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$179,900 Just Listed
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Property Description
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 (408492,408531,408533,408534,408538). Buyer to verify all information during the due diligence period. Buyer to verify all information during due diligence.
Full Property Details
Full Property Details for 1469 Mamie Dr
General
- Price: $179,900
- Taxes: $422
- Status: Active
- Type: Single Family
- Source: 934
- MLS ID: 408488
- Updated: 8/14/2026
- Added to Site: 2 day(s) ago
Interior
- Appliances: Cooktop, Refrigerator
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Shared Amenities: None
Parking
- Parking Features: Other/See Remarks
Location
- County: Mobile County
- Subdivision: Autumndale
- Driving Directions: From I-65 West on Moffett Rd, Right on Wilkins Rd, Right on Lydia Dr, Left on Mamie Dr, Home is on the Left.
School Information
- Elementary School: Forest Hill Elementary
- Middle School: C.L. Scarborough Middle
- High School: Mattie T. Blount High
Heating & Cooling
- Heating Type: Electric
Utilities
- Utility Description: Water City, Sewage City, Alabama Power
Structural Information
- Architectural Style: Traditional
- Roof: Composition Shingle
- Stories/Levels: 1
- Building Size: 1421
- Square Feet: 1,421
- Sq. Ft. Source: Tax Records
- Year Built: 1998
Lot Features
- Lot Features: Less Than 1 Acre
Water Features
- Water Front View: No Waterfront
Financial Considerations
- Assoc Fee Freq.: Monthly
- Tax Amount: $422
Disclosures and Reports
- Ownership: Whole Full
- Special Conditions: Other/See Remarks
- Legal Description: Lot 85 Autumndale Mbk 8/229 #Sec 1 T4s R2w #Mp28 01 01 4 000
- APN: 2801014000016XXX
- Block: Lot 85
Listed by Roberts Brothers West
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Schools
Schools serving 1469 Mamie Dr
School District:Mobile County School District
| Name | Grades | Distance |
|---|---|---|
Forest Hill Elementary School, Mobile, AL 4501 Moffett Road, Mobile, AL 36618 | PK-5 | 0.9 mi |
Cl Scarborough Middle School 1800 Phillips Lane, Mobile, AL 36618 | 6-8 | 0.8 mi |
Mattie T Blount High School 5450 Lott Road, Prichard, AL 36613 | 9-12 | 5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1469 Mamie Dr
Date
Details
Price
Change
Source
8/13/2026
Listed
$179,900
105.6%
MLS
1/31/2025
Sold
$87,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1469 Mamie Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$433
7%
$8,140
7%
2024
$403
4%
$7,610
1%
2023
$386
—
$7,500
2%
2022
$386
5%
$7,320
5%
2021
$366
—
$6,960
—
2020
$365
6%
$6,930
3%
2019
$344
-3%
$6,760
-2%
2018
$353
2%
$6,920
2%
2017
$345
-25%
$6,780
-23%
2016
$458
13%
$8,760
12%
2015
$404
-1%
$7,800
-1%
2014
$408
-2%
$7,880
-2%
2013
$417
—
$8,040
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1469 Mamie Dr
1469 Mamie Dr, Mobile, AL 36618 (MLS# 408488) is a Single Family property with 4 bedrooms and 2 full bathrooms. 1469 Mamie Dr is currently listed for $179,900 and was received on August 13, 2026. Want to learn more about 1469 Mamie Dr? Do you have questions about finding other Single Family real estate for sale in Mobile? You can browse all Mobile real estate or contact a Coldwell Banker agent to request more information.

