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    Elberta, AL
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    Elberta, AL Multifamily Properties for Sale

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    Foley, AL Perdido Beach, AL Daphne, AL Summerdale, AL Lillian, AL Gulf Shores, AL Orange Beach, AL Robertsdale, AL
    41 properties
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    Occupied Duplex For Sale
    Updated: Feb 1
    Occupied Duplex For Sale

    23888 US Highway 98, Elberta, AL 36530

    $429,000
    2,800 sqft
    Duplex on an approximately 0.37‑acre parcel just off U.S. Highway 98 in the Elberta/Foley area
    Metal roof installed in 2020
    HVAC replaced in 2018
    Full PEX plumbing replacement completed in 2022
    Both units occupied on month‑to‑month leases
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    This listing looks promising.

    Here's a quick look at some key insights for

    23888 US Highway 98, Elberta, AL 36530

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    • Est. Cap Rate

      6%
      Above avg (5.9%)

    • Est. NOI

      $26K
      Annual

    • Price @ 7% Cap

      $366K
      Suggested

    • Property Type

      Duplex
      Built 2004
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    Deeded Waterfront RV Lot
    Updated: May 15
    Deeded Waterfront RV Lot

    28126 Migratory Way lot: 106, Elberta, AL 36530

    $139,900
    Luxury waterfront deeded RV lot in Lake Osprey RV Country Club Resort with a pond feature
    Large lot includes a 16' x 75' parking pad with paver ledge, plus patio furniture and a free‑standing fire pit
    HOA fees cover water, trash pickup, high‑speed internet, cable, sewer, and lawn care
    On‑site clubhouse amenities include a large kitchen, coffee bar, sitting areas, and a conference room
    Resort facilities include a pool and hot tub, tiki bar, outdoor sitting areas, pickleball courts, fitness center, and laundry facilities
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    Deeded Waterfront RV Lot
    Deeded Waterfront RV Lot

    12016 Raptor Court lot: 64, Elberta, AL 36530

    $149,900

    Deeded waterfront RV lot with HOA-provided utilities and access to extensive community amenities.

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    Upgraded RV Resort Lot
    Upgraded RV Resort Lot

    12483 Gateway Drive lot: 179, Elberta, AL 36530

    $187,000
    0.13 AC lot

    Premium RV lot in a gated resort community with a private paver patio and gas fire pit backing to woods.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Luxury Waterfront RV Lot
    Luxury Waterfront RV Lot

    11986 Raptor Ct, Elberta, AL 36530

    $159,900
    112 sqft 0.11 AC lot

    Luxury RV Lake Front Pull in Lot

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    Deeded RV Lot with Patio Setup
    Deeded RV Lot with Patio Setup

    12409 Gateway Drive lot: 170, Elberta, AL 36530

    $104,900
    0.10 AC lot

    Back-in RV lot with extended concrete pad, patio space, outdoor kitchen, and natural gas fire pit.

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    Lakefront RV Resort Lot
    Lakefront RV Resort Lot

    12434 Gateway Drive lot: # 187, Elberta, AL 36567

    $159,000
    0.10 AC lot

    Lakefront lot with an extra-long concrete pad, full RV hookups, and a paver patio for flexible stays or rentals.

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    RV Resort Lot with Full Hookups
    RV Resort Lot with Full Hookups

    12377 Gateway Drive lot: 166, Elberta, AL 36530

    $229,000
    0.10 AC lot

    Deeded RV-ready lot with an extra-long pad, full hookups, and a pavilion built for outdoor entertaining.

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    Elberta Duplex Investment Opportunity
    Elberta Duplex Investment Opportunity

    23888 US Highway 98, Elberta, AL 36530

    $429,000
    2,800 sqft 0.37 AC lot

    Well-maintained duplex with long-term tenants in a high-growth area.

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    Deeded Pull-Through RV Lot
    Deeded Pull-Through RV Lot

    28101 Migratory Way lot: 138, Elberta, AL 36530

    $129,900
    0.09 AC lot

    Deeded pull-through RV site with included 2021 5th wheel and access to clubhouse, pool, and fitness amenities.

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    Waterfront RV Lot with Amenities
    Waterfront RV Lot with Amenities

    11996 Raptor Court, Elberta, AL 36530

    $250,000
    1,200 sqft

    Luxury waterfront RV lot with outdoor kitchen and community amenities.

