Address
1300 Illinois Street, Mobile, AL
Price
$ 600,000
Property Attributes
- MLS#7730097
- TypeSingle Family
- Listing Status Active
- CountyMobile
- CityMobile
- NeighborhoodGlendale Park
- Zip36604
- Style
- Taxes$ 1664
- Price$ 600,000
- Bedrooms6
- Full Bathrooms6
- Half Bathrooms0
- Lot Size0.1683 Acres
Data Source:
Mobile Area Association of REALTORS®® Inc/Gulf Coast MLS
Property Description
Renovated six-unit, high-income producing apartment building offering a strong and diversified income stream. The property consists of four fully furnished short-term rental units and two long-term rentals, creating an attractive blend of stable tenancy and higher-yield short-term rental income. The short-term units are professionally furnished with updated furniture, bedding, and supplies and are currently operating at near full occupancy, while the two long-term units are leased to reliable tenants providing consistent baseline income. The property also features a coin-operated laundry facility that provides additional income. The building is professionally managed and has been a strong performer, generating average gross rents of over $7,000 per month. Significant capital improvements were completed in 2024, including new roofs, updated electrical systems, and updated plumbing. Nearly all units also received new flooring or refinished hardwood floors, along with new appliances, new PTAC-style HVAC units, and updated water heaters. With most major systems and interior improvements already addressed, the property has been stabilized and positioned for continued strong performance with minimal deferred maintenance. The surrounding area continues to see substantial growth and investment. With the relocation of the Mobile International Airport, the area is experiencing increased development, job creation, and infrastructure improvements, which are expected to further drive housing demand and long-term property values. This is a rare opportunity to acquire a stabilized, income-producing multifamily asset with strong current cash flow and additional upside potential in a rapidly improving area. All measurements are approximate and not guaranteed, buyer to verify.
| Elementary School | Middle School | High School |
|---|---|---|
| Leinkauf Elementary School | Calloway Smith Middle School | Lillie B Williamson High School |
| Price History | |
|---|---|
| 3/6/2026 | Listed $600,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Other |
| Cooling | Other |
| Utilities | Cable Available,Electricity Available,Sewer Available,Water Available |
| Roof | Shingle |
| Construction Materials | Other |
| View | Other |
| Topography | Level |
| Levels | Two |
| Waterfront Features | None |
| Community Features | None |
| Accessibility | None |
| County | Mobile - AL |
| Property Type | Residential Income |
| Energy Efficient | None |
| Subdivision Name | Glendale Park |
| Status | Active |
| High School | Lillie B Williamson |
| City | Mobile |
| Number Of Units Total | 6 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 7331.148 |
| Elementary School | Leinkauf |
| Tax Annual Amount | 1664 |
| Middle/Junior High School | Calloway Smith |
| Standard Status | Active |
| Occupancy Type | Tenant |
Interior Features
| Flooring | Hardwood |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | None |
Exterior Features
| Fencing | Fenced |
|---|---|
| Parking Features | Level Driveway,Parking Lot |
| Lot Features | Level |
| Water Source | Public |
| Total Parking | 8 |
| Lot Size Area | 7331.148 |
| Lot Dimensions | 50x140 |
| Lot Size Acres | 0.1683 |
| Waterfront Y/N | false |
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 36604
Price
Taxes
Baldwin County Association Of Realtors®: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Mobile Area Association of REALTORS® Inc/Gulf Coast MLS; or by the developers of the software, Inside Real Estate, LLC. All rights reserved.
