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606 ,,, 706 N Alston Street
Foley AL 36535 US

$1,349,000

Active Listing ID 381247
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20 bed
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10.00 Bath (10 Full)
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Other

$1,349,000

Active Listing ID 381247
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606 , , , 706 N Alston Street Rare Investment Opportunity - Prime Location in Foley, AL. Don't miss this exceptional opportunity to acquire 10 apartment units each offering two bedrooms and one bath across three parcels (PPIN #396767, #72683, and #48020) located near each other in one of Foley's fastest-growing and most desirable areas. The property was remodeled in 2022 with upgrades including stainless appliances, wood-look vinyl flooring, fresh paint, butcher block kitchen islands, and in-unit laundry rooms. Strategically located just one block off Highway 59, these parcels offer excellent visibility and access-ideal for both immediate income generation and future commercial development. Zoned B-1 (Local Business District), residential use is no longer permitted under current zoning. However, the existing units are operating under legal non-conforming status, allowing continued residential occupancy. Whether you're looking for rental income or a high-profile redevelopment opportunity, this property provides both flexibility and potential. Highlights: -10 total apartment units - 3 separate parcels: PPIN #396767, #72683, #48020 -Zoned B-1 with legal non-conforming residential use -Property remodeled in 2022 -Excellent exposure just one block from Hwy 59 -Strong rental potential + future redevelopment opportunity** See attached document regarding zoning and rental information from the City of Foley. Buyer to verify all information during due diligence.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 10
  • Cooling System: Central Air, Electric
  • Floor Covering: Vinyl
  • Roof Type: Metal
  • Additional Features
  • Fireplace

School Information

  • School
  • Foley Elementary(Elementary)
  • Foley Middle(MiddleSchool)
  • Foley High(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1349000
  • unparsedaddress: 606 , , , 706 N Alston Street
  • postalcity: Foley
  • stateorprovince: AL
  • country: US
  • postalcode: 36535
  • bathroomsfull: 10
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 8468
  • livingareaunits: Square Feet
  • latitude: 30.41223511
  • longitude: -87.68462045
  • listagentfullname: Bob Shallow
  • listagentemail: bob@bobshallow.com
  • listagentkey: 3yd-BCARAL-13556
  • listagentmlsid: 13556
  • listagentpreferredphone: 2519488888
  • listagentofficephone: 2519488000
  • listofficekey: 3yd-BCARAL-309
  • listofficemlsid: 309
  • disclaimer: Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: BCARAL
  • yearbuilt: 1977
  • listingcontractdate: 2025-06-25
  • listagentfax: 2519800000
  • listagenturl: http://www.bobshallow.com
  • parcelnumber: 54-09-29-1-000-055.001
  • elementaryschool: Foley Elementary
  • highschool: Foley High
  • flooring: Vinyl
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: On Street
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: None
  • architecturalstyle: Other
  • rooms: Bathroom 6, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 15, Bedroom 7, Bedroom 18, Bedroom 11, Bedroom 9, Bedroom 13, Bedroom 14, Bathroom 8, Bedroom 16, Bedroom 12, Bedroom 10, Bathroom 3, Bathroom 10, Bathroom 9, Bathroom 5, Bedroom 8, Bedroom 17, Bathroom 4, Bedroom 19, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 6, Bedroom 20, Bedroom 5, Bathroom 7
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: True
  • location: -87.68462, 30.412235
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Paradise", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"bob@bobshallow.com", "ListBrokerageCity":"Gulf Shores", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"RE/MAX Paradise", "ListBrokeragePhone":"2519488000", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"AL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"PO Box 1144", "ListBrokerageWebsiteUrl":"http://www.alabamaparadise.com", "ListOfficeAddress1":"26754 Canal Rd.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"309", "ListOfficeCity":"Orange Beach", "ListOfficeCountry":"US", "ListOfficeEmail":"remaxparadise@alabamaparadise.com", "ListOfficePostalCode":"36561", "ListOfficeStateOrProvince":"AL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Foley, AL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/706-N-Alston-St_Foley_AL_36535_M99005-19567?f=listhub&s=BCARAL&m=381247&c=rexren", "MLSModificationTimestamp":"2026-06-13 13:23:07", "Neighborhoods":[{"Description":null, "Name":"Magnolia Sprg Lnd"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"LOTS 7-8 BLK 20 MAGNOLIA SPRINGS LAND CO ADDN TO CITY OF FOLEY SUB 150' X 125' LOTS 1-6 BLK 20 MAGNOLIA SPRINGS LAND CO ADDN TO CITY OF FOLEY SUB BLK 20 LOTS 1-8 150' X 125' IRR LOTS 4-6 BLK 58 MAGNOLIA SPRINGS LAND CO ADD N TO FOLEY SEC 29-T7S-R4E RP575 PG643", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/16/2026 6:42:34 PM GMT
Source Updated Date: 6/30/2026 12:50:44 AM GMT

Courtesy of: Bob Shallow, RE/MAX Paradise, bob@bobshallow.com

Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.