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
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