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15777 Renee Marie Avenue

Gulf Shores, AL 36542

6 beds
3 baths
2,574 sqft
~3/4 acre lot
$166 per sqft
2004 build
– on site

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 nets $41,100 annually, demonstrating immediate income potential! Buyer to verify all information during due diligence.

Listing courtesy of GCMLS / Roberts Brothers Inc. Gulf Coa

Last checked: Checking… • Last updated Jun 18, 2025 •

MLS# 7600413 —

The Building

Year Built:

2004
Construction Materials:

Vinyl Siding
Building Area Total:

2574
Building Area Source:

Builder
Architectural Style:

Patio Home
Roof:

Composition
Foundation Details:

Combination
Levels:

One and One Half
Basement:

None
Exterior Features:

Private Entrance
Window Features:

Aluminum Frames
Patio And Porch Features:

Front Porch

Interior

Interior Features:

Other
Kitchen Features:

Other
Dining Room Features:

Open Floorplan
Laundry Features:

Other
Fireplace:

false
Fireplace Features:

None
Flooring:

Carpet

Location

Latitude:

30.253744
Longitude:

-87.753777

The Property

Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Size Area:

32452.2
Lot Features:

Other
Lot Size Acres:

0.745
Lot Size Dimensions:

150x217
Lot Size Square Feet:

32452.2
Lot Size Units:

Square Feet
View:

Other
View:

true
Fencing:

None
Other Structures:

Shed(s)
Waterfront Features:

None
Road Surface Type:

Dirt
Road Frontage Type:

City Street
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

2601

Beds

Bedrooms Total:

6
Bedroom Features:

Other

Baths

Total Baths:

3
Total Baths:

3
Full Baths:

3
Master Bathroom Features:

Tub/Shower Combo

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Other
Electric:

Other
Sewer:

Public Sewer
Water Source:

Public
Green Energy Efficient:

None

Appliances

Appliances:

Dishwasher

Schools

Elementary School:

Gulf Shores
Middle Or Junior School:

Gulf Shores
High School:

Gulf Shores

The Community

Subdivision Name:

None
Community Features:

None
Spa:

false
Spa Features:

None
Pool Features:

None
Waterfront:

false

Parking

Parking Total:

2
Parking Features:

Unassigned

Monthly cost estimate

Asking price

$429,000

Expense	Monthly cost
Mortgage	$2,297
Taxes	$216
Insurance	$117
Utilities	$186 See report
Total	$2,816/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
6/18/25 Jun 18, 2025	Listed / Active	GCMLS	$429,000

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This house located in Gulf Shores, AL 36542 is currently for sale for $429,000. 15777 Renee Marie Avenue is a 2,574 square foot house with 6 beds and 3 baths that has been on Estately for 0 days. This house is in the attendance area of Gulf Shores Middle School, Gulf Shores High School, and Gulf Shores Elementary School.

Listing Courtesy of: GCMLS and Roberts Brothers Inc. Gulf Coa.

The information provided is 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. All information provided is deemed reliable but is not guaranteed and should be independently verified.