3701 Wesley Dr

Montgomery AL 36111

Other

Last sold for $925,000

Jaquon Robinson, last sold this property on 17 March 2026 after 68 days on market.

Overview

INVESTORS DREAM!!! Great 22-unit apartment building with huge upside potential. 17 of 22 units have been fully renovated and have tenants in them. There remains five units to be remodeled. This is a great investment. All 1 Bedroom units are 900+ square feet and the 2 Bedroom apartments are 1000+ Sq/Ft with large patio/balconies. There is an incredible courtyard out back offering residents a place to rest and relax among nature. Two of the members of the company who owns the property are licensed Alabama and Georgia real estate agents There are three 1 bedroom 1 bath units, all have been renovated. There are fifteen 2 bedroom 1 bath units, all but three have been renovated. There are four 2 bedroom 2 bath units, all but two have been renovated. Owner pays water and trash ($27/can) as well as the electricity for the outdoor lights. | *** 2025 fire damaged 2 units not yet renovated & roof of one building*** ***Asbestos discovered in drywall / sheetrock joint compound in burned building*** ***Abatement estimates available upon receipt of POF*** | ***VALUE ADD OPPORTUNITY*** -Due to the large unit sizes 900 & 1,000 square ft, an additional bedroom could be added. -5 units are left to be renovated -Below market rent based on the Montgomery Housing Authority last updates -1 Br up to $932 -2 Br up to $1108 -3 Br up to 1432 -Laundry facility & vending machine additions. -Add new roof. -Located in Opportunity Zone providing additional tax incentives.

Features

Other

Estimated Value

We need at least 3 similar other properties sold in Montgomery over the last 12 months.

Property history for 3701 Wesley Dr

2026

Sold

$925,000

17 Mar 2026 by Jaquon Robinson, of Norluxe Realty Montgomery

2020

Sold

$630,000

14 Aug 2020 by DAVID HERMAN, of David Herman Realty

2018

Sold

Undisclosed

12 Sep 2018

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.