Raised Duplex With Two 4BR
224 W 6th Avenue Gulf Shores, AL 36542
224 W 6th Avenue, Gulf Shores, AL, 36542
$989,000
For Sale
$989,000
SINGLE_FAMILY - Gulf Shores, AL
Property Size3,600 SF
Lot Size0.24 Acres
Price / SF$274.72
Days on Market52
Property Features for 224 W 6th Avenue
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 8
- Bathrooms
- 7
- Rooms
- Bedroom 3, Bedroom 6, Bathroom 5, Bathroom 4, Bathroom 6, Bedroom 2, Bedroom 8, Bathroom 7, Bedroom 7, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 5
- Parking features
- Covered, Carport
- Fireplace
- 1
- Appliances
- Range-Electric, Refrigerator w/Ice Maker
- Standard status
- Active
- APN
- 66-04-20-2-000-064.000
- Size
- 3,600 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Description
- 75X132.4 UNIT 1 GULF SHORES BLK G-1 LOT 74 PB3 P57 (WD)
Utilities
- Utilities
- Cable Available
Building Details
- Year built
- 2012
- Floors in Building
- 2
- Flooring type
- Tile
- Roof type
- Metal
- Architectural style
- Other
Listing Agency
Dolphin Cove Realty LLC
(251) 228-0633
3817 Gulf Shores Pkwy, #1, Orange Beach, AL
Listed by
Mitch Holliman · License #75009
(251) 979-8155
Added: May 28 Checked: Jul 18 at 4:06 pm
MLS# 397212
Listing URL
Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This raised beach-style duplex offers two separate residential units. Unit A includes 4 bedrooms and 3.5 bathrooms, and Unit B includes 4 bedrooms and 3 bathrooms. Both units feature open-concept living areas with tall ceilings, and each unit has a staircase leading to a second-level loft area and a 4th bedroom with a full bathroom. The property is finished with granite countertops, low-maintenance Hardie plank siding, and a metal roof. Covered parking is provided beneath each unit, with room that may suit vehicle storage and shaded outdoor use.
The duplex is located at 224 W 6th Avenue in Gulf Shores, AL, and is described as being just minutes from Gulf Shores’ beaches and local shopping and dining. The property is noted as being zoned for long-term rentals only.
The offering includes a lot size of 0.236 acres and a total property size of 3,600 square feet. The home is also described as subdividable, with each side potentially purchasable individually, listed under MLS #392829 and MLS #392830. Buyer to verify all information during due diligence.
The duplex is located at 224 W 6th Avenue in Gulf Shores, AL, and is described as being just minutes from Gulf Shores’ beaches and local shopping and dining. The property is noted as being zoned for long-term rentals only.
The offering includes a lot size of 0.236 acres and a total property size of 3,600 square feet. The home is also described as subdividable, with each side potentially purchasable individually, listed under MLS #392829 and MLS #392830. Buyer to verify all information during due diligence.
Key Highlights
- Raised beach‑style duplex with 3,600 sq ft total and two separate units for rental or multi‑generational use
- Unit A (east side): 4 bedrooms and 3.5 bathrooms with an open‑concept living area and tall ceilings
- Unit B (west side): 4 bedrooms and 3 bathrooms with an open‑concept living area and tall ceilings
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.7k | $13.80 |
| − Vacancy | −$2.6k | −$0.72 |
| EGI | $47.1k | $13.08 |
| − OpEx | −$14.1k | −$3.92 |
| NOI | $33.0k | $9.16 |
3,600 SF · lease $13.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$471.0K
$412.1K – $549.5K
NOI $32,968 @ 7.0% cap · market cap 3.33%
Second Best
Apartment 5plus
$419.2K
$366.8K – $489.1K
NOI $29,344 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$865.7K
$757.5K – $1.01M
NOI $60,601 @ 7.0% cap · market cap 6.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Raised beach-style duplex with two separate units, each offering open-concept living and covered parking.
Where is this duplex located?
The property is located at 224 W 6th Avenue Gulf Shores, AL.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: Raised beach‑style duplex with 3,600 sq ft total and two separate units for rental or multi‑generational use; Unit A (east side): 4 bedrooms and 3.5 bathrooms with an open‑concept living area and tall ceilings; Unit B (west side): 4 bedrooms and 3 bathrooms with an open‑concept living area and tall ceilings
