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6-Unit Apartment Building
For Sale
$600,000

1300 Illinois Street, Mobile, AL 36604

Residential Income, Mobile, AL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market228

Property Features for 1300 Illinois Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking 8
Parking features Parking Lot, Driveway
Fencing Fenced
Subdivision Glendale Park
Lot features Level
Elementary school Leinkauf
Middle school Calloway Smith
High school Lillie B Williamson
Standard status Active
APN 2910272003007
Lot size 0.17 Acres

Taxes and HOA fees

Tax Annual Amount 1664

Utilities

Utilities Cable Available
Sewer type Public Sewer
Water source Public

Amenities

coin-operated laundry

Building Details

Floors in Building 2
Number of units 6
Flooring type Hardwood
Roof type Shingle
Listing Agency: Bellator Real Estate LLC Mobile
Listed By: Rameh Dickens Khazen
Added: Mar 6 Changed: Oct 19 Last Checked: Oct 20 at 1:06PM
MLS# 7730097

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.

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Investment Insights

Based on property information with market context.

This six-unit apartment property combines four furnished short-term rental units with two long-term rentals. A coin-operated laundry facility is also on site. The 0.1683-acre parcel includes a parking lot, driveway, and fencing.

Capital work completed in 2024 included roof replacement and electrical and plumbing updates. Nearly all units received new or refinished flooring, new appliances, PTAC-style HVAC units, and updated water heaters. The building has a shingle roof, hardwood flooring, public water, and public sewer.

Key Highlights

  • Six apartments: four furnished short‑term rentals and two long‑term units
  • Coin‑operated laundry facility
  • 2024 work included new roofs and electrical and plumbing updates

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

273
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

Frequently Asked Questions

What type of property is this?
Apartment building - Four furnished short-term rentals share the property with two long-term units and coin-operated laundry.
Where is this apartment building located?
The property is located at 1300 Illinois Street Mobile, AL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Six apartments: four furnished short‑term rentals and two long‑term units; Coin‑operated laundry facility; 2024 work included new roofs and electrical and plumbing updates
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