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Recently Remodeled Duplex

1107 Montauk Avenue Mobile, AL 36604

1107 Montauk Avenue, Mobile, AL, 36604
$249,900
For Sale
Claim this Listing
$249,900

Remodeled duplex with two 2-bedroom, 1-bath units, shared laundry, and a fenced rear courtyard.

Property Size2,186 SF
Price / SF$114.32
AddedJul 2
Days on Market14
Last RefreshJul 10 at 3:20 am

Property Features for 1107 Montauk Avenue

General Information

Standard status
Active
Size
2,186 SF
Property subtype
Multi Family

Building Details

Year Built
1978

Listing office Keller Williams Mobile

Listing date Jul 2, 2026

Source Exitrealty

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


Investment Insights

Based on property information with market context.

This recently remodeled duplex offers 2,186 square feet and is arranged as two separate units. Each unit includes two bedrooms and one bathroom, a kitchen, and access to a shared laundry area. Interior updates include fresh paint, vinyl plank flooring, and an updated kitchen. Key recent improvements include a second-floor HVAC system replacement within the last three years and a new rear privacy fence. The property also features a shared rear fenced brick courtyard for outdoor relaxation or dining.

Located in the heart of Mobile, the home is minutes from downtown dining, schools, shopping, entertainment, and other local amenities.

At the time of listing, both units are leased on one-year terms at $1,250 per month, providing an established rental history. Buyer to verify all information during due diligence.

Key Highlights

  • Remodeled 2,186 SF duplex built in 1978 with two units and a total of 4 bedrooms and 2 bathrooms
  • Each unit features 2 bedrooms, 1 bathroom, a kitchen, and access to a shared laundry area
  • Recent updates include paint, vinyl plank flooring, and an updated kitchen

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $30.2k $13.80
− Vacancy −$2.3k −$1.04
EGI $27.9k $12.77
− OpEx −$8.4k −$3.83
NOI $19.5k $8.94
2,186 SF · lease $13.80/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$279.0K
$244.2K – $325.6K (±1% cap)
NOI $19,533 @ 7.0% cap · market cap 7.82%
Second Best
Apartment 5plus
$258.8K
$226.4K – $301.9K (±1% cap)
NOI $18,114 @ 7.0% cap · market cap 7.25%
Theoretical Best
Office A
$555.6K
$486.2K – $648.2K (±1% cap)
NOI $38,893 @ 7.0% cap · market cap 15.56%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Spa & Massage Center Dental Office Skin Care Clinic HVAC Service Kitchen & Bath Showroom Hair Salon Cafe & Coffee Shop Electrical Service Auto Parts Store Plumbing Service

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

FAQs

What type of property is this?
Duplex - Remodeled duplex with two 2-bedroom, 1-bath units, shared laundry, and a fenced rear courtyard.
Where is this duplex located?
The property is located at 1107 Montauk Avenue Mobile, AL.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Remodeled 2,186 SF duplex built in 1978 with two units and a total of 4 bedrooms and 2 bathrooms; Each unit features 2 bedrooms, 1 bathroom, a kitchen, and access to a shared laundry area; Recent updates include paint, vinyl plank flooring, and an updated kitchen
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