#380938, Lauren Whigham, Listing office: Roberts Brothers Inc. Gulf Coa
Property details
About 15777 Renee Marie Ave
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.
Highlights
Summary
- Full Bathrooms: 3
- Appliances: Dishwasher, Electric Range, Refrigerator
- Basement: No
- Flooring Type: Carpet, Laminate, Other
- Interior: Other
- Fireplace: None
- Total Bedroom Count: 6
- Parking: Unassigned
- Waterfront: None
- View: Other
- Exterior: Private Entrance
- Heating: Central
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $429,000
- Lot: Other
- Year Built: 2004
- Lot Size: 0.745 Acres
- MLS Number: 7600413
- MLS Name: GCMLS2
- Office Name: Roberts Brothers Inc. Gulf Coa
- Listing Agent: Lauren Whigham
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Last updated on: 7/16/2025, 6:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
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Nearby schools
9
Gulf Shores Elementary School
Public District PK-5
4.7 mi
•1600 E 3rd St
5
Swift Elementary School
Public District KG-6
4.7 mi
•6330 Bon Secour Hwy
3
Florence B. Mathis Elementary School
Public District KG-6
9.9 mi
•600 W 9th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $76,739. Typical income of Gulf Shores, AL residents is between $35k-100k annually. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
Living in Gulf Shores, AL
Transportation in Gulf Shores includes a mix of private and public options. The Baldwin Regional Area Transit System (BRATS) provides public bus services catering to residents and tourists, with schedules that accommodate peak beach-going times. Ride-sharing services are available, enhancing mobility for those without personal vehicles. The area is bike-friendly, with several trails and dedicated lanes. Major roadways such as State Highway 59 and the Beach Express facilitate travel and commuting, with ongoing improvements to manage the growing traffic demands.
The community is served by a number of public schools, offering educational opportunities from elementary to high school levels, as well as private institutions that cater to various educational needs. Healthcare services are accessible, with facilities providing urgent care, primary care, and specialized medical services. The local library system supports lifelong learning with a range of programs and resources. Retail and dining options are abundant, with many establishments showcasing local seafood and southern cuisine, reflecting the Gulf Shores culture.
Gulf Shores is celebrated for its laid-back beach town atmosphere and strong sense of community. The area prides itself on its pristine white sandy beaches and outdoor recreational activities, including the annual Shrimp Festival, which draws visitors and locals alike. The community is also known for its commitment to preserving natural habitats, with several wildlife reserves and state parks that offer a tranquil escape from the more developed areas.
Gulf Shores offers a diverse array of housing options, with a significant portion of the market dedicated to single-family homes that exhibit a blend of coastal cottage, Mediterranean, and contemporary architectural styles. Condominiums and townhouses are also prevalent, particularly in areas closer to the beach, catering to those seeking a vacation home or investment property. The housing market is dynamic, with new developments and renovations reflecting the area's growth as a desirable coastal destination.
About 15777 Renee Marie Ave
The listing price of 15777 Renee Marie Ave property is $429,000.
The property 15777 Renee Marie Ave is a house located in Gulf Shores, Alabama, 36542.
Active Listing: 15777 Renee Marie Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 15777 Renee Marie Ave are: Gulf Shores Elementary School (GreatSchools Rating 9/10), Swift Elementary School (GreatSchools Rating 5/10), Florence B. Mathis Elementary School (GreatSchools Rating 3/10), Gulf Shores Middle School (GreatSchools Rating 9/10), Foley Middle School (GreatSchools Rating 3/10), Elberta Middle School (GreatSchools Rating 9/10), Foley High School (GreatSchools Rating 6/10), Elberta High School (GreatSchools Rating 6/10), Fairhope High School (GreatSchools Rating 9/10).
The property at 15777 Renee Marie Ave has 6 bedrooms and 3 bathrooms.
The year of construction for 15777 Renee Marie Ave is 2004.
This home is located at 15777 Renee Marie Ave in Gulf Shores, AL and zip code 36542. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $429,000.
In June 2025 more than 5 listings in Gulf Shores, AL were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 69 were sold below. In June 2025 in Gulf Shores, AL there were 3.9% more homes for sale than in May. While the average time on the market in June 2025 was 1 days, the median list price was $500,830.