2664 Murrell Lane, Mobile, AL 36607

Local realty services provided by:Better Homes and Gardens Real Estate Main Street Properties
2664 Murrell Lane,Mobile, AL 36607
$625,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: kimberly knowles
Office: bay estates
MLS#:7703100
Source:AL_MAAR

Price summary

  • Price:$625,900

About this home

Turnkey 9-Unit Multifamily Investment | 100% Occupied | Midtown Mobile Welcome to 2664 Murrell Ln, Mobile, AL 36607 — a rare opportunity to acquire a fully renovated, fully occupied nine-unit apartment complex in the heart of Midtown Mobile. With an average rent of $775 per unit and 100% occupancy, this property offers immediate cash flow and long-term stability in a market where quality multifamily inventory is limited. Each unit is approximately 825 square feet and features a 2-bedroom, 1-bath layout that appeals to a broad tenant base. The property underwent major capital improvements in 2020, including a new roof, updated electrical, plumbing, and HVAC systems, significantly reducing near-term maintenance and capital expenditure concerns. The complex is constructed of solid brick, providing durability, low maintenance, and strong curb appeal. All units are all-electric, and the property is situated in a quiet, established area while remaining conveniently close to Midtown

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Home facts

  • Listing ID #:7703100
  • Added:9 day(s) ago
  • Updated:January 23, 2026 at 03:07 PM

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Electric

Structure and exterior

  • Roof:Shingle
  • Lot area:0.43 Acres

Schools

  • High school:John L Leflore
  • Middle school:Booker T Washington
  • Elementary school:Holloway

Utilities

  • Water:Available, Public
  • Sewer:Available, Public Sewer

Finances and disclosures

  • Price:$625,900
  • Tax amount:$3,954

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