15777 Renee Marie Avenue, Gulf Shores, AL 36542
Local realty services provided by:Better Homes and Gardens Real Estate Main Street Properties
15777 Renee Marie Avenue,Gulf Shores, AL 36542
$399,000
- 6 Beds
- 3 Baths
- 2,574 sq. ft.
- Single family
- Active
Listed by: lauren whigham
Office: roberts brothers inc. gulf coa
MLS#:7705779
Source:AL_MAAR
Price summary
- Price:$399,000
- Price per sq. ft.:$155.01
About this home
Prime investment opportunity, triplex in Gulf Shores! This income-producing triplex in Gulf Shores presents an excellent investment opportunity, boasting a spacious lot with three distinct houses. Located conveniently behind dollar general and chevron on Fort Morgan Road, this property offers a solid rental income stream with significant potential for increased revenue. House "A," (built in 2004, renovated 2024): This recently gutted and fully updated home provides approximately 864 square feet of living space, 2 bedrooms and 1 bathroom, and spacious screen porch. HVAC age: 2019. Rents for $1350 per month. This unit uses a septic tank. House "B" (relocated to the property in 1985) offers around 868 square feet of living space with 1 bedroom and a loft being used as a second bedroom, along with 1 bathroom, this home rents for $1,000 per month and is on city sewer. HVAC replaced three years ago. House "C" (built 1985) the original house on the property, this unit features 768 square feet. with 2 bedrooms and 1 bathroom. It currently rents for $1,075 per month and is on city sewer. All 3 houses have access to city water, central heating and air, & separate utility meters. Tenants do wish to stay but are on a month to month lease, offering flexibility to the new owner regarding lease terms and occupancy. With current leases, this triplex grosses $41,100 annually, demonstrating immediate income potential! Buyer to verify all information during due diligence.
Contact an agent
Home facts
- Year built:2004
- Listing ID #:7705779
- Added:47 day(s) ago
- Updated:March 05, 2026 at 03:22 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Laminate
- Dining Description:Open Floorplan
- Kitchen Description:Dishwasher, Refrigerator
- Living area:2,574 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:2004
- Building area:2,574 sq. ft.
- Lot area:0.74 Acres
- Architectural Style:Patio Home
- Foundation Description:Pillar/Post/Pier
- Levels:One and One Half
Schools
- High school:Gulf Shores
- Middle school:Gulf Shores
- Elementary school:Gulf Shores
Utilities
- Water:Available, Public
- Sewer:Available, Public Sewer, Septic Tank
Finances and disclosures
- Price:$399,000
- Price per sq. ft.:$155.01
- Tax amount:$2,601
Features and amenities
- Appliances:Dishwasher, Electric Range, Refrigerator
- Laundry features:Electric Range
- Amenities:Dishwasher, Electric Range, Electricity Available, Refrigerator
New listings near 15777 Renee Marie Avenue
- New
$539,000Active4 beds 4 baths1,800 sq. ft.224 W 6th Avenue #A, Gulf Shores, AL 36542
MLS# 392829Listed by: DOLPHIN COVE REALTY LLC - New
$539,000Active4 beds 3 baths1,800 sq. ft.224 W 6th Avenue #B, Gulf Shores, AL 36542
MLS# 392830Listed by: DOLPHIN COVE REALTY LLC - New
$185,000Active0.82 Acres0 Primrose Lane, Gulf Shores, AL 36542
MLS# 392824Listed by: LPT REALTY, LLC - New
$292,000Active2 beds 2 baths645 sq. ft.930 W Beach Boulevard #126, Gulf Shores, AL 36542
MLS# 392820Listed by: BLUE RIPPLE REALTY INC - New
$549,000Active3 beds 3 baths1,879 sq. ft.100 Peninsula Boulevard #A 402, Gulf Shores, AL 36542
MLS# 392821Listed by: BERKSHIRE HATHAWAY HOMESERVICE - New
$725,000Active4 beds 2 baths1,500 sq. ft.494 E 1st Ave, Gulf Shores, AL 36542
MLS# 678709Listed by: SHARK REALTY - New
$725,000Active4 beds 2 baths1,500 sq. ft.494 E 1st Avenue, Gulf Shores, AL 36542
MLS# 392805Listed by: SHARK REALTY - New
$239,000Active3 beds 3 baths1,230 sq. ft.328 Clubhouse Drive #1-C, Gulf Shores, AL 36542
MLS# 392804Listed by: EXP REALTY,LLC - New
$333,500Active2 beds 2 baths785 sq. ft.400 Plantation Road #4206, Gulf Shores, AL 36542
MLS# 392787Listed by: EXIT REALTY LANDMARK - New
$375,000Active2 beds 2 baths785 sq. ft.375 Plantation Road #5609, Gulf Shores, AL 36542
MLS# 392768Listed by: BELLATOR RE LLC ORANGE BEACH