profit: $58,109
• Equity at exit: $10,375

Cash invested: $33,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Alabama: 90 Strongly Landlord-Friendly · R+15
• County: — inherits STATE
• City: — inherits STATE

Right-to-evict in 7 days for non-payment; no rent control; preempted statewide; courts move quickly.

Methodology + full state rankings →

ZIP-level market 36105

• Home prices YoY: -32.6%
• Active inventory: 79
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $1,627 high
• Mortgage (P&I): −$629
• Tax from tax record: −$59 /mo · $706/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$342
• Net cashflow: $547

Break-even live

Break-even rent $934

Max offer price $120,000

Occupancy floor 61%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $30,000
• Closing costs: $3,600
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
139 Mount Vernon Dr Unit A Montgomery, AL	4.0	2.5	1700	$1,000	$0.59	43d	1	0.20mi
3235 Norman Bridge Rd Montgomery, AL	3.0	1.0	1873	$900	$0.48	43d	1	0.22mi
3304 Gilmer Ave Montgomery, AL	4.0	2.0	2009	$1,400	$0.70	21d	1	0.25mi
640 Plymouth St Montgomery, AL	5.0	3.0	3224	$2,400	$0.74	21d	1	0.35mi
334 Felder Ave Montgomery, AL	3.0	2.0	2223	$2,395	$1.08	43d	1	0.46mi
3485 Wellington Rd Montgomery, AL	3.0	2.0	2437	$1,395	$0.57	21d	1	0.50mi
144 Clanton Ave Montgomery, AL	4.0	2.0	3178	$1,595	$0.50	21d	1	0.64mi
1029 Magnolia Curv Montgomery, AL	3.0	2.5	3134	$2,695	$0.86	13d	1	0.68mi
1259 S Lawrence St Montgomery, AL	3.0	1.0	1728	$1,300	$0.75	43d	1	0.71mi
3544 Southmont Dr Montgomery, AL	4.0	1.5	1774	$1,300	$0.73	21d	1	0.77mi
3543 Berkley Dr Montgomery, AL	4.0	2.0	2067	$1,575	$0.76	13d	1	0.89mi
1121 Felder Ave Unit 1043909P Montgomery, AL	4.0	2.5	2647	$3,152	$1.19	21d	1	0.92mi
3510 Bankhead Ave Montgomery, AL	3.0	3.0	2210	$2,250	$1.02	43d	1	0.96mi
1355 Magnolia Curv Montgomery, AL	3.0	3.0	2260	$1,800	$0.80	13d	1	0.99mi
22 W Cromwell St Montgomery, AL	4.0	2.0	1645	$1,350	$0.82	21d	1	0.99mi
3556 Princeton Rd Montgomery, AL	4.0	2.0	2718	$1,200	$0.44	21d	1	1.02mi
1425 Blairwood Montgomery, AL	3.0	2.0	1700	$1,850	$1.09	13d	1	1.13mi
1450 Crenshaw Pl S Montgomery, AL	3.0	2.0	1641	$1,775	$1.08	43d	1	1.14mi
3616 Gaston Ave Montgomery, AL	4.0	2.0	1629	$1,300	$0.80	43d	1	1.18mi
2043 Hazel Hedge Ln Montgomery, AL	4.0	3.0	2001	$1,650	$0.82	13d	1	1.19mi
3963 S Court St Montgomery, AL	5.0	2.0	2000	$1,840	$0.92	43d	1	1.24mi
3720 Stanley Dr Montgomery, AL	4.0	2.0	1719	$1,650	$0.96	21d	1	1.28mi
1437 Beaumont Dr Montgomery, AL	4.0	2.0	2029	$1,500	$0.74	43d	1	1.42mi
1388 Adrian Ln Montgomery, AL	5.0	2.0	1701	$1,600	$0.94	13d	1	1.43mi
3902 Wesley Dr Montgomery, AL	5.0	2.0	1689	$1,595	$0.94	21d	1	1.44mi

Listing history 12 events

1. 2026-05-07
   historical Contingent 1431-char remark

   Show marketing remark (1431 chars)

