VALUE RANGE PRICING. SELLER TO CONSIDER OFFERS FROM $549,000 TO $569,000. THE LOWER AND UPPER VALUE RANGES OF THE MARKET.
Fully leased quadplex investment opportunity in Midtown Mobile, just minutes from Downtown. This income-producing property currently generates $4,250 per month in gross rental income, with executed leases in place for all four units. Tenants are responsible for their own utilities, and each unit has its own power meter, water meter, water heater, and central HVAC system.
Major recent improvements include a new FORTIFIED roof completed in 2026, replacement of the main 6-inch sewer line in 2026, HVAC systems replaced since 2018/2019, and post-COVID water heaters. Unit B was also renovated in 2025 with new carpet, interior paint, light fixtures, and a new stove. No HOA.
With established tenants, current leases in place, and significant recent capital improvements already completed, this property offers the opportunity to acquire a stabilized, income-producing asset in a highly visible Midtown location. Financial information, rent roll, leases, and additional property documents available upon request. Buyer and/or buyer's agent to verify all details.
Property Type(s):
Multi Family
|
Last Updated
|
7/13/2026
|
Tract
|
Daughdrill & Kennedy
|
|
Year Built
|
1915
|
County
|
Mobile - AL
|
SCHOOLS
| Elementary School |
Florence Howard |
| Jr. High School |
Calloway Smith |
| High School |
Murphy |
Additional Details
| AIR |
Ceiling Fan(s), Central Air |
| AIR CONDITIONING |
Yes |
| CONSTRUCTION |
Frame |
| HEAT |
Central |
| LOT |
7880 sq ft |
| LOT DESCRIPTION |
Other |
| LOT DIMENSIONS |
7880.004 |
| PARKING |
Parking Lot |
| SEWER |
Public Sewer |
| STORIES |
Split/Multi Level |
| SUBDIVISION |
Daughdrill & Kennedy |
| TAXES |
1819 |
| UTILITIES |
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City |
| WATER |
Public |
Location
Listing provided by Ryann Lee with Keller Williams Mobile
All information provided is deemed reliable but is not guaranteed or warranted and should be independently verified. The data relating to real estate for sale on this web site comes in part from the IDX/RETS Program of the Gulf Coast Multiple Listing Service, Inc. IDX/RETSreal estate listings displayed which are held by other brokerage firms contain the name of the listing firm. The information being provided is for consumer’s personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2003 Gulf Coast Multiple Listing Service, Inc. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.
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