1013 Elmira St · Mobile, AL 36604

$200,000

3 bd · 1.0 ba · 1,578 sqft · MultiFamily public records · 147 Days on market

Built 1985 5,445 sqft lot $127/sqft · at area comps Est $206k · at est.

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +24.8/30.0
• ARV discount +8.9/15.0
• DSCR +8.0/10.0
• 1% rule +5.4/10.0
• Livability +3.8/5.0
• Rent growth +3.4/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks MLS

Income-Producing Midtown Opportunity – Live in One, Rent the Other! Fully renovated and move-in ready, this unique Midtown property offers incredible flexibility with a 2 bed / 1 bath main home PLUS a separate 1 bed / 1 bath living space complete with its own kitchen and living area—perfect for rental income, guests, or multi-generational living. The home has been meticulously updated with a brand new architectural shingle roof, all new electrical wiring, and all new plumbing, all professionally installed for peace of mind. Inside, you’ll find new vinyl plank flooring, fresh neutral paint, and a completely updated kitchen featuring white cabinetry, quartz countertops, and subway tile backsplash. Located in the heart of Oakleigh, you’re just a short walk from local favorites—grab a burger at Callaghan’s, enjoy Washington Square, or relax on your front porch and take in the charm of Midtown living. The flexible layout makes this property ideal for: • House hacking (live in one unit, rent the other) • Short- or long-term rental income • Private space for extended family or guests An added bonus for Midtown: a spacious garage, offering valuable storage or parking. Updated homes with built-in income potential in this location are hard to find—don’t miss your chance to own a versatile and fully renovated property in one of Midtown’s most desirable areas. All improvements per seller. All measurements are approximate and not guaranteed; buyer to verify all information during due diligence.

Key facts

• Brand new kitchen
• All new plumbing
• 5,445 sq ft lot

Tags

• ARCHITECTURAL SHINGLED ROOF
• ALL NEW ELECTRICAL WIRING
• ALL NEW PLUMBING
• WALKING DISTANCE TO OAKLEIGH
• NEW VINYL PLANK FLOORS
• BRAND NEW KITCHEN

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath multifamily listed at $200k.

Deal economics

• At list price, monthly cash flow is $421 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $200k).
• Recommended offer: $176k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.8% vs local median 4.9% in Mobile — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 75/100 on livability (#20 in AL, #4,262 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools D-, crime F, employment D-.
• Mobile County (urban): math 15% / reading 39% proficiency, ranked #81 of 129 in AL (top 63%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.8%/yr); 93 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,678 units permitted in Mobile County in 2024 (264 in 5+ unit buildings).
• This rent runs 38% of the median local income ($66k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Mobile County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 147 days — a 12% lower offer ($176k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts; this cycle's ask is 20001% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $94k; list at $200k implies a 112% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $176,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 147 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.04% ✓
• Cap rate: 8.82%
• Cash-on-cash: 9.02%
• DSCR: 1.40
• GRM: 8.0

CMA / ARV

• ARV (median comp): $206,390
• List price: $200,000
• Delta: -3.10%
• Verdict: FAIR
• Comps: 5 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.78% rent growth · sell at horizon

5-year hold

• IRR: -1.9%
• Equity multiple: 0.93×
• Total profit: $-4,025
• Equity at exit: $29,821

10-year hold

• IRR: 8.5%
• Equity multiple: 1.67×
• Total profit: $37,588
• Equity at exit: $17,292

Cash invested: $56,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Alabama: 90 Strongly Landlord-Friendly · R+15
• County: — inherits STATE
• City: — inherits STATE

Right-to-evict in 7 days for non-payment; no rent control; preempted statewide; courts move quickly.

Methodology + full state rankings →

ZIP-level market 36604

• Rents YoY: 3.8%
• Active inventory: 93
• Price-to-rent: 15.6×

Monthly cashflow live

• Estimated rent: $2,077 high
• Mortgage (P&I): −$1,049
• Tax from tax record: −$88 /mo · $1,053/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$436
• Net cashflow: $421

Break-even live

Break-even rent $1,544

Max offer price $200,000

Occupancy floor 75%

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
1× unit	2	1	$1,069
1× unit	1	1	$1,008
Total (2 units)			$2,077

