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214 Cody Ln, Foley
$1,500,000
16 Beds ⋅ 16 Baths ⋅ 411635 MLS
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.

214 Cody Ln, Foley

Listing courtesy of Elite Real Estate Solutions, LLC.

7845 Claremont Unit A & B, Foley
$319,999
6 Beds ⋅ 3 Baths ⋅ 409429 MLS
**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.

7845 Claremont Unit A & B, Foley

Listing courtesy of Goode Realty, LLC.

606 ,,, 706 606,,, 706 N Alston St, Foley
$1,349,000
20 Beds ⋅ 10 Baths ⋅ 381247 MLS
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.

606 ,,, 706 606,,, 706 N Alston St, Foley

Listing courtesy of RE/MAX Paradise.

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