2316 Osage St · Mobile, AL 36617

$66,500

None bd · 1.0 ba · 1,770 sqft · MultiFamily public records · 563 Days on market

Built 1986 0.29 ac lot ↓ 27% since listing

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Why this score? — see what drove the B+ 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +7.4/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

ATTENTION, ATTENTION... WE HAVE A PRICE ADJUSTMENT!!! Investors, Now's Your Opportunity to Capitalize-- This Duplex Is a Fix-R-Upper and is being sold in its "As Is" condition, the sellers will entertain a reasonable offer; however, no repairs or replacements to be performed. The "Price Adjustment" reflects the repairs and/or replacements that the purchaser may consider. The Duplex is approx. 1770sq ft (Each unit approx. 885 sq ft according to tax records) Unit "B" is tenant occupied and on a month-to-month agreement. According to the owners, the current tenant has rented Unit "B" for the past 17 years and would like to continue to rent from the new owner. Unit "B" has some recently installed ceramic tile flooring. Some renovations were made to Unit "A" with updates to include: Interior paint, some laminate flooring installed in the living rm, bedrooms, hall also closets, vinyl flooring in the kitchen, ceramic tile in the laundry room, some new light fixtures, kitchen sink & faucet, range hood, bathroom tub, commode, metal front door and 2 back doors, blinds to all windows and painted back porch. Buyer's Proof of Funds from banking institution to accompany buyer's offer to purchase. Buyer or Buyer's Agent to verify any and all information deemed pertinent to buyer's decision to purchase.

Key facts

• Fix-r-upper property
• 0.29 acre lot
• Built 1986

Tags

• FIX-R-UPPER PROPERTY
• DUPLEX WITH SEPARATE PARCELS

🏷️ Possibly a rental listed for sale. The $66,500 price doesn't fit this home's estimated sale value (~$204,029) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2 × 2-bed/1-bath units multifamily listed at $66k.

Deal economics

• At list price, monthly cash flow is $921 ($11k/yr) — positive. Per door: $460/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $66k).
• Recommended offer: $59k (12.0% below list) — sets the bar for market timing.
• Cap rate 22.9% 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: 40 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 1,678 units permitted in Mobile County in 2024 (264 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($460 loan paydown + $3k appreciation (4.8% local appreciation)).
• Mobile County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (4.8% appreciation + 3.0% rent growth), your $19k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 9, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 563 days — a 12% lower offer ($59k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y ago; this cycle's ask has dropped $25k (27%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $58,520 (12.0% below list)

Questions for the listing agent

1. It's been on market 563 days. Have you received any prior offers? Is the seller open to a 12% 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. 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.
9. 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.
10. 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: 2.57% ✓
• Cap rate: 22.90%
• Cash-on-cash: 59.33%
• DSCR: 3.64
• GRM: 3.2

CMA / ARV

• ARV (median comp): $204,029
• List price: $66,500
• Delta: -67.41%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

4.78% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 66.1%
• Equity multiple: 4.93×
• Total profit: $73,121
• Equity at exit: $36,787

10-year hold

• IRR: 64.1%
• Equity multiple: 10.17×
• Total profit: $170,794
• Equity at exit: $62,759

Cash invested: $18,620 (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 36617

• Home prices YoY: 3.9%
• Active inventory: 40
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $1,711 medium
• Mortgage (P&I): −$349
• Tax from tax record: −$55 /mo · $657/yr
• Insurance: −$28
• HOA: −$0
• Vacancy / Maint / Mgmt: −$359
• Net cashflow: $921

Break-even live

Break-even rent $546

Max offer price $66,500

Occupancy floor 41%

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

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$1,712
Total (2 units)			$1,711

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: $16,625
• Closing costs: $1,995
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2007 Allison St Unit 1 Mobile, AL	3.0	2.0	1805	$1,575	$0.87	44d	1	0.74mi
510 Schwartz St Mobile, AL	3.0	2.0	1288	$1,400	$1.09	13d	1	1.08mi

