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For sale by owner
  • $147,500

    2516 Club House Rd, Mobile, AL 36605

    2beds
    911sqft
    : Get pre-qualified
    MultiFamily
    Built in 1986
    -- sqft lot
    $85,600 Zestimate®
    $162/sqft
    $-- HOA

    What's special

    Reliable central ac
    High-Yield, Low-Maintenance Investment! Dual Income Streams for Only $149,900. Attention investors! Welcome to 2516 Clubhouse Road, an exceptional multi-unit property offering an incredible cap rate potential, immediate cash flow, and major mechanical protection. Priced at just $149,900, this unique parcel features two completely separate, detached single-family dwellings on a single lot—providing maximum privacy for your tenants and effortless management for you. Peace of mind comes built-in with major capital expenditures already taken care of: both dwellings received brand-new roofs within the last two years, significantly lowering your near-term maintenance costs and protecting your bottom line. Main House: Features reliable central AC and is currently occupied by a tenant, providing steady, immediate income from day one. Smaller Cottage: Equipped with a brand-new mini-split AC/heating unit, this space is vacant, freshly prepped, and completely move-in ready to lease out immediately. With one unit already performing and the second ready to market, this property is primed to hit a projected gross market rent of approximately $1,850 per month when fully occupied. At a purchase price under $150k, the rent-to-price ratio, mechanical updates, and recent roofs make this a standout addition to any portfolio. Schedule your private showing today and start collecting returns next month! Must have at least 48 hours notice to show the house out of respect to tenant.
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    Listed by:

    Property Owner (251) 604-4759

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Forced air
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Trash compactor, Washer
      Features
      • Flooring: Tile, Hardwood
      • Has fireplace: No
      Interior area
      • Total interior livable area: 911 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Off-street, Garage
      Features
      • Exterior features: Wood
      Lot
      • Size: 1.86 Acres
      Details
      • Parcel number: R023208400003027

      Construction

      Type & style
      • Home type: MultiFamily
      Materials
      • Wood
      • Roof: Shake / Shingle
      Condition
      • New construction: No
      • Year built: 1986

      Utilities & green energy

      • Utilities for property: ELECTRIC

      Community & HOA

      Location
      • Region: Mobile

      Financial & listing details

      • Price per square foot: $162/sqft
      • Tax assessed value: $73,900
      • Annual tax amount: $939
      • Date on market: 5/30/2026
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        Estimated market value

        $85,600

        $72,000 - $99,000

        $1,119/mo

        Price history

        DateEventPrice
        5/30/2026Listed for sale$147,500+104.9%$162/sqft
        Source: Owner Report a problem
        6/14/2023Sold$72,000-1.4%$79/sqft
        Source: Public Record Report a problem
        6/3/2023Pending sale$73,000$80/sqft
        Source: Roberts Brothers #7223680 Report a problem
        5/31/2023Listed for sale$73,000+108.6%$80/sqft
        Source: GCMLS #7223680 Report a problem
        12/4/2017Sold$35,000-36.4%$38/sqft
        Source: Public Record Report a problem
        4/5/2017Listed for sale$55,000+5.8%$60/sqft
        Source: ROBERTS BROTHERS/THE REAL ESTATE CENTER #544001 Report a problem
        10/2/2015Listing removed$52,000$57/sqft
        Source: ROBERTS BROTHERS/THE REAL ESTATE CENTER #518352 Report a problem
        8/4/2015Price change$52,000-9.6%$57/sqft
        Source: ROBERTS BROTHERS/THE REAL ESTATE CENTER #518352 Report a problem
        4/7/2015Listed for sale$57,500+15.2%$63/sqft
        Source: ROBERTS BROTHERS/THE REAL ESTATE CENTER #518352 Report a problem
        8/20/2013Listing removed$49,900$55/sqft
        Source: Roberts Brothers West #200618 Report a problem
        6/20/2013Listed for sale$49,900+211.9%$55/sqft
        Source: Roberts Brothers West #200618 Report a problem
        12/11/2012Sold$16,000$18/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$939 +1.7%$14,780 +1.7%
        2024$923 +71.9%$14,540 +71.9%
        2023$537 +6%$8,460 +6%
        2022$507 $7,980
        2021$507 $7,980
        2020$507 +3.6%$7,980 +3.6%
        2019$489 -2%$7,700
        2018$499 +2%$7,700
        2017$489 $7,700
        2016$489 +39.5%--
        2013$351 +241.5%$5,400 +114.3%
        2001$103 +41.8%$2,520
        2000$72 $2,520

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: Riverside

          Getting around

          4 / 100
          Car-Dependent
          27 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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