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4-Unit Multifamily Property
For Sale
$510,000

1010 Dauphin Street, Mobile, AL 36604

All four residences have individual utility meters and central HVAC systems.

Property SizeContact for details
Days on Market109

Property Features for 1010 Dauphin Street

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multi Family Home
Occupancy 100%

Units

Multifamily Units 4
Individually Metered Utilities electricity, water

Additional Details

Gross Income $51,000
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $1,819

Building Details

Year Built 1915
Stories 2
Units 4
Listing Agency: Keller Williams Mobile
Listed By: Ryann Lee
Source: Gracetysonrealestate
Added: Jul 13 Changed: Oct 25 Last Checked: Oct 26 at 4:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Mobile

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Investment Insights

Based on property information with market context.

This four-unit property in Midtown Mobile is leased across all residences, with executed leases in place. Each unit has its own power and water meters, water heater, and central HVAC system; tenants handle their utility accounts. There is no HOA.

Capital work includes a FORTIFIED roof installed in 2026 and replacement of the main 6-inch sewer line that same year. HVAC systems have been replaced since 2018/2019, and the water heaters were installed post-COVID. Unit B received new carpet, interior paint, light fixtures, and a stove in 2025.

The property is at 1010 Dauphin Street, with Downtown Mobile described as minutes away. The building dates to 1915.

Key Highlights

  • All four units have executed leases in place
  • FORTIFIED roof completed in 2026
  • Main 6‑inch sewer line replaced in 2026

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,318
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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - All four residences have individual utility meters and central HVAC systems.
Where is this quadplex located?
The property is located at 1010 Dauphin Street Mobile, AL.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: All four units have executed leases in place; FORTIFIED roof completed in 2026; Main 6‑inch sewer line replaced in 2026
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