Listing history 31 events

1. 2026-06-18
   days on market $66,500 Active 563 DOM
2. 2026-06-17
   days on market $66,500 Active 562 DOM
3. 2026-06-16
   days on market $66,500 Active 561 DOM
4. 2026-06-15
   days on market $66,500 Active 560 DOM
5. 2026-06-14
   days on market $66,500 Active 558 DOM
6. 2026-06-13
   days on market $66,500 Active 557 DOM
7. 2026-06-10
   days on market $66,500 Active 555 DOM
8. 2026-06-09
   days on market $66,500 Active 554 DOM
9. 2026-06-08
   days on market $66,500 Active 553 DOM
10. 2026-06-07
    days on market $66,500 Active 552 DOM
11. 2026-06-05
    days on market $66,500 Active 549 DOM
12. 2026-06-03
    days on market $66,500 Active 548 DOM
13. 2026-06-02
    days on market $66,500 Active 547 DOM
14. 2026-06-01
    days on market $66,500 Active 546 DOM
15. 2026-05-31
    days on market $66,500 Active 545 DOM
16. 2026-05-30
    days on market $66,500 Active 544 DOM
17. 2026-02-22
    price $66,500 1372-char remark

    Show marketing remark (1372 chars)

    ATTENTION, ATTENTION... WE HAVE A PRICE ADJUSTMENT!!! Investors, Now's Your Opportunity to Capitalize-- This Duplex Is a Fix-R-Upper and is being sold in its "As Is" condition, the sellers will entertain a reasonable offer; however, no repairs or replacements to be performed. The "Price Adjustment" reflects the repairs and/or replacements that the purchaser may consider. The Duplex is approx. 1770sq ft (Each unit approx. 885 sq ft according to tax records) Unit "B" is tenant occupied and on a month-to-month agreement. According to the owners, the current tenant has rented Unit "B" for the past 17 years and would like to continue to rent from the new owner. Unit "B" has some recently installed ceramic tile flooring. Some renovations were made to Unit "A" with updates to include: Interior paint, some laminate flooring installed in the living rm, bedrooms, hall also closets, vinyl flooring in the kitchen, ceramic tile in the laundry room, some new light fixtures, kitchen sink & faucet, range hood, bathroom tub, commode, metal front door and 2 back doors, blinds to all windows and painted back porch. Buyer's Proof of Funds from banking institution to accompany buyer's offer to purchase. Buyer or Buyer's Agent to verify any and all information deemed pertinent to buyer's decision to purchase.

18. 2026-02-22
    status Active 1372-char remark

    Show marketing remark (1372 chars)

    ATTENTION, ATTENTION... WE HAVE A PRICE ADJUSTMENT!!! Investors, Now's Your Opportunity to Capitalize-- This Duplex Is a Fix-R-Upper and is being sold in its "As Is" condition, the sellers will entertain a reasonable offer; however, no repairs or replacements to be performed. The "Price Adjustment" reflects the repairs and/or replacements that the purchaser may consider. The Duplex is approx. 1770sq ft (Each unit approx. 885 sq ft according to tax records) Unit "B" is tenant occupied and on a month-to-month agreement. According to the owners, the current tenant has rented Unit "B" for the past 17 years and would like to continue to rent from the new owner. Unit "B" has some recently installed ceramic tile flooring. Some renovations were made to Unit "A" with updates to include: Interior paint, some laminate flooring installed in the living rm, bedrooms, hall also closets, vinyl flooring in the kitchen, ceramic tile in the laundry room, some new light fixtures, kitchen sink & faucet, range hood, bathroom tub, commode, metal front door and 2 back doors, blinds to all windows and painted back porch. Buyer's Proof of Funds from banking institution to accompany buyer's offer to purchase. Buyer or Buyer's Agent to verify any and all information deemed pertinent to buyer's decision to purchase.

