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Six-Unit Apartment Building

207 Michigan Avenue Mobile, AL 36604

207 Michigan Avenue, Mobile, AL, 36604
$435,000
For Sale
$435,000

MULTI_FAMILY - Mobile, AL

Property Size5,911 SF
Lot Size0.13 Acres
Price / SF$73.59
Days on Market111

Property Features for 207 Michigan Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Rooms
Bathroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 6, Bedroom 1
Fireplace
1
Standard status
Active
APN
29-10-22-3-003-028.
Size
5,911 SF
Lot size
0.13 Acres

Taxes and HOA fees

Tax Description
PART OF LOT 2 SQ 2 GLENDALE PARK DBK 61 NS P 316 DESC AS BEG AT PT ON E/S OF MICHIGAN AVE 103 FT 3 IN FROM NE COR OF INTERSECT OF MICHIGAN AVE & ELMIRA ST TH RUN NLY ON E/S OF MICHIGAN AVE 50 FT FOR FRONT OF SD LOT TH ELY & PAR TO ELMIRA ST 120 FT TO AN ALLEY IN THE REAR OF SD LOT TH SLY & PAR

Building Details

Year built
1977
Floors in Building
2
Flooring type
Wood, Tile
Architectural style
Other
Listing Agency Bellator Real Estate LLC Mobil
1428 Hillcrest Road, Daphne, AL
Listed by Rameh Khazen · License #93507
Added: Apr 1 Updated: Jul 19 at 9:55 pm Checked: Jul 20 at 2:06 pm
MLS# 394407 Listing URL

Copyright © 2026 Baldwin 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 six-unit apartment building is arranged with four one-bedroom, one-bath units and two studio apartments. The property has undergone partial renovation, including three updated mini-split air conditioners, a main panel upgrade in 2022, and a partial replumb with sewer line improvements and a majority of plumbing fixtures. Additional work includes exterior paint and landscaping completed around 2023.

The building is located at 207 Michigan Avenue in Mobile, Alabama. It is described as having both long-term and short-term rental use, with five units operating as long-term rentals and one unit used as a short-term rental.

Current professional management is noted, and the seller indicates the building generates gross rental income exceeding $5,500 per month. Buyer should verify all information during due diligence.

Key Highlights

  • Six‑unit apartment building generating over $5,500/month in gross rent (5 long‑term units and 1 short‑term unit).
  • Unit mix: four 1‑bedroom, 1‑bath units and two studios.
  • Partially renovated with updates in recent years, including three updated mini split air conditioners.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Spa & Massage Center Dental Office Real Estate Agency Hair Salon HVAC Service Kitchen & Bath Showroom Parking Lot & Garage Electrical Service Nail Salon Bakery

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

FAQs

What type of property is this?
Apartment building - Six-unit apartment building with four one-bedroom units and two studios, partially renovated with multiple recent upgrades.
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 $435,000.
What are key features of this property?
This property features: Six‑unit apartment building generating over $5,500/month in gross rent (5 long‑term units and 1 short‑term unit).; Unit mix: four 1‑bedroom, 1‑bath units and two studios.; Partially renovated with updates in recent years, including three updated mini split air conditioners.
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