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$465,000
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Property Description
Calling all investors! Fourplex apartment building located in Elberta offering immediate rental income with value-add potential. Property consist of two upstairs units and two downstairs units, each featuring two bedrooms and one bathroom, approximately 825 square feet. Current rents total approximately $5,400 per month, with rent including power, water, sewer, trash, and pest control. Shared laundry facilities on-site. The exterior received updates following Hurricane Sally, including new siding, a metal roof, updated porches, staircases, and newer grinder pumps. Convenient and quiet location, and just minutes to town, shopping, dining, and approximately 10 miles from the Gulf Coast beaches. Property is being sold as-is. Seller is a licensed Alabama real estate agent. The listing agent is related to the seller. Buyer to verify all information during due diligence.
Full Property Details
Full Property Details for 9330 Pinewood Ave #Units 1,2,3,4
General
- Sold For: $465,000
- Taxes: $1,973
- Status: Closed
- Type: Multi-Family
- Source: 934
- MLS ID: 391280
- Added to Site: 104 day(s) ago
Interior
- Fireplace(s): None
- Appliances: Microwave, Electric Range, Refrigerator, Cooktop
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Primary Bathroom: Tub/Shower Combo
Bedrooms
- Total Bedrooms: 8
- Primary Bedroom: 10 x 10, Main, 100 Sq. Ft.
- Bedroom 2: 10 x 10, Main, 100 Sq. Ft.
- Bedroom 3: 10 x 10, Main, 100 Sq. Ft.
- Bedroom 4: 10 x 11, Main, 110 Sq. Ft.
- Bedroom 5: 10 x 10, Main, 100 Sq. Ft.
Other Rooms
- Kitchen: 10 x 12, Main, 120 Sq. Ft.
- Dining Room: Breakfast Area-Kitchen
- Laundry: Common Area
Additional Information
- Shared Amenities: None
Exterior
- Porch/Patio/Deck: Front Porch, Rear Porch
Parking
- Parking Features: Three or More Vehicles
Location
- Area: Elberta 1
- County: Baldwin
- Subdivision: Petersons Point
- Driving Directions: Take Miflin Road (County Road 20) East Across The Foley Beach Express. Pass over Wolf Creek, Turn Right at the gas station where County Road 20 goes to the right. Cross over Miflin Creek, Follow Road Along the Curve To The Left. Turn Right Onto Pinewood Ave. Look For Two Story Fourplex Apartment Located on your left-hand side. Look for the for sale sign.
- Direction Faces: North, South, East, West
School Information
- Elementary School: Elberta Elementary
- Middle School: Elberta Middle
- High School: Elberta High School
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
Utilities
- Utility Description: Riviera Utilities
Structural Information
- Structure Type: Multi-Story
- Exterior Const.: Wood Siding, Wood Frame
- Roof: Composition
- Stories/Levels: 1
- Building Size: 3300
- Square Feet: 3,300
- Sq. Ft. Source: Assessor
- Year Built: 1968
- Property Condition: Resale
Lot Features
- Property View: Northern View, Southern View, Eastern View, Western View
- Lot Size (Acres): 0.2851
- Lot Size (Sq. Ft.): 12,418
- Lot Dimensions: 88.7' x 140'
- Zoning: Single Family Residence, 2+ Family Residence
Water Features
- Water Front View: Bay Access (<=1/4 Mi)
Green Features
- Energy Efficient: None
Financial Considerations
- Tax Amount: $1,973
Disclosures and Reports
- Ownership: Whole/Full
- Legal Description: 88.7' X 140' PINEWOOD SHORES SUB PETERSON PT BLK 5 LOT 23-24
- Property ID: 35671
- Block: Lot 23-24
- Lot Number: Lot 23-24
Listed by eXp Realty, LLC Gulf Shores Br
Sold by Brett R/E Robinson Dev OB
Get Pre-Approved Today
Schools
Schools serving 9330 Pinewood Ave #Units 1,2,3,4
School District:Baldwin County School District
| Name | Grades | Distance |
|---|---|---|
Elberta Elementary School 25820 U.S. 98, Elberta, AL 36530 | K-6 | 3.7 mi |
Elberta Middle School, Elberta, AL 13355 Main Street, Elberta, AL 36530 | 7-8 | 4.1 mi |
Elberta Middle School, Elberta, AL 13355 Main Street, Elberta, AL 36530 | 9-12 | 4.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 9330 Pinewood Ave #Units 1,2,3,4
Date
Details
Price
Change
Source
4/21/2026
Sold
$465,000
-3.1%
MLS
2/23/2026
Price Reduced
$479,900
-4%
MLS
2/11/2026
Price Reduced
$499,900
-9.09%
MLS
2/03/2026
Listed
$549,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
9330 Pinewood Avenue #Units 1,2,3,4, Elberta, AL 36530 (MLS# 391280) is a Multi-Family property that was sold at $465,000 on April 21, 2026. Want to learn more about 9330 Pinewood Avenue #Units 1,2,3,4? Do you have questions about finding other Multi-Family real estate for sale in Elberta? You can browse all Elberta real estate or contact a Coldwell Banker agent to request more information.

