About This Home

This 0-bedroom, 0-bathroom residential multi family at 29 PIONEER DRIVE in Montevallo, AL is listed for $599,900. Built in 1993, on a N/A lot.

Key Features

  • Built in 1993

Property Details

1993

Amenities

HardwoodA/C
Listing 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.

Monthly Cost Estimate

$3,208/mo

20% down · 6.5% · 30 years

Principal$434
Interest$2,600
Insurance$175

Estimates only. Actual payments may vary.

Location

29 PIONEER DRIVE

Montevallo, AL 35115

Property Details

Flooring

TileHardwood

Construction

Frame

Parking

Assigned

Heating

Heat Pump (Heating)

Cooling

Heat PumpWindow Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 29 PIONEER DRIVE is listed at $599,900. The estimated monthly payment is $3,208 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1993.

This property is listed by Susan Lehman.

SL

Susan Lehman

Agent at Team Lehman LLC

Listed by Team Lehman LLC · Broker phone: 2055424011 · View on Broker Site

MLS# 21466478· Source: Greater Alabama MLS· 31 days on PropertySimple

Copyright © 2026 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

29 PIONEER DRIVE, Montevallo, AL 35115

Open this listing in: