$715,000

302 Michigan Ave Mobile, AL 36604

Leinkauf Neighborhood

Estimated payment $3,795/month

Total Views 192
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Updated and stabilized, ten unit apartment complex in Midtown Mobile! Updated roof, fresh interior and new lighting. All with neutral colored paint, and vinyl plank floors. The kitchens are updated with white cabinets and countertops. Seven units are studio apartments, two units are two bedrooms, and one unit is a three bedroom. Out of the ten units, eight are currently long term tenants with one year leases, two units are being utilized as short term rentals. The short term rental units are generating approx $1200 per month, per unit. The rents on the long term units vary by unit. Rent rolls available by request. Property is near full occupancy and generates around $8500 gross per month on average. This area has seen great improvement and has excellent future appreciation potential. Located less than half a mile from Downtown Mobile, close to interstate access and not far from Mardi Gras parade routes. Roofs, plumbing, and electrical updates are approximately 8 years old. Call for more information. All measurements are approximate and not guaranteed, buyer to verify.

Listing Agent

Rameh Dickens Khazen

Listed on: 02/09/2026

Map

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Lot Size: 100x200
  • Co List Office Mls Id: GCMBELLA02
  • Co List Office Phone: 251-343-7777
  • Subdivision Name: Glendale Park
  • Efficiency: None
  • Special Features: None

Interior Features

  • Window Features: None

Exterior Features

  • Construction Type: Asbestos, Brick, Wood Siding
  • Roof: Composition

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Cooling: Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Public

Schools

  • Elementary School: Leinkauf
  • High School: Murphy
  • Middle Or Junior School: Calloway Smith

Lot Info

  • Lot Size Sq Ft: 10406.484

Multi Family

  • Number Of Units Total: 10

Tax Info

  • Tax Annual Amount: 928

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $980 $14,620 $8,380 $6,240
2024 $980 $14,620 $8,380 $6,240
2023 $980 $13,820 $8,320 $5,500
2022 $447 $7,040 $4,800 $2,240
2021 $447 $7,040 $4,800 $2,240
2020 $356 $5,600 $3,180 $2,420
2019 $361 $5,680 $3,180 $2,500
2018 $340 $5,360 $0 $0
2017 $340 $5,360 $0 $0
2016 $334 $5,260 $0 $0
2013 $391 $6,040 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2026 02/09/26 For Sale $715,000 +23.3% --
10/09/2024 10/09/24 Sold $580,000 0.0% $863 / Sq Ft View Prior Sale
09/24/2024 09/24/24 Pending -- -- --
09/20/2024 09/20/24 Price Changed $580,000 -10.8% $863 / Sq Ft
09/19/2024 09/19/24 For Sale $649,900 -- $967 / Sq Ft
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed $580,000 None Listed On Document
Trustee Deed $404,021 None Listed On Document
Warranty Deed $330,000 Dst
Warranty Deed $7,500 --
Source: Public Records

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

MLS Number: 7716480

Gulf Coast MLS (Mobile Area Association of REALTORS®)

APN: 29-10-22-3-003-057

Alabama Mobile County Mobile 36604 Leinkauf

302 Michigan Ave, Mobile, AL

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Gulf Coast MLS (Mobile Area Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Nearby Homes
Listing Agent
Rameh Dickens Khazen