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About this home
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. Buyer to verify all information during due diligence.
Carlen, located between Old Dauphin Way and Government Street, is a historic and residential Mobile neighborhood with oak-canopied streets and early-20th-century architecture. The neighborhood’s character concentrates around the Old Dauphin Way corridor near Broad Street, where porch-front homes meet a low-key strip of local eateries and corner storefronts. The Bragg-Mitchell Mansion and the Mobile Museum of Art serve as cultural touchstones nearby, with Langan Park adding a green counterpoint for walks and picnics. Housing leans toward Craftsman bungalows and restored cottages, with occasional larger historic homes. Sidewalk blocks and mature trees shape a calm, lived-in streetscape that still feels connected to Midtown’s main corridors.
Provided by Walk Score and Local Logic
Market insights
203 Mohawk Street St · $799,000
LIST PRICE
$799,000
Median list price in this area is $121,026. (85% lower than this home)
PRICE DROP
0 price drops
43% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Unfurnished
Smoke detectors installed
Bathrooms
Nine full bathrooms
Kitchen
Refrigerator
Electric range
Flooring
Wood flooring
Carpet
Laminate
Heating & cooling
Window unit cooling
Exterior features
On waterfront
Home design
Residential income property
Multi-family (four to ten units)
Security
Smoke detector(s)
Construction
Stucco and wood siding
Slab foundation
Composition roof
Utilities
Public water
Public sewer
HOA & community
Trash service included
Electricity and solar
View estimated energy costs and solar savings for this home
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.
BCAR #393811
Mar 20, 2026
Listed
$799,000
$135/sq ft
Public Records
Oct 9, 2018
Sold
$155,000
$26/sq ft
Public Records
Oct 9, 2018
Sold
$100,000
$17/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,613
2024
$1,613 (−9.5%)
2023
$1,783
2022
$1,783 (+8.4%)
2021
$1,645
2020
$1,645 (−48.0%)
2019
$3,165 (+99.8%)
2018
$1,584
2017
$1,584
2016
$1,584 (+37.3%)
2014
$1,154
Public record
Public record
Zoning
Permits
Beds
—
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
0.32 Acres
Year renovated
1990
Finished Sq. Ft.
2,898
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,898
Year built
1945
Style
Multi-Family (5+ Unit)
County
Mobile County
APN
29 07 24 0 006 217.XXX
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 9, 2026.
R-1
Single-Family Residential Districts
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.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Infrastructure
Communications tower
Jan 10, 2023 • Final
Commercial electrical permit for an electrical service repair
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
8/10 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, 20 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 • 36606
Average low and high temperatures (°F)
61
41
70
49
76
56
80
63
83
68
89
75
93
77
90
75
91
71
84
63
75
56
65
46
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 11% for direct sun exposure in Mobile. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 203 Mohawk Street St
There isn’t enough information to generate an accurate estimate at this time. Learn More
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