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    Six-Unit Apartment Building For Sale Title is generated by Realmo AI

    207 Michigan Avenue, Mobile, AL 36604

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    For Sale
    $475,000

    4-10, Multi-Story - Mobile, AL

    Property size:
    5,911 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $80/SF
    Added:
    Apr 1, 2026
    Days on Market:
    48
    Last Refresh:
    May 18 at 4:06 pm

    Property Features for 207 Michigan Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Appliances
    Other
    Standard status
    Active
    APN
    29-10-22-3-003-028.
    Size
    5,911 SF
    Lot size
    0.13 Acres

    Utilities

    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1977
    Floors in Building
    2
    Flooring type
    Tile, Wood
    Architectural style
    Other

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    Listing Contact
    Rameh Khazen
    Rameh Khazen

    Listing agent Rameh Khazen License #93507

    Listing office Bellator Real Estate LLC Mobil 1428 Hillcrest Road, Daphne, AL

    Listing date Apr 1, 2026

    MLS# 394407 Listing URL

    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.

    HighLights

    • 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.
    • Recent updates include mini‑split A/C units, main electrical panel upgrade (2022), partial replumbing, exterior paint, and landscaping.

    Overview

    This six-unit apartment building generates over $5,500 per month in gross rent. The building includes five long-term rental units and one short-term rental unit. Partial renovations have been completed, with opportunities to update additional units and increase rents. Located on Michigan Avenue, the property benefits from its position on the corridor to the interstate for Midtown and the route to the new Mobile International Airport. The property is under professional management. Updates over the last few years include three updated mini-split air conditioners, a main panel upgrade in 2022, and a partial replumb including sewer lines and the majority of plumbing fixtures. An exterior paint job and landscaping were completed around 2023. The building is comprised of four one-bedroom, one-bath units, and two studios. The lot size is 0.13 acres. The property size is 5911 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.067366
    Latitude
    30.680297

    FAQs

    What type of property is this?
    Quadplex - Income-generating six-unit apartment building with renovation upside.
    Where is this quadplex located?
    The property is located at 207 Michigan Avenue Mobile, AL.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: 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.
    More about this property
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