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Income Property in Mobile, AL
For Sale
$239,000

552 Glenwood Street, Mobile, AL 36606

MULTI_FAMILY - Mobile, AL

Property SizeContact for details
Lot Size0.11 Acres
Days on Market154

Property Features for 552 Glenwood Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking 4
Parking features Driveway
Fencing Privacy
Subdivision Bon Air Estates
Lot features Corner Lot
Elementary school Leinkauf
Middle school Lillie B Williamson
High school Lillie B Williamson
Standard status Active
APN 2909291005052
Lot size 0.11 Acres

Taxes and HOA fees

Tax Annual Amount 789

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1983
Floors in Building 2
Number of units 2
Flooring type Tile - Ceramic, Hardwood, Laminate
Building materials Asbestos
Roof type Shingle
Listing Agency: IXL Real Estate LLC
Listed By: Heidi Hall
Added: Mar 31 Changed: Jul 29 Last Checked: Aug 31 at 10:06AM
MLS# 7744357

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.

Investment Insights

Based on property information with market context.

This income property is ideal for first-time investors. The property features an upstairs unit and a downstairs unit, offering the opportunity to live in one unit while earning rental income from the other. The vacant upstairs unit has been freshly painted and includes a spacious eat-in kitchen suitable for hosting gatherings. The bathroom features a new bathtub, tub surround, vanity, and mirror. The unit benefits from natural light and original hardwood floors. The downstairs unit features luxury vinyl flooring. Both units include a flexible bonus space that can be used as extra living area or a third bedroom. A fresh coat of paint enhances curb appeal, and a new privacy fence adds security for tenants. Located in Mobile, AL, the property sits on a lot of approximately 0.1092 acres.

Key Highlights

  • Two‑unit income property with an upstairs unit and a downstairs unit for rental income
  • Vacant unit has been freshly painted throughout; bathroom updates include new bathtub, tub surround, vanity, and mirror
  • Original hardwood floors in the units; flooring also includes luxury vinyl and ceramic tile

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Skin Care Clinic Carpet & Flooring Store Computer & Electronic Repair Grocery & Convenience Store Electrical Service

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

2
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

874
Businesses Nearby

Demographics for 36606, AL

19,042
Population
9,129
Households
2.1
Avg Household Size
35
Median Age
29%
College-Educated
89%
High-School Grad
6.8 sq mi
ZIP Area
2,800
Density / Sq Mi
$49,561
Median Household Income
$37,094
Median Earnings
$938
Median Rent
$141,300
Median Home Value

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?
Duplex - Income-generating duplex with renovated units and new privacy fence.
Where is this duplex located?
The property is located at 552 Glenwood Street Mobile, AL.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Two‑unit income property with an upstairs unit and a downstairs unit for rental income; Vacant unit has been freshly painted throughout; bathroom updates include new bathtub, tub surround, vanity, and mirror; Original hardwood floors in the units; flooring also includes luxury vinyl and ceramic tile
More about this property
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