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321 Olivia Court

Montgomery AL 36107

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Currently for sale - view listing

Overview

Investor Opportunity! Turnkey Cash-Flowing Duplex | Fully Occupied | Exceeds the 1% Rule! Generating $1,675 per month ($20,100 annually) with long-term lease stability already in place. Priced at $150,000, this property exceeds the 1% Rule and offers immediate cash flow from day one. Each unit features 2 bedrooms and 1 bathroom and both units are individually metered with separate water, gas, and electric meters, allowing tenants to pay all utilities and helping keep operating expenses low. Owner expenses are limited primarily to taxes, insurance, lawn maintenance, and management. Located at the end of a quiet cul-de-sac, this income-producing property consists of two individually leased units with private driveways, washer/dryer hookups, and separate entrances. Current Rental Income: 319 Olivia Ct =$925/month and Lease through May 31, 2027. 321 Olivia Ct=$750/month and Lease through July 31, 2027. Both tenants are current on rent, do not have any pets and security deposits totaling $1,675 will transfer to the purchaser at closing. Whether you're completing a 1031 exchange, purchasing your first duplex, or expanding an existing portfolio, this stabilized income-producing property offers immediate cash flow with limited owner responsibilities and minimal operating complexity. Rent rolls available upon request.

Features

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Property history for 321 Olivia Court

2026
Rented
Undisclosed
24 Jul 2026 by Bo Evans Realty
2021
Sold
Undisclosed
08 Dec 2021
2021
Sold
$85,000
03 Sep 2021 by Michael Stroup, of Harris Realty

Happy sellers in Montgomery

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We have insufficient information to provide an overview of customer satisfaction for Montgomery. Viewing the agent profiles, reviews and sales for Montgomery can provide insights for this location.

Local market activity for other properties in Montgomery

In the last 12 months, 8 other properties similar to 321 Olivia Court, have been sold.

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