$900,000
SOLD JUN 9, 2025

5 N Fulton St Mobile, AL 36607

Midtown Mobile Neighborhood
15 Beds
10 Baths
8,000 Sq Ft
0.56 Acres

Recently Sold

$112 Per Sq Ft

69 Days on Market

Highlights

  • 0.56 Acre Lot
  • 1 Fireplace
  • Attached Garage
  • Wood Flooring
  • No HOA
  • Window Unit Cooling System

About This Home

As of June 2025

Located near the heart of Downtown Mobile, this exceptional portfolio offers 10 fully rented units, including a triplex, three duplexes, and a single apartment. Currently rented below market value, this property presents a lucrative opportunity for increased revenue as leases renew. Recent updates by the seller, including electrical, plumbing and HVAC systems, provide peace of mind for investors looking for a turnkey opportunity. This property’s prime location is a significant draw for tenants and investors alike. Residents enjoy easy access to thriving dining scenes, entertainment venues, and the historic charm of the Oakleigh Historic District. The property is also close to Ladd-Peebles Stadium, Bel Air Mall, and the famous Mobile Mardi Gras parade routes. For those seeking outdoor activities, Bienville Square and the Mobile Bay waterfront are just a short drive away. Additionally, the property is well-connected to major roadways, including I-65 and I-10, making it a convenient choice for commuters. Tenants pay all utilities except for landscaping, keeping operating expenses low and maximizing returns. Whether you're a seasoned investor or looking to expand your portfolio, this cash-flowing asset in one of Mobile's most popular areas is a rare find. Don’t miss out—schedule your showing today and capitalize on this growth opportunity! Proof of funds must be submitted prior to showings. Owner financing options are available. Buyer and Buyer's Agent to verify all information. Buyer to verify all information during due diligence.

Last Agent to Sell the Property

Taylor Pettway

Goode Realty, LLC Listed on: 01/16/2025

Co-Listed By

Ginny Byrd

Goode Realty, LLC

Last Buyer's Agent

Taylor Pettway

Goode Realty, LLC Listed on: 01/16/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,843

Year Built

  • Built in 1986

Lot Details

  • 0.56 Acre Lot

Parking

  • Attached Garage

Home Design

  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 8,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Fire and Smoke Detector
  • Gas Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 10 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 13 / 13
  • Assessor Parcel Number 2907240003059XXX

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,843

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • View: None/Not Applicable
  • Parcel Number: 2907240003059XXX
  • Year Built: 1986
  • Property Sub-Type: Other-See Remarks
  • ResoCommunityFeatures: None
  • ResoLotFeatures: Less than 1 acre
  • Lot Size Acres: 0.557
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 1674
  • Co List Office Phone: 251-981-2929
  • Co List Office Phone: 251-981-2929
  • Ownership: Whole/Full
  • MLS Status: Closed
  • Subdivision Name: Park Place
  • Architectural Style: Other-See Remarks
  • ResoBuildingAreaSource: Seller
  • Carport Y N: No
  • Reso Interior Features: Ceiling Fan(s)
  • Unit Levels: One
  • Living Area: 8000
  • New Construction: No
  • Property Attached Yn: No
  • ResoPropertyCondition: Resale
  • Financial Info Electric: Alabama Power
  • BK20_LFD_BoatFacilities_4: None
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Full Bathrooms: 10
  • Total Bedrooms: 15
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Stories: 1

Exterior Features

  • Roof: See Remarks
  • Waterfront: No
  • View: No
  • Waterfront Features: No Waterfront
  • Construction Type: Wood Siding, Wood Frame

Garage/Parking

  • Attached Garage: No
  • Parking Features: Attached

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Mobile-Other

Lot Info

  • Lot Size Sq Ft: 24262.92
  • ResoLotSizeUnits: Square Feet

Tax Info

  • Tax Annual Amount: 3843.02
  • Tax Block: 13
  • Tax Lot: 13

MLS Schools

  • Elementary School: Mobile-other
  • HighSchool: Mobile- Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2025
Closed on
Jun 3, 2025
Sold by
Still Waters Housing Llc
Bought by
Flex Properties Llc
Seller's Agent
Taylor Pettway
Goode Realty of Mobile LLC
Buyer's Agent
Taylor Pettway
Goode Realty of Mobile LLC
List Price
$900,000
Sold Price
$900,000
Total Days on Market
69
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.69%

Purchase Details

Closed on
Oct 22, 2021
Sold by
Triple-Play Real Estateinvestments Llc
Bought by
Still Waters Housing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,000
Interest Rate
3.01%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 26, 2019
Sold by
Levine Susan
Bought by
Triple Play Real Estath Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,756
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 13, 2019
Sold by
Levine Susan
Bought by
Levine Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,756
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 24, 2019
Sold by
Abrams Eileen L and Couick Abby
Bought by
Levine Susan
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $900,000 Delta South Title Inc
Warranty Deed $320,000 None Listed On Document
Warranty Deed $305,000 None Available
Deed Of Distribution -- None Available
Deed $81,250 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $391,000 Construction
Previous Owner $246,756 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Sold $900,000 0.0% --
03/25/2025 03/25/25 Pending -- -- --
01/16/2025 01/16/25 For Sale $900,000 -- --
Source: Baldwin REALTORS®

Tax History Compared to Growth

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
2024 $3,964 $60,520 $10,500 $50,020
2023 $3,964 $65,180 $9,700 $55,480
2022 $4,101 $64,420 $7,040 $57,380
2021 $4,091 $64,420 $7,040 $57,380
2020 $4,091 $64,420 $7,040 $57,380
2019 $4,012 $63,180 $6,060 $57,120
2018 $4,012 $63,180 $0 $0
2017 $3,971 $62,540 $0 $0
2016 $4,030 $63,460 $0 $0
2013 $4,718 $71,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2025

    Taylor Pettway

    Goode Realty of Mobile LLC

  • G

    Seller Co-Listing Agent in 2025

    Ginny Byrd

    Goode Realty of Mobile LLC

See All Agents

Map

Source: Baldwin REALTORS®

MLS Number: 372888

Baldwin REALTORS®

APN: 29-07-24-0-003-059

Alabama Mobile County Mobile 36607 Midtown Mobile

5 N Fulton St, Mobile, AL

This home is located at 5 N Fulton St, Mobile, AL 36607 and is currently priced at $900,000, approximately $112 per square foot. This property was built in 1986. 5 N Fulton St is a home located in Mobile County with nearby schools including Florence Howard Elementary School, Booker T. Washington Middle School, and Murphy High School.

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.

Baldwin 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.

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