321 Olivia Court

Montgomery AL 36107

Other

Last sold for $142,500

Bo Evans, last sold this property on 01 October 2026 after 64 days on market.

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

Other

Estimated Value

Based on this property and similar other properties sold in Montgomery over the last 12 months, the estimated median property value of 321 Olivia Court is $142.5k.

Median value

$142.5k

Estimated value range

$61.5k - $317.5k

Median days on market

104

Estimated value trend

-29%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Montgomery. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 321 Olivia Court

2026

Sold

$142,500

01 Oct 2026 by Bo Evans, of Bo Evans Realty

2026

Rented

Undisclosed

24 Jul 2026 by Bo Evans Realty

2021

Sold

Undisclosed

08 Dec 2021

Happy sellers in Montgomery

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.