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12-Unit Apartment Building
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1645 N Pine St, Foley, AL 36535

Updated flooring, fresh paint, onsite laundry, and full occupancy define the current operation.

Property Size6,762 SF
Lot Size1.50 Acres
Days on Market143

Property Features for 1645 N Pine St

General Information

Standard status Active
Size 6,762 SF
Lot size 1.50 Acres
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 12 x 1BR/1BA
Multifamily Units 12

Additional Details

Highway Access Yes

Amenities

on-site laundry
Listing Agency: Herrington Realty
Listed By: Colby Herrington, CCIM · License #AL 000100848-0
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 8:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Herrington Realty

Investment Insights

Based on property information with market context.

This Foley multifamily property contains 12 one-bedroom, one-bath apartments within approximately 6,762 SF. Recent capital improvements include a new roof, updated flooring, and fresh paint. Onsite laundry provides an additional income source, and the property is currently 100% occupied.

The approximately 1.5-acre property sits in Foley near Hwy 59 and directly behind South Baldwin Hospital, providing a central Baldwin County setting. The apartment configuration, completed exterior work, and existing laundry amenity create a straightforward operating profile for a multifamily owner.

Key Highlights

  • 12 apartments, each with 1 bedroom and 1 bath
  • Approximately 6,762 SF apartment complex
  • New roof, updated flooring, and fresh paint

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Auto Repair Shop Parking Lot & Garage Bakery Daycare Center Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

720
Businesses Nearby

Demographics for 36535, AL

35,484
Population
18,755
Households
1.9
Avg Household Size
46
Median Age
26%
College-Educated
90%
High-School Grad
92.5 sq mi
ZIP Area
384
Density / Sq Mi
$67,013
Median Household Income
$41,574
Median Earnings
$1,168
Median Rent
$250,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated flooring, fresh paint, onsite laundry, and full occupancy define the current operation.
Where is this apartment building located?
The property is located at 1645 N Pine St Foley, AL.
What are key features of this property?
This property features: 12 apartments, each with 1 bedroom and 1 bath; Approximately 6,762 SF apartment complex; New roof, updated flooring, and fresh paint
(251) 510-2277 Call to check price and availability
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