BIG PRICE DROP - Prime Cloverdale Investment Opportunity and Prime LOCATION. This Classic Brick Two-Unit Multifamily Home sits in the heart of Historic Cloverdale, one of Montgomery’s most charming and sought-after neighborhoods. Each spacious apartment features Hardwood Floors, Central Heating and Air, a Water Heater, and Washer/Dryer hookups. New Roof in 2020. The units boast Large Living Rooms and Unit 3141 has a Dining Room. Both units provide comfortable layouts and timeless character. The property offers attic space for storage, large yard and ample off-street parking. This rental property is in-demand—vacancies rarely exceed 1.5 months! Current Gross Annual Income: $24,450 (based on current annual leases), Pro Forma Cap Rate over 6% (based on current market rents). This property is within walking distance to Cloverdale Road Park, several popular local restaurants and a short drive to Huntingdon College, ASU, State Capitol and Maxwell AFB. Whether you’re looking for a turnkey investment or envision converting this beauty into a single-family residence, opportunities like this don’t come along often!
For sale
Price cut: $8K (2/7)
$219,500
3141 Lebron Rd, Montgomery, AL 36106
3beds
2baths
--sqft
Est.:
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Timeless characterAmple off-street parkingCentral heating and airSpacious apartmentComfortable layoutsHardwood floorsLarge yard
- 100 days |
- 892 |
- 39 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: February 07, 2026 at 06:35am
Listed by:
Emily Taylor 334-425-7835,
IronGate Real Estate
Source: MAAR,MLS#: 580907
Originating MLS: Montgomery Area Association Of Realtors
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Central, Gas
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Electric Range, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator
Features
- Separate/Formal Dining Room
- Flooring: Tile, Wood
Property
Parking
- Parking features: Driveway, Parking Pad
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Features: City Lot
Details
- Parcel number: 1004194011006.000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: One Story
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: Cloverdale
HOA
- Has HOA: No
Location
- Region: Montgomery
Financial & listing details
- Tax assessed value: $203,100
- Annual tax amount: $1,970
- Date on market: 11/11/2025
- Cumulative days on market: 101 days
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas, Trash Collection, Water
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/7/2026 | Price change | $219,500-3.5% |
Source: | ||
| 1/28/2026 | Price change | $227,500-2.2% |
Source: | ||
| 1/5/2026 | Price change | $232,500-4.1% |
Source: | ||
| 11/11/2025 | Listed for sale | $242,500+79.6% |
Source: | ||
| 8/4/2025 | Listing removed | $1,150 |
Source: Zillow Rentals Report a problem | ||
| 8/1/2025 | Price change | $1,150+15.6% |
Source: Zillow Rentals Report a problem | ||
| 7/1/2025 | Listed for rent | $995+4.7% |
Source: Zillow Rentals Report a problem | ||
| 8/5/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 7/31/2022 | Listed for rent | $950-3.6% |
Source: Zillow Rental Manager Report a problem | ||
| 12/7/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/31/2021 | Price change | $985-14.3% |
Source: Zillow Rental Manager Report a problem | ||
| 10/19/2021 | Price change | $1,150-4.2% |
Source: Zillow Rental Manager Report a problem | ||
| 10/11/2021 | Price change | $1,200-4% |
Source: Zillow Rental Manager Report a problem | ||
| 10/6/2021 | Listed for rent | $1,250+35.1% |
Source: Zillow Rental Manager Report a problem | ||
| 3/13/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/1/2019 | Listing removed | $925 |
Source: Owner Report a problem | ||
| 11/7/2019 | Price change | $925+0.5% |
Source: Owner Report a problem | ||
| 9/24/2019 | Price change | $920-1.6% |
Source: Owner Report a problem | ||
| 8/30/2019 | Listed for rent | $935+1.1% |
Source: Owner Report a problem | ||
| 8/2/2017 | Sold | $135,000-18.2% |
Source: Public Record Report a problem | ||
| 8/2/2017 | Listing removed | $925 |
Source: Owner Report a problem | ||
| 7/28/2017 | Listed for rent | $925 |
Source: Owner Report a problem | ||
| 2/20/2017 | Listed for sale | $165,000+1.3% |
Source: Owner Report a problem | ||
| 1/18/2017 | Listing removed | $162,900 |
Source: Owner Report a problem | ||
| 5/31/2016 | Listed for sale | $162,900+714.5% |
Source: Owner Report a problem | ||
| 2/5/2008 | Sold | $20,000 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,970 +4.6% | $40,620 +4.6% |
| 2023 | $1,883 +40.9% | $38,820 +6% |
| 2022 | $1,337 +14.8% | $36,620 |
| 2021 | $1,164 | -- |
| 2020 | $1,164 -19.4% | $31,900 |
| 2019 | $1,445 +8.5% | -- |
| 2018 | $1,332 +165.8% | $36,500 +35.8% |
| 2017 | $501 | $26,880 -17.6% |
| 2014 | $501 | $32,620 +3.6% |
| 2013 | -- | $31,500 |
| 2011 | -- | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,218/mo
Principal & interest
$1132
Property taxes
$86
Climate risks
Neighborhood: 36106
Nearby schools
GreatSchools rating
- 6/10E D Nixon Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 2/10Bellingrath Jr High SchoolGrades: 6-8Distance: 0.9 mi
- 1/10Lanier Senior High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Middle: ,
Source: MAAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





