$799,000

Estimated payment $4,406/month

Total Views 2,893
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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.

Listing Agent

Melissa Morrissette

Listed on: 03/20/2026

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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®)

Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

MLS Number: 7733339

Gulf Coast MLS (Mobile Area Association of REALTORS®)
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