Units 1,2,3,4/9330 Pinewood Avenue

Elberta AL 36530

3300 sq. ft.

12418 sq. ft.

Multi-Family

Last sold for $465,000

Rick Carruth, last sold this property on 21 April 2026 after 76 days on market.

Overview

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.

Features

8 bedrooms

4 bathrooms

3300 sq. ft. floor area

12418 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 8 bedroom multi families sold in Elberta over the last 12 months.

Property history for Units 1,2,3,4/9330 Pinewood Avenue

2026

Sold

$465,000

21 Apr 2026 by Rick Carruth

Happy sellers in Elberta

We have insufficient information to provide an overview of customer satisfaction for Elberta. Viewing the agent profiles, reviews and sales for Elberta can provide insights for this location.