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58 Nichols Avenue

Fairhope, AL 36532

3 beds
2 baths
1,440 sqft
15,503 sqft lot
$833 per sqft
1958 build
– on site

There is an existing duplex with unit one 2 bedroom one bath rented. Unit 2 is a one bedroom one bath. This is an R2 Multifamily property with a lot with investment opportunity to split into 2 lots. Buyer to get approval from City of Fairhope. 66 ft lots across the street currently with new homes on them. Can be single family or multifamily for this HUGE GORGEOUS CLEARED lot in historic downtown Fairhope. There is a probating period until May 5, 2025 and subject to order to sell by our Honorable Probate Judge DOlive. BY APPT ONLY To VIEW INSIDE DUPLEX. DRIVE BY IS OK TO SEE THE LAND Buyer to verify all information during due diligence.

Listing courtesy of BCAR / Real Estate Investing Group

Last checked: Checking… • Last updated Mar 11, 2025 •

MLS# 375478 —

The Building

Year Built:

1958
New Construction:

false
Construction Materials:

Wood Siding
Structure Type:

Single Story
Roof:

Composition
Stories:

1
Levels:

One
Building Area Total:

1440
Building Area Units:

Square Feet
Building Area Source:

Assessor

Interior

Flooring:

Wood
Kitchen Level:

Main
Dining Room Level:

Main
Living Room Level:

Main
Fireplace:

false
Laundry Features:

Main Level

Room Dimensions

Living Area:

1440
Living Area Units:

Square Feet
Living Area Source:

Assessor

Financial & Terms

Ownership:

Whole/Full

Location

Directions:

From S Mobile Street East on Nichols Avenue. On the corner or Satsuma St and Nichols Ave.
Cross Street:

Satuma Street

The Property

Property Type:

Residential Income
Property Subtype:

Duplex
Property Condition:

Resale
Zoning Description:

2+ Family Residence
Parcel Number:

1853
Lot Size Area:

15503
Lot Size Acres:

0.3559
Lot Size SqFt:

15503
Lot Size Units:

Square Feet
Fencing:

Partial
View:

false
View:

None/Not Applicable
Waterfront:

false
Waterfront Features:

No Waterfront

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

1200
Tax Legal Description:

117 x 132 OAKHAVEN SUBD LOT 2 PB4 PG214
Tax Lot:

Lot 2
Tax Block:

Lot 2

Beds

Bedrooms Total:

3
Bedroom 2 Level:

Main
Bedroom 3 Level:

Main
Master Bedroom Level:

Main

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

Heating & Cooling

Heating:

Heat Pump
Heating:

true

Utilities

Utilities:

Natural Gas Connected, Fairhope Utilities
Gas:

Gas-Natural

Appliances

Appliances:

Electric Range, Refrigerator

Schools

Elementary School:

Fairhope East Elementary
Middle Or Junior School:

Fairhope Middle
High School:

Fairhope High

The Community

Subdivision Name:

Fruit & Nut District
Community Features:

None
Association:

false
Subdivision:

AL
Boat Facilities:

None

Parking

Garage:

false
Attached Garage:

false
Carport:

false
Parking Features:

None

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/10/25 Mar 10, 2025	Listed / Active	BCAR	$1,200,000

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This multifamily located in Fairhope, AL 36532 is currently for sale for $1,200,000. 58 Nichols Avenue is a 1,440 square foot multifamily with 3 beds and 2 baths that has been on Estately for 0 days. This multifamily is in the attendance area of Fairhope Middle School, Fairhope High School, and Fairhope West Elementary School.

Listing Courtesy of: BCAR and Real Estate Investing Group.

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.