Duplex & Multi Family For Sale in Mobile, AL

Looking to house hack and offset your mortgage? Tired of high home prices? This unique property offers an opportunity you won't want to miss! Featuring a charming four-bedroom, two-bath main home PLUS a fully furnished coastal-style rental cottage with an established Airbnb history generating over $20,000 annually. Live in the main home and let the rental income help cover your mortgage! The front cottage is turnkey, fully furnished, and already has a track record of great reviews on Airbnb. The main home offers tremendous potential but will need some work to complete, including installation of a kitchen and a few minor repairs. Once finished, you'll have a spacious primary residence with an income-producing property right out front. Situated on just over an acre, the property offers plenty of room for privacy, outdoor enjoyment, and future possibilities. Located just minutes from the water, downtown Mobile, and convenient interstate access, the location offers both accessibility and a coastal feel. Inside, you'll find original hardwood floors, stone accents, generously sized rooms, and abundant natural light that give the home plenty of character. Outside, enjoy a variety of established fruit and nut trees, including figs, plums, peaches, satsumas, and pecans. A large metal building in the rear provides excellent space for a workshop, storage, or hobbies. Whether you're looking for an affordable primary residence with supplemental income, an investment opportunity, or a property with room to grow, this one offers plenty of possibilities! All measurements are approximate and not guaranteed, buyer to verify.

Income-producing brick duplex located on Spring Hill Avenue near downtown Mobile, shopping and restaurants, and medical facilities. An opportunity to live in one unit and rent the other! The property features two units, Unit A (owner-occupied) a 2 bedroom and 1 bath unit and Unit B (tenant occupied) a 3 bedroom, 2 bath unit, which includes a large primary suite. The property was renovated in 2022 (per seller) including LVP flooring, and updated electrical. Units have galley style kitchens, laundry facilities, rear patios and off street parking. Buyer responsible for verifying all measurements and relevant details.

Investment property with 4 apartments. Each apartment has two bedrooms and one bath. Two year old furnishings. Two units have 2024 HVAC's. Walkable to stores and restaurants. Utilities for the 4 units while occupied have been about $600 for power, $120 for gas, water/sewer $160.00. As is, Where is, with no warranties expressed or implied. The seller will make no repairs as may be called for in this contract.

Owner is selling TWO (2) separate income-producing properties, both located on 1 big corner lot: 171 CRENSHAW & 2156 CLEARMONT. The main home is 171 CRENSHAW is 2 bedrooms and 2 full baths. Currently tenant occupied and generating $1650/mo under an active lease. The second home is a fully renovated garage apartment located directly behind the home (separate address is 2156 CLEARMONT but is sold together - on the same lot with 171 Crenshaw). 2156 CLEARMONT (the garage apartment) is operating as an AirBnB with 2 bedrooms / 1 full bath, generating around $3000 consistently each month, The 2156 CLEARMONT AirBnB property was fully renovated in 2023, with all new electrical service, HVAC, plumbing, kitchen, flooring and all the fabulous furnishings you see in photos. 171 CRENSHAW is a solid home, featuring hardwood floors in great shape, spacious living areas and an updated kitchen with a dishwasher. All updates provided by Seller are deemed reliable; Buyer to verify all information.

ATTENTION INVESTORS! MULTIFAMILY POTENTIAL WITH ENDLESS POSSIBILITIES! Opportunity is knocking at 700 Baldwin Drive! Situated on approximately 0.59 acres in the Alabama Village subdivision, this property offers exciting possibilities for investors looking to maximize their investment potential! Explore the opportunity to transform this property into a multifamily income-producing investment, with the potential to create multiple rental units, diversify rental income, and build long-term wealth. A successful multifamily conversion could provide multiple streams of rental income under one property investment, helping offset expenses and increase overall earning potential. Whether you're looking to renovate, reconfigure, or expand your rental portfolio, bring your vision and explore the possibilities! All conversions, additional units, and intended uses are subject to zoning, permitting, and applicable building requirements. Buyer and buyer's agent to verify all information deemed important. Don't let this investment opportunity pass you by!

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. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. Year built is unknown. This This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title. Buyer to verify all information during due diligence.

Charming Midtown Duplex with Endless Possibilities! Located in the heart of Midtown Mobile, this spacious duplex offers a wonderful opportunity for an investor, owner-occupant, or someone looking for a property with separate living accommodations. The left unit features 2 bedrooms and 2 full baths, a spacious living room, kitchen, dedicated laundry room, and plenty of comfortable living space. The right unit offers 1 bedroom plus an additional flex room, one and half baths, a spacious living room, kitchen, laundry area, and generous closet space. Both units are currently vacant and ready for new occupants, and an added bonus is that the utilities are separately metered, making the property especially convenient for future rental use. Outside, you'll find a large backyard with plenty of room for relaxing, entertaining, or creating your own outdoor retreat. This home offers the character you expect from an established Midtown property along with the flexibility of two separate living spaces.

