This property is offered as part of a five-property investment portfolio and is not available for individual purchase. The listing price represents the combined purchase price for all five properties, making this an exceptional opportunity for investors seeking a stabilized, income-producing portfolio in Mobile, Alabama. This property has the potential to generate $1,495 per month in rental income, providing immediate cash flow for the new owner. The investment portfolio also includes: 2995 Barlett Dr., Mobile, AL 36608 (MLS# 7812831) 51 Macks St., Mobile, AL 36607 (MLS# 7812842) 65 Lefevre St., Mobile, AL 36607 (MLS# 7812839) 903 Fairmont St., Mobile, AL 36606 (MLS# 7812837) All five properties must be purchased together as a single investment package and will not be sold separately. With established rental income and diversified locations throughout Mobile, this portfolio offers an excellent opportunity for investors seeking immediate cash flow and long-term appreciation.
Driftwood, located between I-65 and Airport Boulevard, is a residential and suburban Mobile neighborhood with winding cul-de-sacs and mature tree cover. The neighborhood’s energy concentrates around the Airport Blvd & University Blvd corridor, where low-slung shopping plazas, local eateries, and steady traffic set the daily rhythm. Nearby pillars such as The Grounds, Mobile Museum of Art, and Bragg-Mitchell Mansion add a cultural counterpoint to the area’s practical layout. Housing trends toward mid-century ranches and later brick builds on generous lots. Green space and campus-adjacent streets shape an outdoors-forward routine. Commuter routes radiate toward Midtown and Downtown without changing the neighborhood’s quiet feel.
Provided by Walk Score and Local Logic
Market insights
1512 Canal Rd
SALE-TO-LIST
97.4%
Most homes are selling 3% below list price.
PRICE DROP
0 price drops
23% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Other interior features
No fireplace
Bedrooms
3 bedrooms
Bathrooms
1 full bathroom
Kitchen
Dishwasher
Gas Range
Heating & cooling
Central heating
Central air conditioning
Exterior features
No exterior features listed
No fencing
No pool or spa
Property has a view
Home design
Single Family Residence
Residential property
Parking
No designated parking
Construction
Wood siding
Shingle roof
Pillar/post/pier foundation
Built in 1953
Utilities
Electricity available
Natural gas available
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
These districts are composed of both developed and largely undeveloped areas. The developed areas contain mainly one-family dwellings and small open areas, usually subdivided, where residential development seems likely to occur; few two-family and multiple-family dwellings are found in these developed areas. It is anticipated that most of the large undeveloped areas will ultimately be developed for residential use. The district regulations are designed to protect the residential character of the developed areas by prohibiting commercial activities and encouraging a suitable neighborhood environment for family life.
Zone overlays
Peninsula Overlay
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Infrastructure
Communications tower
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 105° expected this year, 21 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Mobile, AL • 36605
Average low and high temperatures (°F)
60
41
69
49
74
56
79
63
82
68
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74
92
76
89
75
89
72
83
63
74
57
65
46
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.1 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1512 Canal Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $120,000 and $396,100.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $120K to $396K.