Address
1469 Mamie Drive, Mobile, AL
Price
$ 179,900
Property Attributes
  • MLS#7820724
  • TypeSingle Family
  • Listing Status Active
  • CountyMobile
  • CityMobile
  • NeighborhoodAutumndale
  • Zip36618
  • StyleTraditional
  • Year Built1998
  • Taxes$ 423
  • Price$ 179,900
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1421
  • Lot Size0.1978 Acres
Data Source:
Mobile Area Association of REALTORS®® Inc/Gulf Coast MLS
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 (7820915,7820818,7820792,7820755,7820698). Buyer to verify all information during the due diligence period.

Elementary School Middle School High School
Forest Hill Elementary School CL Scarborough Middle School Mattie T Blount High School
Price History
8/13/2026 Listed $179,900

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available,Electricity Available,Sewer Available,Water Available
Roof Shingle
Appliances Electric Cooktop,Refrigerator
Patio/Porch Features None
Architectural Style Traditional
Pool Features None
Construction Materials Brick 4 Sides
Year Built 1998
Electric None
View Other
Levels One
Property Subtype Single Family Residence
Waterfront Features None
Community Features None
Accessibility None
County Mobile - AL
Property Type Residential
Energy Efficient None
Subdivision Name Autumndale
Other Structures None
Total Rooms 7
Full Baths 2
Status Active
High School Mattie T Blount
City Mobile
Lot Size Units Square Feet
Lot Size Square Feet 8616.168
Carport Spaces 1
Carport Y/N true
Spa Features None
Elementary School Forest Hill
Land Lease Y/N false
Tax Annual Amount 423
Middle/Junior High School CL Scarborough
Virtual Tour https://robertsbrothersstudio.com/1469-Mamie-Dr/idx
Standard Status Active
Occupancy Type Tenant

Interior Features

Interior Amenities Other
Basement None
Flooring Laminate
Fireplace Features None
Air Conditioning Y/N true
Heating Y/N true
Window Features None
Fireplace Y/N false
Laundry Features None
Total Bedrooms 4
Kitchen Features None
Total Baths 2
RoomBedroomFeatures None
Primary Bathroom Features None
Dining Room Features None

Exterior Features

Exterior Amenities None
Fencing Back Yard
Parking Features Carport,Covered
Lot Features Back Yard
Water Source Private
Total Parking 2
Lot Size Area 8616.168
Foundation Details None
Spa false
Building Area Total 1421
Lot Dimensions 88x133x69x99
Lot Size Acres 0.1978
Road Surface Type Paved
Waterfront Y/N false
Covered Spaces 1
Road Frontage Type None

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
Taxes
AVG $1,136
$423
Year Built
AVG 1982
1998