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Five-Unit Apartment Portfolio
New
For Sale
$375,000

54722 Coleman Road, Perdido, AL 36562

Residential Income, Perdido, AL

Property Size6,068 SF
Lot Size1.59 Acres
Price / SF$61.80
Days on Market2

Property Features for 54722 Coleman Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MultiFamily,OtherSeeRemar
Patio and Porch features Porch
Interior features Internet, Ceiling Fan(s)
Lot features Some Trees, Less Than 1 Acre
Elementary school Not Baldwin County
Middle school Not Baldwin County
High school Not Baldwin County High
Directions From 1812 S Main St: Go N on Main St > 2mi Turn left on Howard St (CR-1). Keep right at the fork on Jack Springs Rd > 0.3mi Turn left on Swift St. 101 Swift on left. TO 608 PERCH Go W on Swift St. Take next left on Perch St. 608 on left. TO 54722 COLEMAN Go S on Perch St> 0.2mi Turn right on Short St> 0.3mi Turn left on Swift Mill Rd> 1mi Turn right on US-31> 5mi Turn right on James Rd> 0.2mi Turn left on Railroad St> 0.4mi Turn right on Johnson Rd> 2mi Turn right on Coleman Rd houses on right.
Subdivision Escambia County, AL
Standard status Active
APN 26-04-19-4-002-002.000
Size 6,068 SF
Lot size 1.59 Acres

Taxes and HOA fees

Tax Description (4) Parcels: 30 26 04 19 4 002 002.000; 30 26 04 19 4 002 002.001; 30 26 04 19 4 002 013.000; and 30 27 09 30 0 000 004.020
Legal Description (4) Parcels: 30 26 04 19 4 002 002.000; 30 26 04 19 4 002 002.001; 30 26 04 19 4 002 013.000; and 30 27 09 30 0 000 004.020

Utilities

Heating system Electric (Heating)
Cooling system Electric

Building Details

Year built 2007
Floors in Building 1
Flooring type Vinyl, Carpet
Roof type Metal
Architectural style Other
Listing Agency: PHD Realty, LLC
Listed By: Taylor Lee · License #100890-1
Added: Sep 22 Last Checked: Sep 23 at 7:06AM
MLS# 410483

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 five-unit multifamily portfolio includes 6,068+/- square feet of leased space distributed across four parcels and three scattered sites. The unit mix comprises three 3BR/2BA residences, one 3BR/2.5BA residence, and one 2BR/2BA residence. All units were occupied at the time of listing and include central heat and air. Tenants pay their own power and internet and maintain their yards, while the owner pays for water.

The properties sit across Atmore and Perdido, Alabama, with two sites inside Atmore city limits and one outside the city limits in Perdido. Improvements include a privacy-fenced yard, porches, vinyl and carpet flooring, electric heating and cooling, and metal roofing. The portfolio occupies 1.59 acres and includes a residence rebuilt after a fire. Roofs and HVAC systems are approximately 7 years old or newer, and the earliest improvement dates to 2007.

Key Highlights

  • Five‑unit portfolio totaling 6,068+/- sf of leased space
  • 100% occupied at the time of listing
  • Unit mix includes three 3BR/2BA, one 3BR/2.5BA, and one 2BR/2BA

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

208
Businesses Nearby

Demographics for 36562, AL

1,863
Population
635
Households
2.9
Avg Household Size
38
Median Age
5%
College-Educated
80%
High-School Grad
49.5 sq mi
ZIP Area
38
Density / Sq Mi
$50,000
Median Household Income
$38,400
Median Earnings
$143,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Occupied multifamily holdings with varied unit layouts, central HVAC, and residential improvements across multiple parcels.
Where is this apartment building located?
The property is located at 54722 Coleman Road Perdido, AL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Five‑unit portfolio totaling 6,068+/- sf of leased space; 100% occupied at the time of listing; Unit mix includes three 3BR/2BA, one 3BR/2.5BA, and one 2BR/2BA
More about this property
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