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$715,000

  • For Sale
  • Active
  • Multi-Family
  • 0.46 Acres
See This Home
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See This Home
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Updated and stabilized, ten unit apartment complex in Midtown Mobile! Updated roof, fresh interior and new lighting. All with neutral colored paint, and vinyl plank floors. The kitchens are updated with white cabinets and countertops. Seven units are studio apartments, two units are two bedrooms, and one unit is a three bedroom. Out of the ten units, eight are currently long term tenants with one year leases, two units are being utilized as short term rentals. The short term rental units are generating approx $1200 per month, per unit. The rents on the long term units vary by unit. Rent rolls available by request. Property is near full occupancy and generates around $8500 gross per month on average. This area has seen great improvement and has excellent future appreciation potential. Located less than half a mile from Downtown Mobile, close to interstate access and not far from Mardi Gras parade routes. Roofs, plumbing, and electrical updates are approximately 8 years old. Call for more information. The year built is UNKNOWN. All improvements per seller. Buyer to verify all information during due diligence.

Full Property Details for 302 Michigan Ave

General

  • Price: $715,000
  • Taxes: $928
  • Status: Active
  • Type: Multi-Family
  • Source: 934
  • MLS ID: 391577
  • Updated: 2/10/2026
  • Added to Site: 54 day(s) ago

Interior

  • Interior Features: Other Rooms (See Remarks), Ceiling Fan(s)
  • Fireplace(s): None
  • Appliances: Dishwasher, Microwave, Gas Range, Refrigerator
  • Flooring: Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 10
  • Full Bathrooms: 10

Bedrooms

  • Total Bedrooms: 10
  • Primary Bedroom: Other - See Remarks

Other Rooms

  • Dining Room: See Remarks

Additional Information

  • Shared Amenities: None

Parking

  • Parking Features: None

Location

  • Area: Mobile County
  • County: Mobile
  • Subdivision: Glendale Park
  • Cross Streets: Government
  • Driving Directions: From Downtown and headed West, make a left onto Michigan Avenue. Property is located on the right.

School Information

  • Elementary School: Leinkauf
  • Middle School: Calloway Smith
  • High School: Murphy

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Electric (Cool), Ceiling Fan(s)

Utilities

  • Gas: Mobile Gas
  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Property Detached: Yes
  • Exterior Const.: Asbestos, Brick, Wood Siding, Wood Frame
  • Roof: Composition
  • Building Size: 3544
  • Square Feet: 3,544
  • Sq. Ft. Source: Seller
  • Property Condition: Resale

Lot Features

  • Property View: None/Not Applicable
  • Lot Size (Acres): 0.46
  • Lot Size (Sq. Ft.): 20,037.6
  • Lot Dimensions: 100 x 200
  • Lot Features: Less than 1 acre
  • Zoning: 2+ Family Residence

Water Features

  • Water Front View: No Waterfront

Financial Considerations

  • Tax Amount: $928

Disclosures and Reports

  • Ownership: Whole/Full
  • Property ID: 2910223003057XXX
  • Block: OF
  • Lot Number: OF

Listed by Bellator Real Estate LLC Mobil

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Listing agent

— 302 Michigan Ave —

  • Bellator Real Estate LLC Mobil

CELL: 251-786-4673

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 302 Michigan Ave

School District:Mobile County School District
NameGradesDistance
Leinkauf Elementary School
1410 Monroe Street, Mobile, AL 36604
PK-50.1 mi
Calloway Smith Middle School
350 North Lawrence Street, Mobile, AL 36603
6-81.7 mi
Murphy High School
100 South Carlen Street, Mobile, AL 36606
9-121 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 302 Michigan Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/09/2026
Listed
$715,000
23.28%
MLS
10/03/2024
Sold
$580,000
—
Public Record
Get Price Alerts and Save Property
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 for 302 Michigan Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$980
—
$14,620
—
2024
$980
5%
$14,620
6%
2023
$930
104%
$13,820
96%
2022
$457
—
$7,040
—
2021
$457
25%
$7,040
26%
2020
$366
1%
$5,600
-1%
2019
$361
6%
$5,680
6%
2018
$340
—
$5,360
—
2017
$340
2%
$5,360
2%
2016
$334
-10%
$5,260
-10%
2015
$370
-2%
$5,820
-2%
2014
$376
-2%
$5,920
-2%
2013
$384
—
$6,040
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Bellator Real Estate LLC Mobil

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302 Michigan Avenue, Mobile, AL 36604 (MLS# 391577) is a Multi-Family property with units containing 10 bedrooms and 10 full bathrooms. 302 Michigan Avenue is currently listed for $715,000 and was received on February 09, 2026. Want to learn more about 302 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.

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