Brandi Wilkinson
Responds Quickly
Cooper & Co Inc
(251) 220-0583
76 Total Sales
2 in Oakdale
$99,000 Price Range
907 S Dearborn St Mobile, AL 36603
Oakdale Neighborhood
--
Beds
--
Baths
970
Sq Ft
6,508
Sq Ft Lot
About This Home
As of June 2026Income-Producing Investment Property – 907 S. Dearborn Street, Mobile, AL Excellent opportunity to own a cash-flowing property in the heart of Mobile! This charming single-family home is currently leased at $1,000 per month, offering immediate rental income from day one. The home features 2 bedrooms and 1 bath, a comfortable living space, and a functional floor plan perfect for tenants seeking affordable housing close to downtown amenities. The property sits on a quiet residential street just minutes from Downtown Mobile, schools, shopping, and major commuter routes. With stable rental income and tenant in place, this home makes an ideal addition to an investor’s portfolio or a great starting point for new landlords looking for passive income. Key Highlights: Address: 907 S. Dearborn Street, Mobile, AL
Rental Income: $1,000/month (tenant in place)
Single-family home Convenient location near downtown Mobile
Long-term investment potential with steady returns
Whether you’re expanding your real estate holdings or seeking your first rental property, this home offers dependable monthly income and solid appreciation potential in a growing area.
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Property Details
Home Type
Multi-Family
Lot Details
6,508 Sq Ft Lot
Listing Details
- Property Type: Residential Income
- Community Features: None
- Fencing: Back Yard
- Lot Features: Other
- LotSizeAcres: 0.1494
- View: Other
- Has View?: Yes
- Waterfront Features: None
- Waterfront?: No
- Co List Office Mls Id: GCMREMX01
- Co List Office Phone: 251-660-8400
- Subdivision Name: Metes & Bounds
- Accessibility Features: None
- Has Cooling?: Yes
- Heating: Central
- Unit Levels: One
- Efficiency: None
- Parcel #: 2910370003025
- GCMLS2_MlsPropertyType: Residential Income
- Special Features: None
- Property Sub Type: MultiFamily
Interior Features
- Window Features: None
Exterior Features
- Construction Type: Frame, Stone
- Roof: Asbestos Shingle
Garage/Parking
- Parking Features: Driveway
Utilities
- Cooling: Central Air
- Heating Yn: Yes
- Sewer: Public Sewer
- Utilities: Cable Available, Electricity Available
- Water Source: Public
Schools
- Elementary School: Erwin Craighead
- High School: Ben C Rain
- Middle Or Junior School: Calloway Smith
Lot Info
- Lot Size Sq Ft: 6507.864
Multi Family
- Number Of Units Total: 1
Tax Info
- Tax Annual Amount: 646
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 21, 2026
Closed on
Jun 17, 2026
Sold by
Emily Power Llc
Bought by
Seller's Agent
Cathy Matter
RE/MAX Partners
Buyer's Agent
Justin Wilhelmy
IXL Real Estate LLC
List Price
$77,000
Sold Price
$55,000
Premium/Discount to List
-$22,000
-28.57%
Views
1811
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
143.11%
Purchase Details
Closed on
Jun 3, 2024
Sold by
Wilson Cory
Bought by
Emily Power Llc
Purchase Details
Listed on
Mar 14, 2023
Closed on
Apr 21, 2023
Sold by
Norcap 1 Llc
Bought by
Wilson Cory
Seller's Agent
Malcolm Seals
TerrDomus LLC
Buyer's Agent
Cathy Matter
RE/MAX Partners
List Price
$60,000
Sold Price
$57,900
Premium/Discount to List
-$2,100
-3.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%
Original Mortgage
