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Multi-Family

23888 US Highway 98, Elberta

$439,000

Bedroom 6 bedrooms
Bathroom 4 baths

  • MLS #: 391143
  • Property Type: Multi-Family
  • Address: 23888 US Highway 98, Elberta, AL 36561-
  • County: Baldwin
  • Subdivision: Cotton
  • SQFT: 2800
  • Acres: 0.443
  • Year Built: 2004
  • Date Listed: 2/1/2026

Location Location

Agent Comments Agent Comments
Prime duplex investment opportunity in one of Baldwin County’s fastest-growing corridors. This well-maintained property offers strong rental stability with long-term occupants and a consistent tenancy history. Situated on an oversized 0.37± acre parcel just off U.S. Highway 98, the property provides excellent accessibility, ample parking, and a private setting within the Elberta/Foley market. Recent improvements include a metal roof (2020), updated HVAC (2018), and full PEX plumbing replacement (2022), helping reduce future maintenance and support long-term performance. Month-to-month occupancy provides flexibility for investors to transition into new leases, with strong rental demand in the area. Operating expenses remain efficient relative to market standards, offering both immediate income potential and long-term appreciation. Buyer to verify all information during due diligence.

Amenities Amenities
  • Dishwasher
  • Electric Range

Interior Features Interior Features
  • Heat System: Electric
  • Floors: Tile
  • Fireplaces: 0
  • Interior: Ceiling Fan(s), Internet

Exterior Features Exterior Features
  • Parking: Three or More Vehicles
  • Siding: Vinyl Siding
  • Roof: Metal

Additional Features Additional Features
  • County: Baldwin
  • Property Type: Duplex
  • Tax Number: 5407250000002.027
  • Waterfront Features: No Waterfront
  • Year Built: 2004