Residential

15379 Highland Circle, Foley

$179,900

Bedroom 3 bedrooms
Bathroom 2 baths

  • MLS #: 389666
  • Property Type: Residential
  • Address: 15379 Highland Circle, Foley, AL 02914-
  • County: Baldwin
  • Subdivision: Magnolia Estate
  • SQFT: 1320
  • Acres: 0.459
  • Year Built: 1984
  • Date Listed: 1/5/2026

Location Location

Agent Comments Agent Comments
Outstanding Investment Opportunity in the Heart of Foley!Rare chance to own a high-income investment property on one lot with multiple rental units. The property includes a 3 bedroom, 2 bath mobile home offering approximately 1,480 sq ft, featuring LVP flooring throughout, a 4-year-old roof, and an HVAC system approximately 10 years old. The home sits on a large, privacy-fenced yard, providing space and separation between units.In addition to the mobile home, the property features two detached cabin rentals located at the rear of the lot. One cabin is a studio apartment currently renting for $1,000 per month. The second cabin is currently rented and will be vacant on 1/1/26, offering flexibility for continued rental income or personal use.With some light rehab, the mobile home could further increase rental value. Combined rental potential for all three units is estimated at $3,500 per month, making this an exceptional cash-flow opportunity that far exceeds the 1% rule.A truly unique property offering strong income potential, flexibility, and long-term value—all in a convenient Foley location. Must see to fully appreciate. Schedule your showing today! Buyer to verify all information during due diligence.

Amenities Amenities
  • Other

Interior Features Interior Features
  • Heat System: Other
  • Floors: Other Floors-See Remarks
  • Fireplaces: 1

Exterior Features Exterior Features
  • Parking: See Remarks
  • Siding: Other-See Remarks, Wood Frame
  • Roof: See Remarks
  • Foundation: Pillar/Post/Pier
  • View: None/Not Applicable
  • Utilities: See Remarks
  • Lot Features: See Remarks

Additional Features Additional Features
  • County: Baldwin
  • Property Type: Modular Home
  • Tax Number: 5508380000003.036
  • Waterfront Features: No Waterfront
  • Stories: 1
  • Year Built: 1984