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$435,000
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Property Description
Six unit apartment building currently generating over $5,500 per month in gross rent. This building is composed of five long term rental units, and one short term rental unit. Building has been partially renovated with room to update some units and increase rents. This building is located on Michigan Avenue, which will be the corridor to both the interstate for Midtown and the route to the new Mobile International Airport. Currently under professional management great for out of town buyers. This building will generate income from closing day forward. Just a few of the updates done over the last few years include three updated mini split air conditioners, main panel upgrade in 2022, and a partial replumb including sewer lines. This included the majority of plumbing fixtures as well. An exterior paint job and landscaping was also done approx 2023. Building is comprised of four, one bed, one bath units, and two studios. Call for more information today. Buyer to verify all information during due diligence.
Full Property Details
Full Property Details for 207 Michigan Ave
General
- Price: $435,000
- Taxes: $3,053
- Status: Active
- Type: Multi-Family
- Source: 934
- MLS ID: 394407
- Updated: 7/30/2026
- Added to Site: 149 day(s) ago
Interior
- Fireplace(s): No Fireplace
- Appliances: Other/See Remarks
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Primary Bathroom: OtherSeeRemarks
Bedrooms
- Total Bedrooms: 6
Additional Information
- Shared Amenities: None
Parking
- Parking Features: Other/See Remarks
Location
- Area: Mobile
- County: Mobile County
- Subdivision: Glendale Park
- Cross Streets: Government Street
- Driving Directions: From Government St, headed East, make a right onto Michigan Avenue and property will be on your left.
School Information
- Elementary School: Leinkauf Elementary
- Middle School: Calloway Smith Middle
- High School: Murphy High
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
Utilities
- Utility Description: Water City, Sewage City, Alabama Power
Structural Information
- Architectural Style: Multi Story
- Roof: Other/See Remarks
- Stories/Levels: 2
- Building Size: 5911
- Square Feet: 5,911
- Sq. Ft. Source: Tax Records
- Year Built: 1977
Lot Features
- Property View: None/Not Applicable
- Lot Size (Acres): 0.13
- Fence: Yes
- Fencing (Description): Fenced
Water Features
- Water Front View: No Waterfront
Financial Considerations
- Tax Amount: $3,053
Disclosures and Reports
- Ownership: Whole Full
- Legal Description: PART OF LOT 2 SQ 2 GLENDALE PARK DBK 61 NS P 316 DESC AS BEG AT PT ON E/S OF MICHIGAN AVE 103 FT 3 IN FROM NE COR OF INTERSECT OF MICHIGAN AVE & ELMIRA ST TH RUN NLY ON E/S OF MICHIGAN AVE 50 FT FOR FRONT OF SD LOT TH ELY & PAR TO ELMIRA ST 120 FT TO AN ALLEY IN THE REAR OF SD LOT TH SLY & PAR
- APN: 29-10-22-3-003-028.
- Block: 2
Listed by Bellator Real Estate LLC Mobile
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Schools
Schools serving 207 Michigan Ave
School District:Mobile County School District
| Name | Grades | Distance |
|---|---|---|
Leinkauf Elementary School 1410 Monroe Street, Mobile, AL 36604 | PK-5 | 0.1 mi |
Calloway Smith Middle School 350 North Lawrence Street, Mobile, AL 36603 | 6-8 | 1.6 mi |
Murphy High School 100 South Carlen Street, Mobile, AL 36606 | 9-12 | 1.1 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 207 Michigan Ave
Date
Details
Price
Change
Source
7/19/2026
Price Reduced
$435,000
-2.25%
MLS
6/04/2026
Price Reduced
$445,000
-6.32%
MLS
4/01/2026
Listed
$475,000
97.51%
MLS
6/14/2022
Sold
$240,500
—
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 207 Michigan Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,083
-3%
$48,080
-3%
2024
$3,177
4%
$49,560
4%
2023
$3,057
79%
$47,680
78%
2022
$1,712
—
$26,800
—
2021
$1,712
1%
$26,800
1%
2020
$1,695
12%
$26,540
11%
2019
$1,519
1%
$23,920
1%
2018
$1,501
—
$23,640
—
2017
$1,501
-4%
$23,640
-4%
2016
$1,561
23%
$24,580
23%
2015
$1,270
-4%
$20,000
-4%
2014
$1,321
-5%
$20,800
-5%
2013
$1,394
—
$21,960
—
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 207 Michigan Ave
207 Michigan Avenue, Mobile, AL 36604 (MLS# 394407) is a Multi-Family property with units containing 6 bedrooms and 3 full bathrooms. 207 Michigan Avenue is currently listed for $435,000 and was received on April 01, 2026. Want to learn more about 207 Michigan Avenue? Do you have questions about finding other Multi-Family real estate for sale in Mobile? You can browse all Mobile real estate or contact a Coldwell Banker agent to request more information.

