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Occupied Three-Unit Triplex
For Sale
$330,000

122 Glenwood Street, Mobile, AL 36606

Residential Income, Mobile, AL

Property SizeContact for details
Lot Size0.22 Acres
Days on Market258

Property Features for 122 Glenwood Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Driveway
Subdivision Dubroca Tract
Lot features Corner Lot
Elementary school Leinkauf
Middle school Booker T Washington
High school Murphy
Standard status Active
APN 2907240006033001
Lot size 0.22 Acres

Taxes and HOA fees

Tax Annual Amount 3164

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air, Electric (Heating)
Cooling system Ceiling Fan(s)
Water source Public

Amenities

coded laundry room

Building Details

Floors in Building 2
Number of units 3
Flooring type Carpet, Laminate, Vinyl, Hardwood
Building materials Vinyl Siding
Roof type Shingle
Listing Agency: RE/MAX Realty Professionals · RE/MAX International
Listed By: Donna Gardner · License #75459
Added: Dec 29, 2025 Changed: Sep 12 Last Checked: Sep 13 at 9:06PM
MLS# 7696274

Copyright © 2026 Mobile Area Association of 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 triplex contains three residential units with a mix of two one-bedroom, one-bath apartments on the lower level and one larger two-bedroom, one-bath apartment upstairs. The property is tenant occupied and recorded at 100% occupancy. Residents have access to a coded laundry room reserved for tenants, along with driveway parking. Construction includes vinyl siding, with laminate, carpet, vinyl, and hardwood flooring across the units. Cooling is provided by ceiling fans, and the property has a shingle roof.

The 0.2165-acre parcel is located in Mobile’s Midtown area, with access to downtown entertainment and business districts. Interstate 10 provides a connection toward Baldwin County, Pensacola, and I-65. Public water and public sewer serve the property, and cable service is available. Interior access requires 48 hours’ notice because the units are occupied.

Key Highlights

  • 3‑unit triplex with two 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit
  • 100% occupied tenant configuration
  • Coded laundry room reserved for tenants

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Dental Office Grocery & Convenience Store Home Appliance Store Bakery Veterinary Clinic

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

3
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

927
Businesses Nearby

Demographics for 36606, AL

19,042
Population
9,129
Households
2.1
Avg Household Size
35
Median Age
29%
College-Educated
89%
High-School Grad
6.8 sq mi
ZIP Area
2,800
Density / Sq Mi
$49,561
Median Household Income
$37,094
Median Earnings
$938
Median Rent
$141,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - Tenant-occupied triplex with private laundry access and driveway parking in Mobile’s Midtown area.
Where is this triplex located?
The property is located at 122 Glenwood Street Mobile, AL.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 3‑unit triplex with two 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit; 100% occupied tenant configuration; Coded laundry room reserved for tenants
More about this property
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