$179,900

1469 Mamie Dr, Mobile, AL 36618

4 beds |
2 baths |
1,421 sqft

Single-Family Home
Built in 1998
—— sqft lot
—— car garage
$127/sqft
Listed 7 days ago

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 (408492,408531,408533,408534,408538). Buyer to verify all information during the due diligence period. Buyer to verify all information during due diligence.

Listing Status:: Active
Date Added:: August 13, 2026
Data Last Updated:: August 20, 2026 at 7:08AM
Listing Office:: Roberts Brothers West : 251-661-4660
Listing Agent:: Laurye Brunson : 251-753-3927
MLS ID:: 408488

Appliances: CooktopRefrigerator
Flooring: Laminate
Heating: Electric
Fireplace: Fireplaces: 0

Style: Traditional
Pool: None
Parking: Other/See Remarks

Roofing: Composition Shingle
General: 1

HOA Amenities: 0.0Monthly
Originating MLS: Baldwin County
County: Mobile County

Zoning: Lot 85 Autumndale Mbk 8/229 #Sec 1 T4s R2w #Mp28 01 01 4 0002801014000016XXX

Utilities: Water CitySewage CityAlabama Power

Source: Baldwin County
Ownership: Whole Full

This listing courtesy of Laurye Brunson , Roberts Brothers West

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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