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    Mobile, AL Apartment Buildings for Sale

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    Florence, AL Eight Mile, AL Chickasaw, AL Semmes, AL Saraland, AL Wilmer, AL Spanish Fort, AL Waterloo, AL
    22 properties
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    9-Unit Apartment Building
    Updated: Mar 20
    9-Unit Apartment Building

    203 Mohawk Street, Mobile, AL 36606

    $799,000
    5,910 sqft 0.32 AC lot
    9‑unit apartment property with a mix of 1- and 2‑bedroom units, each with 1 bathroom
    Currently 100% occupied
    5,910 square feet on 0.3202 acres
    MultiFamily zoning with city water and city sewer service
    Window air‑conditioning units and all‑electric utilities
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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
    Six fully occupied apartments across two separate three‑unit buildings
    Unit mix includes four 2‑bedroom, 1‑bath apartments and two 1‑bedroom, 1‑bath apartments
    3,576 square feet on 0.3398 acres
    Located at 264 and 266 Rickarby Street, just south of Government Street
    Gas, electricity, city water, and city sewer service
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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 0.16 AC lot

    Multifamily property combining furnished short-term rentals, long-term tenancy, and a coin-operated laundry facility.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Fully Occupied 34-Unit Apartment Community
    Fully Occupied 34-Unit Apartment Community

    6601 Old Shell Rd, Mobile, AL 36608

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    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 Apartment Building
    Six-Unit Apartment Building

    207 Michigan Avenue, Mobile, AL 36604

    $435,000
    5,911 sqft 0.13 AC lot

    Partially renovated multifamily property with five long-term units and one short-term rental unit.

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    Two-Building Six-Unit Apartment Property
    Two-Building Six-Unit Apartment Property

    266 Rickarby Street, Mobile, AL 36606

    $600,000
    0.34 AC lot

    Fully leased apartments offer hardwood flooring, window HVAC units, and public water and sewer service.

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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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    Renovated Multifamily Property in Mobile
    Renovated Multifamily Property in Mobile

    2219 Dauphin Island Pkwy, Mobile, AL 36605

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    21,120 sqft

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

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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 multiple flooring finishes.

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    9-Unit Apartment Building
    9-Unit Apartment Building

    203 Mohawk Street, Mobile, AL 36606

    $799,000
    0.32 AC lot

    Fully occupied residential property with mixed one- and two-bedroom layouts, electric service, and resident parking.

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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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    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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    New Student Housing Community
    New Student Housing Community

    6640 Old Shell Rd |, Mobile, AL 36608

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    85 sqft

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

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    40-Unit Apartment Building
    40-Unit Apartment Building

    1972 Wagner St, Mobile, AL 36617

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    Renovated multifamily property with a 100% HAP contract near downtown, parks, and schools.

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    Student Housing Cottages Community
    Student Housing Cottages Community

    100 Long St, Mobile, AL 36608

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

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    Student Housing Cottage Property
    Student Housing Cottage Property

    5807 Waltman Ln, Mobile, AL 36608

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    Built in 2021, this student housing property includes 27 standalone cottages with washer/dryer and granite countertops.

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    Two-Bedroom Multifamily Portfolio
    Two-Bedroom Multifamily Portfolio

    1706 Virginia Street, Mobile, AL 36604

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    Multifamily portfolio with 2-bedroom apartment floor plans constructed in 1950 and 1988 near Mobile’s city core.

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    Class A Apartment Building
    Class A Apartment Building

    1400 Church St, Mobile, AL 36604

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    Six-unit property with hardwood floors and finished interiors near coffee, shopping, dining, and downtown Mobile.

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    12-Unit Apartment Building
    12-Unit Apartment Building

    55 East Dr, Mobile, AL 36608

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    Updated interiors and on-site parking support a compact apartment community across from the University of South Alabama.

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    71-Unit Apartment Portfolio
    71-Unit Apartment Portfolio

    1302 Navco Rd | 728 Jonston Rd | 1706 Virginia St, Mobile, AL 36605

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    Three apartment communities are assembled within a compact Mobile-area footprint with current occupancy across the portfolio.

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    Wakefield Apartments
    Wakefield Apartments

    561 Village Green Dr E, Mobile, AL 36609

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    Garden-style community with two-bedroom, two-bath residences in Mobile.

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    102-Unit Villa-Style Apartment Building
    102-Unit Villa-Style Apartment Building

    1601 Neshota Dr, Mobile, AL 36605

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    Villa-style apartment community with recent roof, exterior, and select interior improvements.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Mobile, AL, we suggest to view alternatives - similar 24 Off-Market properties to explore as potential leads.

    Off-Market Properties in Mobile, AL

    Consider similar Off-Market properties in Mobile, 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

    $345,000
    Estimated value
    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

    Mobile, AL Apartment Buildings Market Trends and Statistics

    Explore 46 apartment buildings for sale in Mobile, AL, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 71,568 square feet of properties for sale, with an estimated market value of $7,823,000.

    Sale prices for two-family homes in Mobile, AL start at $435,000, averaging $782,300, 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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    Demographics Overview

    Population 279K
    Population Growth (5Y) -6.1%
    Median Household Income $56,578
    College Educated 16.3%

    High-Yield Neighborhoods for Investment

    Identify Mobile submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    36604 $589K
    36606 $975.6K

    Taxes & Financing

    Tax Rate (average for all types) 5.67%
    Property Tax per SF $96.49 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Mobile County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Mobile County

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Mobile fall within the 100,000+ square foot range.

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    Popular Searches in Mobile, AL

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    Most Searched ZIP Codes in Mobile, AL

    • 36604
    • 36606
    • 36608
    • 36605
    • 36609
    • 36617

    Featured Mobile Real Estate Agencies

    Realmo connects you with licensed Mobile CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Keller Williams Realty Mobile
    1210 Hillcrest Road, Suite 200 Mobile, AL 36695
    Phone: 12516625660

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