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Remodeled 5-Unit Apartment Building
For Sale
$875,000

104 N Ann Street, Mobile, AL 36604

MULTI_FAMILY - Mobile, AL

Property SizeContact for details
Lot Size0.43 Acres
Days on Market112

Property Features for 104 N Ann Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning WithinCorpLimits
Lot features Level
Directions Proceed toward the downtown business district via a primary corridor such as Government Street, Dauphin Street, or Airport Boulevard, depending on your point of origin. Continue eastbound toward the city center until you reach the downtown grid. From there, turn onto N Ann Street, which runs north-south through the downtown area. N Ann Street is located just east of Water Street and within close proximity to Bienville Square. Follow N Ann Street to 104.
Subdivision Mobile County
Standard status Active
APN R022906400008005
Lot size 0.43 Acres

Taxes and HOA fees

Tax Description COMG NE COR OLD SHELL RD & ANN ST TH NLY 40 FT TO POB TH CONT NLY 98 FT TH ELY 228 FT TH SLY 50 FT TH WLY 85 FT(S) TH SLY 48 FT TH WLY 141.5 FT TO POB #SEC 40 T4S R1W #MP29 06 40 0 008
Tax Annual Amount 3697
Legal Description COMG NE COR OLD SHELL RD & ANN ST TH NLY 40 FT TO POB TH CONT NLY 98 FT TH ELY 228 FT TH SLY 50 FT TH WLY 85 FT(S) TH SLY 48 FT TH WLY 141.5 FT TO POB #SEC 40 T4S R1W #MP29 06 40 0 008

Utilities

Utilities Cable Available
Heating system Central

Building Details

Year built 1988
Floors in Building 2
Number of units 5
Flooring type Vinyl, Tile, Laminate
Roof type Composition
Listing Agency: Epique Realty
Listed By: LaShon Spicer · License #167241
Added: Apr 16 Changed: Aug 4 Last Checked: Aug 5 at 1:06PM
MLS# 395169

Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5-unit apartment building was remodeled with a combination of retained character and contemporary interior finishes. The units feature high ceilings, stone countertops, and vinyl, laminate, and tile flooring. Central heating serves the property, which was built in 1988 and includes a composition roof.

The property occupies 0.43 acres within Mobile city limits and is positioned in a walkable area with downtown restaurants, bars, and local businesses accessible by a short drive or Uber ride. An Airbnb operation is already in place, with income history available for review during buyer due diligence.

Cable is available at the property. The existing five-unit configuration and short-term rental operation provide a defined operating framework for the next owner, subject to verification of all information during due diligence.

Key Highlights

  • Five‑unit apartment building with remodeled interiors
  • 0.43‑acre property within Mobile city limits
  • High ceilings and stone countertops in the units

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick HVAC Service Bakery Kitchen & Bath Showroom Carpet & Flooring Store Electrical Service Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,306
Businesses Nearby

Demographics for 36604, AL

8,798
Population
5,032
Households
1.7
Avg Household Size
40
Median Age
42%
College-Educated
93%
High-School Grad
2.6 sq mi
ZIP Area
3,384
Density / Sq Mi
$60,750
Median Household Income
$37,926
Median Earnings
$892
Median Rent
$236,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated interiors feature high ceilings, stone countertops, and a mix of vinyl, laminate, and tile flooring.
Where is this apartment building located?
The property is located at 104 N Ann Street Mobile, AL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Five‑unit apartment building with remodeled interiors; 0.43‑acre property within Mobile city limits; High ceilings and stone countertops in the units
More about this property
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