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$599,900

29 PIONEER DRIVE, MONTEVALLO AL, 35115

Built in1993
Property typeMulti-family

Overview

Active

Listed Oct 1, 2026

Updated 3 weeks ago

This unique investment property offers multiple income-producing opportunities on approximately 1.25 acres with approximately 200 feet of road frontage along Highway 25. The property currently includes six residential rental units, consisting of two 2-bedroom, 1-bath units and four 1-bedroom, 1-bath units. All units are connected to public water and public sewer and feature electric water heaters. Heating and cooling varies by unit, with some equipped with through-the-wall heat pump systems and others utilizing window heat pump units. In addition to the existing rental units, the property offers room for future income potential. A building lot with two sewer hookups and two water meters already in place.

$3,991/mo

Est. mortgage payment based on a $599,900 home price.

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

Listed by Team Lehman LLC,Susan Lehman  

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 EXIT LEGACY REALTY shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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