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207 Michigan Avenue Mobile, AL 36604

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For Sale
$475,000

Six-unit apartment building with income potential near Mobile International Airport.

Type:Multi Family
Property size:
5,911 SF
Added:
Apr 2, 2026
Days on Market:
17
Last Refresh:
Apr 7 at 8:33 pm

Property Features for 207 Michigan Avenue

General Information

Standard status
Active
Size
5,911 SF
Property subtype
Multi Family

Building Details

Year Built
1977

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Listing Contact
Rameh Khazen
Rameh Khazen

Listing agent Rameh Khazen License #93507

Listing office Bellator Real Estate LLC Mobil

Listing date Apr 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 Bellator Real Estate LLC Mobil


Overview

Six-Unit Apartment Building on Michigan

This six-unit apartment building generates over $5,500 per month in gross rent. The property features five long-term rental units and one short-term rental unit. Partial renovations have been completed, with opportunities to update additional units and increase rents. Located on Michigan Avenue, the building benefits from its position on the corridor to the interstate for Midtown and the route to the new Mobile International Airport. Recent updates include three mini-split air conditioners, a main panel upgrade in 2022, and a partial replumb including sewer lines and the majority of plumbing fixtures. Exterior paint and landscaping were completed around 2023. The building comprises four one-bedroom, one-bathroom units and two studios. The property is currently under professional management, making it suitable for out-of-town buyers. The building size is 5,911 square feet.
Location Intelligence

Current Use by Public Records

Apartment buildings

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Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

Location Insight

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City
Mobile
County
Mobile
State
Alabama
Longitude
-88.067366
Latitude
30.680297

FAQs

What type of property is this?
Apartment building - Six-unit apartment building with income potential near Mobile International Airport.
Where is this apartment building located?
The property is located at 207 Michigan Avenue Mobile, AL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Generates over $5,500 per month in gross rent.; Diversified income with a mix of long‑term and short‑term rental units.; Located on Michigan Avenue, a corridor to the interstate and the new Mobile International Airport.
More about this property
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