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Sold on 06/09/2025
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5 N Fulton St, Mobile, AL 36607

  • $900,000

    Last sold 06/09/2025 after 144 Days

  • 15

    bed

  • 10

    bath

  • 8,000

    Sqft ($113/Sqft)

House not for sale
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About 5 N Fulton St

Property type House
Neighborhood
Year built 1986
HOA fee $0/month
Property description
Located near the heart of Downtown Mobile, this exceptional portfolio offers 10 fully rented units, including a triplex, three duplexes, and a single apartment. Currently rented below market value, this property presents a lucrative opportunity for increased revenue as leases renew. Recent updates by the seller, including electrical, plumbing and HVAC systems, provide peace of mind for investors looking for a turnkey opportunity. This property’s prime location is a significant draw for tenants and investors alike. Residents enjoy easy access to thriving dining scenes, entertainment venues, and the historic charm of the Oakleigh Historic District. The property is also close to Ladd-Peebles Stadium, Bel Air Mall, and the famous Mobile Mardi Gras parade routes. For those seeking outdoor activities, Bienville Square and the Mobile Bay waterfront are just a short drive away. Additionally, the property is well-connected to major roadways, including I-65 and I-10, making it a convenient choice for commuters. Tenants pay all utilities except for landscaping, keeping operating expenses low and maximizing returns. Whether you're a seasoned investor or looking to expand your portfolio, this cash-flowing asset in one of Mobile's most popular areas is a rare find. Don’t miss out—schedule your showing today and capitalize on this growth opportunity! Proof of funds must be submitted prior to showings. Owner financing options are available. Buyer and Buyer's Agent to verify all information. Buyer to verify all information during due diligence.
Listed by
Listing Agent - Taylor Pettway
Listing Office - Goode Realty, LLC
Source: Baldwin REALTORS® mls logo
MLS#372888 • last updated 2 weeks ago
Movoto checked Baldwin REALTORS® for data 3 hours ago
Overview
Cooling/AC Window Unit(s)
Heating Wall Furnace
Levels/Style Other See Remarks
MLS # 372888
SubType Residential Detached
Type Residential
Status Closed
SqFt 8000
Year Built 1986
Interior
Total # of Bathrooms 10
# of Full Baths 10
Total # of Bedrooms 15
Flooring Tile, Wood
Appliances Gas Range, Refrigerator, Smoke Detector
Interior Features Ceiling Fan(s)
Exterior
Roofing Other/See Remarks
Parking Attached
Lot Features Less Than 1 Acre
Amenities / Utilities
Utilities Alabama Power
Location
View None/Not Applicable
Waterfront No Waterfront
County Mobile County
Subdivision Park Place
Community Features None
Elementary School Mobile Other Elementary
Middle School Mobile-Other
High School Mobile-Other High
APN 2907240003059XXX
Directions From I65/Dauphin St., Go East Approx. 2.2 Miles And Turn Left Onto N. Fulton St. This Listing Includes The First Four Buildings On Your Left.
We are not permitted to show value estimates for this property.
  • Apr 2026
    mls logo MLS # 372888
  • Apr 8, 2026 Sold
    $900,000
  • Jan 16, 2025 Listed
    $900,000
  • Jun 2025
    mls logo MLS # 7510480
  • Jun 10, 2025 Sold
    $900,000
  • Mar 26, 2025 Pending
  • Mar 18, 2025 Listed
  • Feb 28, 2025 Active
  • Jan 16, 2025 Listed
    $900,000
  • 5 N Fulton St
    $900K
  • Park Place
    $246K +2% y/y
  • 36607
    $179K -9% y/y
  • Mobile
    $269K +3% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
Fulton St, Mobile, AL 36607 $135,000 2/1 1,016 0.02
2020 Dauphin St, Mobile, AL 36606 $302,000 —/1 2,262 0.03
11 N Fulton St, Mobile, AL 36607 $350,000 4/2 2,391 0.03
2056 Dauphin St, Mobile, AL 36606 $223,000 —/2 1,384 0.03
2016 Dauphin St, Mobile, AL 36606 $419,000 3/2 2,128 0.04
8 N Fulton St, Mobile, AL 36607 $183,000 3/1 1,520 0.04
2053 Dauphin St, Mobile, AL 36606 $314,000 —/1 1,960 0.05
2055 Dauphin St, Mobile, AL 36606 $355,000 5/3 3,360 0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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Source: GreatSchools.org © 2026. All rights reserved.

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