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29521015
29521016

23888 US-98, Elberta, AL 36530

Beachball Properties
Listed by Beachball Properties
$439,000
121 days on market
Updated 97 days ago

🏘️ Prime Duplex Investment | Elberta, AL | Baldwin County

Details
Property Type Multifamily
Sub Type Residential-Single Family
Units 2
Cap Rate 10.00%
Class A
Year Built 2004
Sale Condition For sale by owner

Residential-Single Family

Marketing description

🏡 Prime Duplex Investment Opportunity | Elberta, AL

Located in High-Growth Baldwin County

Income-producing duplex now available in one of Baldwin County’s fastest-growing corridors, just off U.S. Highway 98. Positioned between Elberta and Foley, this well-maintained multifamily asset offers stable rental income, long-term tenants, and strategic lease flexibility — ideal for investors seeking immediate cash flow with future upside.

Situated on an oversized 0.37-acre lot, the property provides strong accessibility, ample parking, and a private setting within the high-demand Elberta/Foley rental submarket.


🔧 Major Capital Improvements Completed

Significant upgrades have already been addressed, reducing near-term maintenance risk and enhancing long-term performance:

  • Metal Roof (2020)

  • Updated HVAC System (2018)

  • Full PEX Plumbing Replacement (2022)

These improvements position the property as a low-maintenance, stabilized investment.


💼 Investment Profile

  • Current Status: Month-to-month leases

  • Strategic Flexibility: Reset rents to market rates, implement new 12-month leases, or reposition for stronger returns

  • Operational Efficiency: Expenses remain favorable relative to area averages

  • Balanced Return Potential: Immediate income combined with long-term appreciation prospects

Located in the path of continued residential and commercial expansion across Central and South Baldwin County, this duplex presents a clean and versatile opportunity for:

  • Buy-and-hold investors

  • Portfolio expansion

  • Long-term rental strategies

  • 1031 exchange placement


📞 Request Rental Data or Schedule a Private Tour

Jonathan R. Bennett
Realtor
Beachball Properties
22989 Perdido Beach Blvd | Orange Beach, AL
📱 Call/Text: (251) 424-5682

DM for rental income details, performance data, or to schedule a private or virtual showing.

Investment highlights

📈 Investment Highlights | Elberta, AL Duplex

Income-Producing Duplex in a high-growth Baldwin County corridor
Strong Rental Stability with long-term occupancy history
Month-to-Month Leases allow immediate rent optimization or repositioning
Oversized ±0.37-Acre Lot offering rare privacy and ample parking
Prime Location just off U.S. Highway 98 near Elberta & Foley growth path
Major Capital Improvements Completed
– Metal Roof (2020)
– HVAC Updates (2018)
– Full PEX Plumbing Replacement (2022)
Low Near-Term Maintenance Risk enhances long-term asset performance
Efficient Operating Expenses relative to market norms
Attractive Cash-Flow + Appreciation Upside
Ideal for Buy-and-Hold or Portfolio Expansion strategies

Listing Contacts

Beachball Properties
Listed by Beachball Properties

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Additional Information

Name
Jonathan R. Bennett Orange Beach & Gulf Shores Realtor
License
110875
Brokerage
Beachball Properties
Brokerage Phone
2514245682
Title
Associate Broker
Brokerage Address
22989 Perdido Beach Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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