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    Coden, AL
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    Coden, AL Multifamily Properties for Sale

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    Mobile, AL Bayou La Batre, AL Irvington, AL Dauphin Island, AL Grand Bay, AL Gulf Shores, AL Fairhope, AL Moss Point, MS
    Duplex with Two Rented Units
    Updated: Oct 9, 2025
    Duplex with Two Rented Units

    14165 River Oaks Drive, Coden, AL 36523

    $234,000
    1,890 sqft 0.49 AC lot
    Duplex built in 2005 with two rental units: Unit A (2BR/1BA) and Unit B (3BR/2BA).
    Both units are currently rented, providing income: Unit A rents for $995/month and Unit B rents for $1,095/month.
    All appliances convey, including electric range and refrigerator for the units.
    Fireplace available and vinyl flooring throughout the home.
    Composition roof and multiple bedrooms/bathrooms per unit: 5 bedrooms and 3 bathrooms listed across the duplex.
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    This listing looks promising.

    Here's a quick look at some key insights for

    14165 River Oaks Drive, Coden, AL 36523

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    • Est. Cap Rate

      6.7%
      Above avg (5.9%)

    • Est. NOI

      $16K
      Annual

    • Price @ 7% Cap

      $223K
      Suggested

    • Property Type

      Duplex
      Built 2005
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Coden, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Duplex with Covered Parking
    Duplex with Covered Parking

    432 Dune Drive, Gulf Shores, AL 36542

    $699,000
    2,618 sqft

    Duplex in The Dunes community with covered parking and updates including exterior paint and upstairs flooring.

    View details
    Duplex with Covered Parking
    Duplex with Covered Parking

    432 Dune Drive, Gulf Shores, AL 36542

    $675,000
    2,618 sqft

    Two 4-bedroom, 4-bath units with covered parking and recent exterior paint and upstairs flooring updates.

    View details
    Waterfront RV Resort Site
    Waterfront RV Resort Site

    11551 Dauphin Island Parkway, Theodore, AL 36582

    $169,000

    Oversized waterfront RV site with added parking and a gazebo, positioned within Paradise Found RV Resort amenities.

    View details
    Income Producing Commercial and Residential
    Income Producing Commercial and Residential

    6170 Highway 90, Theodore, AL 36582

    $295,000

    Commercial building and three mobile homes, all currently rented.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Theodore Land Near Dauphin Island
    Theodore Land Near Dauphin Island

    1st Avenue, Theodore, AL 36582

    Contact for pricing
    0.48 AC lot

    Two lots totaling 0.4772 acres, near Dauphin Island beaches.

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    Theodore Land Near Dauphin Island
    Theodore Land Near Dauphin Island

    Lawrence Steiner Road, Theodore, AL 36582

    Contact for pricing
    0.52 AC lot

    0.5159 acres of versatile land, 15 minutes from Dauphin Island.

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    Undeveloped Lots in Theodore, AL
    Undeveloped Lots in Theodore, AL

    6944 San Marino Drive, Theodore, AL 36582

    Contact for pricing
    0.93 AC lot

    Two level, undeveloped lots in established neighborhood near Dauphin Island.

    View details
    Upscale Motor Coach Resort Lot
    Upscale Motor Coach Resort Lot

    22227 Lot 21 Fairhope Motorcoach Loop, Fairhope, AL 36532

    $144,900
    31.00 AC lot

    Class A motor coach lot with outdoor kitchen and pergola.

    View details

    Coden, AL Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Coden, AL on our real estate platform. These investment opportunities span a total of 1,890 square feet of properties for sale, with an estimated market value of $234,000.

    Sale prices for multifamily properties in Coden, AL start at $234,000, averaging $234,000, and reaching up to $234,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1

    Demographics Overview

    Population 2,650
    Population Growth (5Y) -8.3%
    Median Household Income $57,988
    College Educated 24.7%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Mobile County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Mobile County

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