Twelve (12) unit, professionally managed apartment complex. Brick construction, with plenty of parking for tenants. Property is located approximately 2.2 miles to the University of South Alabama and has nearby interstate access. Rents have been steadily increasing and property has had multiple units renovated. All measurements are approximate and not guaranteed, buyer to verify.
Multi-familyProperty Type
1978Year Built
0.29 acresLot Size
Listed by Rameh Dickens Khazen• Bellator Real Estate LLC Mobile
Bought with Christy Gustin• Bellator Real Estate LLC Mobile
AMAZING investment opportunity 1.5 miles from South Alabama’s campus!! 100% occupancy! Three buildings with a total of 12 units. Each unit rents for $640/month. All 2 bedrooms, 1 bath, 900sq ft each. Each unit comes with a refrigerator, stove, dishwasher, garbage disposal, washer/dryer connections, and an outside storage unit. 11 central AC units replaced with Rheen units in Feb 2016 and 1 in May 2015. Parking lot was repaved in 2019. 2020 generated almost $60,000 NOI! Owner pays for water and trash. Roof is a flat roof 10-12 years old. Addresses of each building are 5751 Overlook Rd. (Tax ID 1810188), 5755 Overlook Rd. (Tax ID 454877), and 1459 Morlee Dr. W (Tax ID 454868). Tenants require 48 hour’s notice for showings. Buyer to verify all measurements and important info.
Year
Property tax
Land + Additions
Assessment*
2025
$3,103
2024
$3,103 (+3.5%)
2023
$2,997 (−0.5%)
2022
$3,014 (+68.3%)
2021
$1,791
2020
$1,791 (+10.0%)
2019
$1,628
2018
$1,628 (−0.3%)
2017
$1,633 (−2.6%)
2016
$1,677 (+12.7%)
2014
$1,488
Tax history for 5751 Overlook Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,103
2024
$3,103 (+3.5%)
2023
$2,997 (−0.5%)
2022
$3,014 (+68.3%)
2021
$1,791
2020
$1,791 (+10.0%)
2019
$1,628
2018
$1,628 (−0.3%)
2017
$1,633 (−2.6%)
2016
$1,677 (+12.7%)
2014
$1,488
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
1
Stories
2
Lot width
—
Lot depth
—
Lot size
0.28 Acres
Year renovated
1978
Sq. Ft.
3,626
Year built
1978
Style
Multi-Family (5+ Unit)
County
Mobile County
APN
28 02 09 1 001 003.001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 4, 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
Property details
Parking
Parking Information
Parking Features: Parking Lot
Interior
Interior Features
Flooring: Carpet
Heating & Cooling
Heating: Other
Cooling: Other
Multi-Unit Information
Number of Units Total: 12
Exterior
Exterior Features
Fencing: None
Property Type
Residential Income
Property Information
Accessibility Features: Accessible Entrance
Land Information
View : Yes
Waterfront Features: None
Lot Information
Waterfront Y/N: No
Building Information
Construction Materials: Brick 4 Sides
Window Features: None
Year Built: 1978
Roof: Shingle
Subdivision Information
Subdivision Name: Parkview Estates
Financial
Tax Information
Tax Annual Amount: 3014
Utilities
Utilities Information
Utilities: Electricity Available, Water Available
Sewer: Public Sewer
Location
School information
Elementary School: Orchard
High School: Mattie T Blount
Middle/Junior School: CL Scarborough
Neighborhood Information
Subdivision Name: Parkview Estates
Location Information
Unparsed Address: 5751 Overlook Road, Mobile AL 36618
Directions: From Airport Boulevard, take a Cody Road
Utility Information
Public Sewer
Electricity Available, Water Available
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 3,626
Stories: 2.0
Lot Size: 0.28 acres
Style: Multi-Family (5+ Unit)
Year Built: 1978
Year Renovated: 1978
County: Mobile County
APN: 28 02 09 1 001 003.001
Home facts updated by county records on Aug 4, 2026
Around this home
Schools
Places
Transit
Orchard Elementary School
Public PreK-5 • Assigned • 1.1mi
3/10
Cl Scarborough Middle School
Public 6-8 • Assigned • 1.9mi
7/10
Mattie T Blount High School
Public 9-12 • Assigned • 4.1mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk 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 104° expected this year, 21 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Mobile, AL • 36618
Average low and high temperatures (°F)
60
39
70
48
76
54
80
61
83
67
89
73
92
76
92
75
89
71
83
61
74
55
65
45
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.3 hours in
June and 4.7 hours in December, placing it below the
U.S. average for solar exposure.