23888 US Highway 98 Elberta, AL $ 439,000
23888 US Highway 98
$ 439,000
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23888 US Highway 98

Elberta, AL, 36530
$ 439,000
Bedrooms6 Baths4.0 Sq 2,800

Monthly Estimate*

$ 2,703

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Multi-Family Home for sale in Elberta, AL

for $439,000 with 6 bedrooms and 4 full baths. This 2,800 square foot home was built in 2004 on a lot size of 0.4.

Prime duplex investment opportunity in one of Baldwin County’s most rapidly developing corridors. This well-maintained property offers exceptional rental stability with long-term occupants in place and a strong history of consistent tenancy. The duplex sits on an oversized 0.37± acre parcel just off U.S. Highway 98, providing excellent accessibility, ample parking, and a private setting that is increasingly rare in the Elberta/Foley market. Significant improvements include a metal roof (2020), updated HVAC (2018), and full PEX plumbing replacement (2022), reducing future maintenance exposure and enhancing long-term asset performance. Month-to-month occupancy allows investors the flexibility to transition into new 12-month leases, supported by competitive rental demand in this high-growth area. Operational expenses remain efficient relative to market norms, creating an appealing investment profile with both immediate cash-flow strength and meaningful appreciation potential. A standout opportunity for investors seeking a clean, stable, and versatile multifamily asset in a proven location. Buyer to verify all information during due diligence.

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Multi-Family Active

Price

$ 439,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 1,982

Style

Lot Size

0.4

Year Built

2004

Town/City

Elberta

County/Region

Baldwin

MLS | Web ID

391140

List By
Jonathan Bennett

Listing Agent

Beachball Properties

Broker

jr@jonathanrbennett.realtor

Email

Affordability Calculator

$2,868
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,703
Monthly Property Taxes
$165
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Elberta High School High School High School
Pricing History
DatePricePrice ChangeDescription
2/1/2026$439,000 Listed Price

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23888 US Highway 98, Elberta, AL, 36530 is a Multi-Family Home for sale at $439,000 with 2,800 sqft and a lot size of 0.4. 23888 US Highway 98 has 6 bedrooms, 4.0 baths, and was built in 2004. The property's zip code is 36530 which is in Elberta, AL