$43,425
Interest Rate
6.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 11, 2018
Sold by
Harbour Portfolio Vi Lp
Bought by
Norcap 1 Llc
Purchase Details
Closed on
Nov 24, 2010
Sold by
Fannie Mae
Bought by
Harbour Portfolio Vi Lp
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Oakdale, AL
-
Brandi Wilkinson
-
Hanna Rudzinsky
Hanna Rudzinsky
Eluxe Realty Group LLC
(251) 283-5370
104 Total Sales
1 in Oakdale
$20,000 Price
-
Heidi Hall
Heidi Hall
IXL Real Estate LLC
(251) 385-9994
66 Total Sales
2 in Oakdale
$70,000 Price Range
-
Cathy Matter
Cathy Matter
RE/MAX Partners
(251) 441-4928
43 Total Sales
3 in Oakdale
$55K - $58K Price Range
-
Sherry Andress
Sherry Andress
IXL Real Estate LLC
(251) 385-9923
49 Total Sales
1 in Oakdale
$80,000 Price
-
Chenease Coleman
Chenease Coleman
eXp Realty Southern Branch
(251) 351-1913
62 Total Sales
4 in Oakdale
$18K - $135K Price Range
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 | $55,000 | Delta South Title Inc | |
| Warranty Deed | $50,900 | Delta South Title Inc | |
| Warranty Deed | $57,900 | None Listed On Document | |
| Quit Claim Deed | $18,386 | None Available | |
| Special Warranty Deed | $1,814 | None Available |
Source: Public Records
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 |
|---|---|---|---|
| Previous Owner | $43,425 | New Conventional | |
| Previous Owner | $38,400 | Unknown |
Source: Public Records
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 |
|---|---|---|---|---|---|
| 06/22/2026 06/22/26 | Sold | $55,000 | 0.0% | $57 / Sq Ft | |
| 06/22/2026 06/22/26 | Off Market | $55,000 | -- | -- | |
| 05/27/2026 05/27/26 | For Sale | $77,000 | 0.0% | $79 / Sq Ft | |
| 04/23/2026 04/23/26 | Pending | -- | -- | -- | |
| 04/21/2026 04/21/26 | For Sale | $77,000 | 0.0% | $79 / Sq Ft | |
| 02/06/2026 02/06/26 | Pending | -- | -- | -- | |
| 01/21/2026 01/21/26 | For Sale | $77,000 | 0.0% | $79 / Sq Ft | |
| 03/13/2025 03/13/25 | Rented | $1,000 | -16.7% | -- | |
| 08/13/2024 08/13/24 | For Rent | $1,200 | 0.0% | -- | |
| 04/21/2023 04/21/23 | Sold | $57,900 | -3.5% | $60 / Sq Ft | View Prior Sale |
| 03/21/2023 03/21/23 | Pending | -- | -- | -- | |
| 03/14/2023 03/14/23 | For Sale | $60,000 | -- | $62 / Sq Ft |
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)
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 | $667 | $10,340 | $1,600 | $8,740 |
| 2024 | $667 | $10,180 | $1,200 | $8,980 |
| 2023 | $340 | $5,200 | $1,200 | $4,000 |
| 2022 | $284 | $4,480 | $960 | $3,520 |
| 2021 | $284 | $4,480 | $960 | $3,520 |
| 2020 | $267 | $4,200 | $960 | $3,240 |
| 2019 | $309 | $4,860 | $960 | $3,900 |
| 2018 | $309 | $4,860 | $0 | $0 |
| 2017 | $309 | $4,860 | $0 | $0 |
| 2016 | $324 | $5,100 | $0 | $0 |
| 2013 | $345 | $5,320 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cathy Matter
Seller's Agent in 2026
Cathy Matter
RE/MAX Partners
(251) 660-8400
2 in this area
43 Total Sales
-
Justin Wilhelmy
Buyer's Agent in 2026
Justin Wilhelmy
IXL Real Estate LLC
(251) 656-1581
1 in this area
85 Total Sales
-
Malcolm Seals
Seller's Agent in 2023
Malcolm Seals
TerrDomus LLC
(251) 758-3148
1 in this area
277 Total Sales
Map
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)
MLS Number: 7707839
APN: 29-10-37-0-003-025
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.
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.
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