   Expansive Charm in the Heart of South Hull! Welcome to this spacious and character-filled home offering 3,375 square feet of living space in Montgomery’s beautiful South Hull District, just 1.5 blocks off E Fairview. With 4 bedrooms and 2 full bathrooms, this home boasts an impressive layout ideal for both everyday living and entertaining. Step inside and be greeted by original oak hardwood floors and warm knotty pine walls upstairs that give the home a cozy yet timeless feel. The living room is oversized, and the massive formal dining room is perfect for hosting holidays or large gatherings. The sunroom and dedicated home office add to the home's versatility. Need more room? The additional living quarters offer a fantastic opportunity for multigenerational living, guest space, or even rental potential. Downstairs, the large walk-out basement room is a blank canvas—ideal as a game room, media space, kids’ playroom, or bonus room to suit your lifestyle. Enjoy the outdoors on the covered front porch, shaded by a gorgeous magnolia tree, or get your hands dirty in the charming outdoor room, perfect for a potting shed or garden workspace. There's also a 2-car carport with extra storage for all your tools and gear. With its classic appeal, abundant space, and unbeatable location, this South Hull gem is ready to welcome you home. So much space, so much potential—schedule your showing today!

2. 2026-04-21
   price $120,000 1431-char remark

   Show marketing remark (1431 chars)

   Expansive Charm in the Heart of South Hull! Welcome to this spacious and character-filled home offering 3,375 square feet of living space in Montgomery’s beautiful South Hull District, just 1.5 blocks off E Fairview. With 4 bedrooms and 2 full bathrooms, this home boasts an impressive layout ideal for both everyday living and entertaining. Step inside and be greeted by original oak hardwood floors and warm knotty pine walls upstairs that give the home a cozy yet timeless feel. The living room is oversized, and the massive formal dining room is perfect for hosting holidays or large gatherings. The sunroom and dedicated home office add to the home's versatility. Need more room? The additional living quarters offer a fantastic opportunity for multigenerational living, guest space, or even rental potential. Downstairs, the large walk-out basement room is a blank canvas—ideal as a game room, media space, kids’ playroom, or bonus room to suit your lifestyle. Enjoy the outdoors on the covered front porch, shaded by a gorgeous magnolia tree, or get your hands dirty in the charming outdoor room, perfect for a potting shed or garden workspace. There's also a 2-car carport with extra storage for all your tools and gear. With its classic appeal, abundant space, and unbeatable location, this South Hull gem is ready to welcome you home. So much space, so much potential—schedule your showing today!

3. 2026-04-14
   price $155,000 1431-char remark

   Show marketing remark (1431 chars)

   Expansive Charm in the Heart of South Hull! Welcome to this spacious and character-filled home offering 3,375 square feet of living space in Montgomery’s beautiful South Hull District, just 1.5 blocks off E Fairview. With 4 bedrooms and 2 full bathrooms, this home boasts an impressive layout ideal for both everyday living and entertaining. Step inside and be greeted by original oak hardwood floors and warm knotty pine walls upstairs that give the home a cozy yet timeless feel. The living room is oversized, and the massive formal dining room is perfect for hosting holidays or large gatherings. The sunroom and dedicated home office add to the home's versatility. Need more room? The additional living quarters offer a fantastic opportunity for multigenerational living, guest space, or even rental potential. Downstairs, the large walk-out basement room is a blank canvas—ideal as a game room, media space, kids’ playroom, or bonus room to suit your lifestyle. Enjoy the outdoors on the covered front porch, shaded by a gorgeous magnolia tree, or get your hands dirty in the charming outdoor room, perfect for a potting shed or garden workspace. There's also a 2-car carport with extra storage for all your tools and gear. With its classic appeal, abundant space, and unbeatable location, this South Hull gem is ready to welcome you home. So much space, so much potential—schedule your showing today!

