531 W Laurel Ave Foley, AL 36535
Property details
About 531 W Laurel Ave
This charming six-plex, built in 1925, is a historical gem located just steps from Foley Downtown. With only four owners in nearly a century, this property sits on a little over half an acre. Currently operated as a 55+ community, it's consistently 100% occupied. Walking distance to Foley Elementary and Middle Schools, and downtown with all you need doctor's offices, vet clinic, restaurants, shops - you name it. South Baldwin Regional Medical Center, Police Department, Municipal Court, DMV, Riviera Utilities and more are located within 2 miles radius. The two-story building houses six units, each offering 1 bedroom and 1 bathroom and its own kitchen. Five units are on the main floor, while one occupies the upstairs level. All units come equipped with individual mini-split A/C systems. Coin laundry is available for common use. There's also a full basement, not in use by tenants, offering extra potential. Ample on-site parking is available for tenant convenience. Utilities are included in the tenant's monthly payments. The property underwent a renovation in 2018, with updated electrical, plumbing, sprinkler, and smoke detector systems, ensuring modern functionality in a historic setting. Buyer to verify all information during due diligence.
Highlights
Summary
- MLS Number: 367907
- MLS Name: Baldwin County
- Office Name: Ryals Realty Services, Inc
- Office Email: allanikitina@ryalsrealty.com
- Listing Agent: Alla Nikitina
Listing information Copyright © 2025 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2025, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$739,000
531 W Laurel Ave
$8,776
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 05, 2018 | Home Sold | $352,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $83,620 | $2,759 |
| 2022 | $85,880 | $2,834 |
| 2021 | $68,360 | $2,834 |
| 2020 | $64,740 | $2,255 |
| 2019 | $46,400 | $1,531 |
| 2018 | $36,060 | $1,189 |
| 2017 | $36,060 | $1,189 |
History based on county public records data.
Nearby schools
4
Foley Elementary School
Public District KG-6
0.9 mi
•450 N Cedar St
3
Florence B. Mathis Elementary School
Public District KG-6
1.8 mi
•600 W 9th Ave
4
Magnolia Elementary School
Public District KG-6
4.1 mi
•1 Jaguar Loop
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 $55,600. Residents of Foley, AL typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Figure Skating
NASCAR
Extreme Sports
Where do the neighbors shop?
Kmart
Stein Mart
Dollar General
Where do the neighbors go to eat?
Bob Evans
Cracker Barrel
Little Caesars
What do the neighbors drive?
Buick
Ram
Chevrolet
What do the neighbors listen to?
Oldies
Adult Standards
Classic Country
Frequently asked questions
Living in Foley, AL
About 531 W Laurel Ave
This home is located at 531 W Laurel Ave in Foley, AL and zip code 36535. This 3,743 square foot home, which was built in 1925, sits on a 0.59 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $739,000.
While more than 3 listings in Foley, AL in March 2025 were sold above asking price, there were more than 14 listings sold at asking price, and more than 49 were sold below. The number of listings in Foley, AL increased by 15% between February and March 2025. In March 2025 median list price was $325,466 and the average listing age was 35 days.