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Six-Unit Partially Renovated Apartment Building
For Sale
$435,000

207 Michigan Avenue, Mobile, AL 36604

MULTI_FAMILY - Mobile, AL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market168

Property Features for 207 Michigan Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Parking 6
Parking features Parking Lot, Driveway
Fencing Fenced
Subdivision Glendale Park
Lot features Level
View City
Elementary school Leinkauf
Middle school Calloway Smith
High school Murphy
Standard status Active
APN 2910223003028
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 3136

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Natural Gas, Electric (Heating), Central
Cooling system Ceiling Fan(s), Central Air, Window Unit(s)
Water source Public

Building Details

Year built 1977
Floors in Building 2
Number of units 6
Flooring type Hardwood, Tile - Ceramic
Building materials Frame
Roof type Slate, Shingle
Listing Agency: Bellator Real Estate LLC Mobile
Listed By: Rameh Dickens Khazen · License #93507
Added: Mar 16 Changed: Aug 3 Last Checked: Aug 30 at 5:06AM
MLS# 7735622

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 six-unit apartment building (frame construction) was built in 1977 and includes four one-bed, one-bath units plus two studios. The building has been partially renovated, with room for additional unit updates. Flooring includes hardwood and ceramic tile. Heating is provided via central systems with natural gas and electric (heating), and cooling is supported by window units, central air, and ceiling fans.

The property is served by public water with public sewer. Parking includes a driveway and a parking lot, and the site is fenced. The roof is shingle and slate.

Recent improvements referenced include three updated mini split air conditioners, a main panel upgrade in 2022, and a partial replumb including sewer lines (with the majority of plumbing fixtures). An exterior paint job and landscaping were completed approximately 2023. The building is located on Michigan Avenue, described as a corridor to both the interstate for Midtown and the route to the new Mobile International Airport, and is currently under professional management.

Key Highlights

  • Six units: four one‑bed, one‑bath apartments plus two studios
  • Partially renovated with three updated mini split air conditioners
  • Main panel upgrade in 2022 plus partial replumb including sewer lines

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Spa & Massage Center Dental Office Real Estate Agency Hair Salon HVAC Service Kitchen & Bath Showroom

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

6
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

593
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit apartment building with a mix of one-bed units and studios, partially renovated with recent mechanical and exterior updates.
Where is this apartment building located?
The property is located at 207 Michigan Avenue Mobile, AL.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Six units: four one‑bed, one‑bath apartments plus two studios; Partially renovated with three updated mini split air conditioners; Main panel upgrade in 2022 plus partial replumb including sewer lines
More about this property
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