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $50,000
• Closing costs: $6,000
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
957 Savannah St Mobile, AL	2.0	1.5	1054	$1,400	$1.33	21d	1	0.17mi
711 Marine St Mobile, AL	2.0	1.0	1100	$1,150	$1.05	43d	1	0.45mi
1141 Montauk Ave Unit 1043864P Mobile, AL	3.0	2.0	1420	$2,741	$1.93	13d	1	0.53mi
814 S Broad St Unit 1043690P Mobile, AL	3.0	2.0	1991	$3,562	$1.79	13d	1	0.65mi
961 Old Shell Rd Unit A Mobile, AL	3.0	2.5	1600	$1,295	$0.81	43d	1	0.68mi
1417 Monroe St Mobile, AL	2.0	1.0	1064	$1,350	$1.27	43d	1	0.70mi
500 Palmetto St Mobile, AL	3.0	2.0	1786	$1,450	$0.81	43d	1	0.79mi
107 Michael Donald Ave Unit 1043461P Mobile, AL	4.0	3.5	2195	$3,962	$1.81	13d	1	0.82mi
84 S Lafayette St Unit 1043577P Mobile, AL	3.0	2.0	1496	$3,116	$2.08	13d	1	0.84mi
57 N Ann St Unit 1043453P Mobile, AL	2.0	2.0	1065	$2,015	$1.89	21d	1	0.86mi
811 Gorgas St Mobile, AL	4.0	1.0	1300	$1,310	$1.01	43d	1	0.92mi
1204 Seneca St Mobile, AL	3.0	2.0	1425	$1,345	$0.94	13d	1	1.02mi
412 Dauphin St Mobile, AL	2.0	1.0–2.5	1553	$2,350	$1.51	13d	2	1.02mi
1321 SpringHill Ave Unit B Mobile, AL	2.0	1.0	2006	$950	$0.47	43d	1	1.07mi
107 Macy Pl Mobile, AL	3.0	2.0	1800	$2,250	$1.25	43d	1	1.09mi
1566 Dauphin St Unit Back Carriage House Mobile, AL	3.0	1.0	1300	$1,200	$0.92	43d	1	1.17mi
1660 Laurel St Mobile, AL	3.0	2.0	1768	$2,200	$1.24	13d	1	1.22mi
1704 McGill Ave Unit B Mobile, AL	3.0	2.5	1500	$1,750	$1.17	43d	1	1.27mi

Listing history 37 events

1. 2026-06-10
   days on market $200,000 Active 147 DOM
2. 2026-06-09
   days on market $200,000 Active 146 DOM
3. 2026-06-08
   days on market $200,000 Active 145 DOM
4. 2026-06-07
   days on market $200,000 Active 144 DOM
5. 2026-06-05
   days on market $200,000 Active 141 DOM
6. 2026-06-03
   days on market $200,000 Active 140 DOM
7. 2026-06-02
   days on market $200,000 Active 139 DOM
8. 2026-06-01
   days on market $200,000 Active 138 DOM
9. 2026-05-31
   days on market $200,000 Active 137 DOM
10. 2026-05-30
    days on market $200,000 Active 136 DOM
11. 2026-05-16
    historical $995
12. 2026-05-08
    listed $995
13. 2026-02-17
    price $200,000 1585-char remark

    Show marketing remark (1644 chars)

    Income-Producing Midtown Opportunity – Live in One, Rent the Other!Fully renovated and move-in ready, this unique Midtown property offers incredible flexibility with a 2 bed / 1 bath main home PLUS a separate 1 bed / 1 bath living space complete with its own kitchen and living area—perfect for rental income, guests, or multi-generational living. The home has been meticulously updated with a brand new architectural shingle roof, all new electrical wiring, and all new plumbing, all professionally installed for peace of mind. Inside, you’ll find new vinyl plank flooring, fresh neutral paint, and a completely updated kitchen featuring white cabinetry, quartz countertops, and subway tile backsplash. (all improvements per seller)Located in the heart of Oakleigh, you’re just a short walk from local favorites—grab a burger at Callaghan’s, enjoy Washington Square, or relax on your front porch and take in the charm of Midtown living. The flexible layout makes this property ideal for:• House hacking (live in one unit, rent the other)• Short- or long-term rental income• Private space for extended family or guestsAn added bonus for Midtown: a spacious garage, offering valuable storage or parking. Updated homes with built-in income potential in this location are hard to find—don’t miss your chance to own a versatile and fully renovated property in one of Midtown’s great areas. All improvements per seller. All measurements are approximate and not guaranteed; buyer to verify all information during due diligence. Buyer to verify all information during due diligence.

14. 2026-02-17
    price $200,000 1644-char remark

    Show marketing remark (1644 chars)

    Income-Producing Midtown Opportunity – Live in One, Rent the Other!Fully renovated and move-in ready, this unique Midtown property offers incredible flexibility with a 2 bed / 1 bath main home PLUS a separate 1 bed / 1 bath living space complete with its own kitchen and living area—perfect for rental income, guests, or multi-generational living. The home has been meticulously updated with a brand new architectural shingle roof, all new electrical wiring, and all new plumbing, all professionally installed for peace of mind. Inside, you’ll find new vinyl plank flooring, fresh neutral paint, and a completely updated kitchen featuring white cabinetry, quartz countertops, and subway tile backsplash. (all improvements per seller)Located in the heart of Oakleigh, you’re just a short walk from local favorites—grab a burger at Callaghan’s, enjoy Washington Square, or relax on your front porch and take in the charm of Midtown living. The flexible layout makes this property ideal for:• House hacking (live in one unit, rent the other)• Short- or long-term rental income• Private space for extended family or guestsAn added bonus for Midtown: a spacious garage, offering valuable storage or parking. Updated homes with built-in income potential in this location are hard to find—don’t miss your chance to own a versatile and fully renovated property in one of Midtown’s great areas. All improvements per seller. All measurements are approximate and not guaranteed; buyer to verify all information during due diligence. Buyer to verify all information during due diligence.

