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3-Unit Triplex with Laundry
For Sale
$330,000

122 Glenwood Street, Mobile, AL 36606

All three apartments are occupied, and residents have access to a coded laundry room.

Property SizeContact for details
Days on Market304

Property Features for 122 Glenwood Street

General Information

Standard status Active
Property subtype Multi Family Home
Occupancy 100%

Units

Unit Mix 2 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 3

Additional Details

Highway Access Yes
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $3,164

Amenities

laundry room

Building Details

Stories 2
Units 3
Tenancy Multi
Listing Agency: RE/MAX Realty Professionals
Listed By: Donna Gardner · License #75459
Source: Gracetysonrealestate
Added: Dec 29, 2025 Changed: Oct 29 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 RE/MAX Realty Professionals

Rey
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Investment Insights

Based on property information with market context.

This triplex contains three apartments: two ground-floor units, each with one bedroom and one bathroom, plus an upstairs two-bedroom, one-bathroom unit. A coded laundry room is reserved for residents, and parking is available on site. All three units are occupied.

The property is on Glenwood Street in Mobile, near the downtown entertainment and business districts. I-10 provides regional highway access, including routes toward Baldwin County, Pensacola, and I-65.

Key Highlights

  • 3 units; 100% occupied
  • Two downstairs apartments, each with 1 bedroom and 1 bathroom
  • Upstairs apartment has 2 bedrooms and 1 bathroom

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

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
View Realmo Analytics

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?
Triplex - All three apartments are occupied, and residents have access to a coded laundry room.
Where is this triplex located?
The property is located at 122 Glenwood Street Mobile, AL.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 3 units; 100% occupied; Two downstairs apartments, each with 1 bedroom and 1 bathroom; Upstairs apartment has 2 bedrooms and 1 bathroom
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