TURNKEY INVESTMENT OPPORTUNITY WITH IMMEDIATE CASH FLOW, A LONG-TERM TENANT IN PLACE, AND MAJOR CAPITAL IMPROVEMENTS ALREADY COMPLETED. Currently generating $1,531 per month, this professionally managed 4-bedroom, 2-bath home offers immediate rental income with a tenant who has occupied the property for more than four years. Recent updates include a new roof (2025), new flooring (2025), and HVAC replacement (2021), significantly reducing near-term maintenance expenses. The current month-to-month lease provides flexibility for investors while also preserving future owner-occupancy potential. A portion of the rental income is generated through a government-assisted housing program, creating stable and predictable cash flow. Rent rolls, lease information, and T-12 financial statements are available upon request. This property is one of six investment opportunity homes being offered individually or as part of a larger investment portfolio. The seller would prefer a portfolio sale but will consider individual offers. SEE MLS #’s (7820915,7820818,7820792,7820755,7820698). Buyer to verify all information during the due diligence period.
Active
$179,900
1469 Mamie Dr, Mobile, AL 36618
4beds
1,421sqft
Single Family Residence, Residential
Built in 1998
8,616 Square Feet Lot
$178,000 Zestimate®
$127/sqft
$-- HOA
What's special
- 2 days |
- 242 |
- 30 |
Zillow last checked:
Listing updated:
Listed by:
Chrissi Moore 251-610-2969,
Roberts Brothers West
Source: GCMLS,MLS#: 7820724
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Refrigerator
- Laundry: None
Features
- Other
- Flooring: Laminate
- Windows: None
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,421
- Total interior livable area: 1,421 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Carport, Covered
- Carport spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Patio & porch: None
- Exterior features: None
- Pool features: None
- Spa features: None
- Fencing: Back Yard
- Has view: Yes
- View description: Other
- Waterfront features: None
Lot
- Size: 8,616 Square Feet
- Dimensions: 88 x 133 x 69 x 99
- Features: Back Yard
Details
- Additional structures: None
- Parcel number: 2801014000016
- Special conditions: Investor Owned
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Brick
- Foundation: None
- Roof: Shingle
Condition
- Year built: 1998
Utilities & green energy
- Electric: None
- Sewer: Public Sewer
- Water: Private
- Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available
Green energy
- Energy efficient items: None
Community & HOA
Community
- Features: None
- Subdivision: Autumndale
Location
- Region: Mobile
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $81,400
- Annual tax amount: $423
- Date on market: 8/13/2026
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Zestimate®
$178,000
Estimated sales range
$169,000 - $187,000
Rent Zestimate®
$1,448/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Listed for sale | $179,900+105.6%$127/sqft |
Source: | ||
| 2/4/2025 | Sold | $87,500$62/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $423 +7.5% | $8,140 +6.8% |
| 2024 | $393 +1.8% | $7,620 +1.6% |
| 2023 | $387 +2.7% | $7,500 +2.5% |
| 2022 | $376 +5.8% | $7,320 +5.2% |
| 2021 | $356 +0.3% | $6,960 +0.3% |
| 2020 | $355 +3% | $6,940 +2.7% |
| 2019 | $344 -2.8% | $6,760 -2.3% |
| 2018 | $354 +2.6% | $6,920 +2.1% |
| 2017 | $345 | $6,780 -22.6% |
| 2016 | $345 -18.1% | $8,760 +9% |
| 2013 | $422 -7.5% | $8,040 -7.8% |
| 2010 | $456 | $8,720 |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Autumndale
Nearby schools
GreatSchools rating
- 7/10Forest Hill Elementary SchoolGrades: K-5Distance: 0.9 mi
- 7/10Cl Scarborough Middle SchoolGrades: 6-8Distance: 0.8 mi
- 2/10Mattie T Blount High SchoolGrades: 9-12Distance: 5 mi
Schools provided by the listing agent
- Elementary: Forest Hill
- Middle: CL Scarborough
- High: Mattie T Blount
Source: GCMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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