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    Elberta, AL
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    Elberta, AL Residential Income 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
    46 properties
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    Duplex with Month-to-Month Tenants
    Updated: Feb 1
    Duplex with Month-to-Month Tenants

    23888 US Highway 98, Elberta, AL 36530

    $429,000
    2,800 sqft 0.40 AC lot
    Duplex on an approximately 0.37‑acre parcel just off U.S. Highway 98 in the Elberta/Foley area
    Month‑to‑month leases in place with both units currently occupied
    Metal roof installed in 2020
    HVAC replaced in 2018
    Full PEX plumbing replacement completed in 2022
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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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    Renovated Farmhouse Duplex with Garage
    Updated: Jun 29
    Renovated Farmhouse Duplex with Garage

    24663 Chestnut Street, Elberta, AL 36530

    $324,900
    2,114 sqft 0.47 AC lot
    Renovated farmhouse duplex in Elberta, AL with 2 units and over 2,000 sqft of living area
    Unit A offers 967 sqft with Bedroom 1 and a bathroom
    Unit B offers 1,230 sqft and includes Bedroom 2, Bedroom 3, Bedroom 4, plus two bathrooms
    Detached garage provides extra storage/flex space
    Recent updates include new HVAC system (2024), metal roof (2021), and remodels to Unit B (2022) and Unit A (2024)
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    Renovated Duplex Investment
    Renovated Duplex Investment

    24663 Chestnut Street, Elberta, AL 36530

    $324,900
    2,114 sqft 0.47 AC lot

    Renovated farmhouse duplex with two separate units and a detached garage, plus recent roof and HVAC improvements.

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    Lake Osprey RV Resort
    Lake Osprey RV Resort

    12088 Gateway Dr, Elberta, AL 36530

    $525,000
    1,200 sqft 0.13 AC lot

    Waterfront Coach Home

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Occupied Duplex For Sale
    Occupied Duplex For Sale

    23888 US Highway 98, Elberta, AL 36530

    $429,000
    2,800 sqft

    Duplex on an approximately 0.37-acre parcel with ample parking and month-to-month tenant occupancy.

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    Waterfront RV Resort Lot
    Waterfront RV Resort Lot

    12451 Gateway Drive lot: 175, Elberta, AL 36530

    $105,000
    0.12 AC lot

    Deeded waterfront RV lot at Lake Osprey Resort with $320/month HOA covering water, sewer, trash, and lawncare.

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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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    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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    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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    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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    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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    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 at Lake Osprey with an existing patio and landscaping, subject to RV restrictions and HOA dues.

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    Lake Osprey RV Resort
    Lake Osprey RV Resort

    12143 Gateway Dr, Elberta, AL 36530

    $295,000
    432 sqft 0.13 AC lot

    RV lot with Casita

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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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    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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    Lake Osprey RV Resort
    Lake Osprey RV Resort

    11943 Gateway Dr, Elberta, AL 36530

    $485,000
    952 sqft 0.12 AC lot

    Luxury Resort Living

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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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    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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    Deeded RV Resort Lot with Pavilion
    Deeded RV Resort Lot with Pavilion

    12377 Gateway Drive lot: 166, Elberta, AL 36530

    $229,000
    0.10 AC lot

    Deeded lot with full RV hookups and an outdoor pavilion featuring an equipped kitchen and fire pits.

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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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    RV Lot with Full Utility Hookups
    RV Lot with Full Utility Hookups

    12399 Gateway Drive lot: 169, Elberta, AL 36530

    $127,000
    0.10 AC lot

    RV lot within Lake Osprey RV Resort with full utility hookups and access to clubhouse, pool, and lake amenities.

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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 with Outdoor Kitchen
    Deeded Waterfront RV Lot with Outdoor Kitchen

    11996 Raptor Court lot: 66, Elberta, AL 36530

    $250,000
    0.11 AC lot

    Deeded waterfront RV lot in Lake Osprey RV Resort with a covered outdoor kitchen and fire pit.

    View details

    Elberta, AL Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Elberta, AL, showcased through 46 active listings on our real estate platform. These investment opportunities span a total of 16,524 square feet of properties for sale, with an estimated market value of $3,651,700.

    Sale prices for residential income properties in Elberta, AL start at $159,900, averaging $365,170, and reaching up to $525,000 — 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

    Multifamily properties 42
    Mobile home & RV parks 37
    Duplexes 5
    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 $185.3K

    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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    Most Searched ZIP Codes in Elberta, AL

    • 36530
    • 36567
    • 36580

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