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Occupied Triplex with Tenant Laundry
For Sale
$330,000

122 Glenwood Street, Mobile, AL 36606

Residential Income, Mobile, AL

Property SizeContact for details
Lot Size0.22 Acres
Days on Market272

Property Features for 122 Glenwood Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Parking features Driveway
Subdivision Dubroca Tract
Lot features Corner Lot
Elementary school Leinkauf
Middle school Booker T Washington
High school Murphy
Standard status Active
APN 2907240006033001
Lot size 0.22 Acres

Taxes and HOA fees

Tax Annual Amount 3164

Utilities

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

Amenities

coded laundry room

Building Details

Floors in Building 2
Number of units 3
Flooring type Vinyl, Hardwood, Carpet, Laminate
Building materials Vinyl Siding
Roof type Shingle
Listing Agency: RE/MAX Realty Professionals · RE/MAX International
Listed By: Donna Gardner · License #75459
Added: Dec 29, 2025 Changed: Sep 21 Last Checked: Sep 27 at 1:06AM
MLS# 7696274

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 triplex contains three residential units: two lower-level one-bedroom, one-bath residences and an upper-level two-bedroom, one-bath residence. All units are currently occupied. The property includes a coded laundry room reserved for residents, driveway parking, public water and public sewer, shingle roofing, and vinyl siding. Interior finishes include vinyl, hardwood, carpet, and laminate flooring, with electric forced-air heating and ceiling fans for cooling.

Set on 0.2165 acres at 122 Glenwood Street in Mobile, the property is positioned in the Midtown area with access to downtown entertainment, the business district, I-10, Baldwin County, Pensacola, and I-65. Tenant access and occupancy should be coordinated in advance, with 48 hours' notice required for visits.

Key Highlights

  • Three‑unit triplex with 100% occupancy
  • Unit mix includes two 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit
  • 0.2165‑acre parcel at 122 Glenwood Street, Mobile, AL 36606

Property Analytics

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Current Use

Triplexes

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

3
Residential units
100%
Occupancy
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
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Frequently Asked Questions

What type of property is this?
Triplex - Tenant-occupied property with dedicated laundry access and driveway parking.
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: Three‑unit triplex with 100% occupancy; Unit mix includes two 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit; 0.2165‑acre parcel at 122 Glenwood Street, Mobile, AL 36606
More about this property
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