4. 2026-01-23
   price $185,000 1431-char remark

   Show marketing remark (1431 chars)

   Expansive Charm in the Heart of South Hull! Welcome to this spacious and character-filled home offering 3,375 square feet of living space in Montgomery’s beautiful South Hull District, just 1.5 blocks off E Fairview. With 4 bedrooms and 2 full bathrooms, this home boasts an impressive layout ideal for both everyday living and entertaining. Step inside and be greeted by original oak hardwood floors and warm knotty pine walls upstairs that give the home a cozy yet timeless feel. The living room is oversized, and the massive formal dining room is perfect for hosting holidays or large gatherings. The sunroom and dedicated home office add to the home's versatility. Need more room? The additional living quarters offer a fantastic opportunity for multigenerational living, guest space, or even rental potential. Downstairs, the large walk-out basement room is a blank canvas—ideal as a game room, media space, kids’ playroom, or bonus room to suit your lifestyle. Enjoy the outdoors on the covered front porch, shaded by a gorgeous magnolia tree, or get your hands dirty in the charming outdoor room, perfect for a potting shed or garden workspace. There's also a 2-car carport with extra storage for all your tools and gear. With its classic appeal, abundant space, and unbeatable location, this South Hull gem is ready to welcome you home. So much space, so much potential—schedule your showing today!

5. 2025-12-18
   price $199,900 1431-char remark

   Show marketing remark (1431 chars)

   Expansive Charm in the Heart of South Hull! Welcome to this spacious and character-filled home offering 3,375 square feet of living space in Montgomery’s beautiful South Hull District, just 1.5 blocks off E Fairview. With 4 bedrooms and 2 full bathrooms, this home boasts an impressive layout ideal for both everyday living and entertaining. Step inside and be greeted by original oak hardwood floors and warm knotty pine walls upstairs that give the home a cozy yet timeless feel. The living room is oversized, and the massive formal dining room is perfect for hosting holidays or large gatherings. The sunroom and dedicated home office add to the home's versatility. Need more room? The additional living quarters offer a fantastic opportunity for multigenerational living, guest space, or even rental potential. Downstairs, the large walk-out basement room is a blank canvas—ideal as a game room, media space, kids’ playroom, or bonus room to suit your lifestyle. Enjoy the outdoors on the covered front porch, shaded by a gorgeous magnolia tree, or get your hands dirty in the charming outdoor room, perfect for a potting shed or garden workspace. There's also a 2-car carport with extra storage for all your tools and gear. With its classic appeal, abundant space, and unbeatable location, this South Hull gem is ready to welcome you home. So much space, so much potential—schedule your showing today!

6. 2025-10-24
   status Active 1431-char remark

   Show marketing remark (1431 chars)

   Expansive Charm in the Heart of South Hull! Welcome to this spacious and character-filled home offering 3,375 square feet of living space in Montgomery’s beautiful South Hull District, just 1.5 blocks off E Fairview. With 4 bedrooms and 2 full bathrooms, this home boasts an impressive layout ideal for both everyday living and entertaining. Step inside and be greeted by original oak hardwood floors and warm knotty pine walls upstairs that give the home a cozy yet timeless feel. The living room is oversized, and the massive formal dining room is perfect for hosting holidays or large gatherings. The sunroom and dedicated home office add to the home's versatility. Need more room? The additional living quarters offer a fantastic opportunity for multigenerational living, guest space, or even rental potential. Downstairs, the large walk-out basement room is a blank canvas—ideal as a game room, media space, kids’ playroom, or bonus room to suit your lifestyle. Enjoy the outdoors on the covered front porch, shaded by a gorgeous magnolia tree, or get your hands dirty in the charming outdoor room, perfect for a potting shed or garden workspace. There's also a 2-car carport with extra storage for all your tools and gear. With its classic appeal, abundant space, and unbeatable location, this South Hull gem is ready to welcome you home. So much space, so much potential—schedule your showing today!

