Welcome to your next investment opportunity! This rare Baldwin County multifamily property features eight units, each offering 2 bedrooms and 2 bathrooms—an incredible opportunity to add a substantial income-producing property to your real estate portfolio. With two units currently vacant and easy to show, prospective investors have the opportunity to tour and see the potential firsthand. Whether you are looking to expand an existing portfolio, create long-term passive income, or build generational wealth through real estate, opportunities like this do not come along often in Baldwin County. Eight units. Six currently occupied. Two available to view. One property with tremendous investment potential. Make 2026 the year you invest in your future! Schedule your private showing today. Buyer to verify all information during due diligence.
Welcome to 1901 N Alston St, a beautifully remodeled duplex offering flexibility, convenience, and strong investment potential. Each side has been thoughtfully updated and the property is being offered fully furnished, making it an excellent option for an investor, rental property, or those looking for additional income-producing space. The duplex features refreshed interiors with modern finishes and comfortable living spaces throughout. With no HOA, there is added flexibility for ownership and property use. The two-unit layout provides multiple possibilities for long-term rental, furnished rental, or owner occupancy with additional rental income. Whether adding to an existing portfolio or looking for a turnkey investment, this remodeled duplex offers an appealing combination of updates, furnishings, and versatility.
**7845 Claremont Dr., Foley, AL 36535** Excellent income-producing investment opportunity in Foley! This property features **two separate mobile homes**, each offering **3 bedrooms and 2 bathrooms**, providing a total of six bedrooms and four bathrooms across two residences. Both homes are in good condition and are currently producing rental income. **Home #1 currently rents for $1,800 per month, and Home #2 rents for $1,500 per month**, generating a combined **$3,300 in monthly rental income and $39,600 in annual gross income**. At the asking price of **$319,999.99**, the current rents represent an approximate **12.38% gross annual return before expenses**. This property offers flexibility for investors looking to add established rental income to their portfolio or for an owner-occupant interested in living in one residence while collecting income from the other. With two separate 3-bedroom residences already generating income, the property provides immediate cash flow along with the potential for future rental growth. Conveniently located in **Foley, Alabama**, with access to shopping, schools, employment centers, restaurants, and the Alabama Gulf Coast. Whether you're looking for a straightforward rental investment, a multi-residence property, or an opportunity to offset your housing costs with rental income, **7845 Claremont Dr. offers a compelling combination of income and versatility.** **** Asking Price: **$319,999.99** Current Monthly Rent: **$3,300** Current Annual Gross Rent: **$39,600** Approximate Gross Yield: **12.38%** Two Separate Residences Each Residence: **3 BR / 2 BA** *Investment figures are based on current reported rental income and are provided for informational purposes only. Gross return does not account for property taxes, insurance, maintenance, vacancy, management, financing, or other ownership expenses. Buyer to verify all property information, rental income, leases, and investment figures during due diligence.* Buyer to verify all information during due diligence.
2 +/- Acres with 4 mobile homes located just outside Foley, Alabama city limits and a short drive to the gulf coast beaches. 3 of the homes are currently rented month to month. The 4th needs extensive repairs. Mobile homes range from 1970-2005. Property is in the county and zoned RA- Rural Agriculture . Buyer is responsible for verifying current and future use requirements with county planning and zoning. This property is being sold as is where is no warranties expressed or implied. 3 of the 4 are occupied so at least 24 hours notice is required to view interiors. Buyer to verify all information during due diligence.
Rare Investment Opportunity – Prime Location in Foley, AL. Don’t miss this exceptional opportunity to acquire 10 apartment units each offering two bedrooms and one bath across three parcels (PPIN #396767, #72683, and #48020) located near each other in one of Foley’s fastest-growing and most desirable areas. The property was remodeled in 2022 with upgrades including stainless appliances, wood-look vinyl flooring, fresh paint, butcher block kitchen islands, and in-unit laundry rooms. Strategically located just one block off Highway 59, these parcels offer excellent visibility and access—ideal for both immediate income generation and future commercial development. Zoned B-1 (Local Business District), residential use is no longer permitted under current zoning. However, the existing units are operating under legal non-conforming status, allowing continued residential occupancy. Whether you're looking for rental income or a high-profile redevelopment opportunity, this property provides both flexibility and potential. Highlights: •10 total apartment units • 3 separate parcels: PPIN #396767, #72683, #48020 •Zoned B-1 with legal non-conforming residential use •Property remodeled in 2022 •Excellent exposure just one block from Hwy 59 •Strong rental potential + future redevelopment opportunity** See attached document regarding zoning and rental information from the City of Foley. Buyer to verify all information during due diligence.
Foley is located in Alabama. Foley, Alabama has a population of 20,170. Foley is less family-centric than the surrounding county with 18.33% of the households containing married families with children. The county average for households married with children is 29.71%.
The median household income in Foley, Alabama is $53,817. The median household income for the surrounding county is $64,346 compared to the national median of $69,021. The median age of people living in Foley is 52.9 years.
The average high temperature in July is 90.4 degrees, with an average low temperature in January of 38.3 degrees. The average rainfall is approximately 65.7 inches per year, with 0 inches of snow per year.