19. 2026-02-21
    historical 1372-char remark

    Show marketing remark (1372 chars)

    ATTENTION, ATTENTION... WE HAVE A PRICE ADJUSTMENT!!! Investors, Now's Your Opportunity to Capitalize-- This Duplex Is a Fix-R-Upper and is being sold in its "As Is" condition, the sellers will entertain a reasonable offer; however, no repairs or replacements to be performed. The "Price Adjustment" reflects the repairs and/or replacements that the purchaser may consider. The Duplex is approx. 1770sq ft (Each unit approx. 885 sq ft according to tax records) Unit "B" is tenant occupied and on a month-to-month agreement. According to the owners, the current tenant has rented Unit "B" for the past 17 years and would like to continue to rent from the new owner. Unit "B" has some recently installed ceramic tile flooring. Some renovations were made to Unit "A" with updates to include: Interior paint, some laminate flooring installed in the living rm, bedrooms, hall also closets, vinyl flooring in the kitchen, ceramic tile in the laundry room, some new light fixtures, kitchen sink & faucet, range hood, bathroom tub, commode, metal front door and 2 back doors, blinds to all windows and painted back porch. Buyer's Proof of Funds from banking institution to accompany buyer's offer to purchase. Buyer or Buyer's Agent to verify any and all information deemed pertinent to buyer's decision to purchase.

20. 2025-12-16
    price $68,000 1372-char remark

    Show marketing remark (1372 chars)

    ATTENTION, ATTENTION... WE HAVE A PRICE ADJUSTMENT!!! Investors, Now's Your Opportunity to Capitalize-- This Duplex Is a Fix-R-Upper and is being sold in its "As Is" condition, the sellers will entertain a reasonable offer; however, no repairs or replacements to be performed. The "Price Adjustment" reflects the repairs and/or replacements that the purchaser may consider. The Duplex is approx. 1770sq ft (Each unit approx. 885 sq ft according to tax records) Unit "B" is tenant occupied and on a month-to-month agreement. According to the owners, the current tenant has rented Unit "B" for the past 17 years and would like to continue to rent from the new owner. Unit "B" has some recently installed ceramic tile flooring. Some renovations were made to Unit "A" with updates to include: Interior paint, some laminate flooring installed in the living rm, bedrooms, hall also closets, vinyl flooring in the kitchen, ceramic tile in the laundry room, some new light fixtures, kitchen sink & faucet, range hood, bathroom tub, commode, metal front door and 2 back doors, blinds to all windows and painted back porch. Buyer's Proof of Funds from banking institution to accompany buyer's offer to purchase. Buyer or Buyer's Agent to verify any and all information deemed pertinent to buyer's decision to purchase.

21. 2025-08-20
    price $70,550 1372-char remark

    Show marketing remark (1372 chars)

    ATTENTION, ATTENTION... WE HAVE A PRICE ADJUSTMENT!!! Investors, Now's Your Opportunity to Capitalize-- This Duplex Is a Fix-R-Upper and is being sold in its "As Is" condition, the sellers will entertain a reasonable offer; however, no repairs or replacements to be performed. The "Price Adjustment" reflects the repairs and/or replacements that the purchaser may consider. The Duplex is approx. 1770sq ft (Each unit approx. 885 sq ft according to tax records) Unit "B" is tenant occupied and on a month-to-month agreement. According to the owners, the current tenant has rented Unit "B" for the past 17 years and would like to continue to rent from the new owner. Unit "B" has some recently installed ceramic tile flooring. Some renovations were made to Unit "A" with updates to include: Interior paint, some laminate flooring installed in the living rm, bedrooms, hall also closets, vinyl flooring in the kitchen, ceramic tile in the laundry room, some new light fixtures, kitchen sink & faucet, range hood, bathroom tub, commode, metal front door and 2 back doors, blinds to all windows and painted back porch. Buyer's Proof of Funds from banking institution to accompany buyer's offer to purchase. Buyer or Buyer's Agent to verify any and all information deemed pertinent to buyer's decision to purchase.