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    RV Resort Lot with Utility Hookups
    RV Resort Lot with Utility Hookups

    12393 Gateway Drive lot: 168, Elberta, AL 36530

    $125,000
    0.10 AC lot

    RV lot in Lake Osprey RV Resort with full utility hookups and access to shared pool, clubhouse, and private lake.

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    Waterfront RV Resort Lot
    Waterfront RV Resort Lot

    11868 Gateway Drive lot: 73, Elberta, AL 36530

    $134,900
    0.11 AC lot

    Deeded lake-view lot at Lake Osprey RV Resort with HOA-managed amenities and included utilities.

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    Deeded RV Lot in Waterfront Resort
    Deeded RV Lot in Waterfront Resort

    28126 Migratory Way, Elberta, AL

    $139,900

    Large waterfront RV lot with a parking pad and resort amenities, with HOA covering utilities and lawn care.

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    Deeded RV Resort Lot
    Deeded RV Resort Lot

    12151 Gateway Drive lot: 22, Elberta, AL 36530

    $125,000
    0.11 AC lot

    Deeded RV lot in Lake Osprey with an existing patio and landscaping, within an HOA-managed resort community.

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    Lake View RV/Tiny Home Lot
    Lake View RV/Tiny Home Lot

    12477 Gateway Drive lot: 178, Elberta, AL 36530

    $157,000
    0.14 AC lot

    Deeded lake-view lot in Lake Osprey Resort, zoned for RV, tiny home, or park model use.

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    Deeded Waterfront RV Lot
    Deeded Waterfront RV Lot

    12016 Raptor Court, Elberta, AL 36530

    $149,900

    Deeded waterfront RV lot with lake views and HOA covering utilities, internet, and lawncare.

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    Deeded Waterfront RV Lot
    Deeded Waterfront RV Lot

    12118 Gateway Drive lot: 6, Elberta, AL 36530

    $140,000
    0.10 AC lot

    Deeded RV lot with lake access, paver patio, and HOA that covers utilities, cable, internet, and lawn care.

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    RV Resort Backing Protected Woodlands
    RV Resort Backing Protected Woodlands

    11809 Gateway Dr, Elberta, AL 36530

    $149,000

    Deeded, move-in ready RV lot with utilities in place and access to resort-style amenities and community events.

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    Deeded RV Resort Lot
    Deeded RV Resort Lot

    11809 Gateway Drive lot: 85, Elberta, AL 36530

    $149,000
    0.11 AC lot

    Oversized deeded lot in a gated RV resort with utilities in place and an RV hookup ready for use.

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    Waterfront RV Lot Opportunity
    Waterfront RV Lot Opportunity

    11986 Raptor Court, Elberta, AL 36530

    $159,900

    Luxury waterfront RV lot with income potential in Elberta, AL.

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    Lakefront RV Resort Lot with Pad
    Lakefront RV Resort Lot with Pad

    28152 Migratory Way lot: 110, Elberta, AL 36530

    $189,000
    0.11 AC lot

    Improved lakefront lot with concrete pad, full-service electric pedestals, and patio for RV stays or future coach home.

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    Back-In RV Resort Lot
    Back-In RV Resort Lot

    12267 Gateway Drive, Elberta, AL 36530

    $89,900

    Back-in lot at Lake Osprey RV Resort with HOA-included utilities and access to resort amenities.

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    Lakefront RV Resort Lot
    Lakefront RV Resort Lot

    28086 Migratory Way lot: 103, Elberta, AL 36530

    $148,000
    0.11 AC lot

    Lot 103 offers an extra-long RV pad with full hookups and lake views within Lake Osprey RV Resort.

    View details

    Elberta, AL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Elberta, AL, showcased through 41 active listings on our real estate platform. These investment opportunities span a total of 6,912 square feet of properties for sale, with an estimated market value of $1,267,900.

    Sale prices for multifamily properties in Elberta, AL start at $159,900, averaging $316,975, and reaching up to $429,000 — 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

    Mobile home & RV parks 39
    Duplexes 2
    Short term rental properties 1

    Demographics Overview

    Population 6,824
    Population Growth (5Y) -1.7%
    Median Household Income $59,252
    College Educated 24.4%

    High-Yield Neighborhoods for Investment

    Identify Elberta submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Summerdale $89.9K
    Robertsdale $159K
    Elberta $167K

    Taxes & Financing

    Tax Rate (average for all types) 3.09%
    Property Tax per SF $82.85 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Baldwin County

    New Delisted

    Total CRE Inventory on Market (SF)

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    • 36530
    • 36567
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