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Mobile, AL Multifamily Homes & Duplexes for Sale

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  • /16

    $239,000

    552 Glenwood St, Mobile, AL 36606

    Income Property – Perfect for first-time investors! Live in the upstairs unit and earn rental income from the downstairs unit. The vacant unit has been freshly painted from top to bottom, with a spacious eat-in kitchen perfect for hosting gatherings. The bathroom shines with a new bathtub, tub surround, vanity, and mirror. Enjoy plenty of natural light and original hardwood floors throughout. The

    Agent Photo

    Heidi Hall

    IXL Real Estate LLC

    552 Glenwood St, Mobile, AL 36606
  • /22

    $84,900

    814 S Wasson Ave, Mobile, AL 36612

    Discover this well-maintained 2--bedroom, 1-bath home located on South Wasson Avenue in Mobile. This inviting property offers a functional layout, comfortable living spaces, and classic Southern charm—making it an excellent opportunity for investors seeking a turnkey rental. The home features a bright living area, an efficient kitchen, and generously sized bedrooms. Outside, the property includes

    Agent Photo

    Cathy Matter

    RE/MAX Partners

    814 S Wasson Ave, Mobile, AL 36612
  • /19

    $114,900

    1254 Seneca St, Mobile, AL 36605

    Tenant-occupied investment property offering immediate rental income in an established Mobile neighborhood. This well-maintained home provides a strong, turnkey opportunity for investors seeking reliable cash flow. Conveniently located near schools, shopping, and major routes, 1254 Seneca Avenue delivers consistent tenant appeal and long-term portfolio value. 4 Bedroom/2 Baths and approximately

    Agent Photo

    Cathy Matter

    RE/MAX Partners

    1254 Seneca St, Mobile, AL 36605
  • /2

    $161,000

    $22K PRICE DROP

    1561 Illinois St, Mobile, AL 36604

    Located in a well-established residential corridor just minutes from downtown Mobile, 1561 Illinois Street presents an excellent opportunity for investors seeking both immediate rental income and long-term appreciation. This property benefits from convenient access to major employment centers, transportation routes, shopping, dining, and the thriving downtown waterfront.The home is positioned

    Cabretta Howell IXL Real Estate LLC

    1561 Illinois St, Mobile, AL 36604
  • /30

    $435,000

    $40K PRICE DROP

    207 Michigan Ave, Mobile, AL 36604

    Six unit apartment building currently generating over $5,500 per month in gross rent. This building is composed of five long term rental units, and one short term rental unit. Building has been partially renovated with room to update some units and increase rents. This building is located on Michigan Avenue, which will be the corridor to both the interstate for Midtown and the route to the new

    Rameh Dickens Khazen Bellator Real Estate LLC Mobile

    207 Michigan Ave, Mobile, AL 36604
  • /3

    $330,000

    $10K PRICE DROP

    122 Glenwood St, Mobile, AL 36606

    This income producing property is ready for new owners. 3 units 100% occupied. Perfectly located in midtown where everyone wants to be...close to downtown entertainment district, the business district, I-10 for quick trips to Baldwin County, Pensacola or west to I-65. The property has 2 downstairs units which are 1 bed and 1 bath each. The upstairs unit is a spacious 2 bed 1 bath. Plenty of

    Donna Gardner RE/MAX Realty Professionals

    122 Glenwood St, Mobile, AL 36606
  • /13

    $110,000

    $45K PRICE DROP

    603 Mohawk St, Mobile, AL 36606

    This duplex is ready for it's new owners!! If you are ready to expand your portfolio, this property is for you! This duplex offers close proximity to Mardi Gras events, and any other downtown activity you or your tenets would like to attend! Front unit has 3 bedrooms and 1 bath and the back unit is a 1 bedroom 1 bath unit with storage underneith. Call your favorite realtor today to schedule your

