29 PIONEER DRIVE

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Address: 29 Pioneer Ave, Montevallo, AL 35115, USA
Atlanta & Southeast + Apartment Buildings
Created date: October 1, 2026
Date last updated: October 1, 2026
Price: $599,900Investment Analyzer NEW!

Property Description

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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $599,900
No. of Units: 6
Year Built: 1993
Opportunity Zone: No
Price per unit: $99,983
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 29 PIONEER DRIVE, MONTEVALLO, AL 35115, USA
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Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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