203 Mohawk St Mobile, AL 36606
Midtown Mobile NeighborhoodEstimated payment $4,456/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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | -- | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $229,500 | Slt | |
| Warranty Deed | $155,000 | None Available | |
| Warranty Deed | $100,000 | None Available | |
| Deed | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | New Conventional | |
| Closed | $287,555 | Future Advance Clause Open End Mortgage |
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)
MLS Number: 7733339
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