Views
Address
15777 Renee Marie Avenue, Gulf Shores, AL
Price
$ 325,000
Property Attributes
  • MLS#7798603
  • TypeSingle Family
  • Listing Status Active
  • CountyBaldwin
  • CityGulf Shores
  • NeighborhoodMetes & Bounds
  • Zip36542
  • StylePatio Home
  • Year Built2004
  • Taxes$ 2601
  • Price$ 325,000
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2574
  • Lot Size0.745 Acres
Data Source:
Mobile Area Association of REALTORS®® Inc/Gulf Coast MLS
Property Description

Prime investment opportunity, triplex in Gulf Shores! This income-producing triplex in Gulf Shores presents an excellent investment opportunity, boasting a spacious lot with three distinct houses. Located conveniently behind dollar general and chevron on Fort Morgan Road, this property offers a solid rental income stream with significant potential for increased revenue. House "A," (built in 2004, renovated 2024): This recently gutted and fully updated home provides approximately 864 square feet of living space, 2 bedrooms and 1 bathroom, and spacious screen porch. HVAC age: 2019. Rents for $1,200 per month. This unit uses a septic tank. House "B" (relocated to the property in 1985) offers around 868 square feet of living space with 1 bedroom and a loft being used as a second bedroom, along with 1 bathroom, this home rents for $1,000 per month and is on city sewer. HVAC replaced three years ago. House "C" (built 1985) the original house on the property, this unit features 768 square feet. with 2 bedrooms and 1 bathroom. It currently rents for $1,050 per month and is on city sewer. All 3 houses have access to city water, central heating and air, & separate utility meters. Tenants do wish to stay but are on a month to month lease, offering flexibility to the new owner regarding lease terms and occupancy. With current leases, this triplex grosses $41,100 annually, demonstrating immediate income potential! Buyer to verify all information during due diligence.

Elementary School Middle School High School
Gulf Shores Elementary School Gulf Shores Middle School Gulf Shores High School
Price History
7/2/2026 Listed $375,000
7/7/2026 13$325,000

General Features

Sewer Public Sewer,Septic Tank
Heating Central
Cooling Central Air,Ceiling Fan(s)
Utilities Other,Sewer Available,Water Available,Electricity Available
Roof Composition
Appliances Dishwasher,Electric Range,Refrigerator
Patio/Porch Features Front Porch
Architectural Style Patio Home
Pool Features None
Construction Materials Vinyl Siding,Wood Siding
Year Built 2004
Electric Other
View Other
Levels One and One Half
Property Subtype Single Family Residence
Waterfront Features None
Community Features None
County Baldwin - AL
Property Type Residential
Energy Efficient None
Subdivision Name Metes & Bounds
Other Structures Shed(s)
Full Baths 3
Status Active
High School Gulf Shores
City Gulf Shores
Lot Size Units Square Feet
Lot Size Square Feet 32452.2
Spa Features None
Elementary School Gulf Shores
Land Lease Y/N false
Tax Annual Amount 2601
Middle/Junior High School Gulf Shores
Standard Status Active
Occupancy Type Tenant

Interior Features

Interior Amenities Other
Basement None
Flooring Carpet,Laminate,Other
Fireplace Features None
Air Conditioning Y/N true
Heating Y/N true
Window Features Aluminum Frames
Fireplace Y/N false
Laundry Features Other
Total Bedrooms 6
Kitchen Features Other
Total Baths 3
RoomBedroomFeatures Other
Primary Bathroom Features Tub/Shower Combo
Dining Room Features Open Floorplan

Exterior Features

Exterior Amenities Private Entrance
Fencing None
Parking Features Unassigned
Lot Features Other
Water Source Public
Total Parking 2
Lot Size Area 32452.2
Foundation Details Combination,Pillar/Post/Pier,Raised
Spa false
Building Area Total 2574
Lot Dimensions 150x217
Lot Size Acres 0.745
Road Surface Type Dirt,Gravel
Waterfront Y/N false
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 36542

Price
AVG $730K
$330K
Taxes
AVG $4,347
$2,601
Year Built
AVG 2002
2004

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.