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  • Price cut: $10K (7/17)
    $419,000

    15777 Renee Marie Ave E, Gulf Shores, AL 36542

    6beds
    2,574sqft
    : 
    Single Family Residence, Residential
    Built in 2004
    0.75 Acres Lot
    $405,900 Zestimate®
    $163/sqft
    $-- HOA

    What's special

    Fully updated homeSpacious lotSpacious screen porch
    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 $1350 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 $1,075 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.
    48 days
    on Zillow
    |
    399
    |
    23
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 17, 2025 at 07:40am

    Listed by:

    Lauren Whigham 251-767-1182,

    Roberts Brothers Inc. Gulf Coa

    Source: GCMLS,MLS#: 7600413MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 15777 Renee Marie Ave E.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Electric Range, Refrigerator
    • Laundry: Other
    Features
    • Other
    • Flooring: Carpet, Laminate, Other
    • Basement: None
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,574
    • Total interior livable area: 2,574 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Unassigned
    Features
    • Levels: One and One Half
    • Patio & porch: Front Porch
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: Other
    • Waterfront features: None
    Lot
    • Size: 0.75 Acres
    • Dimensions: 150 x 217
    • Features: Other
    Details
    • Additional structures: Shed(s)
    • Parcel number: 6705154001023000
    • Special conditions: Investor Owned

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence, Residential
    Materials
    • Vinyl Siding, Wood Siding
    • Foundation: Pillar/Post/Pier
    • Roof: Composition
    Condition
    • Year built: 2004

    Utilities & green energy

    • Electric: Other
    • Sewer: Public Sewer, Septic Tank
    • Water: Public
    • Utilities for property: Other, Sewer Available, Water Available, Electricity Available
    Green energy
    • Energy efficient items: None

    Community & HOA

    Community
    • Features: None
    • Subdivision: None
    Location
    • Region: Gulf Shores

    Financial & listing details

    • Price per square foot: $163/sqft
    • Tax assessed value: $329,700
    • Annual tax amount: $2,601
    • Date on market: 6/18/2025
    • Electric utility on property: Yes
    • Road surface type: Dirt, Gravel
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