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Two-Unit Duplex with Separate Metering
For Sale
$280,000

116 Glenwood St, Mobile, AL 36606

Two vacant residences offer distinct layouts, private laundry areas, and separately metered utilities.

Property SizeContact for details
Days on Market9

Property Features for 116 Glenwood St

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 1 x 2BR/2BA, 1 x 1BR/1.5BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $1,859
Listing Agency: Smitherman Partners RE
Listed By: Sophia Smitherman
Source: Exprealty
Added: Oct 6 Changed: Oct 13 Last Checked: Oct 13 at 2:12AM

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 Smitherman Partners RE

Investment Insights

Based on property information with market context.

This duplex contains two separate residences, both currently vacant. The left unit has two bedrooms, two full bathrooms, a living room, kitchen, and dedicated laundry room. The right unit includes one bedroom, a flex room, one and a half bathrooms, a living room, kitchen, laundry area, and generous closet space. The property also features a large backyard.

Located in Midtown Mobile, the property has separately metered utilities for the two units.

Key Highlights

  • Two units: one with 2 bedrooms and 2 full baths; the other with 1 bedroom, a flex room, and 1.5 baths
  • Both residences are vacant
  • Utilities are separately metered

Property Analytics

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Current Use

Div3rgent Creative Marketing & Advertising

Suggested Use

Top Pick HVAC Service Dental Office Grocery & Convenience Store Home Appliance Store Bakery Veterinary Clinic

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

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

927
Businesses Nearby

Demographics for 36606, AL

19,042
Population
9,129
Households
2.1
Avg Household Size
35
Median Age
29%
College-Educated
89%
High-School Grad
6.8 sq mi
ZIP Area
2,800
Density / Sq Mi
$49,561
Median Household Income
$37,094
Median Earnings
$938
Median Rent
$141,300
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?
Duplex - Two vacant residences offer distinct layouts, private laundry areas, and separately metered utilities.
Where is this duplex located?
The property is located at 116 Glenwood St Mobile, AL.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Two units: one with 2 bedrooms and 2 full baths; the other with 1 bedroom, a flex room, and 1.5 baths; Both residences are vacant; Utilities are separately metered
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