Lakefront Duplex with Covered
4374 Lindsey Lane Orange Beach, AL 36561
4374 Lindsey Lane, Orange Beach, AL, 36561
$318,500
For Sale
$318,500
SINGLE_FAMILY - Orange Beach, AL
Property Size1,126 SF
Lot Size0.04 Acres
Price / SF$282.86
Days on Market155
Property Features for 4374 Lindsey Lane
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3
- Appliances
- Dishwasher, Dryer, Microwave, Range-Electric, Refrigerator w/Ice Maker, Washer
- Standard status
- Active
- APN
- 65-03-06-0-000-005.274
- Size
- 1,126 SF
- Lot size
- 0.04 Acres
Utilities
- Utilities
- Cable Available
- Water front features
- Lake Front
- Water front
- 1
Building Details
- Year built
- 2002
- Floors in Building
- 1
- Flooring type
- Tile
- Roof type
- Metal
- Architectural style
- Other
Listing Agency
REMAX OF ORANGE BEACH-CANAL BR
(251) 424-1405
4851 Wharf Parkway #D-212, AL
Listed by
Doug Grantham · License #80426
(251) 747-5710
Added: Feb 13 Checked: Jul 18 at 2:06 am
MLS# 391781
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 furnished 3-bedroom, 2-bath duplex includes tile flooring throughout and a spacious kitchen with an eat-in bar. The kitchen offers stainless steel appliances and a subway tile backsplash, with access to a covered lakefront patio. The property is described as a lakefront unit, part of Orange Beach Villas.
Orange Beach Villas provides community amenities including a clubhouse, outdoor pool, gazebo, BBQ grills, walking paths, and plenty of parking. The listing encourages buyers to verify all information during due diligence.
Orange Beach Villas provides community amenities including a clubhouse, outdoor pool, gazebo, BBQ grills, walking paths, and plenty of parking. The listing encourages buyers to verify all information during due diligence.
Key Highlights
- 3‑bedroom, 2‑bath duplex unit in Orange Beach Villas, built in 2002
- Lakefront unit with access to a covered lakefront patio
- Tile flooring throughout
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 | $15.5k | $13.80 |
| − Vacancy | −$808 | −$0.72 |
| EGI | $14.7k | $13.08 |
| − OpEx | −$4.4k | −$3.92 |
| NOI | $10.3k | $9.16 |
1,126 SF · lease $13.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$147.3K
$128.9K – $171.9K
NOI $10,312 @ 7.0% cap · market cap 3.24%
Second Best
Apartment 5plus
$131.1K
$114.7K – $153.0K
NOI $9,178 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$270.8K
$236.9K – $315.9K
NOI $18,955 @ 7.0% cap · market cap 5.95%
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 - Furnished 3-bedroom, 2-bath duplex with tile flooring and a covered lakefront patio within a community featuring pool and clubhouse.
Where is this duplex located?
The property is located at 4374 Lindsey Lane Orange Beach, AL.
What is the asking price?
The asking price for this property is $318,500.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath duplex unit in Orange Beach Villas, built in 2002; Lakefront unit with access to a covered lakefront patio; Tile flooring throughout
