Foley, AL Apartment Buildings for Sale

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Daphne, AL Magnolia Springs, AL Fairhope, AL

Foley Multifamily Investment Opportunity

$1,349,000

8,468 SF

Foley Multifamily Investment Opportunity

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

Ten remodeled apartment units near Highway 59 in Foley, AL.

Prime location in Foley, AL, just one block off Highway 59, offering excellent visibility and access.
10 apartment units across three parcels, providing immediate rental income potential.
Zoned B‑1 (Local Business District) with legal non‑conforming residential use, allowing continued residential occupancy while offering future commercial redevelopment opportunities.
Property remodeled in 2022 with upgrades including stainless appliances, wood‑look vinyl flooring, fresh paint, butcher block kitchen islands, and in‑unit laundry rooms.
Strong rental potential in a fast‑growing and desirable area.

Updated: Jun 25, 2025

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$679,000

3,743 SF

Historical Six-Plex Near Foley Downtown

531 W Laurel Avenue, Foley, AL 36535

Charming 6-unit building near downtown Foley, fully occupied.

100% Occupancy: Ensures immediate income as a 55+ community.
Prime Location: Walking distance to downtown Foley, schools, and essential services.
Updated Systems: Renovated in 2018 with updated electrical, plumbing, sprinkler, and smoke detector systems.
Six Individual Units: Each unit features 1 bedroom, 1 bathroom, and a kitchen, equipped with mini‑split A/C systems.
Historical Significance: Charming six‑plex built in 1925, well‑maintained with only four owners.

Updated: Sep 13, 2024

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$1,349,000

8,468 SF

Foley Multifamily Investment Opportunity

Ten remodeled apartment units near Highway 59 in Foley, Alabama.

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

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Hospitality, Mixed Use, Multifamily, Senior Living

$679,900

3,743 SF

Hospitality, Mixed Use, Multifamily, Senior Living

Apartment buildings · 3,743 SF

531 W Laurel Ave, Foley, AL 36535

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Based on your search, we've compiled 49 Potential Opportunities for your consideration. Besides 4 Active listings in Foley, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 37 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Multifamily Investment Opportunity

$600,000

0.17 Acres

Renovated Multifamily Investment Opportunity

High-income producing six-unit apartment building with diversified income streams.

1300 Illinois Street, Mobile, AL 36604

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$2,200,000

Pensacola Multifamily Investment Opportunity

16-unit apartment complex in Pensacola, Florida with value-add potential.

13261 Lillian Hwy, Pensacola, FL 32506

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$395,000

3.47 Acres

Waterfront Condo with Gulf Views

Serene coastal retreat with water views, updated amenities, and great location.

10335 Gulf Beach Hwy #302, Pensacola, FL 32507

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Renovated Multifamily Property in Mobile

Contact for pricing

21,120 SF

Renovated Multifamily Property in Mobile

32-unit apartment building with 100% occupancy in Mobile, AL.

2219 Dauphin Island Pkwy, Mobile, AL 36605

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$675,000

143,748 SF

Ocean Springs Highway 90 Land

3.3 acre commercial land on Highway 90, Ocean Springs.

Bienville Blvd, Ocean Springs, MS 39564

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$2,225,000

0.34 Acres

Waterfront Lot in Treasure Island

Waterfront lot zoned for multifamily residential use in Treasure Island.

141 104TH AVENUE, Treasure Island, FL 33706

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$699,900

1.33 Acres

Greenville Development Opportunity: 1.33 Acres

1.33 acre parcel suitable for multi-family development near downtown.

71 Salters Road, Greenville, SC 29607

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$2,500,000

5.94 Acres

Asheville Development Opportunity: 5.94 Acres

5.94-acre parcel zoned RM6, ideal for multi-family development.

215 N Bear Creek Road, Asheville, NC 28806

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Off-Market Properties in Foley, AL

Consider similar Off-Market properties in Foley, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (5+ UNITS)

2,700 SF Lot: 0.36 Acres

Value Estimation by Request

611 Azalea Ave, Foley, AL 36535-3252

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APARTMENT HOUSE (5+ UNITS)

2,705 SF Lot: 0.36 Acres

Value Estimation by Request

605 Azalea Ave, Foley, AL 36535-3250

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APARTMENT HOUSE (5+ UNITS)

21,456 SF Lot: 25.00 Acres

Estimated value

$2,135,000

9167 Hickory S St, Foley, AL 36535-3584

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APARTMENT HOUSE (5+ UNITS)

6,913 SF Lot: 1.45 Acres

Estimated value

$1,065,000

1648 Pne St, Foley, AL 36535-2220

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APARTMENT HOUSE (5+ UNITS)

21,238 SF Lot: 25.00 Acres

Value Estimation by Request

21450 County Rd 12th S, Foley, AL 36535-9606

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APARTMENT HOUSE (5+ UNITS)

4,327 SF Lot: 0.48 Acres

Value Estimation by Request

414 Azalea Ave, Foley, AL 36535-1812

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APARTMENT HOUSE (5+ UNITS)

4,118 SF Lot: 0.57 Acres

Estimated value

$515,000

614 Alston St, Foley, AL 36535-3506

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APARTMENT HOUSE (5+ UNITS)

