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VALUE RANGE PRICING. SELLER TO CONSIDER OFFERS FROM $549,000 TO $$569,000. THE LOWER AND UPPER VALUE RANGES OF THE MARKET. Fully leased quadplex investment opportunity in Midtown Mobile, just minutes from Downtown. This income-producing property currently generates $4,250 per month in gross rental income, with executed leases in place for all four units. Tenants are responsible for their own utilities, and each unit has its own power meter, water meter, water heater, and central HVAC system. Major recent improvements include a new FORTIFIED roof completed in 2026, replacement of the main 6-inch sewer line in 2026, HVAC systems replaced since 2018/2019, and post-COVID water heaters. Unit B was also renovated in 2025 with new carpet, interior paint, light fixtures, and a new stove. No HOA. With established tenants, current leases in place, and significant recent capital improvements already completed, this property offers an opportunity to acquire a stabilized multifamily asset in a highly visible Midtown location. Financial information, rent roll, leases, and additional property documents available upon request. Buyer and/or buyer's agent to verify all details. UNIT BREAKDOWN Unit A: 1 bed / 1 bath - $900/mo - Lease expires 8/1/26 - $600 deposit Unit B: 2 bed / 1 bath - $1,200/mo - Lease expires 11/23/26 - $600 deposit Unit C: 1 bed / 1 bath - $950/mo - Lease expires 7/17/27 - $700 deposit Unit D: 2 bed / 1 bath - $1,200/mo - Lease expires 7/20/27 - $700 deposit All four units are tenant-occupied. Tenants pay their own power, gas, water, and other utilities. Garbage service is provided by the owner
| DAYS ON MARKET | 2 | LAST UPDATED | 7/13/2026 |
|---|---|---|---|
| TRACT | Daughdrill & Kennedy | YEAR BUILT | 1915 |
| COUNTY | Mobile - AL | STATUS | Active |
| PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Elementary School | Florence Howard |
|---|---|
| Jr. High School | Calloway Smith |
| High School | Murphy |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Other |
| BASEMENT | None |
| CONSTRUCTION | Frame |
| EXTERIOR | None |
| FIREPLACE | Yes |
| HEAT | Other |
| INTERIOR | Other |
| LOT | 7880 sq ft |
| LOT DESCRIPTION | Other |
| LOT DIMENSIONS | 7880.004 |
| PARKING | Parking Lot |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Other |
| SUBDIVISION | Daughdrill & Kennedy |
| TAXES | 1819 |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Other |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Ryann Lee with Keller Williams Mobile
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