606-706 North Alston Street

8,468 Sq. Ft.
$159 / Sq. Ft.
8,468
Sq. Ft.
$159
per Sq. Ft.

Description

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...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.
  1. Listed by Bob Shallow • RE/MAX Paradise
    P: (251)-948-8888 C: (251)-948-8888 bob@bobshallow.com

Property Details for 606-706 North Alston Street

Architectural Style
Single Story
View
None/Not Applicable
LISTING UPDATED: 04/10/2026 11:05 PM

Property Details for 606-706 North Alston Street

StatusActive
MLS #381247
Days on Market377
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Four To Ten Units
Year Built1977
Lot Size-
CountyBaldwin County

Location

Listing Courtesy of RE/MAX Paradise
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Building Information for 606-706 North Alston Street

Stories-Residences-Year Built1977Building Size-Lot Size-

Payment Calculator

$6,722 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,722

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 606-706 North Alston Street

Summary
Location and General Information
  • County Area: Foley2
  • Coordinates: -87.68462045, 30.41223511
  • Directions: From the intersection of Hwy 59 (S Mc Kenzie St) and Perdido Beach Blvd (AL-182), travel north on Hwy 59 approximately 15.5 miles. Turn right onto W Laurel Ave (AL-98). Go 0.3 miles, then turn right onto N Alston Street. Property is located 0.2 miles ahead on the right at 700 Alston Street. 10 total apartments featuring two bedrooms and one bath each. This property includes ppin #'s 72683 and 48020. ** See attached document regarding zoning and rental information from the City of Foley.
  • Latitude: 30.41223511
  • Longitude: -87.68462045
  • Intersecting Street: West Marigold Avenue
  • Subdivision Or Community Or Condo Complex: Magnolia Sprg Lnd
  • Water Property Type: No Waterfront
Taxes and HOA
  • Has Additional Parcels: Yes
  • Association: No
  • Tax Block: multi
  • Tax Legal Description: LOTS 7-8 BLK 20 MAGNOLIA SPRINGS LAND CO ADDN TO CITY OF FOLEY SUB 150' X 125' LOTS 1-6 BLK 20 MAGNOLIA SPRINGS LAND CO ADDN TO CITY OF FOLEY SUB BLK 20 LOTS 1-8 150' X 125' IRR LOTS 4-6 BLK 58 MAGNOLIA SPRINGS LAND CO ADD N TO FOLEY SEC 29-T7S-R4E RP575 PG643
  • Parcel Number: 54-09-29-1-000-055.001
  • Property Tax: 6717
School Information
  • Elementary School: Foley Elementary
  • Middle Or Junior School: Foley Middle
  • High School: Foley High
Parking
  • Parking Features: On Street
Property
Lot Information
  • Lot Size Comments: 150' X 125' + 2 more
  • Living Area: 8468.0
  • Living Area Source: Tax Records
  • Number Of Lots: 3
Property and Assessment
  • Construction Status: Resale
Property and Assessments
  • Sponsor Unit: false
  • Documents Available: Other/See Remarks
  • Year Built: 1977
Building Features
  • Construction Foundation: Slab
Green Features
  • Green Verification: No
Utilities
  • Power Production: false
  • Utilities: Baldwin EMC
Interior and Exterior Features
Exterior Features
  • Exterior Finish: Other See Remarks
  • Property Amenities: Other See Remarks
  • Community Amenities: None, Fencing
  • Roof: Metal
Interior Features
  • Heat Cooling: Central Electric
  • Appliances: Other/See Remarks
  • Property Interior Stories: One
  • Full Bathrooms: 10
  • Bathrooms Total Decimal: 10.00
  • Total Bathrooms: 10
  • Total Bedrooms: 20
  • Fireplace Features: No Fireplace
  • Flooring: Luxury Vinyl Plank
Rental
Rent Information
  • Rentals Allowed: No

Property History for 606-706 North Alston Street

DateEvent & SourcePriceAppreciation
Nov 11, 2025

Price Change

Baldwin REALTORS #381247

$1,349,000
Jun 25, 2025

Listed (Active)

Baldwin REALTORS #381247

$1,650,000
DateEvent & SourcePrice
11/11/2025

Price Change

Baldwin REALTORS #381247

$1,349,000
06/25/2025

Listed (Active)

Baldwin REALTORS #381247

$1,650,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 606-706 North Alston Street

This home is within Baldwin County School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Foley Elementary School
PublicPK to 6

Foley Middle School
Public7 to 8

Foley High School
Public9 to 12

South Baldwin Center For Tech
Public9 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.

Similar Homes

606-706 North Alston Street is a multi-family home for sale in Foley, AL 36535. This property was listed for sale on June 25, 2025 by RE/MAX Paradise, it's currently listed at $1,349,000. This listing's school district is Baldwin County School District. Nearby schools include Foley Elementary School, Foley Middle School and Foley High School. 606-706 North Alston Street is a 20-bed, 10-bath, 8,468 sqft multi-family home built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Paradise

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