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    Mobile, AL Residential Income Properties for Sale

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    Talladega, AL Eight Mile, AL Chickasaw, AL
    51 results
    Two Triplex Buildings
    $600,000
    3,576 SF

    Two Triplex Buildings

    266 Rickarby Street, Mobile, AL 36606

    Two 3-unit apartment buildings with six leased units, offering 1- and 2-bedroom layouts and window HVAC.

    • Two separate 3‑unit apartment buildings at 264 and 266 Rickarby St (266 Rickarby St listed).
    • All 6 units are fully occupied and currently leased; rents range from $500 to $800 per month.
    • Unit mix: four 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units; one unit participates in Section 8.
    • Each unit has hardwood floors and window HVAC units for heating and cooling.
    • Utilities: gas, electricity, city water, and city sewer.
    Updated: Mar 20
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    Six-Unit Apartment Building For Sale
    $475,000
    5,911 SF

    Six-Unit Apartment Building For Sale

    207 Michigan Avenue, Mobile, AL 36604

    Income-generating six-unit apartment building with renovation upside.

    • Income‑generating property from closing day with over $5,500/month gross rent.
    • Mix of long‑term and short‑term rental units for diversified income streams.
    • Professional property management in place, ideal for out‑of‑town buyers.
    • Strategic location on Michigan Avenue, a corridor to the interstate and new Mobile International Airport.
    • Partially renovated with potential to increase rents through further updates.
    Updated: Apr 1
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    Renovated High-Income Apartment Building
    $600,000
    2,666 SF

    Renovated High-Income Apartment Building

    Six-unit building with short-term and long-term rental income.

    1300 Illinois Street, Mobile, AL 36604
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    Midtown 9-Unit Apartment Complex
    $799,000
    5,910 SF

    Midtown 9-Unit Apartment Complex

    Nine-unit residential income property with 1- and 2-bedroom units, all electric systems, and on-site resident parking.

    203 Mohawk Street, Mobile, AL 36606
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    New Construction Duplex in Mobile
    $379,000
    1,000 SF

    New Construction Duplex in Mobile

    New construction duplex with modern finishes, ideal for investors.

    3475 Denmark Road, Mobile, AL 36618
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    Midtown Mobile Multifamily Investment
    $600,000
    0.34 Acres

    Midtown Mobile Multifamily Investment

    Six-unit apartment buildings in Midtown Mobile with immediate rental income.

    266 Rickarby Street, Mobile, AL 36606
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    Midtown Mobile Apartment Complex
    $715,000
    0.24 Acres

    Midtown Mobile Apartment Complex

    Updated ten-unit apartment complex near Downtown Mobile.

    302 Michigan Avenue, Mobile, AL 36604
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    Theodore Duplex: Investment Opportunity
    $170,000
    0.34 Acres

    Theodore Duplex: Investment Opportunity

    Duplex with renovated units and income potential in Theodore, AL.

    6719 Belwood Drive W, Theodore, AL 36582
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    Renovated Multifamily Investment Opportunity
    $600,000
    0.17 Acres

    Renovated Multifamily Investment Opportunity

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

    1300 Illinois Street, Mobile, AL 36604
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    Midtown Mobile Multifamily Investment
    $799,000
    0.32 Acres

    Midtown Mobile Multifamily Investment

    Nine-unit apartment complex in Midtown Mobile, fully occupied.

    203 Mohawk Street, Mobile, AL 36606
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    Updated 5-Unit Studio Complex
    $350,000
    0.12 Acres

    Updated 5-Unit Studio Complex

    Updated 5-unit studio complex in Mobile, Alabama.

    659 Maple Street, Mobile, AL 36603
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    Six-Unit Multifamily Investment Opportunity
    $900,000
    0.35 Acres

    Six-Unit Multifamily Investment Opportunity

    Six-unit multifamily property with expansion potential in a desirable location.

    8758 Tanner Williams Road, Mobile, AL 36608
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    Six-Unit Apartment Building
    $445,000
    0.14 Acres

    Six-Unit Apartment Building

    Partially renovated six-unit property with five long-term rentals and one short-term rental unit.

