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Mobile, AL Apartment Buildings for Sale

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17 results
Midtown Multi-Unit Investment Opportunity
$600,000
3,576 SF

Midtown Multi-Unit Investment Opportunity

266 Rickarby Street, Mobile, AL 36606

Six fully leased units in a convenient Midtown location.

  • Six fully occupied units provide immediate rental income.
  • Convenient Midtown location with easy access to major thoroughfares and downtown Mobile.
  • Two separate 3‑unit apartment buildings included in the sale.
  • Attractive unit mix of four 2‑bedroom, 1‑bath and two 1‑bedroom, 1‑bath apartments.
  • Rents range from $500 to $800 per month, with one unit participating in Section 8.
Updated: Mar 20
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Six-Unit Apartment Building For Sale
$475,000
5,911 SF

Six-Unit Apartment Building For Sale

207 Michigan Avenue, Mobile, AL 36604

Income-generating six-unit apartment building with renovation upside.

  • Income‑generating property from closing day with over $5,500/month gross rent.
  • Mix of long‑term and short‑term rental units for diversified income streams.
  • Professional property management in place, ideal for out‑of‑town buyers.
  • Strategic location on Michigan Avenue, a corridor to the interstate and new Mobile International Airport.
  • Partially renovated with potential to increase rents through further updates.
Updated: Apr 1
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Renovated High-Income Apartment Building
$600,000
2,666 SF

Renovated High-Income Apartment Building

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

1300 Illinois Street, Mobile, AL 36604
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Midtown Mobile Multifamily Investment
$600,000
0.34 Acres

Midtown Mobile Multifamily Investment

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

266 Rickarby Street, Mobile, AL 36606
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Midtown Mobile Apartment Complex
$715,000
0.24 Acres

Midtown Mobile Apartment Complex

Updated ten-unit apartment complex near Downtown Mobile.

302 Michigan Avenue, Mobile, AL 36604
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Midtown Mobile Multifamily Investment Opportunity
$799,000
5,910 SF

Midtown Mobile Multifamily Investment Opportunity

Nine-unit apartment complex in Midtown Mobile, 100% occupied.

203 Mohawk Street, Mobile, AL 36606
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Mobile Multifamily Investment Opportunity
$475,000
0.14 Acres

Mobile Multifamily Investment Opportunity

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

207 Michigan Avenue, Mobile, AL 36604
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Renovated Multifamily Investment Opportunity
$600,000
0.17 Acres

Renovated Multifamily Investment Opportunity

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

1300 Illinois Street, Mobile, AL 36604
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Midtown Mobile Multifamily Investment
$799,000
0.32 Acres

Midtown Mobile Multifamily Investment

Nine-unit apartment complex in Midtown Mobile, fully occupied.

203 Mohawk Street, Mobile, AL 36606
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Updated 5-Unit Studio Complex
$350,000
0.12 Acres

Updated 5-Unit Studio Complex

Updated 5-unit studio complex in Mobile, Alabama.

659 Maple Street, Mobile, AL 36603
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Six-Unit Apartment Building on Michigan
$475,000
5,911 SF

Six-Unit Apartment Building on Michigan

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

207 Michigan Avenue, Mobile, AL 36604
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Midtown Investment Opportunity
$600,000
3,576 SF

Midtown Investment Opportunity

Two buildings with six fully leased units in Midtown Mobile.

266 Rickarby Street, Mobile, AL 36606
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Renovated Income-Producing Apartment Building
$600,000

Renovated Income-Producing Apartment Building

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

1300 Illinois Street, Mobile, AL 36604
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Midtown Mobile Ten-Unit Apartment Complex
$715,000

Midtown Mobile Ten-Unit Apartment Complex

Updated ten-unit apartment complex near Downtown Mobile.

302 Michigan Avenue, Mobile, AL 36604
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Updated Studio Style Apartment Complex
$350,000

Updated Studio Style Apartment Complex

Updated 5-unit studio complex with two additional lots.

659 Maple Street, Mobile, AL 36603
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Midtown Mobile Investment Opportunity
$1,270,000

Midtown Mobile Investment Opportunity

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

16-22 S Florida Street, Mobile, AL 36606
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Renovated Multifamily Property in Mobile
Contact for pricing
21,120 SF

Renovated Multifamily Property in Mobile

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

2219 Dauphin Island Pkwy, Mobile, AL 36605
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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Mobile, AL, we suggest to view alternatives - similar 24 Off-Market properties to explore as potential leads.

Explore 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

333 Baldwin Dr

GARDEN APT, COURT APT (5+ UNITS) • 3,200 SF
Value Estimation by Request
333 Baldwin Dr, Mobile, AL 36610-1602
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2320 Dauphin Is Pkwy

2320 Dauphin Is Pkwy

GARDEN APT, COURT APT (5+ UNITS) • 11,019 SF
Value Estimation
$850,000
2320 Dauphin Is Pkwy, Mobile, AL 36605-3454
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5745 Katherine Hankins Dr

5745 Katherine Hankins Dr

Multifamily properties • 1.19 Acres
Value Estimation by Request
5745 Katherine Hankins Dr, Theodore, AL 36582
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304 Michigan Ave

304 Michigan Ave

Multifamily properties • 4,400 SF
Value Estimation by Request
304 Michigan Ave, Mobile, AL 36604
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1763 Old Canal St

1763 Old Canal St

Multifamily properties
Value Estimation by Request
1763 Old Canal St, Mobile, AL 36605
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3171 Pleasant Valley Rd

3171 Pleasant Valley Rd

Multifamily properties
Value Estimation by Request
3171 Pleasant Valley Rd, Mobile, AL 36606
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2010 Service Rd

2010 Service Rd

Multifamily properties
Value Estimation by Request
2010 Service Rd, Mobile, AL 36617
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Mobile, AL Apartment Buildings Investment Opportunities Market Analysis

Explore 41 apartment buildings for sale in Mobile, AL, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 1,358,359 square feet of properties for sale, with an estimated market value of $8,558,000.

Sale prices for two-family homes in Mobile, AL start at $300,000, averaging $475,444, and reaching up to $799,000 — 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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