5-Unit Multifamily Portfolio | Atmore, AL | 100% Occupied | $54,540 Gross Annual Income
Five-unit multifamily portfolio held across 4 parcels at 3 scattered sites, 100% occupied at the time of listing. Unit mix is (3) 3BR/2BA, (1) 3BR/2.5BA, and (1) 2BR/2BA, totaling 6,068± sf of leased space. Gross scheduled rent is $4,545/month, or $54,540 annually, averaging $909 per unit.
*Average tenancy approximately 3.8 years; longest tenant in place 7 years
*Tenants pay power, internet, etc., and maintain their own yards
*Owner-paid water $70/month total; taxes estimated at $1,000/year
*Central heat and air in all 5 units; roofs and HVAC are approximately 7 years or newer
*2 sites inside Atmore city limits, 1 site outside city limits in Perdido.
Rent roll by site:
101 SWIFT ST- $995/MONTH. 2 parcels supporting one 80x16 unit, 3BR/2BA, 1,280± sf with a privacy fenced yard. Refrigerator, dishwasher, and stove convey. AC unit is 4 to 5 years old.
60 PERCH ST- $1150/MONTH. 1 parcel with a 48x26 doublewide, 3BR/2.5BA, 1,248± sf, rebuilt after a fire.
3 COLEMAN RD HOMES- $800/MONTH EACH. Located in Perdido with 1 parcel carrying 3 units: two 80x16 at 3BR/2BA, 1,280± sf, and one 70x14 at 2BR/2BA, 980± sf.
Atmore sits on the I-65 corridor between Mobile and Pensacola, an hour from the Gulf, anchored by Wind Creek and steady local industry that keeps workforce housing demand consistent.
The rent is in place. The tenants have stayed. The work of establishing this one has already been done. Call to request the rent roll and schedule a tour. Buyer to verify all information during due diligence.
Active
$375,000
54722 Coleman Rd, Perdido, AL 36562
--beds
0baths
6,068sqft
Multi Family
Built in 2007
-- sqft lot
$-- Zestimate®
$62/sqft
$-- HOA
What's special
Privacy fenced yard
- 31 days
- 67
- 0
Zillow last checked:
Listing updated:
Listed by:
Taylor Lee 251-368-1063,
PHD Realty, LLC
Source: Baldwin Realtors,MLS#: 410483
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Other/See Remarks
Features
- Internet, Ceiling Fan(s)
- Flooring: Vinyl, Carpet, Luxury Vinyl Plank
- Has fireplace: No
Interior area
- Total interior livable area: 6,068 sqft
Property
Parking
- Parking features: Other/See Remarks
Features
- Stories: 1
- Patio & porch: Rear Porch, Front Porch
- View description: None
- Waterfront features: No Waterfront
Lot
- Size: 1.59 Acres
- Features: Some Trees, Less Than 1 Acre, Other/See Remarks
Details
- Has additional parcels: Yes
- Parcel number: 2604194002002.000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Mobile
- Property subtype: Multi Family
Materials
- Roof: Metal
Condition
- Year built: 2007
Utilities & green energy
- Utilities for property: Water City, Sewage City, Sewage Septic
Community & HOA
Community
- Features: None
HOA
- Has HOA: No
Location
- Region: Perdido
Financial & listing details
- Price per square foot: $62/sqft
- Tax assessed value: $100,460
- Annual tax amount: $704
- Date on market: 9/22/2026
- Ownership type: Whole Full
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2026 | Listed for sale | $375,000$62/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $704 -6.9% | $20,100 -6.9% |
| 2024 | $756 +112.6% | $21,600 +325.2% |
| 2023 | $356 | $5,080 +13.5% |
| 2022 | $356 +13.4% | $4,475 |
| 2021 | $314 +2.8% | $4,475 +2.6% |
| 2020 | $305 -1.6% | $4,360 -50.8% |
| 2018 | $310 | $8,860 +17.5% |
| 2017 | $310 +43.8% | $7,540 +20.1% |
| 2015 | $216 | $6,280 -2.8% |
| 2014 | -- | $6,460 |
| 2013 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment





