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Listed price in listed location currency (USD).
$859,000

1280

MLS® 384958

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2322 sqft
Garage No
Taxes $3,573
Days Active 110
Lot Size 0.351 acres
Approx. Age 2005
Avg. Price Per Sqft $369
MLS® Number 384958

Property Address: 603 N Cedar St, Foley, AL, 36535-1462

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional 4-unit multifamily investment in the heart of Foley! Located at 451 & 455 W Pedigo Ave and 601 & 603 S Cedar St, this fully renovated property offers reliable cash flow and long-term upside. Recent upgrades include a new fortified roof, new asphalt driveway, new appliances, tankless water heaters, flooring.Currently generating $5, 859/month ($70, 308 annually) with four units enrolled in the HUD program, providing guaranteed rental income. Tenants pay their own utilities, keeping operating costs low. Situated on a parcel with additional land, there may be room to build a third duplex (2 more units) and expand income potential even further. Buyer to verify all information during due diligence.
MLS® Number384958
Laundry Level
Central VacNo
FireplaceNo
Acreage0.351
Exterior
GarageNo
Approx. Age2005
Basement
DrivewayNone
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Master Bedroom:Not available

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 10, 2025List Date
$859,000List Price
  • Commute

Commute

Starting Address
Destination Address
603 N Cedar St, Foley, AL

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