About This Home
This 0-bedroom, 0-bathroom multi-family at 1010 Dauphin Street in Mobile, AL is listed for $510,000. Built in 1915, on a 0.18 acres lot.
Key Features
- Built in 1915
- 0.18 acre lot
- 2 stories
- 4 parking spaces
Property Details
Amenities
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.
Monthly Cost Estimate
$2,728/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1010 Dauphin Street
Mobile, AL 36604
Daughdrill & Kennedy
Property Details
Flooring
Construction
Views
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 1010 Dauphin Street is listed at $510,000. The estimated monthly payment is $2,728 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1915, 0.18 acre lot, 2 stories, 4 parking spaces.
This property is listed by Ryann Lee and can be reached at 2516356984.