Residential Income

Mobile, AL Residential Income Properties for Sale

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31 properties
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Historic Triplex with Rental Apartments
Updated: Oct 8
Historic Triplex with Rental Apartments

54 Houston Street, Mobile, AL 36606

$349,900
1,972 sqft 0.23 AC lot
Three residential units: a four‑bedroom main home and two garage apartments
Main residence contains 1,972 square feet on a 0.23‑acre lot
Downstairs apartment has one bedroom; upstairs apartment has two bedrooms and a bonus room
Metal roof and interior and exterior paint completed in 2022
HVAC updated in 2023; crawl space encapsulated and dehumidifier added in 2024
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9-Unit Apartment Building
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, each with 1 bathroom
Currently 100% occupied
5,910 square feet on 0.3202 acres
MultiFamily zoning with city water and city sewer service
Window air‑conditioning units and all‑electric utilities
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Two-Building Multifamily Property
Two-Building Multifamily Property

266 Rickarby Street, Mobile, AL 36606

$399,750
3,576 sqft 0.34 AC lot

Occupied apartments feature hardwood flooring, window HVAC, and city water and sewer service.

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See hot listings in Mobile

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Residential Income Property with Fireplace
Residential Income Property with Fireplace

304-2901 Grant Street, Mobile, AL 36606

$169,000
1,828 sqft

Three-bedroom condominium with community recreation amenities, flexible living areas, and updated major systems.

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Fully Leased Quadplex
Fully Leased Quadplex

1010 Dauphin Street, Mobile, AL 36604

$510,000
0.18 AC lot

Four residences feature separate utility metering, central HVAC, and parking within a Midtown Mobile location.

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Six-Lot Mobile Home Park
Six-Lot Mobile Home Park

603-A Novatan Road N, Mobile, AL 36608

$155,000
2.90 AC lot

Fenced mobile home park with septic infrastructure and additional capacity for three systems.

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9-Unit Apartment Building
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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Tenant-Occupied Duplex
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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Two-Building Six-Unit Apartment Property
Two-Building Six-Unit Apartment Property

266 Rickarby Street, Mobile, AL 36606

$399,750
0.34 AC lot

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

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Duplex with Bonus Spaces
Duplex with Bonus Spaces

552 Glenwood Street, Mobile, AL 36606

$239,000
0.11 AC lot

Two residential units include adaptable areas that can serve as additional living space or third bedrooms.

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Residential Income Property with Balcony
Residential Income Property with Balcony

1602 Government Street 1B, Mobile, AL 36604

$134,900
632 sqft

Condo residence with period character, updated conveniences, and access to Midtown dining, coffee shops, and grocery shopping.

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Occupied Triplex with Tenant Laundry
Occupied Triplex with Tenant Laundry

122 Glenwood Street, Mobile, AL 36606

$330,000
0.22 AC lot

Tenant-occupied property with dedicated laundry access and driveway parking.

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Commercial Sale, Mobile, AL
Commercial Sale, Mobile, AL

5930 Joyce Avenue N, Mobile, AL 36613

$279,000
1,304 sqft 6.90 AC lot

Commercial land · 1,304 SF

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12-Unit Apartment Building
12-Unit Apartment Building

2508 Highland Dr, Mobile, AL 36617

$225,000
9,744 sqft

Each residence offers a two-bedroom, one-bath layout, with renovation work underway across the property.

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Commercial Sale, Theodore, AL
Commercial Sale, Theodore, AL

5850 Theodore Dawes Road, Theodore, AL 36582

$350,000
1,056 sqft 3.40 AC lot

Single family properties · 1,056 SF

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12-Unit Apartment Building
12-Unit Apartment Building

2508 Highland Drive, Mobile, AL 36617

$225,000

Each residence has two bedrooms, one bathroom, a living room, and a kitchen with dining space.

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Multifamily Property
Multifamily Property

266 Rickarby Street, Mobile, AL 36606

$399,750
3,576 sqft

A multistory residential building with window-unit cooling.

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Waterfront RV Resort Site
Waterfront RV Resort Site

11551 Dauphin Island Parkway, Theodore, AL 36582

$169,000

Presidential waterfront site with a gazebo, added parking, and access to resort amenities.

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6-Lot Mobile Home Park
6-Lot Mobile Home Park

603 Novatan N Road, Mobile, AL 36608

$155,000
3.00 AC lot

Fenced park with existing trailers, septic infrastructure, and a rural setting adjoining a farm and undeveloped acreage.

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Renovated Duplex Residential Unit
Renovated Duplex Residential Unit

8053 Stacy Road, Mobile, AL 36695

$172,000
1,482 sqft 10.00 AC lot

The property includes a detached garage and workshop, a new water well, and pond frontage.

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Fully Occupied 34-Unit Apartment Community
Fully Occupied 34-Unit Apartment Community

6601 Old Shell Rd, Mobile, AL 36608

Contact for pricing
32,300 sqft

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

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Two-Unit Duplex with Storage
Two-Unit Duplex with Storage

603 Mohawk Street, Mobile, AL 36606

$90,000
0.15 AC lot

Vinyl-sided duplex with separate living units, central heating, and public water and sewer service.

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Ideal Corner Site on Springhill Ave 59,000+ - SF For Sale
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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Corner Lot in Mobile, AL
Corner Lot in Mobile, AL

741 Abbey Way, Mobile, AL 36695

$42,500

Corner lot in a quiet, established subdivision in Mobile.

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Mobile, AL Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Mobile, AL, showcased through 31 active listings on our real estate platform. These investment opportunities span a total of 145,177 square feet of properties for sale, with an estimated market value of $14,331,350.

Sale prices for residential investment properties in Mobile, AL start at $42,500, averaging $511,833, and reaching up to $4,500,000 — 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

Commercial property segments ranked by active listings on the market

Multifamily properties 27
Apartment buildings 10
Duplexes 5
Mobile home & RV parks 5
Triplexes 3

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 average listing prices of real estate assets

Neighborhood Average Price
Eight Mile - 36613 $279K
Mobile - 36602 $655.7K

Taxes & Financing

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

Listings Trend

New vs delisted commercial listings in Mobile County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

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

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