22. 2025-06-02
    price $72,500 1372-char remark

    Show marketing remark (1372 chars)

    ATTENTION, ATTENTION... WE HAVE A PRICE ADJUSTMENT!!! Investors, Now's Your Opportunity to Capitalize-- This Duplex Is a Fix-R-Upper and is being sold in its "As Is" condition, the sellers will entertain a reasonable offer; however, no repairs or replacements to be performed. The "Price Adjustment" reflects the repairs and/or replacements that the purchaser may consider. The Duplex is approx. 1770sq ft (Each unit approx. 885 sq ft according to tax records) Unit "B" is tenant occupied and on a month-to-month agreement. According to the owners, the current tenant has rented Unit "B" for the past 17 years and would like to continue to rent from the new owner. Unit "B" has some recently installed ceramic tile flooring. Some renovations were made to Unit "A" with updates to include: Interior paint, some laminate flooring installed in the living rm, bedrooms, hall also closets, vinyl flooring in the kitchen, ceramic tile in the laundry room, some new light fixtures, kitchen sink & faucet, range hood, bathroom tub, commode, metal front door and 2 back doors, blinds to all windows and painted back porch. Buyer's Proof of Funds from banking institution to accompany buyer's offer to purchase. Buyer or Buyer's Agent to verify any and all information deemed pertinent to buyer's decision to purchase.

23. 2025-04-29
    price $73,500 1372-char remark

    Show marketing remark (1372 chars)

    ATTENTION, ATTENTION... WE HAVE A PRICE ADJUSTMENT!!! Investors, Now's Your Opportunity to Capitalize-- This Duplex Is a Fix-R-Upper and is being sold in its "As Is" condition, the sellers will entertain a reasonable offer; however, no repairs or replacements to be performed. The "Price Adjustment" reflects the repairs and/or replacements that the purchaser may consider. The Duplex is approx. 1770sq ft (Each unit approx. 885 sq ft according to tax records) Unit "B" is tenant occupied and on a month-to-month agreement. According to the owners, the current tenant has rented Unit "B" for the past 17 years and would like to continue to rent from the new owner. Unit "B" has some recently installed ceramic tile flooring. Some renovations were made to Unit "A" with updates to include: Interior paint, some laminate flooring installed in the living rm, bedrooms, hall also closets, vinyl flooring in the kitchen, ceramic tile in the laundry room, some new light fixtures, kitchen sink & faucet, range hood, bathroom tub, commode, metal front door and 2 back doors, blinds to all windows and painted back porch. Buyer's Proof of Funds from banking institution to accompany buyer's offer to purchase. Buyer or Buyer's Agent to verify any and all information deemed pertinent to buyer's decision to purchase.

24. 2025-04-29
    status Active 1372-char remark

    Show marketing remark (1372 chars)

    ATTENTION, ATTENTION... WE HAVE A PRICE ADJUSTMENT!!! Investors, Now's Your Opportunity to Capitalize-- This Duplex Is a Fix-R-Upper and is being sold in its "As Is" condition, the sellers will entertain a reasonable offer; however, no repairs or replacements to be performed. The "Price Adjustment" reflects the repairs and/or replacements that the purchaser may consider. The Duplex is approx. 1770sq ft (Each unit approx. 885 sq ft according to tax records) Unit "B" is tenant occupied and on a month-to-month agreement. According to the owners, the current tenant has rented Unit "B" for the past 17 years and would like to continue to rent from the new owner. Unit "B" has some recently installed ceramic tile flooring. Some renovations were made to Unit "A" with updates to include: Interior paint, some laminate flooring installed in the living rm, bedrooms, hall also closets, vinyl flooring in the kitchen, ceramic tile in the laundry room, some new light fixtures, kitchen sink & faucet, range hood, bathroom tub, commode, metal front door and 2 back doors, blinds to all windows and painted back porch. Buyer's Proof of Funds from banking institution to accompany buyer's offer to purchase. Buyer or Buyer's Agent to verify any and all information deemed pertinent to buyer's decision to purchase.

