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Fully Leased Quadplex
For Sale
$510,000

1010 Dauphin Street, Mobile, AL 36604

Residential Income, Mobile, AL

Property SizeContact for details
Lot Size0.18 Acres
Days on Market84

Property Features for 1010 Dauphin Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking 4
Parking features Parking Lot
Subdivision Daughdrill & Kennedy
View City
Elementary school Florence Howard
Middle school Calloway Smith
High school Murphy
Standard status Active
APN 2906400009218
Lot size 0.18 Acres

Taxes and HOA fees

Tax Annual Amount 1819

Utilities

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

Building Details

Year built 1915
Floors in Building 2
Number of units 4
Flooring type Hardwood, Tile - Ceramic
Building materials Frame
Roof type Shingle
Listing Agency: Keller Williams Mobile · Keller Williams Realty
Listed By: Ryann Lee
Added: Jul 13 Changed: Sep 30 Last Checked: Oct 4 at 8:06AM
MLS# 7804246

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 frame quadplex contains four leased residences, with each unit separately equipped with power and water meters, a water heater, and central HVAC. Interior finishes include hardwood and ceramic tile, while the property also provides a parking lot. The building was constructed in 1915 and occupies 0.1809 acres. Public water and sewer serve the property, and cable is available.

Recent capital work includes a FORTIFIED shingle roof completed 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 replaced after COVID. Unit B received a 2025 update with new carpet, interior paint, light fixtures, and a stove. All four units have executed leases, and tenants handle their own utilities. The property is located at 1010 Dauphin Street in Midtown Mobile, minutes from Downtown.

Key Highlights

  • Four‑unit quadplex with executed leases in place for all four units
  • Each unit has its own power meter, water meter, water heater, and central HVAC system
  • New FORTIFIED roof completed in 2026

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Spa & Massage Center Plumbing Service HVAC Service Skin Care Clinic Carpet & Flooring Store Home Appliance Store

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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Quadplex - Four residences feature separate utility metering, central HVAC, and parking within a Midtown Mobile location.
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: Four‑unit quadplex with executed leases in place for all four units; Each unit has its own power meter, water meter, water heater, and central HVAC system; New FORTIFIED roof completed in 2026
More about this property
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