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3 Beds
1 Bath
990 sqft

$86,000

1618 MIDWAY STREET, MONTGOMERY AL, 36110

Price per sqft$86.87
Built in1970
Property size990 sqft
Property typeResidential

Overview

Active

Listed Jun 21, 2026

Updated 2 weeks ago

Income-producing property with an established Section 8 tenant paying $875 per month! This well-maintained 3-bedroom, 1-bath home offers a great opportunity for investors seeking stable cash flow and a valuable addition to their rental portfolio. The property features a newer HVAC system and a roof that is only six years old, helping minimize near-term capital expenses. Inside, you'll find a functional layout with a separate laundry room, adding convenience and appeal for tenants. This property provides immediate rental income from day one, making it ideal for both seasoned investors and those looking to expand their holdings with a low-maintenance asset. Whether you're building long-term wealth or seeking dependable monthly income, this property checks the boxes with strong rental demand, existing cash flow, and major system updates already in place. DON'T ASK FOR SELLER FINANCING, MORTGAGE TAKEOVER OR OTHER CREATIVE FINANCING METHODS WILL NOT BE CONSIDERED.

$572/mo

Est. mortgage payment based on a $86,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
21456815

Interior Features

Bedrooms
3
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.19 Acres

Listed by Keller Williams Realty Hoover,Tony Alvarez  

All information deemed reliable but not guaranteed and should be independently verified. The properties displayed are provided courtesy of the Real Estate Brokers participating in the Greater Alabama MLS. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Rachel Hicks shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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