25. 2025-04-25
    historical 1372-char remark

    Show marketing remark (1372 chars)

    ATTENTION, ATTENTION... WE HAVE A PRICE ADJUSTMENT!!! Investors, Now's Your Opportunity to Capitalize-- This Duplex Is a Fix-R-Upper and is being sold in its "As Is" condition, the sellers will entertain a reasonable offer; however, no repairs or replacements to be performed. The "Price Adjustment" reflects the repairs and/or replacements that the purchaser may consider. The Duplex is approx. 1770sq ft (Each unit approx. 885 sq ft according to tax records) Unit "B" is tenant occupied and on a month-to-month agreement. According to the owners, the current tenant has rented Unit "B" for the past 17 years and would like to continue to rent from the new owner. Unit "B" has some recently installed ceramic tile flooring. Some renovations were made to Unit "A" with updates to include: Interior paint, some laminate flooring installed in the living rm, bedrooms, hall also closets, vinyl flooring in the kitchen, ceramic tile in the laundry room, some new light fixtures, kitchen sink & faucet, range hood, bathroom tub, commode, metal front door and 2 back doors, blinds to all windows and painted back porch. Buyer's Proof of Funds from banking institution to accompany buyer's offer to purchase. Buyer or Buyer's Agent to verify any and all information deemed pertinent to buyer's decision to purchase.

26. 2025-04-23
    price $81,000 1372-char remark

    Show marketing remark (1372 chars)

    ATTENTION, ATTENTION... WE HAVE A PRICE ADJUSTMENT!!! Investors, Now's Your Opportunity to Capitalize-- This Duplex Is a Fix-R-Upper and is being sold in its "As Is" condition, the sellers will entertain a reasonable offer; however, no repairs or replacements to be performed. The "Price Adjustment" reflects the repairs and/or replacements that the purchaser may consider. The Duplex is approx. 1770sq ft (Each unit approx. 885 sq ft according to tax records) Unit "B" is tenant occupied and on a month-to-month agreement. According to the owners, the current tenant has rented Unit "B" for the past 17 years and would like to continue to rent from the new owner. Unit "B" has some recently installed ceramic tile flooring. Some renovations were made to Unit "A" with updates to include: Interior paint, some laminate flooring installed in the living rm, bedrooms, hall also closets, vinyl flooring in the kitchen, ceramic tile in the laundry room, some new light fixtures, kitchen sink & faucet, range hood, bathroom tub, commode, metal front door and 2 back doors, blinds to all windows and painted back porch. Buyer's Proof of Funds from banking institution to accompany buyer's offer to purchase. Buyer or Buyer's Agent to verify any and all information deemed pertinent to buyer's decision to purchase.

27. 2025-04-17
    price $81,500 1372-char remark

    Show marketing remark (1372 chars)

    ATTENTION, ATTENTION... WE HAVE A PRICE ADJUSTMENT!!! Investors, Now's Your Opportunity to Capitalize-- This Duplex Is a Fix-R-Upper and is being sold in its "As Is" condition, the sellers will entertain a reasonable offer; however, no repairs or replacements to be performed. The "Price Adjustment" reflects the repairs and/or replacements that the purchaser may consider. The Duplex is approx. 1770sq ft (Each unit approx. 885 sq ft according to tax records) Unit "B" is tenant occupied and on a month-to-month agreement. According to the owners, the current tenant has rented Unit "B" for the past 17 years and would like to continue to rent from the new owner. Unit "B" has some recently installed ceramic tile flooring. Some renovations were made to Unit "A" with updates to include: Interior paint, some laminate flooring installed in the living rm, bedrooms, hall also closets, vinyl flooring in the kitchen, ceramic tile in the laundry room, some new light fixtures, kitchen sink & faucet, range hood, bathroom tub, commode, metal front door and 2 back doors, blinds to all windows and painted back porch. Buyer's Proof of Funds from banking institution to accompany buyer's offer to purchase. Buyer or Buyer's Agent to verify any and all information deemed pertinent to buyer's decision to purchase.