15. 2026-02-05
    price $219,900 1585-char remark

    Show marketing remark (1585 chars)

    Income-Producing Midtown Opportunity – Live in One, Rent the Other! Fully renovated and move-in ready, this unique Midtown property offers incredible flexibility with a 2 bed / 1 bath main home PLUS a separate 1 bed / 1 bath living space complete with its own kitchen and living area—perfect for rental income, guests, or multi-generational living. The home has been meticulously updated with a brand new architectural shingle roof, all new electrical wiring, and all new plumbing, all professionally installed for peace of mind. Inside, you’ll find new vinyl plank flooring, fresh neutral paint, and a completely updated kitchen featuring white cabinetry, quartz countertops, and subway tile backsplash. Located in the heart of Oakleigh, you’re just a short walk from local favorites—grab a burger at Callaghan’s, enjoy Washington Square, or relax on your front porch and take in the charm of Midtown living. The flexible layout makes this property ideal for: • House hacking (live in one unit, rent the other) • Short- or long-term rental income • Private space for extended family or guests An added bonus for Midtown: a spacious garage, offering valuable storage or parking. Updated homes with built-in income potential in this location are hard to find—don’t miss your chance to own a versatile and fully renovated property in one of Midtown’s most desirable areas. All improvements per seller. All measurements are approximate and not guaranteed; buyer to verify all information during due diligence.

16. 2026-01-14
    status Active 1585-char remark

    Show marketing remark (1585 chars)

    Income-Producing Midtown Opportunity – Live in One, Rent the Other! Fully renovated and move-in ready, this unique Midtown property offers incredible flexibility with a 2 bed / 1 bath main home PLUS a separate 1 bed / 1 bath living space complete with its own kitchen and living area—perfect for rental income, guests, or multi-generational living. The home has been meticulously updated with a brand new architectural shingle roof, all new electrical wiring, and all new plumbing, all professionally installed for peace of mind. Inside, you’ll find new vinyl plank flooring, fresh neutral paint, and a completely updated kitchen featuring white cabinetry, quartz countertops, and subway tile backsplash. Located in the heart of Oakleigh, you’re just a short walk from local favorites—grab a burger at Callaghan’s, enjoy Washington Square, or relax on your front porch and take in the charm of Midtown living. The flexible layout makes this property ideal for: • House hacking (live in one unit, rent the other) • Short- or long-term rental income • Private space for extended family or guests An added bonus for Midtown: a spacious garage, offering valuable storage or parking. Updated homes with built-in income potential in this location are hard to find—don’t miss your chance to own a versatile and fully renovated property in one of Midtown’s most desirable areas. All improvements per seller. All measurements are approximate and not guaranteed; buyer to verify all information during due diligence.

17. 2026-01-13
    listed $219,900 Active 1644-char remark

    Show marketing remark (1644 chars)

    Income-Producing Midtown Opportunity – Live in One, Rent the Other!Fully renovated and move-in ready, this unique Midtown property offers incredible flexibility with a 2 bed / 1 bath main home PLUS a separate 1 bed / 1 bath living space complete with its own kitchen and living area—perfect for rental income, guests, or multi-generational living. The home has been meticulously updated with a brand new architectural shingle roof, all new electrical wiring, and all new plumbing, all professionally installed for peace of mind. Inside, you’ll find new vinyl plank flooring, fresh neutral paint, and a completely updated kitchen featuring white cabinetry, quartz countertops, and subway tile backsplash. (all improvements per seller)Located in the heart of Oakleigh, you’re just a short walk from local favorites—grab a burger at Callaghan’s, enjoy Washington Square, or relax on your front porch and take in the charm of Midtown living. The flexible layout makes this property ideal for:• House hacking (live in one unit, rent the other)• Short- or long-term rental income• Private space for extended family or guestsAn added bonus for Midtown: a spacious garage, offering valuable storage or parking. Updated homes with built-in income potential in this location are hard to find—don’t miss your chance to own a versatile and fully renovated property in one of Midtown’s great areas. All improvements per seller. All measurements are approximate and not guaranteed; buyer to verify all information during due diligence. Buyer to verify all information during due diligence.

18. 2026-01-01
    historical 1585-char remark

    Show marketing remark (1585 chars)

    Income-Producing Midtown Opportunity – Live in One, Rent the Other! Fully renovated and move-in ready, this unique Midtown property offers incredible flexibility with a 2 bed / 1 bath main home PLUS a separate 1 bed / 1 bath living space complete with its own kitchen and living area—perfect for rental income, guests, or multi-generational living. The home has been meticulously updated with a brand new architectural shingle roof, all new electrical wiring, and all new plumbing, all professionally installed for peace of mind. Inside, you’ll find new vinyl plank flooring, fresh neutral paint, and a completely updated kitchen featuring white cabinetry, quartz countertops, and subway tile backsplash. Located in the heart of Oakleigh, you’re just a short walk from local favorites—grab a burger at Callaghan’s, enjoy Washington Square, or relax on your front porch and take in the charm of Midtown living. The flexible layout makes this property ideal for: • House hacking (live in one unit, rent the other) • Short- or long-term rental income • Private space for extended family or guests An added bonus for Midtown: a spacious garage, offering valuable storage or parking. Updated homes with built-in income potential in this location are hard to find—don’t miss your chance to own a versatile and fully renovated property in one of Midtown’s most desirable areas. All improvements per seller. All measurements are approximate and not guaranteed; buyer to verify all information during due diligence.

