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Active
  • $799,000

    203 Mohawk St, Mobile, AL 36606

    --beds
    0baths
    --sqft
    : 
    Multi Family
    Built in 1945
    -- sqft lot
    $379,900 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    On-site parking for residentsWindow air-conditioning unitsAll electric
    Attention Investors!!! An excellent investment opportunity in the heart of Midtown! This 9-unit apartment complex offers a mix of 1- and 2-bedroom units, each with 1 bathroom, and is currently 100% occupied, providing immediate income for a new owner. Monthly rents range from $600 to $800 per unit, offering strong and consistent cash flow potential. Each unit is equipped with window air-conditioning units and are all electric, with city water and city sewer service. All apartments include a stove and refrigerator (except for one unit where the refrigerator belongs to the tenant). The property also offers on-site parking for residents. Located in a fantastic Midtown location, the property is convenient for dining, shopping, and entertainment, with easy access to major thoroughfares providing quick connectivity to all areas of Mobile. With strong occupancy, a desirable location, and steady rental history, this property presents a great opportunity for investors seeking a well-located income-producing asset.
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    Zillow last checked: 7 hours ago

    Listing updated: March 20, 2026 at 08:14am

    Listed by:

    Melissa Morrissette 251-709-4736,

    L L B & B, Inc.

    Source: GCMLS,MLS#: 7733339MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • None
      Cooling
      • Window Unit(s)
      Features
      • Flooring: Carpet, Hardwood, Laminate
      • Windows: None

      Property

      Parking
      • Total spaces: 9
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Multi/Split
      • Fencing: None
      • Has view: Yes
      • View description: City
      • Waterfront features: None
      Lot
      • Size: 0.32 Acres
      • Dimensions: 100 x 140 x 101 x 138
      Details
      • Parcel number: 2907240006217
      • Special conditions: Corporate Owner

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Frame, Stucco
      • Roof: Composition
      Condition
      • Year built: 1945

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Sewer Available, Water Available
      Green energy
      • Energy efficient items: None

      Community & HOA

      Community
      • Features: None
      • Subdivision: Dubroca Tract
      Location
      • Region: Mobile

      Financial & listing details

      • Tax assessed value: $253,800
      • Annual tax amount: $1,613
      • Date on market: 3/20/2026
      • Electric utility on property: Yes

        Estimated market value

        $379,900

        $327,000 - $441,000

        $1,437/mo

        Price history

        Price history
        DateEventPrice
        3/20/2026Listed for sale$799,000+248.1%
        Source: GCMLS #7733339 Report a problem
        6/4/2019Sold$229,500+48.1%
        Source: Public Record Report a problem
        10/9/2018Sold$155,000
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$1,613 $25,400
        2024$1,613 -9.5%$25,400 -9.5%
        2023$1,783 $28,080
        2022$1,783 +8.4%$28,080 +8.4%
        2021$1,645 $25,900
        2020$1,645 -48%$25,900 -48%
        2019$3,165 -0.3%$49,840 +99.8%
        2018$3,175 +100.5%$24,940
        2017$1,584 $24,940 -0.1%
        2016$1,584 +27.5%$24,960 +33.2%
        2013$1,242 $18,740

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $4,466/mo
        Principal & interest
        $4120
        Property taxes
        $346
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          Climate risks

          Neighborhood: Carlen

          Getting around

          77 / 100
          Very Walkable
          50 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Leinkauf
          • Middle: Booker T Washington
          • High: Murphy

          Source: GCMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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