    207 Michigan Avenue, Mobile, AL 36604
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    Income Property in Mobile, AL
    $239,000
    0.11 Acres

    Income Property in Mobile, AL

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

    552 Glenwood Street, Mobile, AL 36606
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    Income-Producing Triplex in Midtown Mobile
    $330,000
    0.22 Acres

    Income-Producing Triplex in Midtown Mobile

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

    122 Glenwood Street, Mobile, AL 36606
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    Mobile, AL Investment Opportunity
    $79,577
    1,250 SF

    Mobile, AL Investment Opportunity

    Three-bedroom, one-bathroom property in Mobile, AL, with long-term tenant.

    Mobile, AL 36607
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    Six-Unit Apartment Building on Michigan
    $475,000
    5,911 SF

    Six-Unit Apartment Building on Michigan

    Six-unit apartment building with income potential near Mobile International Airport.

    207 Michigan Avenue, Mobile, AL 36604
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    Midtown Investment Opportunity
    $600,000
    3,576 SF

    Midtown Investment Opportunity

    Two buildings with six fully leased units in Midtown Mobile.

    266 Rickarby Street, Mobile, AL 36606
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    Newer Duplex Near University
    $500,000
    4,112 SF

    Newer Duplex Near University

    Well-maintained duplex with income potential near the University.

    6056 Sussex Drive, Mobile, AL 36608
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    Renovated Income-Producing Apartment Building
    $600,000

    Renovated Income-Producing Apartment Building

    Six-unit apartment building with short-term and long-term rental income.

    1300 Illinois Street, Mobile, AL 36604
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    Renovated Duplex in Midtown Mobile
    $235,249
    0.13 Acres

    Renovated Duplex in Midtown Mobile

    Turnkey duplex with modern upgrades in the heart of Midtown.

    377 Tuttle Avenue, Mobile, AL 36604
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    Midtown Mobile Ten-Unit Apartment Complex
    $715,000

    Midtown Mobile Ten-Unit Apartment Complex

    Updated ten-unit apartment complex near Downtown Mobile.

    302 Michigan Avenue, Mobile, AL 36604
    View details
    New Construction Duplex Investment Opportunity
    $379,000
    1,000 SF

    New Construction Duplex Investment Opportunity

    New construction duplex in Mobile, AL, ideal for investors.

    3475 Denmark Road, Mobile, AL 36618
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    Tenant-Occupied Investment Property
    $114,900
    0.16 Acres

    Tenant-Occupied Investment Property

    Turnkey investment property with immediate rental income in Mobile, AL.

    1254 Seneca Street, Mobile, AL 36605
    View details

    Mobile, AL Residential Income Properties Investment Opportunities Market Analysis

    Explore 72 residential income properties for sale in Mobile, AL, showcased through 51 active listings on our real estate platform. These investment opportunities span a total of 111,462 square feet of properties for sale, with an estimated market value of $8,254,477.

    Sale prices for residential income properties in Mobile, AL start at $79,577, averaging $550,298, and reaching up to $1,295,000 — 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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    Top Commercial Asset Segments

    Multifamily properties 45
    Apartment buildings 19
    Duplexes 13
    Short term rental properties 10
    Single family properties 9

    Property Size Breakdown

    The majority of commercial real estate listings in Mobile fall within the 100,000+ square foot range.

    Demographics Overview

    Population 279K
    Population Growth (5Y) -6.1%
    Median Household Income $56,578
    College Educated 16.3%

    High-Yield Neighborhoods for Investment

    Identify Mobile submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    36695 $42.5K
    36612 $84.9K
    36605 $114.9K
    36610 $120K
    36618 $379K

    Taxes & Financing

    Tax Rate (average for all types) 5.67%
    Property Tax per SF $96.49 per sq ft
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Mobile, AL

    • 36604
    • 36606
    • 36608
    • 36603
    • 36582
    • 36607
    • 36605
    • 36618
    • 36602
    • 36610
    • 36612

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