302 Michigan Avenue, Mobile, AL 36604

Local realty services provided by:Better Homes and Gardens Real Estate Main Street Properties
302 Michigan Avenue,Mobile, AL 36604
$715,000
  • 10 Beds
  • 10 Baths
  • 3,544 sq. ft.
  • Single family
  • Active
Listed by: rameh khazenCELL: 251-786-4673
Office: bellator real estate llc. mobil
MLS#:391577
Source:AL_BCAR

Price summary

  • Price:$715,000
  • Price per sq. ft.:$201.75

About this home

Updated and stabilized, ten unit apartment complex in Midtown Mobile! Updated roof, fresh interior and new lighting. All with neutral colored paint, and vinyl plank floors. The kitchens are updated with white cabinets and countertops. Seven units are studio apartments, two units are two bedrooms, and one unit is a three bedroom. Out of the ten units, eight are currently long term tenants with one year leases, two units are being utilized as short term rentals. The short term rental units are generating approx $1200 per month, per unit. The rents on the long term units vary by unit. Rent rolls available by request. Property is near full occupancy and generates around $8500 gross per month on average. This area has seen great improvement and has excellent future appreciation potential. Located less than half a mile from Downtown Mobile, close to interstate access and not far from Mardi Gras parade routes. Roofs, plumbing, and electrical updates are approximately 8 years old. Call for

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Home facts

  • Listing ID #:391577
  • Added:2 day(s) ago
  • Updated:February 10, 2026 at 04:59 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:10
  • Full bathrooms:10
  • Living area:3,544 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Electric (Cool)

Structure and exterior

  • Roof:Composition
  • Building area:3,544 sq. ft.
  • Lot area:0.46 Acres

Schools

  • High school:Murphy
  • Middle school:Calloway Smith
  • Elementary school:Leinkauf

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$715,000
  • Price per sq. ft.:$201.75
  • Tax amount:$928

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