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15777 Renee Marie Drive, 
Gulf Shores, AL 36542

$429,000


6

Beds


3

Baths


2,574

Sq Ft


Single Family

Active

Listed by

Lauren Whigham

Roberts Brothers Inc. Gulf Coa

251-974-5625

Last updated:

June 23, 2025, 04:36 PM

MLS#

380938

Source:

AL BCAR

About This Home

15777 Renee Marie Drive

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.

Home Facts

Single Family

3 Baths

6 Bedrooms

Built in 2004

Price Summary

429,000

$166 per Sq. Ft.

MLS #:

380938

Last Updated:

June 23, 2025, 04:36 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,574 Sq. Ft.


Structure

Structure

Building Area:

2,574 Sq. Ft.

Year Built:

2004


Lot

Lot Size (Sq. Ft):

32,452


Finances & Disclosures

Finances

Price:

$429,000

Price per Sq. Ft:

$166 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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