Raised Duplex with Covered
224 W 6th Avenue Gulf Shores, AL 36542
224 W 6th Avenue, Gulf Shores, AL, 36542
$539,000
For Sale
$539,000
SINGLE_FAMILY - Gulf Shores, AL
Property Size1,800 SF
Lot Size0.24 Acres
Price / SF$299.44
Days on Market135
Property Features for 224 W 6th Avenue
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 4
- 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
- 1,800 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: Mar 5 Checked: Jul 18 at 4:06 pm
MLS# 392829
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 includes two units, each with covered parking beneath. Unit A (east/right side) features 4 bedrooms and 3.5 bathrooms with an open-concept living room and tall ceilings. A staircase leads to a second-level loft and a 4th bedroom with a full bathroom. The home also includes granite countertops, low-maintenance Hardie plank siding, and a metal roof. The property will be subdivided prior to closing.
The duplex is located in Gulf Shores, Alabama and is described as being just minutes from the area’s beaches, shopping, and dining. The property is zoned R-2 for long-term rentals.
Per the provided remarks, no vacation or short-term rentals are allowed. Side #A can be purchased with side #B, and due diligence is required to verify all information. See MLS #392830 for additional details.
The duplex is located in Gulf Shores, Alabama and is described as being just minutes from the area’s beaches, shopping, and dining. The property is zoned R-2 for long-term rentals.
Per the provided remarks, no vacation or short-term rentals are allowed. Side #A can be purchased with side #B, and due diligence is required to verify all information. See MLS #392830 for additional details.
Key Highlights
- Raised beach‑style duplex; Unit A (east side) has 4 bedrooms and 3.5 bathrooms with open‑concept living and tall ceilings
- Staircase leads to a second‑level loft and 4th bedroom with a full bathroom
- Hardie plank siding and metal roof for low‑maintenance exterior; tile flooring
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 | $24.8k | $13.80 |
| − Vacancy | −$1.3k | −$0.72 |
| EGI | $23.5k | $13.08 |
| − OpEx | −$7.1k | −$3.92 |
| NOI | $16.5k | $9.16 |
1,800 SF · lease $13.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$235.5K
$206.1K – $274.7K
NOI $16,484 @ 7.0% cap · market cap 3.06%
Second Best
Apartment 5plus
$209.6K
$183.4K – $244.5K
NOI $14,672 @ 7.0% cap · market cap 2.72%
Theoretical Best
Office A
$432.9K
$378.8K – $505.0K
NOI $30,300 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Raised two-unit duplex with Hardie plank siding, metal roofing, and covered parking beneath each unit.
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 $539,000.
What are key features of this property?
This property features: Raised beach‑style duplex; Unit A (east side) has 4 bedrooms and 3.5 bathrooms with open‑concept living and tall ceilings; Staircase leads to a second‑level loft and 4th bedroom with a full bathroom; Hardie plank siding and metal roof for low‑maintenance exterior; tile flooring
