16-22 Florida St S · Mobile, AL 36606

$1,199,900

None bd · 2.0 ba · 1,440 sqft · MultiFamily public records · 77 Days on market

Built 1990 10,018 sqft lot

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Why this score? — see what drove the D+ 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 +18.5/30.0
• ARV discount +7.5/15.0
• DSCR +5.8/10.0
• Rent growth +3.8/5.0
• Livability +3.8/5.0
• 1% rule +3.6/10.0
• 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: 8 units. estimate disagrees with records

Listing remarks MLS

This 8-unit apartment complex offers an exceptional investment opportunity in Midtown Mobile, boasting a strong short-term and mid-term rental history and fully furnished accommodations. The property includes seven 2-bedroom 1-bathroom units and one 1 bedroom 1 bath unit as well as all current furnishings. Additionally, there is a well-equipped laundry center featuring two commercial washers and two commercial dryers, complete with storage for linens and owner supplies. All appliances and furnishings will remain, making this a turn-key investment opportunity for both local and out of state investors. The current owners will include the current business infrastructure with the sale, along with contacts for the laundry, maintenance, landscape, and cleaning services they currently employ. This listing encompasses four parcels that will be sold as a package deal, including 16, 18, 20, and 22 South Florida Street. There is ample space behind each building for potential future development or expansion. Because each duplex is on its own parcel the property is eligible for traditional 30-year financing and does not require commercial financing. Recent updates add to the appeal of this investment; the roof was replaced in 2022, one water heater replaced in 2024, new exterior staircase and cosmetic updates to all interiors. These modern amenities enhance the overall value and desirability of this Midtown gem. Don't miss this opportunity to secure a strong investment in a prime location with a promising rental history and room for future growth. Listing agent is related to the seller.

Key facts

• Commercial washers
• Commercial dryers
• Turn key investment

Tags

• SHORT TERM RENTAL HISTORY
• FULLY FURNISHED ACCOMMODATIONS
• WELL EQUIPPED LAUNDRY CENTER
• COMMERCIAL WASHERS
• COMMERCIAL DRYERS
• TURN KEY INVESTMENT

What this means for you Summary

Snapshot

• This is a 7×2bd/1ba + 1×1bd/1ba units multifamily listed at $1.20M.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive. Per door: $142/mo.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $1.03M (14.0% below list).
• Recommended offer: $1.03M (14.0% below list) — sets the bar for 1% rule.
• Cap rate 7.4% 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 fast (+5.1%/yr); 174 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 42% 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).
• At $10,320/mo this rent would consume 241% of the median local household income ($51k/yr) (locally 999% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $8k of loan paydown is wiped out by about $36k 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 77 days — a 6% lower offer ($1.13M) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y ago; this cycle's ask has dropped $70k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major 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 $1,032,000 (14.0% below list)

Questions for the listing agent

1. It's been on market 77 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. 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.
10. 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.
11. 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: 0.86% ✗
• Cap rate: 7.43%
• Cash-on-cash: 4.07%
• DSCR: 1.18
• GRM: 9.7

CMA / ARV

• ARV (median comp): $174,763
• List price: $1,199,900
• Delta: 586.59%
• Verdict: OVERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 5.06% rent growth · sell at horizon

5-year hold

• IRR: -8.0%
• Equity multiple: 0.70×
• Total profit: $-100,744
• Equity at exit: $178,909

10-year hold

• IRR: 3.7%
• Equity multiple: 1.29×
• Total profit: $96,493
• Equity at exit: $103,745

Cash invested: $335,972 (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 36606

• Rents YoY: 5.1%
• Active inventory: 174
• Price-to-rent: 76.4×

Monthly cashflow live

• Estimated rent: $10,320 high
• Mortgage (P&I): −$6,292
• Tax from tax record: −$222 /mo · $2,667/yr
• Insurance: −$500
• HOA: −$0
• Vacancy / Maint / Mgmt: −$2,167
• Net cashflow: $1,138

Break-even live

Break-even rent $8,879

Max offer price $1,199,900

Occupancy floor 84%

Sensitivity live

Price	-10% $1,817	-5% $1,478	+0% $1,138	+5% $799	+10% $459
Rent	-10% $323	-5% $731	+0% $1,138	+5% $1,546	+10% $1,953
Rate	-1.0pp $1,742	-0.5pp $1,443	base $1,138	+0.5pp $827	+1.0pp $511

