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2431 & 2433 Hickman St, Montgomery, AL, 36108

2beds
2baths
--sqft
$69,999
--price/sqft
$745/moest. monthly cost
$29,800/yrincome needed

About This Home

High-Yield Duplex Opportunity in Montgomery — Rare Value-Add with Major CapEx Already Completed! Investors, portfolios, and savvy buyers, take note! This solid duplex is the perfect vehicle to maximize your cash flow and build immediate equity. Delivered completely vacant, this property bypasses the headache of inherited under-market leases, giving you a blank canvas to screen and place premium tenants at today's maximum rates from day one! The Winning Strategy: Section 8 Friendly & Ready: One side has a proven track record of Section 8 eligibility, streamlining the approval process with the local housing authority so you can start collecting guaranteed, subsidized rent checks fast. Remodeled & Near the Finish Line: The second unit has been beautifully remodeled and is just a tiny stretch away from being 100% rent-ready—it only needs shower valves installed to finish the job! Massive Capital Expense Savings: Forget about budgeting tens of thousands for major mechanical or structural failures. The roof is only 5 years old, and both units feature brand-new mini-split HVAC systems (just 1 year old) for peak energy efficiency and low utility overhead. Whether you choose to place two premium voucher tenants for maximum yield or finish the minor plumbing to build out a high-performing addition to your portfolio, properties with systemic updates this young do not last long. Sold as-is. Don’t miss your chance to claim this prime wealth-builder—schedule your showing today!

Getting Around

29
WalkingCar-Dependent
27
TransitSome Transit
33
BikeSomewhat Bikeable

Schools

2/10
2/10
Southlawn Middle SchoolGrades 6-83.5 mi
3/10
Carver Senior High SchoolGrades 9-120.8 mi

Construction

Materials

  • Foundation: Slab
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: One Story
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • Living/Dining Room
  • Flooring: Tile,Vinyl

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air,Electric

Property

Details

  • Parcel number: 1106232002061.000

Features

  • Levels: One
  • Stories: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Lightning
Strong Wind
Tornado

FEMA Declared Disasters Across Alabama Counties

Hurricane
Severe Storm
Tornado
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $353$4,236
Home Insurance *$132$1,584
Property Taxes $20$240
Electricity $240$2,881
Total$745$8,940
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$25,542/yr
40% on housing$22,350/yr
45% on housing$19,866/yr

Alabama FAIR Plan Programs

Alabama FAIR Plan

Covered
None
Add-on available
WildfireWildfire
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.5%
10.5%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 13.9%
13.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 36108$32
Montgomery County$105

vs Homes Sold Last Month

Median $/sqft

ZIP 36108$63
Montgomery County$102

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-18Price change$59,999
2026-08-08Price change$64,999
2026-07-30Price change$69,999
2026-06-29Listed for sale$79,999

For Sale by Agent

AgentCliff Glansen
BrokerageFlatFee.com

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