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$859,000
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Property Description
Exceptional 4-unit multifamily investment in the heart of Foley! Located at 451 & 455 W Pedigo Ave and 601 & 603 S Cedar St, this fully renovated property offers reliable cash flow and long-term upside. Recent upgrades include a new fortified roof, new asphalt driveway, new appliances, tankless water heaters, flooring.Currently generating $5,859/month ($70,308 annually) with four units enrolled in the HUD program, providing guaranteed rental income. Tenants pay their own utilities, keeping operating costs low. Situated on a parcel with additional land, there may be room to build a third duplex (2 more units) and expand income potential even further. Buyer to verify all information during due diligence.
Full Property Details
Full Property Details for 603 Cedar St
General
- Price: $859,000
- Taxes: $3,573
- Status: Active
- Type: Duplex
- Source: 934
- MLS ID: 384958
- Updated: 10/17/2025
- Added to Site: 129 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Storage
- Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Tankless Water Heater
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 12
- Primary Bedroom: 1st Floor Primary, Walk-In Closet(s)
Additional Information
- Shared Amenities: None
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Storage, Termite Contract
Parking
- Parking Features: None
Location
- Area: Foley 2
- County: Baldwin
- Subdivision: City of Foley
- Driving Directions: From Highway 59 and 98 in Foley head west on 98 and turn left on Cedar street at Foley elementary school. After passing the Max Griffen park you will see the duplex on the left on Cedar. The other duplex is directly behind on Pedigo.
School Information
- Elementary School: Foley Elementary
- Middle School: Foley Middle
- High School: Foley High
Heating & Cooling
- Cooling Type: Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Utility Description: Riviera Utilities
Structural Information
- Structure Type: Single Story
- Exterior Const.: Vinyl Siding
- Roof: Dimensional
- Windows: Window Treatments
- Stories/Levels: 1
- Building Size: 2322
- Square Feet: 2,322
- Sq. Ft. Source: Assessor
- Year Built: 2005
- Property Condition: Resale
Additional Structures
- Other Structures: Barn(s)
Lot Features
- Property View: None/Not Applicable
- Lot Size (Acres): 0.351
- Lot Size (Sq. Ft.): 15,289.56
- Lot Dimensions: 100 x 170
Water Features
- Water Front View: No Waterfront
Financial Considerations
- Tax Amount: $3,573
Disclosures and Reports
- Ownership: Whole/Full
- Property ID: 5409294000125
Listed by RE/MAX of Orange Beach
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Schools
Schools serving 603 Cedar St
School District:Baldwin County School District
| Name | Grades | Distance |
|---|---|---|
Foley Elementary School 450 North Cedar Street, Foley, AL 36535 | K-6 | 0.6 mi |
Foley Middle School 200 North Oak Street, Foley, AL 36535 | 7-8 | 0.5 mi |
Foley High School 1 Pride Place, Foley, AL 36535 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 603 Cedar St
Date
Details
Price
Change
Source
9/10/2025
Listed
$859,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 603 Cedar St
603 Cedar Street, Foley, AL 36535 (MLS# 384958) is a Duplex property with 12 bedrooms and 8 full bathrooms. 603 Cedar Street is currently listed for $859,000 and was received on September 10, 2025. Want to learn more about 603 Cedar Street? Do you have questions about finding other Duplex real estate for sale in Foley? You can browse all Foley real estate or contact a Coldwell Banker agent to request more information.