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

Units	Beds	Baths	Est. rent
▸ 7× units	2	1	$9,163
1× unit	1	1	$1,155
Total (8 units)			$10,320

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: $299,975
• Closing costs: $35,997
• Reserves months: —
• Total cash needed: —

Rent comps 36 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2604 Dauphin St Mobile, AL	2.0	1.0	950	$1,072	$1.13	44d	2	0.18mi
2604 Dauphin St #210 Mobile, AL	2.0	1.0	950	$1,150	$1.21	22d	1	0.18mi
2500 Dauphinwood Dr Mobile, AL	2.0–3.0	1.0–2.0	1250	$980	$0.78	14d	19	0.31mi
2507 Taylor Ave Mobile, AL	3.0	1.0	1230	$1,495	$1.22	14d	1	0.35mi
107 Grand Blvd Mobile, AL	2.0	2.0	1200	$1,295	$1.08	22d	1	0.36mi
200 S Florida St Unit 101 Mobile, AL	2.0	2.0	1150	$1,375	$1.20	22d	1	0.38mi
104 Ellinor St Mobile, AL	2.0	1.0	896	$1,275	$1.42	22d	1	0.40mi
2503 Richard Ave Mobile, AL	2.0	1.0	928	$805	$0.87	14d	1	0.40mi
2656 Pathway Pl Mobile, AL	2.0–3.0	1.0	778	$949	$1.22	14d	9	0.55mi
168 W Collins St Mobile, AL	3.0	1.0	968	$725	$0.75	22d	1	0.56mi
150 Dunn Ave Mobile, AL	3.0	2.0	1455	$1,250	$0.86	22d	1	0.59mi
2855 Potter Dr Mobile, AL	2.0	1.0	1127	$1,050	$0.93	44d	1	0.72mi
2861 Potter Dr Unit 1043844P Mobile, AL	3.0	2.0	1496	$2,492	$1.67	22d	1	0.75mi
2861 Ralston Rd Mobile, AL	3.0	2.0	1617	$1,650	$1.02	44d	1	0.77mi
209 S Fulton St Mobile, AL	2.0	1.5	1255	$1,750	$1.39	22d	1	0.82mi
2859 Brierwood Dr Mobile, AL	3.0	1.0	1057	$1,500	$1.42	14d	1	0.84mi
182 Williams St Unit 1043570P Mobile, AL	3.0	1.0	1399	$2,476	$1.77	14d	1	0.84mi
315 Hadrian St Mobile, AL	3.0	2.0	1843	$1,800	$0.98	44d	1	0.91mi
418 Durande Dr Mobile, AL	3.0	2.0	1456	$1,350	$0.93	14d	1	0.94mi
3060 Emogene St Mobile, AL	3.0	1.0	1200	$1,400	$1.17	14d	1	0.95mi
186 Stanton Rd Mobile, AL	1.0–3.0	1.0–2.5	1263	$2,062	$1.63	44d	1	0.96mi
156 Hemley Ave Mobile, AL	3.0	1.0	936	$1,195	$1.28	44d	1	1.04mi
122 Demouy Ave Unit 1/2 Mobile, AL	2.0	1.0	1300	$1,530	$1.18	44d	1	1.08mi
562 Clarke St Mobile, AL	2.0	1.0	1061	$1,025	$0.97	44d	1	1.17mi
615 Mohawk St Mobile, AL	3.0	1.0	1172	$1,500	$1.28	44d	1	1.22mi
423 Devon Dr Mobile, AL	3.0	1.0	1220	$950	$0.78	44d	1	1.23mi
120 Paris Ave Mobile, AL	2.0	1.0	1054	$1,150	$1.09	22d	1	1.23mi
461 Magnolia Rd Unit A Mobile, AL	2.0	1.0	989	$825	$0.83	44d	1	1.24mi
618 Clarke St Mobile, AL	3.0	1.0	1427	$1,200	$0.84	44d	1	1.26mi
305 Indian Creek Dr E Unit 1043809P Mobile, AL	3.0	2.5	1496	$3,985	$2.66	14d	1	1.26mi
3252 Orleans St Mobile, AL	2.0	1.0	900	$850	$0.94	44d	1	1.27mi
713 Iris Ave Mobile, AL	3.0	1.0	1617	$1,300	$0.80	22d	1	1.34mi
1704 McGill Ave Unit B Mobile, AL	3.0	2.5	1500	$1,750	$1.17	44d	1	1.35mi
1660 Laurel St Mobile, AL	3.0	2.0	1768	$2,200	$1.24	14d	1	1.38mi
611 Dauphin Island Pkwy Mobile, AL	3.0	2.0	1450	$1,300	$0.90	44d	1	1.41mi
505 Bel Air Blvd Mobile, AL	1.0–2.0	1.0–2.0	976	$1,274	$1.30	14d	16	1.46mi

