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15777 Renee Marie Drive

Gulf Shores, AL 36542
  • $399,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 390410
UPDATED: 51 min ago
$399,000
  • 6
    BEDS
  • 0.74
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,574
    SQFT
  • $155
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2004
County:

School Information

Elementary School:
Middle School:
High School:

Description

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.

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Listing information © 2026 Baldwin County Association of REALTORS® 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 or The Coastal Connection at eXp Realty. Data last updated 2026-02-07T11:27:48.76.
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15777 Renee Marie Drive Gulf Shores, AL 36542

  • Price: $399,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 51 min ago
  • MLS #: 390410
6
Beds
3
Baths
0
½ Baths
0.74
Acres
2,574
SQFT
$155
$/SQFT
2004
Built
Neighborhood:
Not Applicable
County:
Baldwin
Area:
Gulf Shores 1
Elementary School:
Gulf Shores Elementary
Middle School:
Gulf Shores Middle
High School:
Gulf Shores High
Property Description
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.
Exterior Features

Architectural Style Other-See Remarks Boat Facilities Description None Carport YN No Construction Materials Vinyl SidingWood SidingWood Frame Fencing Partial Foundation Details Slab Garage YN No Levels One and One Half Lot Features Less than 1 acre Lot Size Dimensions 150 x 217 Parking Features Three or More Vehicles Parking Total 2 Patio And Porch Features Porch-Open Roof Composition View None/Not Applicable View YN No Waterfront Features No Waterfront Waterfront YN No

Interior Features

Appliances Electric RangeRefrigerator Building Area Total 2574 Common Walls Other-See Remarks Fireplace YN No Fireplaces Total 0 Flooring Wood Heating Electric Heating YN Yes Interior Features Other Rooms (See Remarks)Ceiling Fan(s) Master Bathroom Features Tub/Shower Combo Master Bedroom Features 1st Floor Primary

Property Features

Association YN No Electric Baldwin EMC New Construction YN No Ownership Whole/Full Pets Allowed Allowed Property Attached YN No Property Condition Resale Property Sub Type Other-See Remarks Security Features Smoke Detector(s) Sewer Grinder PumpPublic SewerSeptic Tank Tax Annual Amount 2601.72 Utilities Gulf Shores UtilitiesCable Connected Water Source Public Zoning Description Single Family Residence

Listing provided by Roberts Brothers Inc. Gulf Coa: PHONE: 251-767-1182. Listing information © 2026 Baldwin County Association of REALTORS® MLS.


Listing information © 2026 Baldwin County Association of REALTORS® 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 or The Coastal Connection at eXp Realty. Data last updated 2026-02-07T11:27:48.76.
 
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