Prime duplex investment opportunity in one of Baldwin County's fastest-growing corridors. This well-maintained property offers exceptional rental stability with long-term occupants and a strong history of consistent tenancy. The duplex sits on an oversized 0.37± acre parcel just off U.S. Highway 98, providing excellent accessibility, ample parking, and a private setting that is increasingly rare in the Elberta/Foley market. Significant improvements include a metal roof (2020), updated HVAC (2018), and full PEX plumbing replacement (2022), reducing future maintenance exposure and enhancing long-term asset performance. Month-to-month occupancy allows investors flexibility to transition into new 12-month leases, supported by competitive rental demand in this high-growth area. Operational expenses remain efficient relative to market norms, creating an appealing investment profile with both immediate cash-flow strength and meaningful appreciation potential. A standout opportunity for investors seeking a clean, stable, and versatile multifamily asset in a proven location. Buyer to verify all information during due diligence.
Listed By
Agency Name: Beachball Properties
Agency Phone: 251-968-8896
Shown By
Agency Title: Bellator Real Estate
Agency Phone: 251.928.0031
Estimated Payment
$ 2,233.66 per month $2,105.62 Principal & Interest $0.00 Property Tax (data not provided by mls) $128.04 Homeowner's InsuranceSend an email with a link to
23888 Us Highway 98, Elberta, AL 36530.
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23888 Us Highway 98, Elberta, AL 36530.
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23888 Us Highway 98 | MLS# 391140
This single family home located at 23888 Us Highway 98, Elberta, AL 36530 is currently listed for sale with an asking price of $439,000. This property was built in 2004 and has 6 bedrooms and 4 full baths with 2800 sq. ft. Us Highway 98 is located in the Cotton subdivision. Search Cotton real estate on www.gobellator.com today.