21,344 SF Lot: 4.52 Acres

Estimated value

$2,715,000

701 Juniper St, Foley, AL 36535-2539

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APARTMENT HOUSE (5+ UNITS)

3,000 SF Lot: 2.52 Acres

Value Estimation by Request

334 Bay St, Foley, AL 36535-2706

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APARTMENT HOUSE (5+ UNITS)

19,392 SF Lot: 8.60 Acres

Estimated value

$9,800,000

300 Lawson Ave, Foley, AL 36535-2414

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APARTMENT HOUSE (5+ UNITS)

8,883 SF Lot: 11.00 Acres

Value Estimation by Request

Unit 1

400 Park Ave, Foley, AL 36535-1106

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APARTMENT HOUSE (5+ UNITS)

30,085 SF Lot: 8.90 Acres

Estimated value

$3,005,000

3151 Blvd De Sevilla, Foley, AL 36535-4634

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APARTMENT HOUSE (5+ UNITS)

3,780 SF Lot: 0.45 Acres

Value Estimation by Request

610 Eastgate Ln, Foley, AL 36535-3341

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APARTMENT HOUSE (5+ UNITS)

4,500 SF Lot: 0.30 Acres

Value Estimation by Request

110 Elm St, Foley, AL 36535-1312

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APARTMENT HOUSE (5+ UNITS)

4,124 SF Lot: 0.43 Acres

Value Estimation by Request

700 Alston St, Foley, AL 36535-3508

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APARTMENT HOUSE (5+ UNITS)

3,354 SF Lot: 0.56 Acres

Value Estimation by Request

601 Azalea Ave, Foley, AL 36535-3218

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APARTMENT HOUSE (5+ UNITS)

4,536 SF Lot: 1.07 Acres

Value Estimation by Request

421 Pedigo Ave, Foley, AL 36535-1975

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APARTMENT HOUSE (5+ UNITS)

10,654 SF Lot: 1.04 Acres

Estimated value

$950,000

405 Laurel Ave, Foley, AL 36535-1959

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APARTMENT HOUSE (5+ UNITS)

11,726 SF Lot: 1.01 Acres

Estimated value

$1,060,000

410 Azalea Ave, Foley, AL 36535-1814

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APARTMENT HOUSE (5+ UNITS)

15,230 SF Lot: 4.10 Acres

Estimated value

$1,685,000

500 Greentree Ln, Foley, AL 36535-4311

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Foley, AL Apartment Buildings Investment Opportunities Market Analysis

Explore 41 apartment buildings for sale in Foley, AL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 24,422 square feet of properties for sale, with an estimated market value of $4,056,900.

Sale prices for two-family homes in Foley, AL start at $679,000, averaging $1,014,225, and reaching up to $1,349,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Property Size Breakdown

The majority of commercial real estate listings in Foley fall within the 100,000+ square foot range.

Demographics Overview

Population 38K

Population Growth (5Y) +27.2%

Median Household Income $67,013

College Educated 17.4%

High-Yield Neighborhoods for Investment

Identify Foley submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
36535	$1M

Taxes & Financing

Tax Rate (average for all types) 3.13%

Property Tax per SF $65.10 per sq ft

Average Loan-to-Value 65.0%

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Foley, AL Apartment Buildings for Sale

Foley Multifamily Investment Opportunity

Ten remodeled apartment units near Highway 59 in Foley, AL.

Historical Six-Plex Near Foley Downtown

Charming 6-unit building near downtown Foley, fully occupied.

Foley Multifamily Investment Opportunity

Hospitality, Mixed Use, Multifamily, Senior Living

Opportunities in Nearby Cities

Renovated Multifamily Investment Opportunity

Pensacola Multifamily Investment Opportunity

Waterfront Condo with Gulf Views

Renovated Multifamily Property in Mobile

Potential Development Sites for Consideration

Ocean Springs Highway 90 Land

Waterfront Lot in Treasure Island

Greenville Development Opportunity: 1.33 Acres

Asheville Development Opportunity: 5.94 Acres

Off-Market Properties in Foley, AL

611 Azalea Ave, Foley, AL 36535-3252

605 Azalea Ave, Foley, AL 36535-3250

9167 Hickory S St, Foley, AL 36535-3584

1648 Pne St, Foley, AL 36535-2220

21450 County Rd 12th S, Foley, AL 36535-9606

414 Azalea Ave, Foley, AL 36535-1812

614 Alston St, Foley, AL 36535-3506

701 Juniper St, Foley, AL 36535-2539

334 Bay St, Foley, AL 36535-2706

300 Lawson Ave, Foley, AL 36535-2414

400 Park Ave, Foley, AL 36535-1106

3151 Blvd De Sevilla, Foley, AL 36535-4634

610 Eastgate Ln, Foley, AL 36535-3341

110 Elm St, Foley, AL 36535-1312

700 Alston St, Foley, AL 36535-3508

601 Azalea Ave, Foley, AL 36535-3218

421 Pedigo Ave, Foley, AL 36535-1975

405 Laurel Ave, Foley, AL 36535-1959

410 Azalea Ave, Foley, AL 36535-1814

500 Greentree Ln, Foley, AL 36535-4311

Foley, AL Apartment Buildings Investment Opportunities Market Analysis

Property Size Breakdown

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

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