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603 Cedar Street Foley, AL $ 859,000
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$ 859,000 Get more info
603 Cedar Street
$ 859,000
Back to search
Share Save

603 Cedar Street

Foley, AL, 36535
$ 859,000
Bedrooms12 Baths8.0 Sq 2,322

Monthly Estimate*

$ 5,359

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Multi-Family Home for sale in Foley, AL

for $859,000 with 12 bedrooms and 8 full baths. This 2,322 square foot home was built in 2005 on a lot size of 0.351.

Exceptional 4-unit multifamily investment in the heart of Foley! Located at 451 & 455 W Pedigo Ave and 601 & 603 S Cedar St, this fully renovated property offers reliable cash flow and long-term upside. Recent upgrades include a new fortified roof, new asphalt driveway, new appliances, tankless water heaters, flooring.Currently generating $5,859/month ($70,308 annually) with four units enrolled in the HUD program, providing guaranteed rental income. Tenants pay their own utilities, keeping operating costs low. Situated on a parcel with additional land, there may be room to build a third duplex (2 more units) and expand income potential even further. Buyer to verify all information during due diligence.

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Multi-Family Active

Price

$ 859,000

Bedrooms

12

Full Bath

8

Property Type

Multi-Family

Taxes

$ 3,573

Style

Lot Size

0.351

Year Built

2005

Town/City

Foley

County/Region

Baldwin

MLS | Web ID

384958
List By
Kimberly Kelly

Listing Agent

Re/Max Of Orange Beach

Broker

KimTatum10@gmail.com

Email

Affordability Calculator

$5,657
Per Month
95%
5%
0%
Monthly Principal & Interest
$5,359
Monthly Property Taxes
$298
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
Foley High High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/10/2025$859,000 Listed Price

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603 Cedar Street, Foley, AL, 36535 is a Multi-Family Home for sale at $859,000 with 2,322 sqft and a lot size of 0.351. 603 Cedar Street has 12 bedrooms, 8.0 baths, and was built in 2005. The property's zip code is 36535 which is in Foley, AL

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