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12-Unit Apartment Building
For Sale
$225,000

2508 Highland Drive, Mobile, AL 36617

Commercial Sale, Mobile, AL

Property SizeContact for details
Days on Market10

Property Features for 2508 Highland Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning SingleFamily
Lot features Less Than 1 Acre
Directions From Springhill Avenue, turn onto St Stephens Road. Turn right onto Highland Dr. Continue to 2508 Highland Dr.
Subdivision Mobile County
Standard status Active
APN 2902440014333XXX

Taxes and HOA fees

Tax Description Lot 12 And Part Of Lot 11 McDonough Heights Mbk 3 Page 409 Being More Particularly Described As Follows: Beginning At The Southwest Corner Of Said Lot 12 Then Run Northeasterly 232.6 Ft Then Easterly
Legal Description Lot 12 And Part Of Lot 11 McDonough Heights Mbk 3 Page 409 Being More Particularly Described As Follows: Beginning At The Southwest Corner Of Said Lot 12 Then Run Northeasterly 232.6 Ft Then Easterly
Listing Agency: Bellator Real Estate LLC Mobile
Listed By: Rameh Dickens Khazen · License #93507
Added: Sep 18 Changed: Sep 21 Last Checked: Sep 27 at 12:06PM
MLS# 410901

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 multifamily property contains 12 units, each configured with two bedrooms and one bathroom. Interior layouts include spacious living rooms, while the kitchens provide room for dining and additional cabinetry. Initial renovation work has begun, with the remaining scope and property condition to be evaluated by the buyer during due diligence.

The property includes parking for at least 24 guests or tenants. Downtown Mobile is less than ten minutes away, with interstate access and proximity to major hospitals and employers also identified in the surrounding area. The property is listed with SingleFamily zoning, which should be independently verified as part of the buyer’s review.

Key Highlights

  • 12 units, each with 2 bedrooms and 1 bathroom
  • Parking capacity for at least 24 guests or tenants
  • Spacious living rooms in each unit

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Pharmacy Kitchen & Bath Showroom

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

12
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

443
Businesses Nearby

Demographics for 36617, AL

11,408
Population
5,828
Households
2
Avg Household Size
45
Median Age
15%
College-Educated
87%
High-School Grad
4.5 sq mi
ZIP Area
2,535
Density / Sq Mi
$39,922
Median Household Income
$30,040
Median Earnings
$1,061
Median Rent
$75,800
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-bedroom floor plans include full baths, generous living areas, and kitchens with room for dining and additional cabinetry.
Where is this apartment building located?
The property is located at 2508 Highland Drive Mobile, AL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 12 units, each with 2 bedrooms and 1 bathroom; Parking capacity for at least 24 guests or tenants; Spacious living rooms in each unit
More about this property
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