7. 2025-10-08
   status Active 1431-char remark

   Show marketing remark (1431 chars)

   Expansive Charm in the Heart of South Hull! Welcome to this spacious and character-filled home offering 3,375 square feet of living space in Montgomery’s beautiful South Hull District, just 1.5 blocks off E Fairview. With 4 bedrooms and 2 full bathrooms, this home boasts an impressive layout ideal for both everyday living and entertaining. Step inside and be greeted by original oak hardwood floors and warm knotty pine walls upstairs that give the home a cozy yet timeless feel. The living room is oversized, and the massive formal dining room is perfect for hosting holidays or large gatherings. The sunroom and dedicated home office add to the home's versatility. Need more room? The additional living quarters offer a fantastic opportunity for multigenerational living, guest space, or even rental potential. Downstairs, the large walk-out basement room is a blank canvas—ideal as a game room, media space, kids’ playroom, or bonus room to suit your lifestyle. Enjoy the outdoors on the covered front porch, shaded by a gorgeous magnolia tree, or get your hands dirty in the charming outdoor room, perfect for a potting shed or garden workspace. There's also a 2-car carport with extra storage for all your tools and gear. With its classic appeal, abundant space, and unbeatable location, this South Hull gem is ready to welcome you home. So much space, so much potential—schedule your showing today!

8. 2025-10-08
   price $217,500 1431-char remark

   Show marketing remark (1431 chars)

   Expansive Charm in the Heart of South Hull! Welcome to this spacious and character-filled home offering 3,375 square feet of living space in Montgomery’s beautiful South Hull District, just 1.5 blocks off E Fairview. With 4 bedrooms and 2 full bathrooms, this home boasts an impressive layout ideal for both everyday living and entertaining. Step inside and be greeted by original oak hardwood floors and warm knotty pine walls upstairs that give the home a cozy yet timeless feel. The living room is oversized, and the massive formal dining room is perfect for hosting holidays or large gatherings. The sunroom and dedicated home office add to the home's versatility. Need more room? The additional living quarters offer a fantastic opportunity for multigenerational living, guest space, or even rental potential. Downstairs, the large walk-out basement room is a blank canvas—ideal as a game room, media space, kids’ playroom, or bonus room to suit your lifestyle. Enjoy the outdoors on the covered front porch, shaded by a gorgeous magnolia tree, or get your hands dirty in the charming outdoor room, perfect for a potting shed or garden workspace. There's also a 2-car carport with extra storage for all your tools and gear. With its classic appeal, abundant space, and unbeatable location, this South Hull gem is ready to welcome you home. So much space, so much potential—schedule your showing today!

9. 2025-07-25
   listed $229,850 Active 1431-char remark

   Show marketing remark (1431 chars)

   Expansive Charm in the Heart of South Hull! Welcome to this spacious and character-filled home offering 3,375 square feet of living space in Montgomery’s beautiful South Hull District, just 1.5 blocks off E Fairview. With 4 bedrooms and 2 full bathrooms, this home boasts an impressive layout ideal for both everyday living and entertaining. Step inside and be greeted by original oak hardwood floors and warm knotty pine walls upstairs that give the home a cozy yet timeless feel. The living room is oversized, and the massive formal dining room is perfect for hosting holidays or large gatherings. The sunroom and dedicated home office add to the home's versatility. Need more room? The additional living quarters offer a fantastic opportunity for multigenerational living, guest space, or even rental potential. Downstairs, the large walk-out basement room is a blank canvas—ideal as a game room, media space, kids’ playroom, or bonus room to suit your lifestyle. Enjoy the outdoors on the covered front porch, shaded by a gorgeous magnolia tree, or get your hands dirty in the charming outdoor room, perfect for a potting shed or garden workspace. There's also a 2-car carport with extra storage for all your tools and gear. With its classic appeal, abundant space, and unbeatable location, this South Hull gem is ready to welcome you home. So much space, so much potential—schedule your showing today!

