VALUE RANGE PRICING. SELLER TO CONSIDER OFFERS FROM $549,000 TO $569,000. THE LOWER AND UPPER VALUE RANGES OF THE MARKET.
Fully leased quadplex investment opportunity in Midtown Mobile, just minutes from Downtown. This income-producing property currently generates $4,250 per month in gross rental income, with executed leases in place for all four units. Tenants are responsible for their own utilities, and each unit has its own power meter, water meter, water heater, and central HVAC system.
Major recent improvements include a new FORTIFIED roof completed in 2026, replacement of the main 6-inch sewer line in 2026, HVAC systems replaced since 2018/2019, and post-COVID water heaters. Unit B was also renovated in 2025 with new carpet, interior paint, light fixtures, and a new stove. No HOA.
With established tenants, current leases in place, and significant recent capital improvements already completed, this property offers the opportunity to acquire a stabilized, income-producing asset in a highly visible Midtown location. Financial information, rent roll, leases, and additional property documents available upon request. Buyer and/or buyer's agent to verify all details.
Property Features
Utilities
Cable Available
Electricity Available
Natural Gas Available
Phone Available
Sewer Available
Water Available
Cooling Information
Ceiling Fan(s)
Central Air
Heating Information
Central
Water Features
Public
Parking
Parking Lot
School Information
School Information for 1010 Dauphin Street, Mobile, AL 36604
Elementary School
Florence Howard
Middle School
Calloway Smith
High School
Murphy
Listing Courtesy: Keller Williams Mobile - 251-662-5660