This charming six-plex, built in 1925, is a historical gem located just steps from Foley Downtown. With only four owners in nearly a century, this property sits on a little over half an acre. Currently operated as a 55+ community, it's consistently 100% occupied. Walking distance to Foley Elementary and Middle Schools, and downtown with all you need doctor's offices, vet clinic, restaurants, shops - you name it. South Baldwin Regional Medical Center, Police Department, Municipal Court, DMV, Riviera Utilities and more are located within 2 miles radius. The two-story building houses six units, each offering 1 bedroom and 1 bathroom and its own kitchen. Five units are on the main floor, while one occupies the upstairs level. All units come equipped with individual mini-split A/C systems. Coin laundry is available for common use. There's also a full basement, not in use by tenants, offering extra potential. Ample on-site parking is available for tenant convenience. Utilities are included in the tenant's monthly payments. The property underwent a renovation in 2018, with updated electrical, plumbing, sprinkler, and smoke detector systems, ensuring modern functionality in a historic setting. Buyer to verify all information during due diligence.
Active
$679,000
531 W Laurel Ave, Foley, AL 36535
6beds
3,743sqft
Multi Family, Apartment
Built in 1925
-- sqft lot
$-- Zestimate®
$181/sqft
$-- HOA
What's special
Ample on-site parking
- 658 days |
- 203 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Alla Nikitina allanikitina@ryalsrealty.com,
Ryals Realty, Inc
Source: Baldwin Realtors,MLS#: 367907
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Primary bedroom
- Features: Other - See Remarks
Dining room
- Features: See Remarks
Heating
- Other
Cooling
- Other
Appliances
- Included: Electric Range, Cooktop
- Laundry: Common Area
Features
- Ceiling Fan(s)
- Flooring: Tile, Wood, Laminate
- Has basement: No
- Has fireplace: No
- Common walls with other units/homes: Corner Unit,No One Below,Other-See Remarks
Interior area
- Total structure area: 3,743
- Total interior livable area: 3,743 sqft
Property
Parking
- Parking features: Attached, Three or More Vehicles
- Has attached garage: Yes
Features
- Levels: Two,Multi/Split
- Has view: Yes
- View description: None
Lot
- Size: 0.59 Acres
- Dimensions: 140 x 185
Details
- Parcel number: 055409293000005.002
- Zoning description: 2+ Family Residence
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick, Block
- Roof: Metal,Tile
Condition
- Resale
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Riviera Utilities
Community & HOA
Community
- Features: 55 Plus Community, Other
- Security: Smoke Detector(s)
- Senior community: Yes
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Foley
Financial & listing details
- Price per square foot: $181/sqft
- Tax assessed value: $476,700
- Annual tax amount: $2,953
- Price range: $679K - $679K
- Date on market: 9/13/2024
- Ownership: Whole/Full
Estimated market value
Not available
Estimated sales range
Not available
$2,117/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2025 | Price change | $679,000-2.9%$181/sqft |
Source:  Baldwin Realtors #367907 Report a problem | ||
| 5/24/2025 | Price change | $699,000-5.4%$187/sqft |
Source: Baldwin Realtors #367907 Report a problem | ||
| 9/13/2024 | Listed for sale | $739,000+15.6%$197/sqft |
Source: Baldwin Realtors #367907 Report a problem | ||
| 2/12/2024 | Listing removed | -- |
Source: Baldwin Realtors #352182 Report a problem | ||
| 9/25/2023 | Listed for sale | $639,000$171/sqft |
Source: Baldwin Realtors #352182 Report a problem | ||
| 9/22/2023 | Listing removed | -- |
Source: Baldwin Realtors #322869 Report a problem | ||
| 2/21/2023 | Price change | $639,000-1.5%$171/sqft |
Source: Baldwin Realtors #322869 Report a problem | ||
| 10/5/2022 | Price change | $649,000+10.2%$173/sqft |
Source: Baldwin Realtors #322869 Report a problem | ||
| 9/20/2022 | Listed for sale | $589,000$157/sqft |
Source: Baldwin Realtors #322869 Report a problem | ||
| 9/20/2022 | Pending sale | $589,000$157/sqft |
Source: Baldwin Realtors #322869 Report a problem | ||
| 9/19/2022 | Listed for sale | $589,000$157/sqft |
Source: Baldwin Realtors #322869 Report a problem | ||
| 8/25/2022 | Pending sale | $589,000$157/sqft |
Source: Baldwin Realtors #322869 Report a problem | ||
| 8/4/2022 | Price change | $589,000-8%$157/sqft |
Source: Baldwin Realtors #322869 Report a problem | ||
| 2/18/2022 | Price change | $640,000+0.8%$171/sqft |
Source: Baldwin Realtors #322869 Report a problem | ||
| 1/2/2022 | Price change | $635,000-0.8%$170/sqft |
Source: Baldwin Realtors #322869 Report a problem | ||
| 12/14/2021 | Price change | $640,000-1.5%$171/sqft |
Source: Baldwin Realtors #322869 Report a problem | ||
| 11/15/2021 | Listed for sale | $650,000$174/sqft |
Source: Baldwin Realtors #322869 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,146 +6.5% | $95,340 +6.5% |
| 2024 | $2,954 +7% | $89,500 +7% |
| 2023 | $2,759 | $83,620 +1% |
| 2022 | -- | $82,780 +21.1% |
| 2021 | $2,256 +5.6% | $68,360 +5.6% |
| 2020 | $2,136 +39.5% | $64,740 +39.5% |
| 2019 | $1,531 +28.7% | $46,400 +28.7% |
| 2018 | $1,190 | $36,060 |
| 2017 | $1,190 | $36,060 |
| 2016 | $1,190 | $36,060 +5.6% |
| 2015 | $1,190 +5.6% | $34,160 |
| 2014 | $1,127 -26% | $34,160 -26% |
| 2009 | $1,524 -27.9% | $46,180 -27.9% |
| 2008 | $2,114 +20.8% | $64,060 +20.8% |
| 2007 | $1,750 +16.7% | $53,040 +16.7% |
| 2006 | $1,500 +11.3% | $45,460 +11.3% |
| 2005 | $1,348 +7.6% | $40,840 +7.6% |
| 2004 | $1,252 +17.3% | $37,940 +17.3% |
| 2003 | $1,067 +131.7% | $32,340 +78.7% |
| 2002 | $461 -4.8% | $18,100 +11.5% |
| 2001 | $484 | $16,240 |
| 2000 | $484 | $16,240 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 36535
Nearby schools
GreatSchools rating
- 4/10Foley Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 4/10Foley Middle SchoolGrades: 7-8Distance: 0.3 mi
- 7/10Foley High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Foley Elementary
- Middle: Foley Middle
- High: Foley High
Source: Baldwin Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Alabama
- Baldwin County
- Foley
- 36535
- 531 W Laurel Ave
Nearby cities
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