29 Pioneer Drive Montevallo, AL $ 599,900
29 Pioneer Drive
$ 599,900
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29 Pioneer Drive

Montevallo, AL, 35115
$ 599,900
Bedrooms12 Baths6.0

Monthly Estimate*

$ 3,788

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Multi-Family Home for sale in Montevallo, AL

for $599,900 with 12 bedrooms and 6 full baths. This home was built in 1993.

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.

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Multi-Family Active

Price

$ 599,900

Bedrooms

12

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1993

Town/City

Montevallo

County/Region

Shelby

MLS | Web ID

21466478

Features
General
Heating Heat Pump (HEAT) Window Units (HEAT)
Cooling Heat Pump (COOL) Window Units (COOL)
Development Status Existing
Water Public Water
Status Active Active
Year Built 1993
Parking Assigned
Tenant Pays Cable/TV Connect (TENANT) Electric (TENANT) Trash Collection (TENANT)
Subdivision NONE AL
Water Heater Electric (WTRHTR)
County Shelby
Class MULTIFAMILY
Type Other
Miscellaneous None/Other
Sale/Rent For Sale
Status Detail 0
Area Calera Montevallo Wilton
Primary City Montevallo
Virtual Tour https://www.propertypanorama.com/instaview/bham/21466478
High School MONTEVALLO
City MONTEVALLO
Financing Cash Conventional
Elementary School MONTEVALLO
Middle School MONTEVALLO
Legal Description Parcel 36-2-03-1-003-002.003
DOM 5
Postal Code 35115
Price Per Sq Ft Total AG 1
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Exterior
Exterior Frame
Foundation Crawl Space Slab
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Interior
Floors Some Hardwood Tile
Total Number of Units 6
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* Excluded Features
List By
Team Lehman Llc

Broker

susan@team-lehman.com

Email

Affordability Calculator

$3,788
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,788
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
578808 Elementary School
579611 Middle School
Montevallo High School High School
Pricing History
DatePricePrice ChangeDescription
9/30/2026$599,900 Listed Price

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29 Pioneer Drive, Montevallo, AL, 35115 is a Multi-Family Home for sale at $599,900. 29 Pioneer Drive has 12 bedrooms, 6.0 baths, and was built in 1993. The property's zip code is 35115 which is in Montevallo, AL