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
- Full Bathrooms: 6
- Appliances: Electric Range, Cooktop
- Flooring Type: Tile, Wood, Laminate
- Interior: Ceiling Fan(s)
- Total Bedroom Count: 6
- Parking: Attached, Three or More Vehicles
- Heating: Other
- Cooling: Other, Ceiling Fan(s)
- List Price: $699,000
- Price/SqFt: $186
- HOA Amount: $0
- Annual Tax Amount: $2,759
- Tax Year: 2023
- Directions: When headed Hwy 59 South, on the intersection of US Hwy 98 and 59 - take East towards West Laurel Ave. Property will be located on left hand side right before the St Margaret of Scotland Catholic Parish.
- Year Built: 1925
- Living Area: 3,743 SqFt
- Lot Size: 0.59 Acres
- 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: 6/7/2025, 1:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$699,000
531 W Laurel Ave
$8,301
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. Most Foley, AL residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area 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
Foley's transportation infrastructure supports both private and public transit options. The city's layout is conducive to driving, with a network of roads connecting residents to nearby cities and attractions. Public transportation is available, with bus services operating on a set schedule, facilitating access to key areas within the city. Ride-sharing services are also active in Foley, providing additional transportation options. While the city is primarily car-dependent, there are areas with sidewalks and bike lanes that encourage walking and biking for short trips.
The community is served by a number of educational institutions, including several public schools that cater to different age groups and a handful of private schools, some with religious affiliations, providing a range of educational options. Healthcare services are accessible, with facilities offering primary care, urgent care, and specialized medical services. Foley's retail and dining scenes reflect the local culture, with an array of shops and restaurants that cater to both residents and visitors. The city has taken steps to improve services, particularly in response to its growing population and evolving demographic needs.
Foley is celebrated for its small-town charm and community-oriented atmosphere. The city prides itself on its local events, such as the annual Foley BBQ & Blues Cook-Off, which showcases the area's rich culinary traditions and vibrant community spirit. The city's parks and recreational facilities contribute to its family-friendly character, offering residents a peaceful and engaging environment.
Foley's housing market offers a blend of residential options, with single-family homes being a significant portion of the landscape. Architectural styles vary, with a mix of traditional Southern designs, contemporary builds, and charming craftsman homes. The area has seen a steady growth in housing developments, particularly in the last few decades, reflecting a trend towards suburban expansion. The homeownership rate in Foley is robust, with a majority of residents owning their homes, while a smaller yet substantial segment of the population opts for rental opportunities.
About 531 W Laurel Ave
The listing price of 531 W Laurel Ave property is $699,000.
The property 531 W Laurel Ave is a multi located in Foley, Alabama, 36535.
Active Listing: 531 W Laurel Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 531 W Laurel Ave are: Foley Elementary School (GreatSchools Rating 4/10), Florence B. Mathis Elementary School (GreatSchools Rating 3/10), Magnolia Elementary School (GreatSchools Rating 4/10), Foley Middle School (GreatSchools Rating 3/10), Elberta Middle School (GreatSchools Rating 9/10), Summerdale Elementary School (GreatSchools Rating 4/10), Foley High School (GreatSchools Rating 6/10), Elberta High School (GreatSchools Rating 6/10), Robertsdale High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $2,759 (source: MLS/based on county public records data).
The last sale was on February 5, 2018 for $352,900 (source: MLS/tax record).
The property 531 W Laurel Ave is 3,743 SqFt (source: MLS/tax record).
The year of construction for 531 W Laurel Ave is 1925.
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 $699,000.
Foley, AL housing market in May 2025 saw over 6 listings sold above listed price, more than 25 sold at listed price and over 41 sold below. The number of listings in Foley, AL decreased by 3.3% between April and May 2025. The median list price of listings available in May 2025 was $327,051, while the average time on the real estate market was 38 days.