531 W Laurel Avenue, Foley, AL 36535
- Added:
- Sep 13, 2024
- Days on Market:
- 639
- Last Refresh:
- Jun 13 at 1:06 pm
Property Features for 531 W Laurel Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bedroom 1, Bedroom 6, Bedroom 3, Bathroom 1, Bathroom 5, Bedroom 2, Bathroom 3, Bathroom 6, Bathroom 4, Bathroom 2, Bedroom 5, Bedroom 4
- Appliances
- Cooktop, Range-Electric, Smoke Detector
- Standard status
- Active
- APN
- 05-54-09-29-3-000-005.002
- Size
- 3,743 SF
- Lot size
- 0.59 Acres
Taxes and HOA fees
- Tax Description
- 140' X 185'(S) BEG AT INT OF E R/W OF SCHUMACHER ST & S R/W OF US HWY 98, RUN TH E ALG SD HWY 140', TH S 185'(S), TH W 1 40', TH N 185'(S) TO POB & BEING PT LOT 6 THIELEN & SCHUMACH ER ADDN TO FOLEY CONTAINING .6 ACRES IN THE CITY OF FOLEY SE C 29-T7S-R4E (WD)
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Flooring type
- Laminate, Wood, Tile
- Roof type
- Metal, Tile
- Architectural style
- Other
Listing agent Alla Nikitina License #0001115900 (251) 923-6475
Listing office Ryals Realty, Inc 956 Commerce Loop, AL (251) 747-0097
Listing date Sep 13, 2024
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.
HighLights
- Built in 1925; two‑story six‑plex with 6 units, each with 1 bedroom and 1 bathroom and its own kitchen
- Currently operated as a 55+ community and reported as 100% occupied
- Renovated in 2018 with updated electrical, plumbing, sprinkler, and smoke detector systems
- Each unit has its own mini‑split A/C system; coin laundry available for common use
- Full basement included (not in use by tenants), plus ample on‑site parking
- Utilities reported as included in tenants’ monthly payments
Overview
Located on W Laurel Avenue in Foley, the property is described as being just steps from Foley Downtown. Walking distance to Foley Elementary and Middle Schools is also noted, and several service and government locations are within a 2-mile radius, including South Baldwin Regional Medical Center, Police Department, Municipal Court, and DMV.
The 2018 renovation included updated electrical, plumbing, sprinkler, and smoke detector systems, supporting modern functionality within a historic setting. Ample on-site parking is provided for tenant convenience, and utilities are included in tenants’ monthly payments. The property is reported as consistently 100% occupied; buyers should verify all information during due diligence.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Foley
- County
- Baldwin
- State
- Alabama
- Longitude
- -87.694132
- Latitude
- 30.406219
