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603 Cedar Street, 
Foley, AL 36535

$859,000


12

Beds


8

Baths


2,322

Sq Ft


Multi-Family

Active

Listed by

Kimberly Kelly

RE/MAX Of Orange Beach

251-981-2400

Last updated:

September 10, 2025, 03:34 PM

MLS#

384958

Source:

AL BCAR

About This Home

603 Cedar Street

Exceptional 4-unit multifamily investment in the heart of Foley! Located at 451 & 455 W Pedigo Ave and 601 & 603 S Cedar St, this fully renovated property offers reliable cash flow and long-term upside. Recent upgrades include a new fortified roof, new asphalt driveway, new appliances, tankless water heaters, flooring.Currently generating $5,859/month ($70,308 annually) with four units enrolled in the HUD program, providing guaranteed rental income. Tenants pay their own utilities, keeping operating costs low. Situated on a parcel with additional land, there may be room to build a third duplex (2 more units) and expand income potential even further. Buyer to verify all information during due diligence.

Home Facts

Multi-Family

8 Baths

12 Bedrooms

Built in 2005

Price Summary

859,000

$369 per Sq. Ft.

MLS #:

384958

Last Updated:

September 10, 2025, 03:34 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

12

Bathrooms

Total Bathrooms:

8

Full Bathrooms:

8

Interior

Living Area:

2,322 Sq. Ft.


Structure

Structure

Building Area:

2,322 Sq. Ft.

Year Built:

2005


Lot

Lot Size (Sq. Ft):

15,289


Finances & Disclosures

Finances

Price:

$859,000

Price per Sq. Ft:

$369 per Sq. Ft.

Source:AL BCAR
The information being provided by Baldwin County Association of Realtors 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. © 2025 Baldwin County Association of Realtors All rights reserved.

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