Views
Address
302 Michigan Avenue, Mobile, AL
Price
$ 699,000
Property Attributes
- MLS#7829544
- TypeSingle Family
- Listing Status Active
- ParishMobile
- CityMobile
- NeighborhoodGlendale Park
- Zip36604
- Style
- Year Built1982
- Taxes$ 928
- Price$ 699,000
- Bedrooms10
- Full Bathrooms10
- Half Bathrooms0
- Lot Size0.2389 Acres
Data Source:
Mobile Area Association of REALTORS®® Inc/Gulf Coast MLS
Property Description
Look no further for a strong investment opportunity featuring three buildings with a total of 10 units, providing multiple income streams and excellent potential for continued cash flow. Eight units are occupied by long-term tenants, offering stable, consistent rental income, while two ADUs operate as Airbnb rentals, providing additional short-term rental revenue and flexibility. The property currently generates over $8,000 in gross monthly income, making this an attractive opportunity for investors seeking an established income-producing asset. The diversified rental model combines the stability of long-term leases with the earning potential of short-term rentals. Current owner has also completed significant upgrades to the property. The two ADU buildings that house the AirBNB rentals have been completely remodeled and are fully furnished. New floors, subfloor, appliances, new PEX water lines, tankless water heater in Unit 10, mini split and brand new shower in Unit 9. New shower installed in unit 1. Sewer plumbing has been updated in the main building with additional clean outs added. With 10 total units across three buildings, this property offers scale, built-in income diversification, and potential for future growth. A compelling addition to any investment portfolio—schedule your private showing today!
| Elementary School | Middle School | High School |
|---|---|---|
| Leinkauf Elementary School | Calloway Smith Middle School | Murphy High School |
| Price History | |
|---|---|
| 8/30/2026 | Listed $699,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Wall Unit(s) |
| Cooling | Ceiling Fan(s),Wall Unit(s),Window Unit(s) |
| Utilities | Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Water Available |
| Roof | Shingle |
| Construction Materials | Asbestos |
| Year Built | 1982 |
| View | City |
| Levels | Two |
| Waterfront Features | None |
| Community Features | None |
| Accessibility | None |
| County | Mobile - AL |
| Property Type | Residential Income |
| Energy Efficient | None |
| Subdivision Name | Glendale Park |
| Status | Active |
| High School | Murphy |
| City | Mobile |
| Number Of Units Total | 10 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 10406.484 |
| Elementary School | Leinkauf |
| Tax Annual Amount | 928 |
| Middle/Junior High School | Calloway Smith |
| Standard Status | Active |
| Occupancy Type | Tenant |
Interior Features
| Air Conditioning Y/N | true |
|---|---|
| Heating Y/N | true |
| Window Features | None |
Exterior Features
| Fencing | None |
|---|---|
| Parking Features | Parking Lot,Paved |
| Lot Features | Corner Lot |
| Water Source | Public |
| Total Parking | 2 |
| Lot Size Area | 10406.484 |
| Lot Size Acres | 0.2389 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 36604
Price
Taxes
Year Built
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© 2026 Bayou MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of BMLS. Real estate listings held by IDX Brokerage firms other than Bayou Region Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed. Listing courtesy of Dream Home Realty Date last updated: September 22, 2026 4:05 AM UTC
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
