$479,900

9330 Pinewood Avenue Units 1,2,3,4, Elberta, AL 36530

  • 8 beds |
  • 4 baths |
  • 3,300 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1968
  • Property Lot Size Icon0.29acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $145/sqft
  • Property List Date Icon Listed 29 days ago

Property Description

Calling all investors! Fourplex apartment building located in Elberta offering immediate rental income with value-add potential. Property consist of two upstairs units and two downstairs units, each featuring two bedrooms and one bathroom, approximately 825 square feet. Current rents total approximately $5,400 per month, with rent including power, water, sewer, trash, and pest control. Shared laundry facilities on-site. The exterior received updates following Hurricane Sally, including new siding, a metal roof, updated porches, staircases, and newer grinder pumps. Convenient and quiet location, and just minutes to town, shopping, dining, and approximately 10 miles from the Gulf Coast beaches. Property is being sold as-is. Seller is a licensed Alabama real estate agent. The listing agent is related to the seller. Buyer to verify all information during due diligence.

Listing Status:
Active
Data Last Updated:
March 5, 2026 at 4:45AM
Listing Office:
eXp Realty, LLC Gulf Shores Br : 251-424-1238
Listing Agent:
Rick Carruth : 251-752-7663
MLS ID:
391280
  • Master Bedroom: Main
  • Master Bath: Tub/Shower Combo
  • Appliances: MicrowaveElectric RangeRefrigeratorCooktop
  • Dining: Breakfast Area-Kitchen
  • Laundry: Common Area
  • Flooring: Luxury Vinyl Plank
  • A/C: Window Unit(s)
  • Heating: None
  • Fireplace: Fireplaces: 0
  • Eco/Green Feature: None
  • Parking: Three or More Vehicles
  • Roofing: Composition
  • General: Wood SidingWood FrameOneSlab
  • HOA Amenities: 0.0
  • Golf: None
  • Originating MLS: Baldwin County
  • County: Baldwin
  • Zoning: 88.7' X 140' PINEWOOD SHORES SUB PETERSON PT BLK 5 LOT 23-2435671
  • View: Northern ViewSouthern ViewEastern ViewWestern ViewView
  • Utilities: Riviera UtilitiesBaldwin EMC
  • Source: Baldwin County
  • Ownership: Whole/Full

This listing courtesy of Rick Carruth , eXp Realty, LLC Gulf Shores Br

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Elberta Elementary School

25820 US Highway 98, Elberta, AL, 36530

Grades KG-6

3.75 miles away

E

Elberta Middle School

13355A Main St, Elberta, AL, 36530

Grades 7-8

4.10 miles away

E

Elberta High School

13355 Main St, Elberta, AL, 36530

Grades 9-12

4.10 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.