28. 2025-03-02
    price $86,500 1372-char remark

    Show marketing remark (1372 chars)

    ATTENTION, ATTENTION... WE HAVE A PRICE ADJUSTMENT!!! Investors, Now's Your Opportunity to Capitalize-- This Duplex Is a Fix-R-Upper and is being sold in its "As Is" condition, the sellers will entertain a reasonable offer; however, no repairs or replacements to be performed. The "Price Adjustment" reflects the repairs and/or replacements that the purchaser may consider. The Duplex is approx. 1770sq ft (Each unit approx. 885 sq ft according to tax records) Unit "B" is tenant occupied and on a month-to-month agreement. According to the owners, the current tenant has rented Unit "B" for the past 17 years and would like to continue to rent from the new owner. Unit "B" has some recently installed ceramic tile flooring. Some renovations were made to Unit "A" with updates to include: Interior paint, some laminate flooring installed in the living rm, bedrooms, hall also closets, vinyl flooring in the kitchen, ceramic tile in the laundry room, some new light fixtures, kitchen sink & faucet, range hood, bathroom tub, commode, metal front door and 2 back doors, blinds to all windows and painted back porch. Buyer's Proof of Funds from banking institution to accompany buyer's offer to purchase. Buyer or Buyer's Agent to verify any and all information deemed pertinent to buyer's decision to purchase.

29. 2025-01-18
    status Active 1372-char remark

    Show marketing remark (1372 chars)

    ATTENTION, ATTENTION... WE HAVE A PRICE ADJUSTMENT!!! Investors, Now's Your Opportunity to Capitalize-- This Duplex Is a Fix-R-Upper and is being sold in its "As Is" condition, the sellers will entertain a reasonable offer; however, no repairs or replacements to be performed. The "Price Adjustment" reflects the repairs and/or replacements that the purchaser may consider. The Duplex is approx. 1770sq ft (Each unit approx. 885 sq ft according to tax records) Unit "B" is tenant occupied and on a month-to-month agreement. According to the owners, the current tenant has rented Unit "B" for the past 17 years and would like to continue to rent from the new owner. Unit "B" has some recently installed ceramic tile flooring. Some renovations were made to Unit "A" with updates to include: Interior paint, some laminate flooring installed in the living rm, bedrooms, hall also closets, vinyl flooring in the kitchen, ceramic tile in the laundry room, some new light fixtures, kitchen sink & faucet, range hood, bathroom tub, commode, metal front door and 2 back doors, blinds to all windows and painted back porch. Buyer's Proof of Funds from banking institution to accompany buyer's offer to purchase. Buyer or Buyer's Agent to verify any and all information deemed pertinent to buyer's decision to purchase.

30. 2024-12-18
    status Pending 1372-char remark

    Show marketing remark (1372 chars)

