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    361 Fredonia St Mobile, AL 36607

    For Sale
    $79,900

    Residential Income - Mobile, AL

    Lot size:
    0.08 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 11 at 7:06 am

    Property Features for 361 Fredonia St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    290723000234501
    Parking features
    Driveway
    Lot size
    0.08 Acres

    Building Details

    Floors in Building
    1
    Number of units
    1
    Architectural style
    Other

    Gulfbelt Properties, Inc (251) 694-1999 [email protected]

    Listing agent John Napper (251) 694-1999

    Listing date Nov 4, 2025

    MLS# 7676431 Listing URL

    Copyright © 2025 Gulf Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Income Opportunity Near I-65

    This residential income property is a 3/1 home situated on a corner lot. It is conveniently located near shopping, parks, and interstate 65. The property is currently leased for $1000 a month. The home features hardwood floors throughout most of the home, with vinyl plank flooring in the kitchen and bathroom. The kitchen includes appliances, ample cabinet and countertop space, and granite countertops. There is a nice-sized covered front porch, as well as a rear entrance and parking off Elsmore St. The lot size is 0.0756 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.104395
    Latitude
    30.701202

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    FAQs

    What type of property is this?
    Single family property - 3/1 home on corner lot, near shopping and I-65.
    Where is this single family property located?
    The property is located at 361 Fredonia St Mobile, AL.
    What is the asking price?
    The asking price for this property is $79,900.
    What are key features of this property?
    This property features: - Leased for $1000/month providing immediate rental income.; - Convenient location near shopping, parks, and Interstate 65.; - Corner lot property.
    (251) 694-1999
    Request Owner's contact information
    361 Fredonia St Mobile, AL 36607
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    Mobile, AL 36607
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    361 Fredonia St Mobile, AL 36607
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