Located near the heart of Downtown Mobile, this exceptional portfolio offers 10 fully rented units, including a triplex, three duplexes, and a single apartment. Currently rented below market value, this property presents a lucrative opportunity for increased revenue as leases renew. Recent updates by the seller, including electrical, plumbing and HVAC systems, provide peace of mind for investors looking for a turnkey opportunity. This property’s prime location is a significant draw for tenants and investors alike. Residents enjoy easy access to thriving dining scenes, entertainment venues, and the historic charm of the Oakleigh Historic District. The property is also close to Ladd-Peebles Stadium, Bel Air Mall, and the famous Mobile Mardi Gras parade routes. For those seeking outdoor activities, Bienville Square and the Mobile Bay waterfront are just a short drive away. Additionally, the property is well-connected to major roadways, including I-65 and I-10, making it a convenient choice for commuters. Tenants pay all utilities except for landscaping, keeping operating expenses low and maximizing returns. Whether you're a seasoned investor or looking to expand your portfolio, this cash-flowing asset in one of Mobile's most popular areas is a rare find. Don’t miss out—schedule your showing today and capitalize on this growth opportunity! Proof of funds must be submitted prior to showings. Owner financing options are available. Buyer and Buyer's Agent to verify all information. Buyer to verify all information during due diligence.
Closed
$900,000
5 N Fulton St, Mobile, AL 36607
15beds
8,000sqft
Residential
Built in 1986
0.56 Acres Lot
$-- Zestimate®
$113/sqft
$1,353 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 10, 2025 at 01:28pm
Listed by:
Taylor Pettway 251-525-7050,
Goode Realty, LLC,
Ginny Byrd 251-689-4787,
Goode Realty, LLC
Bought with:
Taylor Pettway
Goode Realty, LLC
Ginny Byrd
Source: Baldwin Realtors,MLS#: 372888

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 10
- Full bathrooms: 10
Heating
- Wall Furnace
Cooling
- Window Unit(s)
Appliances
- Included: Gas Range, Refrigerator
Features
- Ceiling Fan(s)
- Flooring: Tile, Wood
- Has basement: No
- Number of fireplaces: 1
Interior area
- Total structure area: 8,000
- Total interior livable area: 8,000 sqft
Property
Parking
- Parking features: Attached
- Has attached garage: Yes
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: None
- Waterfront features: No Waterfront
Lot
- Size: 0.56 Acres
- Features: Less than 1 acre
Details
- Parcel number: 2907240003059XXX
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Residential
Materials
- Wood Siding, Frame
- Roof: See Remarks
Condition
- Resale
- New construction: No
- Year built: 1986
Utilities & green energy
- Electric: Alabama Power
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: None
Location
- Region: Mobile
- Subdivision: Park Place
Other
Other facts
- Ownership: Whole/Full