    ATTENTION, ATTENTION... WE HAVE A PRICE ADJUSTMENT!!! Investors, Now's Your Opportunity to Capitalize-- This Duplex Is a Fix-R-Upper and is being sold in its "As Is" condition, the sellers will entertain a reasonable offer; however, no repairs or replacements to be performed. The "Price Adjustment" reflects the repairs and/or replacements that the purchaser may consider. The Duplex is approx. 1770sq ft (Each unit approx. 885 sq ft according to tax records) Unit "B" is tenant occupied and on a month-to-month agreement. According to the owners, the current tenant has rented Unit "B" for the past 17 years and would like to continue to rent from the new owner. Unit "B" has some recently installed ceramic tile flooring. Some renovations were made to Unit "A" with updates to include: Interior paint, some laminate flooring installed in the living rm, bedrooms, hall also closets, vinyl flooring in the kitchen, ceramic tile in the laundry room, some new light fixtures, kitchen sink & faucet, range hood, bathroom tub, commode, metal front door and 2 back doors, blinds to all windows and painted back porch. Buyer's Proof of Funds from banking institution to accompany buyer's offer to purchase. Buyer or Buyer's Agent to verify any and all information deemed pertinent to buyer's decision to purchase.

31. 2024-10-29
    listed $91,500 Active 1372-char remark

    Show marketing remark (1372 chars)

    ATTENTION, ATTENTION... WE HAVE A PRICE ADJUSTMENT!!! Investors, Now's Your Opportunity to Capitalize-- This Duplex Is a Fix-R-Upper and is being sold in its "As Is" condition, the sellers will entertain a reasonable offer; however, no repairs or replacements to be performed. The "Price Adjustment" reflects the repairs and/or replacements that the purchaser may consider. The Duplex is approx. 1770sq ft (Each unit approx. 885 sq ft according to tax records) Unit "B" is tenant occupied and on a month-to-month agreement. According to the owners, the current tenant has rented Unit "B" for the past 17 years and would like to continue to rent from the new owner. Unit "B" has some recently installed ceramic tile flooring. Some renovations were made to Unit "A" with updates to include: Interior paint, some laminate flooring installed in the living rm, bedrooms, hall also closets, vinyl flooring in the kitchen, ceramic tile in the laundry room, some new light fixtures, kitchen sink & faucet, range hood, bathroom tub, commode, metal front door and 2 back doors, blinds to all windows and painted back porch. Buyer's Proof of Funds from banking institution to accompany buyer's offer to purchase. Buyer or Buyer's Agent to verify any and all information deemed pertinent to buyer's decision to purchase.

ⓘ 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: $657 · $55/mo
• Projected year-2 tax: $657 · $55/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 6 d/yr ≥104°F today · 18 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: $20,532
• − Mortgage interest: −$3,725
• − Property taxes: −$657
• − Insurance: −$332
• − Repairs & maintenance: −$1,643
• − Management: −$1,643
• − Depreciation: −$1,935
• Taxable income: $10,598
• Est. tax owed @ 24.0%: −$2,544
• After-tax cash flow: $8,503/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
• City population: 205,729
• Population (ZIP): 11,952

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: Predominantly Black (97%)
• Race & ethnicity: Black 97% White 2%
• Foreign-born: 0%

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: ▲ 4.78%
• Current HPI: 128.8377
• Rent YoY: —
• Metro: —
• 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

-27.3% since first listed

15 events — show timeline

• 2026-02-22 Price Changed $66,500 GCMLS AL
• 2026-02-22 Relisted — GCMLS AL
• 2026-02-21 Delisted — GCMLS AL
• 2025-12-16 Price Changed $68,000 GCMLS AL
• 2025-08-20 Price Changed $70,550 GCMLS AL
• 2025-06-02 Price Changed $72,500 GCMLS AL
• 2025-04-29 Price Changed $73,500 GCMLS AL
• 2025-04-29 Relisted — GCMLS AL
• 2025-04-25 Delisted — GCMLS AL
• 2025-04-23 Price Changed $81,000 GCMLS AL
• 2025-04-17 Price Changed $81,500 GCMLS AL
• 2025-03-02 Price Changed $86,500 GCMLS AL
• 2025-01-18 Relisted — GCMLS AL
• 2024-12-18 Pending — GCMLS AL
• 2024-10-29 Listed $91,500 GCMLS AL

Property tax history

+0.4%/yr

Latest (2025): $657 · +6.6% YoY. Source: county tax records.