19. 2025-10-10
    price $239,900 1585-char remark

    Show marketing remark (1585 chars)

    Income-Producing Midtown Opportunity – Live in One, Rent the Other! Fully renovated and move-in ready, this unique Midtown property offers incredible flexibility with a 2 bed / 1 bath main home PLUS a separate 1 bed / 1 bath living space complete with its own kitchen and living area—perfect for rental income, guests, or multi-generational living. The home has been meticulously updated with a brand new architectural shingle roof, all new electrical wiring, and all new plumbing, all professionally installed for peace of mind. Inside, you’ll find new vinyl plank flooring, fresh neutral paint, and a completely updated kitchen featuring white cabinetry, quartz countertops, and subway tile backsplash. Located in the heart of Oakleigh, you’re just a short walk from local favorites—grab a burger at Callaghan’s, enjoy Washington Square, or relax on your front porch and take in the charm of Midtown living. The flexible layout makes this property ideal for: • House hacking (live in one unit, rent the other) • Short- or long-term rental income • Private space for extended family or guests An added bonus for Midtown: a spacious garage, offering valuable storage or parking. Updated homes with built-in income potential in this location are hard to find—don’t miss your chance to own a versatile and fully renovated property in one of Midtown’s most desirable areas. All improvements per seller. All measurements are approximate and not guaranteed; buyer to verify all information during due diligence.

20. 2025-10-10
    price $239,900

    Show marketing remark (1585 chars)

    Income-Producing Midtown Opportunity – Live in One, Rent the Other! Fully renovated and move-in ready, this unique Midtown property offers incredible flexibility with a 2 bed / 1 bath main home PLUS a separate 1 bed / 1 bath living space complete with its own kitchen and living area—perfect for rental income, guests, or multi-generational living. The home has been meticulously updated with a brand new architectural shingle roof, all new electrical wiring, and all new plumbing, all professionally installed for peace of mind. Inside, you’ll find new vinyl plank flooring, fresh neutral paint, and a completely updated kitchen featuring white cabinetry, quartz countertops, and subway tile backsplash. Located in the heart of Oakleigh, you’re just a short walk from local favorites—grab a burger at Callaghan’s, enjoy Washington Square, or relax on your front porch and take in the charm of Midtown living. The flexible layout makes this property ideal for: • House hacking (live in one unit, rent the other) • Short- or long-term rental income • Private space for extended family or guests An added bonus for Midtown: a spacious garage, offering valuable storage or parking. Updated homes with built-in income potential in this location are hard to find—don’t miss your chance to own a versatile and fully renovated property in one of Midtown’s most desirable areas. All improvements per seller. All measurements are approximate and not guaranteed; buyer to verify all information during due diligence.

21. 2025-08-29
    price $249,900 1585-char remark

    Show marketing remark (1585 chars)

    Income-Producing Midtown Opportunity – Live in One, Rent the Other! Fully renovated and move-in ready, this unique Midtown property offers incredible flexibility with a 2 bed / 1 bath main home PLUS a separate 1 bed / 1 bath living space complete with its own kitchen and living area—perfect for rental income, guests, or multi-generational living. The home has been meticulously updated with a brand new architectural shingle roof, all new electrical wiring, and all new plumbing, all professionally installed for peace of mind. Inside, you’ll find new vinyl plank flooring, fresh neutral paint, and a completely updated kitchen featuring white cabinetry, quartz countertops, and subway tile backsplash. Located in the heart of Oakleigh, you’re just a short walk from local favorites—grab a burger at Callaghan’s, enjoy Washington Square, or relax on your front porch and take in the charm of Midtown living. The flexible layout makes this property ideal for: • House hacking (live in one unit, rent the other) • Short- or long-term rental income • Private space for extended family or guests An added bonus for Midtown: a spacious garage, offering valuable storage or parking. Updated homes with built-in income potential in this location are hard to find—don’t miss your chance to own a versatile and fully renovated property in one of Midtown’s most desirable areas. All improvements per seller. All measurements are approximate and not guaranteed; buyer to verify all information during due diligence.

22. 2025-08-29
    price $249,900

    Show marketing remark (1585 chars)

    Income-Producing Midtown Opportunity – Live in One, Rent the Other! Fully renovated and move-in ready, this unique Midtown property offers incredible flexibility with a 2 bed / 1 bath main home PLUS a separate 1 bed / 1 bath living space complete with its own kitchen and living area—perfect for rental income, guests, or multi-generational living. The home has been meticulously updated with a brand new architectural shingle roof, all new electrical wiring, and all new plumbing, all professionally installed for peace of mind. Inside, you’ll find new vinyl plank flooring, fresh neutral paint, and a completely updated kitchen featuring white cabinetry, quartz countertops, and subway tile backsplash. Located in the heart of Oakleigh, you’re just a short walk from local favorites—grab a burger at Callaghan’s, enjoy Washington Square, or relax on your front porch and take in the charm of Midtown living. The flexible layout makes this property ideal for: • House hacking (live in one unit, rent the other) • Short- or long-term rental income • Private space for extended family or guests An added bonus for Midtown: a spacious garage, offering valuable storage or parking. Updated homes with built-in income potential in this location are hard to find—don’t miss your chance to own a versatile and fully renovated property in one of Midtown’s most desirable areas. All improvements per seller. All measurements are approximate and not guaranteed; buyer to verify all information during due diligence.