This is a great income producing property. 3 beds 1.5 baths, you just can't go wrong with this home. Long term tenant in place and rent has not been raised in 3 years giving the new owner the possibility of even higher returns. Close to shopping, major thoroughfares and any other needed conveniences this is a sought after area for income producing properties. All information herein is deemed accurate, but buyer to verify accuracy. No owner occupants please, tenant has lease. 48 hour notice required

Great home in Cottage Hill. This is a 3 bed 2 bath home. This subdivision is super convenient to all of Mobile's amenities, including shopping, recreation, restaurants etc. This home will be a great addition to an investment portfolio. Long term tenant in place and rent has not been raised in 3 years giving the new owner the possibility of even higher returns. All information herein is deemed accurate, but buyer to verify accuracy. No owner occupants please, tenant has lease. 48 hour notice required

***Income producing property. Don't miss out on the three bedroom 1 bath home featuring some updates in 2023. Laminate flooring , and ceiling fans in all bedrooms, painted kitchen cabinets and new counter tops. Water heater 2025, roof 2022 and the HVAC is serviced twice a year. All appliances to remain. The seller owns four other properties for sale nearby. Call your favorite agent for more information.

Income producing property. Don't miss out on the three bedroom 1 bath home featuring some updates in 2023. Laminate flooring , and ceiling fans in all bedrooms, painted kitchen cabinets and new counter tops. Water heater 2025, roof 2022 and the HVAC is serviced twice a year. All appliances to remain. The seller owns four other properties for sale nearby. Call your favorite agent for more information.

Income producing property. Don't miss out on the three bedroom 1 bath home featuring some updates in 2023. Laminate flooring , and ceiling fans in all bedrooms, painted kitchen cabinets and new counter tops. Water heater 2025, the HVAC is serviced twice a year. All appliances to remain. The seller owns four other properties for sale nearby. Call your favorite agent for more information.

Beautiful 3-acre, 6 Lot Trailer Park in a great location. Property sits on a couple hundred feet behind a privacy fence. 3 existing septic systems, 4 trailers that all need work. One rented for $1200, another easy to repair that's a 2 bed 1.5 bath that should rent for 750-850 a month. Park backs up to a farm on one side and many acres on the other. Room for 3 more septic tanks

FULLY RENTED INCOME-PRODUCING DUPLEX WITH TENANTS ALREADY IN PLACE! Take a look at this investment opportunity at 19 Gulf St in Chickasaw. This 1,592 sq ft duplex features two separate 1-bedroom, 1-bath units, each offering approximately 796 sq ft of living space. Even better, both units are currently tenant-occupied, with each unit already generating rental income. The property offers plenty of character, including high ceilings, metal roof, screened porch areas, abundant natural light and charming architectural details. Interior features include wood-look flooring, neutral finishes, white cabinetry and decorative fireplace features. Mature shade trees surround the property, while the screened porches provide additional usable space for each unit. For investors, much of the groundwork has already been done—two units, two existing tenants and rental income already being generated. Whether you're looking to add another property to an established portfolio or purchase your first income-producing property, 19 Gulf St deserves a look. Conveniently located in Chickasaw with access to nearby shopping and restaurants. NO HOA. Contact your favorite real estate professional for additional information and showing instructions. Listing agent/broker makes no guarantee as to the accuracy of information provided. Buyer and/or buyer's agent to verify all measurements and information deemed important during Due Diligence Period.

Investment opportunity! Income producing brick duplex featuring two 2-bedroom, 1 bath units with a combined gross rental income of $1,770 per month ($21,240 annually). Unit A rents for $900/month on a month- to- month basis, while Unit B rents for $870/ month through March 2027, providing both immediate cash flow and future flexibility. Major updates include roof, (2024) and water heater (2024). Conveniently located near shopping, dining and major thoroughfares, and minutes from Downtown. Buyer to verify all information deemed important.

Attention Investors!!! An excellent investment opportunity in the heart of Midtown! This 9-unit apartment complex offers a mix of 1- and 2-bedroom units, each with 1 bathroom, and is currently 100% occupied, providing immediate income for a new owner. Monthly rents range from $600 to $800 per unit, offering strong and consistent cash flow potential. Each unit is equipped with window air-conditioning units and are all electric, with city water and city sewer service. All apartments include a stove and refrigerator (except for one unit where the refrigerator belongs to the tenant). The property also offers on-site parking for residents. Located in a fantastic Midtown location, the property is convenient for dining, shopping, and entertainment, with easy access to major thoroughfares providing quick connectivity to all areas of Mobile. With strong occupancy, a desirable location, and steady rental history, this property presents a great opportunity for investors seeking a well-located income-producing asset. Buyer to verify all information during due diligence.

Fully leased quadplex investment opportunity in Midtown Mobile, just minutes from Downtown. This income-producing property currently generates $4,250 per month in gross rental income, with executed leases in place for all four units. Tenants are responsible for their own utilities, and each unit has its own power meter, water meter, water heater, and central HVAC system. Major recent improvements include a new FORTIFIED roof completed in 2026, replacement of the main 6-inch sewer line in 2026, HVAC systems replaced since 2018/2019, and post-COVID water heaters. Unit B was also renovated in 2025 with new carpet, interior paint, light fixtures, and a new stove. No HOA. With established tenants, current leases in place, and significant recent capital improvements already completed, this property offers the opportunity to acquire a stabilized, income-producing asset in a highly visible Midtown location. Financial information, rent roll, leases, and additional property documents available upon request. Buyer and/or buyer's agent to verify all details.

