606,,, 706 N Alston St Foley, AL 36535
Property details
About 606,,, 706 N Alston St
Rare Investment Opportunity – Prime Location in Foley, AL. Don’t miss this exceptional opportunity to acquire 10 apartment units each offering two bedrooms and one bath across three parcels (PPIN #396767, #72683, and #48020) located near each other in one of Foley’s fastest-growing and most desirable areas. The property was remodeled in 2022 with upgrades including stainless appliances, wood-look vinyl flooring, fresh paint, butcher block kitchen islands, and in-unit laundry rooms. Strategically located just one block off Highway 59, these parcels offer excellent visibility and access—ideal for both immediate income generation and future commercial development. Zoned B-1 (Local Business District), residential use is no longer permitted under current zoning. However, the existing units are operating under legal non-conforming status, allowing continued residential occupancy. Whether you're looking for rental income or a high-profile redevelopment opportunity, this property provides both flexibility and potential. Highlights: •10 total apartment units • 3 separate parcels: PPIN #396767, #72683, #48020 •Zoned B-1 with legal non-conforming residential use •Property remodeled in 2022 •Excellent exposure just one block from Hwy 59 •Strong rental potential + future redevelopment opportunity** See attached document regarding zoning and rental information from the City of Foley. Buyer to verify all information during due diligence.
Highlights
Summary
- Full Bathrooms: 10
- Appliances: Other
- Flooring Type: Luxury Vinyl Plank
- Fireplace: None
- Total Bedroom Count: 20
- Parking: On Street
- Heating: Electric
- List Price: $1,650,000
- Price/SqFt: $165
- Directions: From the intersection of Hwy 59 (S McKenzie St) and Perdido Beach Blvd (AL-182), travel north on Hwy 59 approximately 15.5 miles. Turn right onto W Laurel Ave (AL-98). Go 0.3 miles, then turn right onto N Alston Street. Property is located 0.2 miles ahead on the right at 700 Alston Street. 10 total apartments featuring two bedrooms and one bath each. This property includes ppin #'s 72683 and 48020. ** See attached document regarding zoning and rental information from the City of Foley.
- Year Built: 1977
- Stories: 1
- Living Area: 9,984 SqFt
- Lot Size: 0.4304 Acres
- MLS Number: 381247
- MLS Name: Baldwin County
- Office Name: RE/MAX Paradise
- Office Phone: (251) 948-8000
- Office Email: remaxparadise@alabamaparadise.com
- Listing Agent: Bob Shallow
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: 7/24/2025, 2:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
4
Foley Elementary School
Public District KG-6
0.5 mi
•450 N Cedar St
3
Florence B. Mathis Elementary School
Public District KG-6
1.5 mi
•600 W 9th Ave
4
Magnolia Elementary School
Public District KG-6
3.6 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 $40,784. The majority of Foley, AL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
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 606,,, 706 N Alston St
The listing price of 606,,, 706 N Alston St property is $1,650,000.
The property 606,,, 706 N Alston St is a multi located in Foley, Alabama, 36535.
Active Listing: 606,,, 706 N Alston St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 606,,, 706 N Alston St 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).
The property 606,,, 706 N Alston St is 9,984 SqFt (source: MLS/tax record).
The year of construction for 606,,, 706 N Alston St is 1977.
This home is located at 606,,, 706 N Alston St in Foley, AL and zip code 36535. This 9,984 square foot home, which was built in 1977, sits on a 0.43 acre lot. Features: 20 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $1,650,000.
In June 2025, from all listings sold in Foley, AL there were more than 5 sold above asking price, over 56 sold below and more than 20 were sold right at the asked price. In June 2025 in Foley, AL there were 7.5% more homes for sale than in May. In June 2025, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $324,000.