23. 2025-08-06
    price $269,900 1585-char remark

    Show marketing remark (1585 chars)

    Income-Producing Midtown Opportunity – Live in One, Rent the Other! Fully renovated and move-in ready, this unique Midtown property offers incredible flexibility with a 2 bed / 1 bath main home PLUS a separate 1 bed / 1 bath living space complete with its own kitchen and living area—perfect for rental income, guests, or multi-generational living. The home has been meticulously updated with a brand new architectural shingle roof, all new electrical wiring, and all new plumbing, all professionally installed for peace of mind. Inside, you’ll find new vinyl plank flooring, fresh neutral paint, and a completely updated kitchen featuring white cabinetry, quartz countertops, and subway tile backsplash. Located in the heart of Oakleigh, you’re just a short walk from local favorites—grab a burger at Callaghan’s, enjoy Washington Square, or relax on your front porch and take in the charm of Midtown living. The flexible layout makes this property ideal for: • House hacking (live in one unit, rent the other) • Short- or long-term rental income • Private space for extended family or guests An added bonus for Midtown: a spacious garage, offering valuable storage or parking. Updated homes with built-in income potential in this location are hard to find—don’t miss your chance to own a versatile and fully renovated property in one of Midtown’s most desirable areas. All improvements per seller. All measurements are approximate and not guaranteed; buyer to verify all information during due diligence.

24. 2025-08-06
    status Active 1585-char remark

    Show marketing remark (1585 chars)

    Income-Producing Midtown Opportunity – Live in One, Rent the Other! Fully renovated and move-in ready, this unique Midtown property offers incredible flexibility with a 2 bed / 1 bath main home PLUS a separate 1 bed / 1 bath living space complete with its own kitchen and living area—perfect for rental income, guests, or multi-generational living. The home has been meticulously updated with a brand new architectural shingle roof, all new electrical wiring, and all new plumbing, all professionally installed for peace of mind. Inside, you’ll find new vinyl plank flooring, fresh neutral paint, and a completely updated kitchen featuring white cabinetry, quartz countertops, and subway tile backsplash. Located in the heart of Oakleigh, you’re just a short walk from local favorites—grab a burger at Callaghan’s, enjoy Washington Square, or relax on your front porch and take in the charm of Midtown living. The flexible layout makes this property ideal for: • House hacking (live in one unit, rent the other) • Short- or long-term rental income • Private space for extended family or guests An added bonus for Midtown: a spacious garage, offering valuable storage or parking. Updated homes with built-in income potential in this location are hard to find—don’t miss your chance to own a versatile and fully renovated property in one of Midtown’s most desirable areas. All improvements per seller. All measurements are approximate and not guaranteed; buyer to verify all information during due diligence.

25. 2025-08-05
    listed $269,900 Active
26. 2025-08-03
    historical 1585-char remark

    Show marketing remark (1585 chars)

    Income-Producing Midtown Opportunity – Live in One, Rent the Other! Fully renovated and move-in ready, this unique Midtown property offers incredible flexibility with a 2 bed / 1 bath main home PLUS a separate 1 bed / 1 bath living space complete with its own kitchen and living area—perfect for rental income, guests, or multi-generational living. The home has been meticulously updated with a brand new architectural shingle roof, all new electrical wiring, and all new plumbing, all professionally installed for peace of mind. Inside, you’ll find new vinyl plank flooring, fresh neutral paint, and a completely updated kitchen featuring white cabinetry, quartz countertops, and subway tile backsplash. Located in the heart of Oakleigh, you’re just a short walk from local favorites—grab a burger at Callaghan’s, enjoy Washington Square, or relax on your front porch and take in the charm of Midtown living. The flexible layout makes this property ideal for: • House hacking (live in one unit, rent the other) • Short- or long-term rental income • Private space for extended family or guests An added bonus for Midtown: a spacious garage, offering valuable storage or parking. Updated homes with built-in income potential in this location are hard to find—don’t miss your chance to own a versatile and fully renovated property in one of Midtown’s most desirable areas. All improvements per seller. All measurements are approximate and not guaranteed; buyer to verify all information during due diligence.

27. 2025-05-29
    price $249,900 1585-char remark

    Show marketing remark (1585 chars)

    Income-Producing Midtown Opportunity – Live in One, Rent the Other! Fully renovated and move-in ready, this unique Midtown property offers incredible flexibility with a 2 bed / 1 bath main home PLUS a separate 1 bed / 1 bath living space complete with its own kitchen and living area—perfect for rental income, guests, or multi-generational living. The home has been meticulously updated with a brand new architectural shingle roof, all new electrical wiring, and all new plumbing, all professionally installed for peace of mind. Inside, you’ll find new vinyl plank flooring, fresh neutral paint, and a completely updated kitchen featuring white cabinetry, quartz countertops, and subway tile backsplash. Located in the heart of Oakleigh, you’re just a short walk from local favorites—grab a burger at Callaghan’s, enjoy Washington Square, or relax on your front porch and take in the charm of Midtown living. The flexible layout makes this property ideal for: • House hacking (live in one unit, rent the other) • Short- or long-term rental income • Private space for extended family or guests An added bonus for Midtown: a spacious garage, offering valuable storage or parking. Updated homes with built-in income potential in this location are hard to find—don’t miss your chance to own a versatile and fully renovated property in one of Midtown’s most desirable areas. All improvements per seller. All measurements are approximate and not guaranteed; buyer to verify all information during due diligence.