Investor opportunity — package sale of four income-producing units at 2050, 2052, 2062, and 2064 Andrews St, Mobile, AL 36617. Each unit is a one-bedroom, one-bathroom residence, offering a consistent and manageable footprint ideal for long-term rental operations. All four units are currently occupied, providing immediate cash flow from day one with no lease-up period required.

Back on Market at No Fault to Seller!! Investor Special! This 3-bedroom, 1-bath property offers immediate rental income with a tenant already in place who would like to remain after closing. Currently an income generating rental property. This property presents an excellent opportunity to add a cash-flowing asset to your portfolio. Conveniently located and easy to maintain, this home is ideal for both seasoned investors and those looking to start building their investment portfolio. Please do not disturb the tenant. Showings will only be approved with an accepted offer. The listing company makes no representation of the accuracy of square footage; the Buyer or buyer agent should verify all information deemed important.

Income Property – Perfect for first-time investors! Live in the upstairs unit and earn rental income from the downstairs unit. The vacant unit has been freshly painted from top to bottom, with a spacious eat-in kitchen perfect for hosting gatherings. The bathroom shines with a new bathtub, tub surround, vanity, and mirror. Enjoy plenty of natural light and original hardwood floors throughout. The downstairs unit features luxury vinyl flooring. Both units include a flexible bonus space that can be used as extra living area or a third bedroom. Outside, a fresh coat of paint boosts curb appeal, and a new privacy fence adds security for tenants. Contact your favorite realtor to set up a showing. All measurements are approximate and should be verified by buyers.

Investor Alert!! Great investment opportunity in a convenient Midtown location! 266 Rickarby Street includes two separate 3-unit apartment buildings located at 264 and 266 Rickarby Street, situated just south of Government Street with easy access to major thoroughfares. The property features six fully occupied units, providing immediate rental income. The unit mix includes four 2-bedroom, 1-bath apartments and two 1-bedroom, 1-bath apartments. Each unit offers hardwood floors and window HVAC units for heating and cooling. The property is serviced by gas, electricity, city water, and city sewer. All apartments are currently leased, with rents ranging from $500 to $800 per month, and one unit participating in the Section 8 program. Located just off Government Street and close to the Loop, the property offers easy access to shopping, dining, and major routes throughout the city, and is just minutes from downtown Mobile. With two buildings, six fully leased units, and a strong rental location, this property presents a fantastic opportunity for investors seeking a stable, income-producing asset.

These homes are great for Investors, it includes 2 single family homes and a duplex, 319, 321 & 323 is included in the sale. 3 units have tenants; the other tenant has recently moved out. These are income producing properties. One home is 3/1 one is 3/2 and duplex is 2/1 total square footage is 3879. Buyer’s Agent and Buyer to verify all information deemed important during due diligence. Please give a 24 hrs. notice.

Discover this well-maintained 2--bedroom, 1-bath home located on South Wasson Avenue in Mobile. This inviting property offers a functional layout, comfortable living spaces, and classic Southern charm—making it an excellent opportunity for investors seeking a turnkey rental. The home features a bright living area, an efficient kitchen, and generously sized bedrooms. Outside, the property includes a spacious yard with room to relax or garden. Conveniently situated near shopping, dining, schools, and major roadways, it provides easy access to everything Mobile has to offer. **Property is currently tenant-occupied**, providing immediate rental income for the new owner. Please allow appropriate notice for all showings. Whether you're expanding your portfolio or searching for a reliable income-producing property, this home is a solid choice in a desirable location. --- If you'd like, I can tailor this further—add square footage, highlight specific upgrades, or match the tone to your brokerage’s style.

This income producing property is ready for new owners. 3 units 100% occupied. Perfectly located in midtown where everyone wants to be...close to downtown entertainment district, the business district, I-10 for quick trips to Baldwin County, Pensacola or west to I-65. The property has 2 downstairs units which are 1 bed and 1 bath each. The upstairs unit is a spacious 2 bed 1 bath. Plenty of parking and a coded laundry room for the tenants only. Don't miss the opportunity to purchase your very own triplex. Square footage is deemed accurate but not guaranteed. 48 hour notice required. Interior pictures prior to occupancy are available. Tenant occupied. Do not disturb the residents. Buyer to verify all deemed important.

This duplex is ready for it's new owners!! If you are ready to expand your portfolio, this property is for you! This duplex offers close proximity to Mardi Gras events, and any other downtown activity you or your tenets would like to attend! Front unit has 3 bedrooms and 1 bath and the back unit is a 1 bedroom 1 bath unit with storage underneith. Call your favorite realtor today to schedule your showing! May be subject to Alabamas One Year Right of Redemption. FCD 7/2/2024