Listing history 26 events

1. 2026-06-19
   status $1,199,900 Pending 77 DOM
2. 2026-06-18
   days on market $1,199,900 Active 77 DOM
3. 2026-06-17
   days on market $1,199,900 Active 76 DOM
4. 2026-06-16
   days on market $1,199,900 Active 75 DOM
5. 2026-06-15
   days on market $1,199,900 Active 74 DOM
6. 2026-06-14
   days on market $1,199,900 Active 72 DOM
7. 2026-06-13
   days on market $1,199,900 Active 71 DOM
8. 2026-06-10
   days on market $1,199,900 Active 69 DOM
9. 2026-06-09
   days on market $1,199,900 Active 68 DOM
10. 2026-06-08
    days on market $1,199,900 Active 67 DOM
11. 2026-06-07
    days on market $1,199,900 Active 66 DOM
12. 2026-06-05
    days on market $1,199,900 Active 63 DOM
13. 2026-06-03
    days on market $1,199,900 Active 62 DOM
14. 2026-06-02
    days on market $1,199,900 Active 61 DOM
15. 2026-06-01
    days on market $1,199,900 Active 60 DOM
16. 2026-05-31
    days on market $1,199,900 Active 59 DOM
17. 2026-05-30
    days on market $1,199,900 Active 58 DOM
18. 2026-04-29
    price $1,199,900 1604-char remark

    Show marketing remark (1604 chars)

    This 8-unit apartment complex offers an exceptional investment opportunity in Midtown Mobile, boasting a strong short-term and mid-term rental history and fully furnished accommodations. The property includes seven 2-bedroom 1-bathroom units and one 1 bedroom 1 bath unit as well as all current furnishings. Additionally, there is a well-equipped laundry center featuring two commercial washers and two commercial dryers, complete with storage for linens and owner supplies. All appliances and furnishings will remain, making this a turn-key investment opportunity for both local and out of state investors. The current owners will include the current business infrastructure with the sale, along with contacts for the laundry, maintenance, landscape, and cleaning services they currently employ. This listing encompasses four parcels that will be sold as a package deal, including 16, 18, 20, and 22 South Florida Street. There is ample space behind each building for potential future development or expansion. Because each duplex is on its own parcel the property is eligible for traditional 30-year financing and does not require commercial financing. Recent updates add to the appeal of this investment; the roof was replaced in 2022, one water heater replaced in 2024, new exterior staircase and cosmetic updates to all interiors. These modern amenities enhance the overall value and desirability of this Midtown gem. Don't miss this opportunity to secure a strong investment in a prime location with a promising rental history and room for future growth. Listing agent is related to the seller.

19. 2026-04-03
    listed $1,270,000 Active 1604-char remark

    Show marketing remark (1604 chars)

    This 8-unit apartment complex offers an exceptional investment opportunity in Midtown Mobile, boasting a strong short-term and mid-term rental history and fully furnished accommodations. The property includes seven 2-bedroom 1-bathroom units and one 1 bedroom 1 bath unit as well as all current furnishings. Additionally, there is a well-equipped laundry center featuring two commercial washers and two commercial dryers, complete with storage for linens and owner supplies. All appliances and furnishings will remain, making this a turn-key investment opportunity for both local and out of state investors. The current owners will include the current business infrastructure with the sale, along with contacts for the laundry, maintenance, landscape, and cleaning services they currently employ. This listing encompasses four parcels that will be sold as a package deal, including 16, 18, 20, and 22 South Florida Street. There is ample space behind each building for potential future development or expansion. Because each duplex is on its own parcel the property is eligible for traditional 30-year financing and does not require commercial financing. Recent updates add to the appeal of this investment; the roof was replaced in 2022, one water heater replaced in 2024, new exterior staircase and cosmetic updates to all interiors. These modern amenities enhance the overall value and desirability of this Midtown gem. Don't miss this opportunity to secure a strong investment in a prime location with a promising rental history and room for future growth. Listing agent is related to the seller.

