54722 Coleman Road
Description
Five-unit multifamily portfolio held across 4 parcels at 3 scattered sites, 100% occupied at the time of listing. Unit mix is (3) 3BR/2BA, (1) 3BR/2.5BA, and (1) 2BR/2BA, totaling 6,068± sf of leased space. Gross scheduled rent is $4,545/month, or $54,540 annually, averaging $909 per unit. Average tenancy approximately 3.8 years; longest tenant in place 7 years Tenants pay power, internet, etc., and maintain their...5-Unit Multifamily Portfolio | Atmore, AL | 100% Occupied | $54,540 Gross Annual Income
Five-unit multifamily portfolio held across 4 parcels at 3 scattered sites, 100% occupied at the time of listing. Unit mix is (3) 3BR/2BA, (1) 3BR/2.5BA, and (1) 2BR/2BA, totaling 6,068± sf of leased space. Gross scheduled rent is $4,545/month, or $54,540 annually, averaging $909 per unit. Average tenancy approximately 3.8 years; longest tenant in place 7 years Tenants pay power, internet, etc., and maintain their own yards Owner-paid water $70/month total; taxes estimated at $1,000/year Central heat and air in all 5 units; roofs and HVAC are approximately 7 years or newer
2 sites inside Atmore city limits, 1 site outside city limits in Perdido. Rent roll by site:
101 SWIFT ST- $995/MONTH. 2 parcels supporting one 80x16 unit, 3BR/2BA, 1,280± sf with a privacy fenced yard. Refrigerator, dishwasher, and stove convey. AC unit is 4 to 5 years old.
60 PERCH ST- $1150/MONTH. 1 parcel with a 48x26 doublewide, 3BR/2.5BA, 1,248± sf, rebuilt after a fire.
3 COLEMAN RD HOMES- $800/MONTH EACH. Located in Perdido with 1 parcel carrying 3 units: two 80x16 at 3BR/2BA, 1,280± sf, and one 70x14 at 2BR/2BA, 980± sf. Atmore sits on the I-65 corridor between Mobile and Pensacola, an hour from the Gulf, anchored by Wind Creek and steady local industry that keeps workforce housing demand consistent. The rent is in place. The tenants have stayed. The work of establishing this one has already been done. Call to request the rent roll and schedule a tour. Buyer to verify all information during due diligence.
- Listed by: Taylor Lee 251.368.1063 taylor@phdrealty.com • PHD Realty, LLC
Location
Payment Calculator
$1,997 per month
30 year fixed, 6.71% Interest
$1,938
$59
$0
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1Property Information for 54722 Coleman Road
- MLS Type: Residential Income / Four To Ten Units
- County: Escambia County
- Architectural Style: Mobile Home
- Zoning Types: Multi Family, Other See Remarks, Within Corp Limits, Outside Corp Limits
- Waterfront Features: No Waterfront
- Has View: No
- Stories: 1
- Year Built: 2007
- Lot Size: 1.59 AC / 69,260 SF
- Coordinates: -87.500802, 31.033889
- Directions: From 1812 S Main St: Go N on Main St > 2mi Turn left on Howard St (CR-1). Keep right at the fork on Jack Springs Rd > 0.3mi Turn left on Swift St. 101 Swift on left. TO 608 PERCH Go W on Swift St. Take next left on Perch St. 608 on left. TO 54722 COLEMAN Go S on Perch St> 0.2mi Turn right on Short St> 0.3mi Turn left on Swift Mill Rd> 1mi Turn right on US-31> 5mi Turn right on James Rd> 0.2mi Turn left on Railroad St> 0.4mi Turn right on Johnson Rd> 2mi Turn right on Coleman Rd houses on right.
- Latitude: 31.033889
- Longitude: -87.500802
- MLS Area Major: Escambia County, AL
- Governing Municipality: Escambia Alabama County
- Intersecting Street: Perch St & Coleman Rd
- Flood Zone: X
- Water Property Type: No Waterfront
- Has Additional Parcels: Yes
- Association Fee Frequency: Monthly
- Association: No
- Tax Legal Description: (4) Parcels: 30 26 04 19 4 002 002.000; 30 26 04 19 4 002 002.001; 30 26 04 19 4 002 013.000; and 30 27 09 30 0 000 004.020
- Parcel Number: 26-04-19-4-002-002.000
- Property Tax: $961.00
- Elementary School: Not Baldwin County
- Middle Or Junior School: Not Baldwin County
- High School: Not Baldwin County High
- Garage Spaces Assigned YN: false
- Parking Features: Other/See Remarks
- Lot Size Comments: Swift 0.32ac; Perch 0.6ac; Coleman 0.67ac
- Lot Size Acres: 1.59
- Living Area: 6068.0
- Living Area Source: Tax Records
- Lot Features: Some Trees, Less Than 1 Acre, Other/See Remarks
- Number Of Lots: 4
- Construction Status: Resale
- Sponsor Unit: false
- Mineral Rights: No Rights
- Year Built: 2007
- Commercial Units: false
- Construction Foundation: Modular
- Original Details: false
- Current Financing: Conventional, Cash
- Energy Saving Features: Ceiling Fans
- Green Verification: No
- Power Production: false
- Utilities: Water City, Sewage City, Sewage Septic
- Exterior Finish: Vinyl
- Property Amenities: Internet, Porch Back, Porch Front, Ceiling Fans, Other See Remarks
- Roof: Metal
- Heat Cooling: Central Electric, Central Electric Cool
- Appliances: Other/See Remarks
- Dining Area: Breakfast Bar, Eat In Kitchen, Dining Kitchen Combo
- Property Interior Stories: One
- Cooling: Electric
- Has Cooling: Yes
- Has Fireplace: No
- Flooring: Vinyl, Carpet, Luxury Vinyl Plank
- Heating: Electric
- Has Heating: Yes
- Interior Features: Internet, Ceiling Fan(s)
- Patio And Porch Features: Rear Porch, Front Porch
- Stories: 1
- Certificate Of Occupancy: false
Property History for 54722 Coleman Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Sep 22, 2026 | Listed (Active) Baldwin REALTORS #410483 | $375,000 | — |
| Apr 24, 2014 | Sold (Public Record) Public Record #1097648584 | $6,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 09/22/2026 | Listed (Active) Baldwin REALTORS #410483 | $375,000 |
| 04/24/2014 | Sold (Public Record) Public Record #1097648584 | $6,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 54722 Coleman Road
Schools near 54722 Coleman Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | 1 to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 12 |
Rating | School | Distance |
|---|---|---|
Rachel Patterson Elementary School Public1 to 5 | ||
Escambia County Middle School Public6 to 8 | ||
Escambia County High School Public9 to 12 | ||
Turtle Point Environmental Science Center PublicPK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of PHD Realty, LLC
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
