Don't miss this opportunity to own an Income producing Investment property. This property has an unheard of 14% cap rate and won't last long. Each unit has 2 bedrooms and have been updated. They each have a dining room and kitchen with a breakfast area on the first level. On the second level there are two bedrooms, a bathroom, and a third room that is large enough to be used as a bedroom. This room does not have a closet so may be used as a bonus room. There are hardwood floors throughout except in the bath and kitchen which have hard tile. Security system with cameras have been installed. Screened porches and Lots of parking room in the back.
Multi-familyProperty Type
1940Year Built
0.32 acresLot Size
$61Est. Price/Sq.Ft.
1 spaceParking
Listed by Brandi Smith• Wallace & Moody Realty
Bought with Kia Scott• The Goodson Group
Source:MAAR #405045
Redfin Estimate
$171,447
$35K since sold in April 2026$7,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 13.3% lower than the average sale price ($198K) of 6 comparable homes.
Don't miss this opportunity to own an Income producing Investment property. This property has an unheard of 14% cap rate and won't last long. Each unit has 2 bedrooms and have been updated. They each have a dining room and kitchen with a breakfast area on the first level. On the second level there are two bedrooms, a bathroom, and a third room that is large enough to be used as a bedroom. This room does not have a closet so may be used as a bonus room. There are hardwood floors throughout except in the bath and kitchen which have hard tile. Security system with cameras have been installed. Screened porches and Lots of parking room in the back.
MAAR #311371
Oct 28, 2015
Sold
$49,000
$18/sq ft
Aug 5, 2014
Listed
$60,000
$21/sq ft
MAAR #285256
Jun 22, 2011
Listed
$79,000
$28/sq ft
MAAR #255193
Jun 12, 2008
Listed
$114,000
$41/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,211 (+0.2%)
2024
$1,208 (+11.5%)
2023
$1,083 (+52.9%)
2022
$709 (+18.4%)
2021
$599
2020
$599
2019
$599
2018
$599 (+26.2%)
2017
$475 (−3.0%)
2016
$489
Tax history for 3218 Norman Bridge Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,211 (+0.2%)
2024
$1,208 (+11.5%)
2023
$1,083 (+52.9%)
2022
$709 (+18.4%)
2021
$599
2020
$599
2019
$599
2018
$599 (+26.2%)
2017
$475 (−3.0%)
2016
$489
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Bathroom Information
# of Bathroom Fixtures: 2
Heating & Cooling
Heating Type: Gravity
Fireplace Information
# of Fireplaces: 1
Fireplace Type: 1 Opening
Has Fireplace
Room Information
# of Rooms: 12
Exterior
Exterior Information
Physical Condition: Poor
Foundation Type: Continuous Wall
Building Construction Quality: Fair
Exterior Wall: Brick/Wood
Roof Shape Type: Gable/Hip
Building Type: Duplex
Property Information
Subdivision Name: SOUTHMONT
Living Sq. Ft: 2,800
Adjusted Gross Sq. Ft: 3,230
Ground Floor Sq. Ft: 1,495
Building Sq. Ft: 2,800
# of Stories: 2
Stories Type: 2
Legal Description: THE NORTH 5FT OF LOT 3, BLOCK 3
Lot Information
# of Buildings: 1
Land Sq. Ft: 14,140
Legal Lot Number: 2
Legal Block Number: 3
Municipality Name: CITY
Acres: 0.32
Depth Footage: 177
Front Footage: 80
Zoning Code: R-75-S
County Use Description: DUPLEX
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 2,800
Stories: 2.0
Lot Size: 0.32 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1940
Year Renovated: 1940
County: Montgomery County
APN: 10 04 19 3 013 018.000
Home facts updated by county records on Jul 15, 2026
Around this home
Schools
E D Nixon Elementary School
Charter PreK-5 • Assigned • 1.3mi
4/10
Bellingrath Junior High School
Charter 6-8 • Assigned • 0.6mi
1/10
Lanier Senior High School
Public 10-12 • Assigned • 0.8mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 108° expected this year, 20 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Montgomery, AL • 36105
Average low and high temperatures (°F)
56
35
67
44
75
50
81
57
83
63
88
70
92
74
87
71
88
65
80
56
72
49
62
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.7 hours in
June and 4.9 hours in December, which is comparable to the
U.S. average for solar exposure.
8.7 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$163,000 – $198,000
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