    Kelly Cummings eXp The Cummings Company LLC

    603 Mohawk St, Mobile, AL 36606
  • /16

    $225,000

    317 W Main St, Mobile, AL 36610

    These homes are great for Investors, it includes 2 single family homes and a duplex, 319, 321 & 323 is included in the sale. 3 units have tenants; the other tenant has recently moved out. These are income producing properties. One home is 3/1 one is 3/2 and duplex is 2/1 total square footage is 3879. Buyer’s Agent and Buyer to verify all information deemed important during due diligence. Please

    Corene Simmons EXIT Realty Promise

    317 W Main St, Mobile, AL 36610
  • /2

    $799,000

    203 Mohawk St, Mobile, AL 36606

    Attention Investors!!! An excellent investment opportunity in the heart of Midtown! This 9-unit apartment complex offers a mix of 1- and 2-bedroom units, each with 1 bathroom, and is currently 100% occupied, providing immediate income for a new owner. Monthly rents range from $600 to $800 per unit, offering strong and consistent cash flow potential. Each unit is equipped with window

    Melissa Morrissette L L B & B, Inc.

    203 Mohawk St, Mobile, AL 36606
  • /4

    $600,000

    266 Rickarby St, Mobile, AL 36606

    Investor Alert!! Great investment opportunity in a convenient Midtown location! 266 Rickarby Street includes two separate 3-unit apartment buildings located at 264 and 266 Rickarby Street, situated just south of Government Street with easy access to major thoroughfares. The property features six fully occupied units, providing immediate rental income. The unit mix includes four 2-bedroom, 1-bath

    Melissa Morrissette L L B & B, Inc.

    266 Rickarby St, Mobile, AL 36606
  • /24

    $159,900

    $12K PRICE DROP

    5015 Santos Dr W, Mobile, AL 36619

    This updated duplex features two units, each offering 2 bedrooms and 1 full bathroom. Recent improvements include new flooring, new countertops, and fresh interior paint in both units. Each unit offers a functional layout with a kitchen, living area, and dedicated laundry room. The property may be suitable for owner-occupancy and/or rental use, subject to buyer verification and lender guidelines.

    Niaisha Roberts Collective Keys Realty LLC

    5015 Santos Dr W, Mobile, AL 36619
  • /30

    $220,000

    2064 Andrews St, Mobile, AL 36617

    Investor opportunity — package sale of four income-producing units at 2050, 2052, 2062, and 2064 Andrews St, Mobile, AL 36617. Each unit is a one-bedroom, one-bathroom residence, offering a consistent and manageable footprint ideal for long-term rental operations. All four units are currently occupied, providing immediate cash flow from day one with no lease-up period required.

    Wesley Barrett Barrett Realty

    2064 Andrews St, Mobile, AL 36617
  • /9

    $119,500

    4118 Seabreeze Rd N, Mobile, AL 36609

    Beautifully updated 3-bedroom, 1-bath full-brick home on a concrete slab, offering a bright and inviting layout with an open living area and stylish white kitchen featuring ample cabinet space. The home has been used as a rental for the last few years, with a current tenant in place. Conveniently located near the University of South Alabama, Spring Hill College, Glenn Sebastian Nature Trail,

    Stephanie Dory Ideal Real Estate Company

    4118 Seabreeze Rd N, Mobile, AL 36609
  • /29

    $198,000

    6980 Laverne Dr S, Mobile, AL 36618

    Welcome to 6980 Laverne Dr S! This two-story duplex offers a variety of opportunities for homeowners and investors alike. With over 1152 sq. ft. total, you can live in one unit while generating income from the other, lease both units for maximum rental potential, or add a turnkey investment property to your portfolio. The main-level unit features two bedrooms, one bathroom, a spacious living