28. 2025-05-29
    price $249,900

    Show marketing remark (1585 chars)

    Income-Producing Midtown Opportunity – Live in One, Rent the Other! Fully renovated and move-in ready, this unique Midtown property offers incredible flexibility with a 2 bed / 1 bath main home PLUS a separate 1 bed / 1 bath living space complete with its own kitchen and living area—perfect for rental income, guests, or multi-generational living. The home has been meticulously updated with a brand new architectural shingle roof, all new electrical wiring, and all new plumbing, all professionally installed for peace of mind. Inside, you’ll find new vinyl plank flooring, fresh neutral paint, and a completely updated kitchen featuring white cabinetry, quartz countertops, and subway tile backsplash. Located in the heart of Oakleigh, you’re just a short walk from local favorites—grab a burger at Callaghan’s, enjoy Washington Square, or relax on your front porch and take in the charm of Midtown living. The flexible layout makes this property ideal for: • House hacking (live in one unit, rent the other) • Short- or long-term rental income • Private space for extended family or guests An added bonus for Midtown: a spacious garage, offering valuable storage or parking. Updated homes with built-in income potential in this location are hard to find—don’t miss your chance to own a versatile and fully renovated property in one of Midtown’s most desirable areas. All improvements per seller. All measurements are approximate and not guaranteed; buyer to verify all information during due diligence.

29. 2025-04-30
    price $274,900 1585-char remark

    Show marketing remark (1585 chars)

    Income-Producing Midtown Opportunity – Live in One, Rent the Other! Fully renovated and move-in ready, this unique Midtown property offers incredible flexibility with a 2 bed / 1 bath main home PLUS a separate 1 bed / 1 bath living space complete with its own kitchen and living area—perfect for rental income, guests, or multi-generational living. The home has been meticulously updated with a brand new architectural shingle roof, all new electrical wiring, and all new plumbing, all professionally installed for peace of mind. Inside, you’ll find new vinyl plank flooring, fresh neutral paint, and a completely updated kitchen featuring white cabinetry, quartz countertops, and subway tile backsplash. Located in the heart of Oakleigh, you’re just a short walk from local favorites—grab a burger at Callaghan’s, enjoy Washington Square, or relax on your front porch and take in the charm of Midtown living. The flexible layout makes this property ideal for: • House hacking (live in one unit, rent the other) • Short- or long-term rental income • Private space for extended family or guests An added bonus for Midtown: a spacious garage, offering valuable storage or parking. Updated homes with built-in income potential in this location are hard to find—don’t miss your chance to own a versatile and fully renovated property in one of Midtown’s most desirable areas. All improvements per seller. All measurements are approximate and not guaranteed; buyer to verify all information during due diligence.

30. 2025-04-30
    price $274,900

    Show marketing remark (1585 chars)

    Income-Producing Midtown Opportunity – Live in One, Rent the Other! Fully renovated and move-in ready, this unique Midtown property offers incredible flexibility with a 2 bed / 1 bath main home PLUS a separate 1 bed / 1 bath living space complete with its own kitchen and living area—perfect for rental income, guests, or multi-generational living. The home has been meticulously updated with a brand new architectural shingle roof, all new electrical wiring, and all new plumbing, all professionally installed for peace of mind. Inside, you’ll find new vinyl plank flooring, fresh neutral paint, and a completely updated kitchen featuring white cabinetry, quartz countertops, and subway tile backsplash. Located in the heart of Oakleigh, you’re just a short walk from local favorites—grab a burger at Callaghan’s, enjoy Washington Square, or relax on your front porch and take in the charm of Midtown living. The flexible layout makes this property ideal for: • House hacking (live in one unit, rent the other) • Short- or long-term rental income • Private space for extended family or guests An added bonus for Midtown: a spacious garage, offering valuable storage or parking. Updated homes with built-in income potential in this location are hard to find—don’t miss your chance to own a versatile and fully renovated property in one of Midtown’s most desirable areas. All improvements per seller. All measurements are approximate and not guaranteed; buyer to verify all information during due diligence.

