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    Mobile, AL Apartment Buildings for Sale

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    Whistler, AL Chickasaw, AL Florence, AL Semmes, AL Saraland, AL Wilmer, AL Spanish Fort, AL Waterloo, AL
    10 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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    9-Unit Apartment Building
    Updated: Mar 20
    9-Unit Apartment Building

    203 Mohawk Street, Mobile, AL 36606

    $799,000
    0.32 AC lot
    9‑unit apartment property with a mix of 1- and 2‑bedroom units
    100% occupied across the property
    Each unit includes 1 bathroom, a stove, and a refrigerator, with one tenant‑owned refrigerator
    Window air‑conditioning units and all‑electric service
    Public water and public sewer
    View details
    Two-Building Six-Unit Apartment Property
    Two-Building Six-Unit Apartment Property

    266 Rickarby Street, Mobile, AL 36606

    $399,750
    0.34 AC lot

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

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    See hot listings in Mobile

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    12-Unit Apartment Building
    12-Unit Apartment Building

    2508 Highland Dr, Mobile, AL 36617

    $225,000
    9,744 sqft

    Each residence offers a two-bedroom, one-bath layout, with renovation work underway across the property.

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    12-Unit Apartment Building
    12-Unit Apartment Building

    2508 Highland Drive, Mobile, AL 36617

    $225,000

    Each residence has two bedrooms, one bathroom, a living room, and a kitchen with dining space.

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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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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    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 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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    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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    Multifamily Portfolio in Mobile, AL
    Multifamily Portfolio in Mobile, AL

    2904 Pleasant Valley Rd, Mobile, AL 36606

    $4,500,000

    149-unit multifamily portfolio in Mobile, Alabama.

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    Based on your search, we've compiled 38 Potential Opportunities for your consideration. Besides 10 Active listings in Mobile, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 24 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    14-Unit Apartment Complex
    14-Unit Apartment Complex

    9271 Highway 613, Lucedale, MS 39452

    $1,300,000
    12,410 sqft 4.20 AC lot

    A renovated multifamily property with one- and two-bedroom homes and a dedicated parking space for each unit.

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    Remodeled 14-Unit Apartment Complex
    Remodeled 14-Unit Apartment Complex

    9271 Highway 613, Lucedale, MS 39452

    $1,300,000
    12,410 sqft 4.20 AC lot

    Fully occupied multifamily property with dedicated parking, public water, fiber internet, and tenant-paid utilities.

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    Remodeled Apartment Property
    Remodeled Apartment Property

    606 ,, 706 N Alston Street, Foley, AL 36535

    $1,349,000
    8,468 sqft 0.43 AC lot

    The property combines rental units with B-1 zoning and legally nonconforming residential occupancy.

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    Multi-Family
    Multi-Family

    531 W Laurel Ave, Foley, AL 36535

    $679,000
    3,743 sqft 0.50 AC lot

    Apartment buildings · 3,743 SF

    View details

    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

    Estimated value:
    $345,000
    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

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

    5745 Katherine Hankins Dr, Theodore, AL 36582

    Estimated value: by Request
    1.19 AC lot
    View details
    304 Michigan Ave
    Multifamily properties

    304 Michigan Ave, Mobile, AL 36604

    Estimated value: by Request
    4,400 sqft 0.45 AC lot
    View details
    1763 Old Canal St
    Multifamily properties

    1763 Old Canal St, Mobile, AL 36605

    Estimated value: by Request
    View details
    3171 Pleasant Valley Rd
    Multifamily properties

    3171 Pleasant Valley Rd, Mobile, AL 36606

    Estimated value: by Request
    View details
    Doris Faye Williams St
    GARDEN APT, COURT APT (5+ UNITS)

    Doris Faye Williams St, Mobile, AL 36610

    Estimated value:
    $330,000
    9,699 sqft 1.30 AC lot
    View details
    Mobile, AL 36610
    GARDEN APT, COURT APT (5+ UNITS)

    Mobile, AL 36610

    Estimated value:
    $335,000
    8,712 sqft 1.83 AC lot
    View details
    Mobile, AL 36610
    GARDEN APT, COURT APT (5+ UNITS)

    Mobile, AL 36610

    Estimated value:
    $635,000
    7,310 sqft 0.78 AC lot
    View details
    Mobile, AL 36610
    GARDEN APT, COURT APT (5+ UNITS)

    Mobile, AL 36610

    Estimated value:
    $635,000
    7,310 sqft 0.78 AC lot
    View details
    Mobile, AL 36610
    GARDEN APT, COURT APT (5+ UNITS)

    Mobile, AL 36610

    Estimated value:
    $405,000
    5,996 sqft 6.20 AC lot
    View details
    Mobile, AL 36610
    GARDEN APT, COURT APT (5+ UNITS)

    Mobile, AL 36610

    Estimated value:
    $635,000
    7,310 sqft 0.78 AC lot
    View details
    Mobile, AL 36610
    GARDEN APT, COURT APT (5+ UNITS)

    Mobile, AL 36610

    Estimated value:
    $635,000
    7,310 sqft 0.80 AC lot
    View details

    Mobile, AL Apartment Buildings Market Trends and Statistics

    Explore 34 apartment buildings for sale in Mobile, AL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 69,159 square feet of properties for sale, with an estimated market value of $9,027,750.

    Sale prices for apartment complexes in Mobile, AL start at $225,000, averaging $1,289,678, and reaching up to $4,500,000 — 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
    36617 $225K
    36604 $668.8K
    36606 $1.7M

    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)

    Property Size Breakdown

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

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Mobile, AL

    • 36606
    • 36608
    • 36617
    • 36604
    • 36605

    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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