203 Mohawk St Mobile, AL 36606
Midtown Mobile NeighborhoodEstimated payment $4,406/month
About This Home
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 air-conditioning units and are all electric, with city water and city sewer service. All apartments include a stove and refrigerator (except for one unit where the refrigerator belongs to the tenant). The property also offers on-site parking for residents. Located in a fantastic Midtown location, the property is convenient for dining, shopping, and entertainment, with easy access to major thoroughfares providing quick connectivity to all areas of Mobile. With strong occupancy, a desirable location, and steady rental history, this property presents a great opportunity for investors seeking a well-located income-producing asset.
Map
Property Details
Home Type
Multi-Family
Year Built
1945
Lot Details
0.32 Acres
Listing Details
- Property Type: Residential Income
- Community Features: None
- Fencing: None
- Lot Features: Level
- LotSizeAcres: 0.3202
- Lot Size: 100x140x101x138
- View: City
- Has View?: Yes
- Waterfront Features: None
- Waterfront?: No
- Co List Office Mls Id: GCMLLBB01
- Co List Office Phone: 251-342-3200
- Subdivision Name: Dubroca Tract
- Accessibility Features: None
- Has Cooling?: Yes
- Flooring: Carpet, Hardwood, Laminate
- Heating: None
- Unit Levels: Multi/Split
- Efficiency: None
- Year Built: 1945
- Parcel #: 2907240006217
- GCMLS2_MlsPropertyType: Residential Income
- Special Features: None
- Property Sub Type: MultiFamily
Interior Features
- Window Features: None
Exterior Features
- Topography: Level
- Construction Type: Frame, Stucco
- Roof: Composition
Garage/Parking
- Parking Features: Driveway
Utilities
- Cooling: Window Unit(s)
- Heating Yn: No
- Sewer: Public Sewer
- Utilities: Electricity Available, Sewer Available, Water Available
- Water Source: Public
Schools
- Elementary School: Leinkauf
- High School: Murphy
- Middle Or Junior School: Booker T Washington
Lot Info
- Lot Size Sq Ft: 13947.912
Multi Family
- Number Of Units Total: 9
Tax Info
- Tax Annual Amount: 1613
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,683 | $50,760 | $11,220 | $39,540 |
| 2024 | $1,683 | $50,760 | $11,220 | $39,540 |
| 2023 | $1,683 | $56,160 | $11,160 | $45,000 |
| 2022 | $1,783 | $56,160 | $11,160 | $45,000 |
| 2021 | $1,645 | $51,800 | $11,160 | $40,640 |
| 2020 | $1,645 | $51,800 | $11,160 | $40,640 |
| 2019 | $3,165 | $49,840 | $9,620 | $40,220 |
| 2018 | $1,584 | $24,940 | $0 | $0 |
| 2017 | $1,584 | $24,940 | $0 | $0 |
| 2016 | $1,585 | $24,960 | $0 | $0 |
| 2013 | $1,242 | $18,740 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/20/2026 03/20/26 | For Sale | $799,000 | +248.1% | -- | |
| 05/30/2019 05/30/19 | Sold | $229,500 | -- | $39 / Sq Ft | View Prior Sale |
| 03/27/2019 03/27/19 | Pending | -- | -- | -- |
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)
MLS Number: 7733339
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Ask me questions while you tour the home.