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531 W Laurel Avenue, 
Foley, AL 36535

$679,000


6

Beds


6

Baths


3,743

Sq Ft


Multi-Family

Active

Listed by

Alla Nikitina

Ryals Realty, Inc

251-747-0097

Last updated:

May 30, 2026, 02:20 PM

MLS#

367907

Source:

AL BCAR

About This Home

531 W Laurel Avenue

This charming six-plex, built in 1925, is a historical gem located just steps from Foley Downtown. With only four owners in nearly a century, this property sits on a little over half an acre. Currently operated as a 55+ community, it's consistently 100% occupied. Walking distance to Foley Elementary and Middle Schools, and downtown with all you need doctor's offices, vet clinic, restaurants, shops - you name it. South Baldwin Regional Medical Center, Police Department, Municipal Court, DMV, Riviera Utilities and more are located within 2 miles radius. The two-story building houses six units, each offering 1 bedroom and 1 bathroom and its own kitchen. Five units are on the main floor, while one occupies the upstairs level. All units come equipped with individual mini-split A/C systems. Coin laundry is available for common use. There's also a full basement, not in use by tenants, offering extra potential. Ample on-site parking is available for tenant convenience. Utilities are included in the tenant's monthly payments. The property underwent a renovation in 2018, with updated electrical, plumbing, sprinkler, and smoke detector systems, ensuring modern functionality in a historic setting. Buyer to verify all information during due diligence.

Home Facts

Multi-Family

6 Baths

6 Bedrooms

Built in 1925

Price Summary

679,000

$181 per Sq. Ft.

MLS #:

367907

Last Updated:

May 30, 2026, 02:20 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Interior

Living Area:

3,743 Sq. Ft.


Structure

Structure

Building Area:

3,743 Sq. Ft.

Year Built:

1925


Lot

Lot Size (Sq. Ft):

25,700


Finances & Disclosures

Finances

Price:

$679,000

Price per Sq. Ft:

$181 per Sq. Ft.

Source:AL BCAR
The information being provided by Baldwin County Association Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Baldwin County Association Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.