    Jeff Jones Keller Williams Mobile

    6980 Laverne Dr S, Mobile, AL 36618
  • /8

    $50,000

    1055 Marine St, Mobile, AL 36605

    Back on Market at No Fault to Seller!! Investor Special! This 3-bedroom, 1-bath property offers immediate rental income with a tenant already in place who would like to remain after closing. Currently an income generating rental property. This property presents an excellent opportunity to add a cash-flowing asset to your portfolio. Conveniently located and easy to maintain, this home is ideal for

    Ashlee Shakir Smitherman Partners RE

    1055 Marine St, Mobile, AL 36605
  • /21

    $600,000

    1300 Illinois St, Mobile, AL 36604

    Renovated six-unit, high-income producing apartment building offering a strong and diversified income stream. The property consists of four fully furnished short-term rental units and two long-term rentals, creating an attractive blend of stable tenancy and higher-yield short-term rental income. The short-term units are professionally furnished with updated furniture, bedding, and supplies and

    Rameh Dickens Khazen Bellator Real Estate LLC Mobile

    1300 Illinois St, Mobile, AL 36604
  • /33

    $549,569

    1010 Dauphin St, Mobile, AL 36604

    VALUE RANGE PRICING. SELLER TO CONSIDER OFFERS FROM $549,000 TO $569,000. THE LOWER AND UPPER VALUE RANGES OF THE MARKET. Fully leased quadplex investment opportunity in Midtown Mobile, just minutes from Downtown. This income-producing property currently generates $4,250 per month in gross rental income, with executed leases in place for all four units. Tenants are responsible for their own

    Ryann Lee Keller Williams Mobile

    1010 Dauphin St, Mobile, AL 36604
  • /29

    $69,900

    $20K PRICE DROP

    308 Lee St, Mobile, AL 36611

    Are you on the lookout for a fantastic new investment property? Well, look no further! You might just have found your gem: a charming duplex nestled right in the historical district and the vibrant heart of Chickasaw. This property features two units, with a spacious 2-bedroom setup downstairs and the same 2-bedroom unit upstairs. But here's where it gets even more interesting—if you have a

    Denise McMichael-Wiseman Rezults Real Estate Services LLC

    308 Lee St, Mobile, AL 36611

Why Live in Mobile

Mobile proudly holds the distinction as the birthplace of American Mardi Gras, predating New Orleans' celebration with weeks of parades and MoonPie-catching festivities from February through March. The city's rich cultural heritage comes alive in the historic Oakleigh District, where antebellum mansions line oak-canopied streets. Downtown Mobile features architectural treasures, art galleries, and celebrated restaurants like NoJa and Dauphin's, which serves fresh Gulf seafood with panoramic city views.

The real estate landscape in Mobile presents diverse options across price points. The median single-family home price stands at $245,000, while townhomes have a median price of $229,600. Condominiums range from $127,500 for one bedroom units to $160,000 for two bedrooms. Spring Valley commands the highest median single-family home prices at $414,500, while Country Club homes reach $849,900. More affordable options exist in Oakleigh with a median price of $84,000.

Mobile's cost of living sits 7.1% below the national average. A family with school-age children needs approximately $98,000 annually to live comfortably, while renters should aim for $50,000. The property tax rate of 0.48% compares favorably to nearby Pensacola at 0.6%. The combined sales tax rate is 9.43%.

The education landscape includes highly rated private institutions like UMS-Wright Preparatory School and St. Paul's Episcopal School, both rated A+ by Niche. The University of South Alabama anchors higher education. Residents enjoy water activities on Mobile Bay, explore the USS Alabama Battleship Memorial Park, and visit Bellingrath Gardens, particularly during its "Magic Christmas in Lights" display.

Home Price Trends

Median Sale Price
$245,000
Median Single Family Sale Price
$259,000
Median Townhouse Sale Price
$215,000
Median 2 Bedroom Sale Price
$153,000
Median 1 Bedroom Sale Price
$143,000
Average Price Per Sq Ft
$141
Number of Homes for Sale
979
Last 12 months Home Sales
4,471
Months of Supply
2.60
Median List Price
$260,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
4%
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