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    Mobile County, AL Apartment Buildings for Sale

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    Mobile, AL Birmingham, AL Montgomery, AL Huntsville, AL Foley, AL Tuscaloosa, AL Dothan, AL Crane Hill, AL
    20 properties
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    Nine-Unit Apartment Complex
    Updated: Mar 20
    Nine-Unit Apartment Complex

    203 Mohawk Street, Mobile, AL 36606

    $799,000
    5,910 sqft 0.32 AC lot
    Nine total units with 1- and 2‑bedroom layouts, each with 1 bathroom
    Currently 100% occupied
    All‑electric building with window air‑conditioning units
    City water and city sewer service
    Each unit includes a stove and refrigerator; one unit has tenant‑owned refrigerator
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    This listing looks promising.

    Here's a quick look at some key insights for

    203 Mohawk Street, Mobile, AL 36606

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    • Est. Cap Rate

      6.1%
      Above avg (5.9%)

    • Est. NOI

      $49K
      Annual

    • Price @ 7% Cap

      $700K
      Suggested

    • Property Type

      Apartments (Generic)
      Built 1945
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    Six-Unit Apartment Buildings
    Updated: Mar 20
    Six-Unit Apartment Buildings

    266 Rickarby Street, Mobile, AL 36606

    $600,000
    3,576 sqft 0.34 AC lot
    Two separate three‑unit apartment buildings at 264 and 266 Rickarby Street
    Six fully leased apartments with four 2‑bedroom units and two 1‑bedroom units
    3,576 square feet on a 0.3398‑acre site
    Each apartment includes 1 bathroom and window HVAC
    Served by gas, electricity, city water, and city sewer
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    Renovated Six-Unit Apartment Building
    Renovated Six-Unit Apartment Building

    1300 Illinois Street, Mobile, AL 36604

    $600,000
    2,666 sqft

    Mixed short- and long-term rental configuration with updated building systems and professional management.

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    Midtown Investment Opportunity
    Midtown Investment Opportunity

    266 Rickarby Street, Mobile, AL 36606

    $600,000
    3,576 sqft

    Two buildings with six fully leased units in Midtown Mobile.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    6-Unit Apartment Building
    6-Unit Apartment Building

    207 Michigan Avenue, Mobile, AL 36604

    $435,000
    5,911 sqft 0.13 AC lot

    Six residential units include a mix of one-bedroom apartments and studios under professional management.

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    Midtown Mobile Multifamily Investment
    Midtown Mobile Multifamily Investment

    266 Rickarby Street, Mobile, AL 36606

    $600,000
    0.34 AC lot

    Six-unit apartment buildings in Midtown Mobile with immediate rental income.

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    Remodeled 5-Unit Apartment Building
    Remodeled 5-Unit Apartment Building

    104 N Ann Street, Mobile, AL 36604

    $875,000
    0.43 AC lot

    Updated interiors feature high ceilings, stone countertops, and a mix of vinyl, laminate, and tile flooring.

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    Six-Unit Apartment Building on Michigan
    Six-Unit Apartment Building on Michigan

    207 Michigan Avenue, Mobile, AL 36604

    $475,000
    5,911 sqft

    Six-unit apartment building with income potential near Mobile International Airport.

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    Renovated Multifamily Investment Opportunity
    Renovated Multifamily Investment Opportunity

    1300 Illinois Street, Mobile, AL 36604

    $600,000
    0.17 AC lot

    High-income producing six-unit apartment building with diversified income streams.

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    9-Unit Apartment Building
    9-Unit Apartment Building

    203 Mohawk Street, Mobile, AL 36606

    $799,000
    0.32 AC lot

    Nine units with 1- and 2-bedroom layouts, window A/C units, and all-electric service with public water and public sewer.

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    Fully Occupied 34-Unit Apartment Community
    Fully Occupied 34-Unit Apartment Community

    6601 Old Shell Rd, Mobile, AL 36608

    Contact for pricing
    32,300 sqft

    Built in 1973, this fully occupied 34-unit multifamily property offers consistent two-bedroom, one-bath units.