10. 2023-03-29
    soldstatus $117,000 Closed 355-char remark

    Show marketing remark (355 chars)

    LOOKS ARE DECEIVING! All is needed is a little TLC. This property is much larger than it appears. Specking of "Great Bones", This property is solid as a rock. The rental potential is unreal. There are two separate living areas with all the amenities needed. The square footage is all usable space. Property being sold "Strictly As Is"

11. 2023-02-27
    status Pending 355-char remark

    Show marketing remark (355 chars)

    LOOKS ARE DECEIVING! All is needed is a little TLC. This property is much larger than it appears. Specking of "Great Bones", This property is solid as a rock. The rental potential is unreal. There are two separate living areas with all the amenities needed. The square footage is all usable space. Property being sold "Strictly As Is"

12. 2023-02-13
    listed $149,900 Active 355-char remark

    Show marketing remark (355 chars)

    LOOKS ARE DECEIVING! All is needed is a little TLC. This property is much larger than it appears. Specking of "Great Bones", This property is solid as a rock. The rental potential is unreal. There are two separate living areas with all the amenities needed. The square footage is all usable space. Property being sold "Strictly As Is"

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast AL · Resets to sale price

• Current annual tax: $706 · $59/mo
• Projected year-2 tax: $706 · $59/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 19 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,521
• − Mortgage interest: −$6,722
• − Property taxes: −$706
• − Insurance: −$600
• − Repairs & maintenance: −$1,562
• − Management: −$1,562
• − Depreciation: −$3,491
• Taxable income: $4,879
• Est. tax owed @ 24.0%: −$1,171
• After-tax cash flow: $5,393/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Montgomery County
• NCES district ID: 0102430
• Math proficiency: 9% ▼ -21.00%
• Reading proficiency: 31% ▼ -1.00%
• Median HH income: $43,902
• Composite: 17.24/100
• National rank: #9093
• State rank: #106 of 129 in AL

Livability — Montgomery

• Score: 65/100
• State rank: #138
• US rank: #13416

Category grades

Amenities D- Commute F Cost of living A+ Crime F Employment D Housing A+ Health & safety F User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Montgomery, AL
• County: Montgomery County · 190,016 people
• City population: 175,913
• Metro: Montgomery, AL
• Population (ZIP): 9,207
• Household income: $41,486
• Rent vs Own: 39.9% rent · 60.1% own
• Severe rent burden: 679.0

Population outlook (Montgomery County) Hauer SSP2

• Today (2025): 224,008 people
• By 2030: 221,460 · -1.1%
• By 2040: 214,179 · -4.4%
• By 2050: 204,912 · -8.5%
• By 2075: 177,821 · -20.6%
• By 2100: 145,134 · -35.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (83%)
• Race & ethnicity: Black 83% White 12% Hispanic / Latino 4% Two or more races 3%
• Common ancestry: Italian 1%
• Foreign-born: 3% · Canada, South Korea
• Languages at home: 95% English-only · Spanish 4%

Political lean MEDSL · Montgomery

• 2024 margin: Solid D (+30.7) · D 64.8% · R 34.1% · Other 1.1%
• 2008→2024 swing: +11.5pp toward D · 2008: 19.2pp · 2024: 30.7pp
• All cycles: 2024: D+30.7 2020: D+31.5 2016: D+26.2 2012: D+24.3 2008: D+19.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -31.17%
• Current HPI: 64.4673
• Rent YoY: —
• Metro: Montgomery, AL
• State GDP YoY: ▲ 2.94%
• F500 in state: 4

Industry mix (Fortune 500 HQ in AL)

Industry	F500 HQs	Revenue
▸Financial Services	1	$8B
▸Healthcare	1	$5B

Price history

-19.9% since first listed

12 events — show timeline

• 2026-05-07 Contingent — MAAR
• 2026-04-21 Price Changed $120,000 MAAR
• 2026-04-14 Price Changed $155,000 MAAR
• 2026-01-23 Price Changed $185,000 MAAR
• 2025-12-18 Price Changed $199,900 MAAR
• 2025-10-24 Relisted — MAAR
• 2025-10-08 Relisted — MAAR
• 2025-10-08 Price Changed $217,500 MAAR
• 2025-07-25 Listed $229,850 MAAR
• 2023-03-29 Sold (MLS) $117,000 MAAR
• 2023-02-27 Pending — MAAR
• 2023-02-13 Listed $149,900 MAAR

Property tax history

+8.2%/yr

Latest (2023): $706 · +80.5% YoY. Source: county tax records.