$799,000

203 Mohawk Street, Mobile, AL 36606

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1945
  • Property Lot Size Icon0.32acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

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.

Listing Status:
Active
Date Added:
March 20, 2026
Data Last Updated:
April 1, 2026 at 8:07PM
Listing Office:
L L B & B, Inc. : 251-342-3200
Listing Agent:
Melissa Morrissette : 251-709-4736
MLS ID:
7733339
  • Flooring: CarpetHardwoodLaminate
  • A/C: Window Unit(s)
  • Heating: None
  • Disability Feature: None
  • Eco/Green Feature: None
  • Parking: DrivewayParking spaces: 9
  • Roofing: Composition
  • Windows: None
  • General: FrameStuccoMulti/Split
  • Originating MLS: GCMLS2
  • County: Mobile - AL
  • Topography: Level
  • Zoning: 2907240006217
  • View: CityView
  • Fencing: None
  • Utilities: Electricity AvailableSewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: GCMLS2

This listing courtesy of Melissa Morrissette , L L B & B, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Leinkauf Elementary School

1410 Monroe St, Mobile, AL, 36604

Grades PK-5

1.23 miles away

W

Williamson High School

1567 E Dublin St, Mobile, AL, 36605

Grades 6-12

1.24 miles away

M

Murphy High School

100 S Carlen St, Mobile, AL, 36606

Grades 9-12

0.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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