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    Six-Unit Partially Renovated Apartment Building
    Six-Unit Partially Renovated Apartment Building

    207 Michigan Avenue, Mobile, AL 36604

    $435,000
    0.14 AC lot

    Six-unit apartment building with a mix of one-bed units and studios, partially renovated with recent mechanical and exterior updates.

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    Affordable Multifamily LIHTC Community
    Affordable Multifamily LIHTC Community

    8730 University Rd, Bayou La Batre, AL 36509

    Contact for pricing
    58,875 sqft

    55-unit LIHTC multifamily community with clubhouse, business center, and playground amenities.

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    Renovated Multifamily Property in Mobile
    Renovated Multifamily Property in Mobile

    2219 Dauphin Island Pkwy, Mobile, AL 36605

    Contact for pricing
    21,120 sqft

    32-unit apartment building with 100% occupancy in Mobile, AL.

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    Renovated Income-Producing Apartment Building
    Renovated Income-Producing Apartment Building

    1300 Illinois Street, Mobile, AL 36604

    $600,000

    Six-unit apartment building with short-term and long-term rental income.

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    Renovated 32-Unit Apartment Community
    Renovated 32-Unit Apartment Community

    2901 Pleasant Valley Rd, Mobile, AL 36606

    $2,080,000

    Turnkey 32-unit multifamily offers newly renovated one-bedroom units with updated LVP flooring and fixtures.

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    Remodeled Historic 5-Unit Building
    Remodeled Historic 5-Unit Building

    104 N Ann Street, Mobile, AL 36604

    $950,000

    Remodeled historic 5-unit apartment building with modern interior finishes and high ceilings across the units.

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    New Student Housing Community
    New Student Housing Community

    6640 Old Shell Rd |, Mobile, AL 36608

    Contact for pricing
    85 sqft

    Purpose-built student housing community near the University of South Alabama.

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    Midtown Mobile Investment Opportunity
    Midtown Mobile Investment Opportunity

    16-22 S Florida Street, Mobile, AL 36606

    $1,199,900

    Fully furnished 8-unit apartment complex with short-term rental history.

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    Student Housing Cottages Community
    Student Housing Cottages Community

    100 Long St, Mobile, AL 36608

    Contact for pricing

    Newly constructed, gated cottage community with 27 two-story houses offering 82 bedrooms across 2, 3, and 4-bedroom layouts.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 20 Active Listings in Mobile County, AL, we suggest to view alternatives - similar 27 Off-Market properties to explore as potential leads.

    Off-Market Properties in Mobile County, AL

    Consider similar Off-Market properties in Mobile County, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    333 Baldwin Dr
    GARDEN APT, COURT APT (5+ UNITS)

    333 Baldwin Dr, Mobile, AL 36610-1602

    Value Estimation by Request
    3,200 sqft 0.32 AC lot
    View details
    2320 Dauphin Is Pkwy
    GARDEN APT, COURT APT (5+ UNITS)

    2320 Dauphin Is Pkwy, Mobile, AL 36605-3454

    $850,000
    Estimated value
    11,019 sqft 0.62 AC lot
    View details
    5745 Katherine Hankins Dr
    Multifamily properties

    5745 Katherine Hankins Dr, Theodore, AL 36582

    Value Estimation by Request
    1.19 AC lot
    View details
    304 Michigan Ave
    Multifamily properties

    304 Michigan Ave, Mobile, AL 36604

    Value Estimation by Request
    4,400 sqft 0.45 AC lot
    View details

    Mobile County, AL Apartment Buildings Market Trends and Statistics

    Explore 47 apartment buildings for sale in Mobile County, AL, showcased through 20 active listings on our real estate platform. These investment opportunities span a total of 139,930 square feet of properties for sale, with an estimated market value of $11,647,900.

    Sale prices for two-family homes in Mobile County, AL start at $435,000, averaging $776,526, and reaching up to $2,080,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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