Raised Beach-Style Duplex with
For Sale
$539,000
224 W 6th Avenue, Gulf Shores, AL 36542
SINGLE_FAMILY - Gulf Shores, AL
Property Size1,800 SF
Lot Size0.24 Acres
Price / SF$299.44
Days on Market148
Property Features for 224 W 6th Avenue
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 2
Parking features
Carport, Covered
Fireplace
1
Appliances
Range-Electric, Refrigerator w/Ice Maker
Elementary school
Gulf Shores Elementary
Middle school
Gulf Shores Middle
High school
Gulf Shores High
Directions
Heading south on HWY 59, turn right between Scoops and Pappa Rocco's on W. 6th Ave. Home will be located on the right side of the road.
Subdivision
Baldwin County
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)
Legal 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
Listed By:
Mitch Holliman · License #75009
(251) 979-8155
Added: Mar 5
Changed: Jul 31
Last Checked: Jul 31 at 5:06PM
MLS# 392830
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 was built in 2012 and features Hardie plank siding and a metal roof. The configuration includes Unit B on the west (left) side, offering four bedrooms and three bathrooms, plus an open-concept living room with tall ceilings. A staircase leads to a second-level loft and a fourth bedroom with a full bathroom. Interior finishes include tile flooring and granite countertops, and the unit includes a fireplace. Appliances listed include a range (electric) and refrigerator with an ice maker, and cable is available.
Each unit has covered parking beneath it, which can support vehicle storage and shaded outdoor use. The property is zoned R-2 for long-term rentals, and no short-term or vacation rentals are allowed. The home will be subdivided prior to closing. Buyer to verify all information during due diligence.
Lot size is 0.236 acres, and total property size is listed as 1,800 SF.
Each unit has covered parking beneath it, which can support vehicle storage and shaded outdoor use. The property is zoned R-2 for long-term rentals, and no short-term or vacation rentals are allowed. The home will be subdivided prior to closing. Buyer to verify all information during due diligence.
Lot size is 0.236 acres, and total property size is listed as 1,800 SF.
Key Highlights
- Unit B offers four bedrooms, three bathrooms, an open‑concept living room, and a second‑level loft
- Hardie plank siding and a metal roof built in 2012
- Raised beach‑style duplex with covered parking beneath each unit
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
453
Businesses Nearby
Explore this area
Business Placement
Demographics for 36542, AL
16,993
Population
18,551
Households
0.9
Avg Household Size
51
Median Age
38%
College-Educated
95%
High-School Grad
52.0 sq mi
ZIP Area
327
Density / Sq Mi
$74,861
Median Household Income
$35,580
Median Earnings
$1,365
Median Rent
$366,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Raised beach-style duplex on a 0.236-acre lot, zoned R-2 for long-term rentals, with metal roof 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 $539,000.
What are key features of this property?
This property features: Unit B offers four bedrooms, three bathrooms, an open‑concept living room, and a second‑level loft; Hardie plank siding and a metal roof built in 2012; Raised beach‑style duplex with covered parking beneath each unit
