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12-Unit Apartment Building
For Sale
$225,000
Pending

2508 Highland Drive, Mobile, AL 36617

Commercial Sale, Mobile, AL

Property SizeContact for details
Days on Market23

Property Features for 2508 Highland Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning SingleFamily
Parking features On Street
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 Pending
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

Building Details

Year built 2009
Floors in Building 2
Flooring type Other floors/see remarks
Listing Agency: Bellator Real Estate LLC Mobile
Listed By: Rameh Dickens Khazen · License #93507
Added: Sep 18 Changed: Oct 1 Last Checked: Oct 10 at 9:06AM
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 12-unit apartment property was built in 2009 and has a consistent two-bedroom, one-bathroom layout. Each residence includes a living room and a kitchen with room for cabinetry and dining. Renovation work has begun, and the remaining scope requires evaluation. The property is zoned SingleFamily.

On-street parking is available, with capacity for at least 24 vehicles. The property is less than ten minutes from Downtown Mobile, with access to Interstate routes, hospitals, and major employers.

Key Highlights

  • 12 apartments, each with 2 bedrooms and 1 bathroom
  • Built in 2009
  • At least 24 parking spaces accommodated

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 - Each residence has two bedrooms, one bathroom, a living room, and a kitchen with dining space.
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 apartments, each with 2 bedrooms and 1 bathroom; Built in 2009; At least 24 parking spaces accommodated
More about this property
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