Mobile County, AL Multifamily Properties for Sale

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Birmingham, AL Mobile, AL Montgomery, AL Huntsville, AL Tuscaloosa, AL Foley, AL Dothan, AL Decatur, AL

49 properties

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Updated: Oct 3, 2025

Duplex with Front and Back Porches

14165 River Oaks Drive, Coden, AL 36523

$229,000

1,890 sqft 0.49 AC lot

1,890‑square‑foot duplex on 0.49 acres
Unit A: 2 bedrooms and 1 bathroom
Unit B: 3 bedrooms and 2 bathrooms
Both units are currently rented
Built in 2005 with vinyl flooring and electric heating

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14165 River Oaks Drive, Coden, AL 36523

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Est. Cap Rate

6.8%
Above avg (5.9%)
Est. NOI

$16K
Annual
Price @ 7% Cap

$223K
Suggested
Property Type

Duplex
Built 2005

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Updated: Mar 20

9-Unit Apartment Building

203 Mohawk Street, Mobile, AL 36606

$799,000

5,910 sqft 0.32 AC lot

9‑unit apartment property with a mix of 1- and 2‑bedroom units
5,910 square feet on 0.3202 acres
100% occupied
Each apartment includes 1 bathroom, stove, and refrigerator with one tenant‑owned refrigerator exception
Window unit cooling, electric service, city water, and city sewer

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Six-Unit Apartment Buildings

266 Rickarby Street, Mobile, AL 36606

$600,000

3,576 sqft 0.34 AC lot

Two separate buildings contain leased apartments with wood flooring, window HVAC, and city water and sewer service.

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6-Unit Apartment Building

1300 Illinois Street, Mobile, AL 36604

$600,000

2,666 sqft 0.16 AC lot

Renovated multifamily property combining furnished short-term rentals with established long-term tenancy.

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Tenant-Occupied Duplex

19 Gulf Street, Mobile, AL 36611

$164,900

1,592 sqft

Two one-bedroom residences offer separate living areas, screened porches, and existing rental occupancy.

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Six-Unit Apartment Building

207 Michigan Avenue, Mobile, AL 36604

$435,000

5,911 sqft 0.13 AC lot

Partially renovated multifamily property with five long-term units and one short-term rental unit.

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Fully Leased Quadplex

1010 Dauphin Street, Mobile, AL 36604

$519,539

0.18 AC lot

Four-unit property with separate utility metering, central HVAC, and recent building-system upgrades.

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Fenced Multifamily Property

207 Michigan Avenue, Mobile, AL 36604

$435,000

5,911 sqft

Multi-story construction includes window units, an eat-in kitchen, and fenced exterior space.

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Mobile Home & RV Park

4560 Lott Road W, Eight Mile, AL 36613

$325,000

4.66 AC lot

Income-producing mobile home and RV park on a mostly clear site with power and water infrastructure already in place.

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Two-Building Six-Unit Apartment Property

266 Rickarby Street, Mobile, AL 36606

$600,000

0.34 AC lot

Fully leased apartments offer hardwood flooring, window HVAC units, and public water and sewer service.

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Fully Occupied 34-Unit Apartment Community

6601 Old Shell Rd, Mobile, AL 36608

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32,300 sqft

Built in 1973, this fully occupied 34-unit multifamily property offers consistent two-bedroom, one-bath units.

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Remodeled 5-Unit Apartment Building

104 N Ann Street, Mobile, AL 36604

$875,000

0.43 AC lot

Updated interiors feature high ceilings, stone countertops, and a mix of vinyl, laminate, and tile flooring.

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Renovated Multifamily Investment Opportunity

1300 Illinois Street, Mobile, AL 36604

$600,000

0.17 AC lot

High-income producing six-unit apartment building with diversified income streams.

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Affordable Multifamily LIHTC Community

8730 University Rd, Bayou La Batre, AL 36509

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58,875 sqft

55-unit LIHTC multifamily community with clubhouse, business center, and playground amenities.

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9-Unit Apartment Building

203 Mohawk Street, Mobile, AL 36606

$799,000

0.32 AC lot

Fully occupied residential property with mixed one- and two-bedroom layouts, electric service, and resident parking.

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Waterfront RV and Tiny Home Lot

11551 Dauphin Island Parkway, Theodore, AL 36582

$134,900

0.08 AC lot

Waterfront lot in the Paradise Found gated community on the Fowl River with access to Mobile Bay and resort-style amenities.

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Furnished Two-Unit Short-Term Rental Property

7710 Pecan Dr S, Irvington, AL 36544

$185,000

1.00 AC lot

Two furnished rental dwellings offer modern finishes, on-site utility connections, and septic service on a residential street.

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Six-Unit Partially Renovated Apartment Building

207 Michigan Avenue, Mobile, AL 36604

$435,000

0.14 AC lot

Six-unit apartment building with a mix of one-bed units and studios, partially renovated with recent mechanical and exterior updates.

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Canal-Front RV Park Lot

11551 Dauphin Island Parkway, Theodore, AL 36582

$161,500

0.08 AC lot

Upgraded recreational vehicle site with a concrete pad and water views.

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Income Property in Mobile, AL

552 Glenwood Street, Mobile, AL 36606

$239,000

0.11 AC lot

Income-generating duplex with renovated units and new privacy fence.

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Fully Leased Quadruplex on Acreage

8135 E State St, Citronelle, AL 36522

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3,000 sqft 1.50 AC lot

Investment opportunity: fully leased quadruplex on over 1.5 acres.

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Income-Producing Triplex in Midtown Mobile

122 Glenwood Street, Mobile, AL 36606

$330,000

0.22 AC lot

Fully occupied triplex in desirable midtown location, close to downtown.

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Ideal Corner Site on Springhill Ave 59,000+ - SF For Sale

2851 SpringHill Ave, Mobile, AL 36607

$699,000

59,000 sqft 1.36 AC lot

Ideal Corner Site on Springhill Ave 59,000+ - SF For Sale

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Presidential Waterfront RV Resort Site

11551 Dauphin Island Parkway, Theodore, AL 36582

$169,000

Presidential Unit 23 at Paradise Found RV Resort with river-front views, added parking, and a gazebo for entertaining.

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Mobile County, AL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Mobile County, AL, showcased through 49 active listings on our real estate platform. These investment opportunities span a total of 206,018 square feet of properties for sale, with an estimated market value of $12,351,839.

Sale prices for multifamily properties in Mobile County, AL start at $55,000, averaging $475,070, and reaching up to $2,080,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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