20. 2023-12-12
    soldstatus $1,157,500 Closed 1455-char remark

    Show marketing remark (1455 chars)

    This 8-unit apartment complex offers an exceptional investment opportunity in Midtown Mobile, boasting a strong short-term rental history and fully furnished accommodations. The property includes seven 2-bedroom 1-bathroom units and one 1 bedroom 1 bath unit. Additionally, there is a well-equipped laundry center featuring two commercial washers and two commercial dryers, complete with storage for linens and supplies. All appliances and furnishings will remain, making this a turn-key investment opportunity for both local and out of state investors. The current owners will include the direct booking website with the sale, along with contacts for the laundry, maintenance, landscape, and cleaning services they currently employ. This listing encompasses four parcels that will be sold as a package deal, including 16, 18, 20, and 22 South Florida Street. There is ample space behind each building for potential future development or expansion. Because each duplex is on its own parcel the property is eligible for traditional 30-year financing and does not require commercial financing. Recent updates add to the appeal of this investment; the roof was replaced in 2022, and all HVAC systems are less than three years old. These modern amenities enhance the overall value and desirability of this Midtown gem. Don't miss this opportunity to secure a strong investment in a prime location with a promising rental history and room for future growth.

21. 2023-10-24
    status Pending 1455-char remark

    Show marketing remark (1455 chars)

    This 8-unit apartment complex offers an exceptional investment opportunity in Midtown Mobile, boasting a strong short-term rental history and fully furnished accommodations. The property includes seven 2-bedroom 1-bathroom units and one 1 bedroom 1 bath unit. Additionally, there is a well-equipped laundry center featuring two commercial washers and two commercial dryers, complete with storage for linens and supplies. All appliances and furnishings will remain, making this a turn-key investment opportunity for both local and out of state investors. The current owners will include the direct booking website with the sale, along with contacts for the laundry, maintenance, landscape, and cleaning services they currently employ. This listing encompasses four parcels that will be sold as a package deal, including 16, 18, 20, and 22 South Florida Street. There is ample space behind each building for potential future development or expansion. Because each duplex is on its own parcel the property is eligible for traditional 30-year financing and does not require commercial financing. Recent updates add to the appeal of this investment; the roof was replaced in 2022, and all HVAC systems are less than three years old. These modern amenities enhance the overall value and desirability of this Midtown gem. Don't miss this opportunity to secure a strong investment in a prime location with a promising rental history and room for future growth.

22. 2023-10-24
    status Active 1455-char remark

    Show marketing remark (1455 chars)

    This 8-unit apartment complex offers an exceptional investment opportunity in Midtown Mobile, boasting a strong short-term rental history and fully furnished accommodations. The property includes seven 2-bedroom 1-bathroom units and one 1 bedroom 1 bath unit. Additionally, there is a well-equipped laundry center featuring two commercial washers and two commercial dryers, complete with storage for linens and supplies. All appliances and furnishings will remain, making this a turn-key investment opportunity for both local and out of state investors. The current owners will include the direct booking website with the sale, along with contacts for the laundry, maintenance, landscape, and cleaning services they currently employ. This listing encompasses four parcels that will be sold as a package deal, including 16, 18, 20, and 22 South Florida Street. There is ample space behind each building for potential future development or expansion. Because each duplex is on its own parcel the property is eligible for traditional 30-year financing and does not require commercial financing. Recent updates add to the appeal of this investment; the roof was replaced in 2022, and all HVAC systems are less than three years old. These modern amenities enhance the overall value and desirability of this Midtown gem. Don't miss this opportunity to secure a strong investment in a prime location with a promising rental history and room for future growth.

