6980 Laverne Drive S, Mobile, AL 36618
MULTI_FAMILY - Mobile, AL
- Added:
- Jun 30, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 9 at 3:06 pm
Property Features for 6980 Laverne Drive S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- Carport, Driveway
- Window features
- Double Pane Windows, Insulated Windows
- Fencing
- Fenced, Chain Link
- Standard status
- Active
- Lot size
- 0.42 Acres
Taxes and HOA fees
- Tax Annual Amount
- 760
Utilities
- Utilities
- Water Available
- Sewer type
- Septic Tank
- Heating system
- Heat Pump (Heating), Central
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 2002
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet, Tile - Ceramic
- Building materials
- HardiPlank Type
- Roof type
- Metal
Listing agent Jeff Jones (251) 545-8445
Listing office Keller Williams Mobile Mobile, AL (251) 662-5660
Listing date Jun 30, 2026
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.
HighLights
- Two‑story duplex built in 2002 with over 1,152 sq. ft. total living space
- Main‑level unit: 2 bedrooms, 1 bathroom, living area, and full kitchen
- Upstairs unit: 1 bedroom, 1 bathroom, with its own kitchen and living space
- Both units are currently leased through February 2027
- Metal roof, Heat Pump (heating), and central air
- Fenced property with 2‑car carport, driveway parking, and a very large workshop/garage
Overview
The duplex sits on a 0.42-acre lot. Both units are currently leased through February 2027, which supports an immediate income stream for buyers seeking in-place occupancy. Lease terms may be negotiable, and the neighboring home next door is available to purchase as a package deal as well.
This setup can fit owner-occupants looking to live in one unit while renting the other, as well as investors interested in a ready-to-rent residential income property with distinct unit layouts and kitchens. The presence of the large workshop and garage adds additional utility beyond the living space, while the separate upstairs and main-level configurations can help tenants maintain privacy and routine separation. If you are evaluating multi-family options, this duplex offers a straightforward two-unit structure with existing leasing in place.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.9k | $13.80 |
| − Vacancy | −$1.2k | −$1.04 |
| EGI | $14.7k | $12.77 |
| − OpEx | −$4.4k | −$3.83 |
| NOI | $10.3k | $8.94 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Longitude
- -88.20565
- Latitude
- 30.760905