31. 2025-04-24
    price $279,900 1585-char remark

    Show marketing remark (1585 chars)

    Income-Producing Midtown Opportunity – Live in One, Rent the Other! Fully renovated and move-in ready, this unique Midtown property offers incredible flexibility with a 2 bed / 1 bath main home PLUS a separate 1 bed / 1 bath living space complete with its own kitchen and living area—perfect for rental income, guests, or multi-generational living. The home has been meticulously updated with a brand new architectural shingle roof, all new electrical wiring, and all new plumbing, all professionally installed for peace of mind. Inside, you’ll find new vinyl plank flooring, fresh neutral paint, and a completely updated kitchen featuring white cabinetry, quartz countertops, and subway tile backsplash. Located in the heart of Oakleigh, you’re just a short walk from local favorites—grab a burger at Callaghan’s, enjoy Washington Square, or relax on your front porch and take in the charm of Midtown living. The flexible layout makes this property ideal for: • House hacking (live in one unit, rent the other) • Short- or long-term rental income • Private space for extended family or guests An added bonus for Midtown: a spacious garage, offering valuable storage or parking. Updated homes with built-in income potential in this location are hard to find—don’t miss your chance to own a versatile and fully renovated property in one of Midtown’s most desirable areas. All improvements per seller. All measurements are approximate and not guaranteed; buyer to verify all information during due diligence.

32. 2025-04-24
    price $279,900

    Show marketing remark (1585 chars)

    Income-Producing Midtown Opportunity – Live in One, Rent the Other! Fully renovated and move-in ready, this unique Midtown property offers incredible flexibility with a 2 bed / 1 bath main home PLUS a separate 1 bed / 1 bath living space complete with its own kitchen and living area—perfect for rental income, guests, or multi-generational living. The home has been meticulously updated with a brand new architectural shingle roof, all new electrical wiring, and all new plumbing, all professionally installed for peace of mind. Inside, you’ll find new vinyl plank flooring, fresh neutral paint, and a completely updated kitchen featuring white cabinetry, quartz countertops, and subway tile backsplash. Located in the heart of Oakleigh, you’re just a short walk from local favorites—grab a burger at Callaghan’s, enjoy Washington Square, or relax on your front porch and take in the charm of Midtown living. The flexible layout makes this property ideal for: • House hacking (live in one unit, rent the other) • Short- or long-term rental income • Private space for extended family or guests An added bonus for Midtown: a spacious garage, offering valuable storage or parking. Updated homes with built-in income potential in this location are hard to find—don’t miss your chance to own a versatile and fully renovated property in one of Midtown’s most desirable areas. All improvements per seller. All measurements are approximate and not guaranteed; buyer to verify all information during due diligence.

33. 2025-02-21
    price $299,900 1585-char remark

    Show marketing remark (1585 chars)

    Income-Producing Midtown Opportunity – Live in One, Rent the Other! Fully renovated and move-in ready, this unique Midtown property offers incredible flexibility with a 2 bed / 1 bath main home PLUS a separate 1 bed / 1 bath living space complete with its own kitchen and living area—perfect for rental income, guests, or multi-generational living. The home has been meticulously updated with a brand new architectural shingle roof, all new electrical wiring, and all new plumbing, all professionally installed for peace of mind. Inside, you’ll find new vinyl plank flooring, fresh neutral paint, and a completely updated kitchen featuring white cabinetry, quartz countertops, and subway tile backsplash. Located in the heart of Oakleigh, you’re just a short walk from local favorites—grab a burger at Callaghan’s, enjoy Washington Square, or relax on your front porch and take in the charm of Midtown living. The flexible layout makes this property ideal for: • House hacking (live in one unit, rent the other) • Short- or long-term rental income • Private space for extended family or guests An added bonus for Midtown: a spacious garage, offering valuable storage or parking. Updated homes with built-in income potential in this location are hard to find—don’t miss your chance to own a versatile and fully renovated property in one of Midtown’s most desirable areas. All improvements per seller. All measurements are approximate and not guaranteed; buyer to verify all information during due diligence.

34. 2025-02-20
    price $299,900
35. 2025-02-06
    listed $339,900 Active 1585-char remark

    Show marketing remark (1585 chars)

    Income-Producing Midtown Opportunity – Live in One, Rent the Other! Fully renovated and move-in ready, this unique Midtown property offers incredible flexibility with a 2 bed / 1 bath main home PLUS a separate 1 bed / 1 bath living space complete with its own kitchen and living area—perfect for rental income, guests, or multi-generational living. The home has been meticulously updated with a brand new architectural shingle roof, all new electrical wiring, and all new plumbing, all professionally installed for peace of mind. Inside, you’ll find new vinyl plank flooring, fresh neutral paint, and a completely updated kitchen featuring white cabinetry, quartz countertops, and subway tile backsplash. Located in the heart of Oakleigh, you’re just a short walk from local favorites—grab a burger at Callaghan’s, enjoy Washington Square, or relax on your front porch and take in the charm of Midtown living. The flexible layout makes this property ideal for: • House hacking (live in one unit, rent the other) • Short- or long-term rental income • Private space for extended family or guests An added bonus for Midtown: a spacious garage, offering valuable storage or parking. Updated homes with built-in income potential in this location are hard to find—don’t miss your chance to own a versatile and fully renovated property in one of Midtown’s most desirable areas. All improvements per seller. All measurements are approximate and not guaranteed; buyer to verify all information during due diligence.

