606,,,706 N Alston Street, Foley, AL 36535

Local realty services provided by:Better Homes and Gardens Real Estate Main Street Properties
606,,,706 N Alston Street,Foley, AL 36535
$1,349,000
  • 20 Beds
  • 10 Baths
  • 8,468 sq. ft.
  • Multi-family
  • Active
Listed by: bob shallow
Office: re/max paradise
MLS#:381247
Source:AL_BCAR

Price summary

  • Price:$1,349,000
  • Price per sq. ft.:$159.31

About this home

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

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Home facts

  • Year built:1977
  • Listing ID #:381247
  • Added:210 day(s) ago
  • Updated:January 22, 2026 at 03:32 PM

Rooms and interior

  • Bedrooms:20
  • Total bathrooms:10
  • Full bathrooms:10
  • Living area:8,468 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Roof:Metal
  • Year built:1977
  • Building area:8,468 sq. ft.
  • Lot area:0.43 Acres

Schools

  • High school:Foley High
  • Middle school:Foley Middle
  • Elementary school:Foley Elementary

Finances and disclosures

  • Price:$1,349,000
  • Price per sq. ft.:$159.31
  • Tax amount:$6,717