Address
207 Michigan Avenue, Mobile, AL
Price
$ 435,000
Property Attributes
  • MLS#7735622
  • TypeSingle Family
  • Listing Status Active
  • CountyMobile
  • CityMobile
  • NeighborhoodGlendale Park
  • Zip36604
  • Style
  • Year Built1977
  • Taxes$ 3136
  • Price$ 435,000
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms0
  • Lot Size0.1357 Acres
Data Source:
Mobile Area Association of REALTORS®® Inc/Gulf Coast MLS
Property Description

Six unit apartment building currently generating over $5,500 per month in gross rent. This building is composed of five long term rental units, and one short term rental unit. Building has been partially renovated with room to update some units and increase rents. This building is located on Michigan Avenue, which will be the corridor to both the interstate for Midtown and the route to the new Mobile International Airport. Currently under professional management so perfect for out of town buyers. This building will generate income from closing day forward. Just a few of the updates done over the last few years include three updated mini split air conditioners, main panel upgrade in 2022, and a partial replumb including sewer lines. This included the majority of plumbing fixtures as well. An exterior paint job and landscaping was also done approx 2023. Building is comprised of four, one bed, one bath units, and two studios. Call for more information today.

Elementary School Middle School High School
Leinkauf Elementary School Calloway Smith Middle School Murphy High School
Price History
3/16/2026 Listed $475,000
6/4/2026 6$445,000
7/20/2026 2$435,000

General Features

Sewer Public Sewer
Heating Central,Electric,Natural Gas
Cooling Ceiling Fan(s),Central Air,Window Unit(s)
Utilities Sewer Available,Water Available,Other
Roof Shingle,Slate
Construction Materials Frame
Year Built 1977
View City
Topography Level
Levels Two
Waterfront Features None
Community Features Sidewalks
Accessibility None
County Mobile - AL
Net Operating Income 49019
Property Type Residential Income
Energy Efficient None
Subdivision Name Glendale Park
Status Active
High School Murphy
City Mobile
Number Of Units Total 6
Lot Size Units Square Feet
Lot Size Square Feet 5911.092
Elementary School Leinkauf
Tax Annual Amount 3136
Middle/Junior High School Calloway Smith
Standard Status Active
Occupancy Type Vacant

Interior Features

Flooring Ceramic Tile,Hardwood
Air Conditioning Y/N true
Heating Y/N true
Window Features None

Exterior Features

Fencing Back Yard,Fenced
Parking Features Driveway,Parking Lot
Lot Features Level
Water Source Public
Total Parking 6
Lot Size Area 5911.092
Lot Dimensions 50x120
Lot Size Acres 0.1357
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
AVG $380K
$440K
Taxes
AVG $1,383
$3,136
Year Built
AVG 1947
1977