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2 Beds
2 Baths
873 sqft

$149,000

500 Grant Street # D114, Daphne AL, 36526

Price per sqft$170.68
Built in1983
Property size873 sqft
Property typeResidential

Overview

Active

Listed Apr 24, 2026

Updated 4 weeks ago

INVESTOR OPPORTUNITY! Seven units are available for purchase together or separately, offering flexibility for investors looking to add to their portfolio or acquire a cash-flowing package. The seller would prefer a portfolio sale but will consider individual offers. The four occupied units are offered together for $572,000, with $63,700 in gross annual income, $41,392 NOI, and a 7.24% pro forma cap rate. These figures are based on historical performance and are provided for informational purposes only; future income, expenses, and returns are not guaranteed and may change. For reference, the individual MLS numbers for the four occupied units are: 395674, 395671, 395670, 395666. Seller will pay off the temporary HOA special assessment at closing. The remaining three units are vacant and move-in ready, with a $5,000 seller concession available toward closing costs or a 2-1 rate buydown. For reference, the individual MLS numbers for the three vacant units are: 395673, 395672, 395668. The seller is ready to make a deal! Call today for details, financials, or package options. Buyer to verify all information during due diligence.

$991/mo

Est. mortgage payment based on a $149,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
395670

Interior Features

Bedrooms
2
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Association Fee Frequency
Monthly
View
Yes
Pets Allowed
Yes
Pool
Yes

Courtesy of Roberts Brothers Inc. - Gulf Coast, Evan Burns

Listing Contact: PHONE: 251-600-5111 

The data relating to real estate for sale on this web site comes in part from the Baldwin County Association of REALTORS.  Real estate listings held by brokerage firms other than Top Tier Team are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Top Tier Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data on this page was last updated on 9/12/2026.

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