36. 2025-02-06
    listed $339,900 Active

    Show marketing remark (1585 chars)

    Income-Producing Midtown Opportunity – Live in One, Rent the Other! Fully renovated and move-in ready, this unique Midtown property offers incredible flexibility with a 2 bed / 1 bath main home PLUS a separate 1 bed / 1 bath living space complete with its own kitchen and living area—perfect for rental income, guests, or multi-generational living. The home has been meticulously updated with a brand new architectural shingle roof, all new electrical wiring, and all new plumbing, all professionally installed for peace of mind. Inside, you’ll find new vinyl plank flooring, fresh neutral paint, and a completely updated kitchen featuring white cabinetry, quartz countertops, and subway tile backsplash. Located in the heart of Oakleigh, you’re just a short walk from local favorites—grab a burger at Callaghan’s, enjoy Washington Square, or relax on your front porch and take in the charm of Midtown living. The flexible layout makes this property ideal for: • House hacking (live in one unit, rent the other) • Short- or long-term rental income • Private space for extended family or guests An added bonus for Midtown: a spacious garage, offering valuable storage or parking. Updated homes with built-in income potential in this location are hard to find—don’t miss your chance to own a versatile and fully renovated property in one of Midtown’s most desirable areas. All improvements per seller. All measurements are approximate and not guaranteed; buyer to verify all information during due diligence.

37. 2024-04-03
    soldstatus $94,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast AL · Resets to sale price

• Current annual tax: $1,053 · $88/mo
• Projected year-2 tax: $1,053 · $88/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 47% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥105°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,924
• − Mortgage interest: −$11,203
• − Property taxes: −$1,053
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,994
• − Management: −$1,994
• − Depreciation: −$5,818
• Taxable income: $1,862
• Est. tax owed @ 24.0%: −$447
• After-tax cash flow: $4,604/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Mobile County
• NCES district ID: 0102370
• Math proficiency: 15% ▼ -28.00%
• Reading proficiency: 39% ▬ 0.00%
• Median HH income: $42,455
• Composite: 22.9/100
• National rank: #8002
• State rank: #81 of 129 in AL

Livability — Mobile

• Score: 75/100
• State rank: #20
• US rank: #4262

Category grades

Amenities B- Commute A+ Cost of living A+ Crime F Employment D- Housing A+ Health & safety A+ User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Mobile, AL
• County: Mobile County · 246,577 people
• City population: 205,729
• Metro: Mobile, AL
• Population (ZIP): 8,836
• Household income: $66,357
• Rent vs Own: 41.0% rent · 59.0% own
• Severe rent burden: 452.0

Population outlook (Mobile County) Hauer SSP2

• Today (2025): 415,303 people
• By 2030: 411,755 · -0.9%
• By 2040: 399,670 · -3.8%
• By 2050: 382,616 · -7.9%
• By 2075: 337,353 · -18.8%
• By 2100: 283,391 · -31.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 51% Black 42% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Lithuanian 4% Serbian 2% Slovak 2%
• Foreign-born: 2% · Canada, China
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · Mobile

• 2024 margin: R (+16.4) · D 41.3% · R 57.7%
• 2008→2024 swing: -7.7pp toward R · 2008: -8.7pp · 2024: -16.4pp
• All cycles: 2024: R+16.4 2020: R+11.9 2016: R+13.9 2012: R+9.3 2008: R+8.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -143.27%
• Current HPI: 205.7241
• Rent YoY: ▲ 3.78%
• Metro: Mobile, AL
• State GDP YoY: ▲ 2.94%
• F500 in state: 4

Industry mix (Fortune 500 HQ in AL)

Industry	F500 HQs	Revenue
▸Financial Services	1	$8B
▸Healthcare	1	$5B

Price history

+111.6% since first listed

27 events — show timeline

• 2026-05-16 Rental Removed $995 BUILDIUM
• 2026-05-08 Listed for Rent $995 BUILDIUM
• 2026-02-17 Price Changed $200,000 GCMLS AL
• 2026-02-17 Price Changed $200,000 BCAR
• 2026-02-05 Price Changed $219,900 GCMLS AL
• 2026-01-14 Relisted — GCMLS AL
• 2026-01-13 Listed $219,900 BCAR
• 2026-01-01 Delisted — GCMLS AL
• 2025-10-10 Price Changed $239,900 GCMLS AL
• 2025-10-10 Price Changed $239,900 BCAR
• 2025-08-29 Price Changed $249,900 GCMLS AL
• 2025-08-29 Price Changed $249,900 BCAR
• 2025-08-06 Price Changed $269,900 GCMLS AL
• 2025-08-06 Relisted — GCMLS AL
• 2025-08-05 Listed $269,900 BCAR
• 2025-08-03 Delisted — GCMLS AL
• 2025-05-29 Price Changed $249,900 GCMLS AL
• 2025-05-29 Price Changed $249,900 BCAR
• 2025-04-30 Price Changed $274,900 GCMLS AL
• 2025-04-30 Price Changed $274,900 BCAR
• 2025-04-24 Price Changed $279,900 GCMLS AL
• 2025-04-24 Price Changed $279,900 BCAR
• 2025-02-21 Price Changed $299,900 GCMLS AL
• 2025-02-20 Price Changed $299,900 BCAR
• 2025-02-06 Listed $339,900 GCMLS AL
• 2025-02-06 Listed $339,900 BCAR
• 2024-04-03 Sold (Public Records) $94,500 Public Records

Property tax history

+6.8%/yr

Latest (2025): $1,053 · +0.7% YoY. Source: county tax records.