23. 2023-10-13
    historical 1455-char remark

    Show marketing remark (1455 chars)

    This 8-unit apartment complex offers an exceptional investment opportunity in Midtown Mobile, boasting a strong short-term rental history and fully furnished accommodations. The property includes seven 2-bedroom 1-bathroom units and one 1 bedroom 1 bath unit. Additionally, there is a well-equipped laundry center featuring two commercial washers and two commercial dryers, complete with storage for linens and supplies. All appliances and furnishings will remain, making this a turn-key investment opportunity for both local and out of state investors. The current owners will include the direct booking website with the sale, along with contacts for the laundry, maintenance, landscape, and cleaning services they currently employ. This listing encompasses four parcels that will be sold as a package deal, including 16, 18, 20, and 22 South Florida Street. There is ample space behind each building for potential future development or expansion. Because each duplex is on its own parcel the property is eligible for traditional 30-year financing and does not require commercial financing. Recent updates add to the appeal of this investment; the roof was replaced in 2022, and all HVAC systems are less than three years old. These modern amenities enhance the overall value and desirability of this Midtown gem. Don't miss this opportunity to secure a strong investment in a prime location with a promising rental history and room for future growth.

24. 2023-09-25
    listed $1,200,000 Active 1455-char remark

    Show marketing remark (1455 chars)

    This 8-unit apartment complex offers an exceptional investment opportunity in Midtown Mobile, boasting a strong short-term rental history and fully furnished accommodations. The property includes seven 2-bedroom 1-bathroom units and one 1 bedroom 1 bath unit. Additionally, there is a well-equipped laundry center featuring two commercial washers and two commercial dryers, complete with storage for linens and supplies. All appliances and furnishings will remain, making this a turn-key investment opportunity for both local and out of state investors. The current owners will include the direct booking website with the sale, along with contacts for the laundry, maintenance, landscape, and cleaning services they currently employ. This listing encompasses four parcels that will be sold as a package deal, including 16, 18, 20, and 22 South Florida Street. There is ample space behind each building for potential future development or expansion. Because each duplex is on its own parcel the property is eligible for traditional 30-year financing and does not require commercial financing. Recent updates add to the appeal of this investment; the roof was replaced in 2022, and all HVAC systems are less than three years old. These modern amenities enhance the overall value and desirability of this Midtown gem. Don't miss this opportunity to secure a strong investment in a prime location with a promising rental history and room for future growth.

25. 2015-04-24
    soldstatus $296,000
26. 2008-09-03
    soldstatus $230,000

ⓘ 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: $2,667 · $222/mo
• Projected year-2 tax: $4,920 · $410/mo
• Expected delta: +$2,253/yr (+$188/mo · 84.5%)

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

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 74% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 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: $123,840
• − Mortgage interest: −$67,213
• − Property taxes: −$2,667
• − Insurance: −$6,000
• − Repairs & maintenance: −$9,907
• − Management: −$9,907
• − Depreciation: −$34,906
• Taxable loss: −$6,760
• Est. tax savings @ 24.0%: +$1,622
• After-tax cash flow: $15,281/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): 18,728
• Household income: $51,303
• Rent vs Own: 51.3% rent · 48.7% own
• Severe rent burden: 999.0

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: Majority Black (56%)
• Race & ethnicity: Black 56% White 37% Two or more races 5% Hispanic / Latino 4%
• Common ancestry: Italian 2% Scottish 2% Lithuanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 3%

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: ▼ -232.19%
• Current HPI: 145.9025
• Rent YoY: ▲ 5.06%
• 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

+421.7% since first listed

9 events — show timeline

• 2026-04-29 Price Changed $1,199,900 GCMLS AL
• 2026-04-03 Listed $1,270,000 GCMLS AL
• 2023-12-12 Sold (MLS) $1,157,500 GCMLS AL
• 2023-10-24 Pending — GCMLS AL
• 2023-10-24 Relisted — GCMLS AL
• 2023-10-13 Delisted — GCMLS AL
• 2023-09-25 Listed $1,200,000 GCMLS AL
• 2015-04-24 Sold (Public Records) $296,000 Public Records
• 2008-09-03 Sold (Public Records) $230,000 Public Records

Property tax history

+4.4%/yr

Latest (2025): $2,667 · +78.3% YoY. Source: county tax records.