1469 Mamie Dr, Mobile, AL 36618

Mobile
Local realty services provided by:Better Homes and Gardens Real Estate Main Street Properties
1469 Mamie Dr,Mobile, AL 36618
$175,000
Virtual Tour
  • 4 Beds
  • 2 Baths
  • 1,421 sq. ft.
  • Single family
  • Active
Listed by: chrissi moore
Office: roberts brothers west
MLS#:408488
Source:AL_BCAR

Price summary

  • Price:$175,000
  • Price per sq. ft.:$123.15

About this home

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...

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Home facts

  • Year built:1998
  • Subdivision & Development:Autumndale
  • Listing ID #:408488
  • Added:41 day(s) ago
  • Updated:September 24, 2026 at 11:48 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Laminate
  • Kitchen Description:Cooktop, Refrigerator
  • Living area:1,421 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Roof:Composition Shingle
  • Year built:1998
  • Building area:1,421 sq. ft.
  • Lot Features:Less Than 1 Acre
  • Architectural Style:Traditional
  • Levels:1 Story

Schools

  • High school:Mattie T. Blount High
  • Middle school:C.L. Scarborough Middle
  • Elementary school:Forest Hill Elementary

Finances and disclosures

  • Price:$175,000
  • Price per sq. ft.:$123.15

Features and amenities

  • Appliances:Cooktop, Refrigerator

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