332 Iris Lane, Montgomery, AL 36105
Ridgecrest · Montgomery County
Key Facts
Description
Investor opportunity in Montgomery! This property at 332 Iris Lane offers excellent potential for renovation or rental income. Situated in an established neighborhood, this home provides a solid foundation and layout ready for updates. Ideal for investors seeking a value-add project, the property is being sold as-is and will require repairs and improvements. With strong rental demand and promising after-repair value in the area, this is a prime chance to add to your portfolio. Bring your vision and take advantage of this investment-friendly opportunity This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
OneStory
Year Built
1950
Living Area
2,313 sq ft
Lot Size
0.18 acres
Lot Dimensions
7800 sq ft
Days on Market
81
MLS® Listing#
582161
Property Features
- Exterior:
- Storage
- Appliances:
- Water Heater
- Flooring:
- Carpet
- Pool:
- None
- Parking:
- Driveway
- Lot Features:
- City Lot
- Construction:
- Brick
- Foundation:
- Slab
- Other Structures:
- Storage
- Sewer:
- Public Sewer
- Water Source:
- Public
Schools
- Elementary:
- Crump Elementary School
- Middle:
- Bellingrath Middle School,
- High:
- Carver Senior High School
HOA & Tax
- HOA:
- None
- Annual Tax:
- $713
- Parcel #:
- 11-07-25-4-017-011.000
Directions
• Continue to Iris Lane and turn right. • Follow Iris Lane to 332 Iris Lane, located on the left
Affordability Calculator
$11,800
Estimated monthly payment
$314/mo
Principal $47,200 · Est. interest $65,848 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Montgomery, AL
- $225,776
- Median Listing Price
- 70
- Median Days on Market
- 1,924
- Median Sq Ft
- $115
- Median Price / Sq Ft
- 913
- Active Listings
- This home’s price is 74% below the area median.
- Its price per sq ft is 78% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Montgomery, AL.
Location
- 332 Iris Lane, Montgomery, AL 36105
Walk Score
Nearby Schools
Davis Elementary School
Elementary · 0.7 mi away
Heaven's Treasures Chrstn Academy
School · 1.2 mi away
Bellingrath Middle School
Secondary · 1.2 mi away
Floyd Community Center
School · 1.4 mi away
Carver High School
Secondary · 1.4 mi away
Carver Elementary and Arts Magnet School
Elementary · 1.7 mi away
St. Jude Educational Institute
School · 1.7 mi away
Montgomery Public Schools
School · 1.8 mi away
Lanier High School
Secondary · 1.8 mi away
Hansel and Gretel Day Care Center
Elementary · 1.9 mi away
Fews Secondary Alt
Secondary · 2.0 mi away
Johnson Elementary School
Elementary · 2.1 mi away
Cloverdale Junior High School
Secondary · 2.2 mi away
First School
School · 2.2 mi away
Nixon Elementary School
Elementary · 2.2 mi away
McIntyre Middle School
Elementary · 2.3 mi away
Montessori Academy
Elementary · 2.4 mi away
Loveless Community Center
School · 2.5 mi away
Southlawn Elementary School
Elementary · 2.5 mi away
Bear Exploration Center
Elementary · 2.6 mi away
Commute Calculator
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Moving Cost Estimate
EXIT Agents in Montgomery
Listing Courtesy: EXIT Realty Legacy Homes - 3343141555
Last Updated: 2025-12-11