Address
1469 Mamie Dr, Mobile, AL
Price
$ 179,900
Property Attributes
  • MLS#408488
  • TypeSingle Family
  • Listing Status Active
  • CountyMobile County
  • CityMobile
  • NeighborhoodAutumndale
  • Zip36618
  • StyleTraditional
  • Year Built1998
  • Price$ 179,900
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1421
Data Source:
Baldwin County MLS (BCAR)
Property Description

TURNKEY INVESTMENT OPPORTUNITY WITH IMMEDIATE CASH FLOW, A LONG-TERM TENANT IN PLACE, AND MAJOR CAPITAL IMPROVEMENTS ALREADY COMPLETED. Currently generating $1,531 per month, this professionally managed 4-bedroom, 2-bath home offers immediate rental income with a tenant who has occupied the property for more than four years. Recent updates include a new roof (2025), new flooring (2025), and HVAC replacement (2021), significantly reducing near-term maintenance expenses. The current month-to-month lease provides flexibility for investors while also preserving future owner-occupancy potential. A portion of the rental income is generated through a government-assisted housing program, creating stable and predictable cash flow. Rent rolls, lease information, and T-12 financial statements are available upon request. This property is one of six investment opportunity homes being offered individually or as part of a larger investment portfolio. The seller would prefer a portfolio sale but will consider individual offers. SEE MLS #’s (408492,408531,408533,408534,408538). Buyer to verify all information during the due diligence period. Buyer to verify all information during due diligence.

Elementary School Middle School High School
Forest Hill Elementary Elementary School C.L. Scarborough Middle Middle School Mattie T. Blount High High School
Price History
8/14/2026 Listed $179,900

General Features

Utilities Water City,Sewage City,Alabama Power
Property Subtype Residential Detached
Waterfront Features No Waterfront
Community Features None
County Mobile County
Property Type Residential
HOA false
Subdivision Name Autumndale
Status Active
Directions From I-65 West on Moffett Rd, Right on Wilkins Rd, Right on Lydia Dr, Left on Mamie Dr, Home is on the Left.
High School Mattie T. Blount High
City Mobile
MLS Area Mobile County
Elementary School Forest Hill Elementary
Middle/Junior High School C.L. Scarborough Middle
Standard Status Active
Pets Allowed Yes
Virtual Tour https://robertsbrothersstudio.com/1469-Mamie-Dr/idx
Heating Electric
Roof Composition Shingle
Appliances Cooktop,Refrigerator
Architectural Style Traditional
Year Built 1998
Full Baths 2
Stories Count 1
Assoc Fee Paid Per Monthly
Pool Features None

Interior Features

Heating Y/N true
Fireplace Y/N false
Flooring Laminate
Total Bedrooms 4
LivingAreaSource Tax Records
Total Baths 2

Exterior Features

Lot Features Less Than 1 Acre
Parking Features Other/See Remarks

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 36618

Price
AVG $200K
$180K
Year Built
AVG 1982
1998