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  • $490,000

    1551 Monterey Pl, Mobile, AL 36604

    6beds
    2,945sqft
    Triplex, Multi Family
    Built in 1925
    -- sqft lot
    $494,000 Zestimate®
    $166/sqft
    $1,627 Estimated rent

    Home value

    $494,000

    Estimated sales range

    Not available

    $1,627/mo

    Zestimate® history
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    What's special

    Ample natural light
    Opportunity Knocks not one, not two, but three times with this stunning historic Midtown Mobile Triplex. Situated on one of the most alluring streets, Monterey Place, this charming craftsman home will leave you starstruck. All three units have undergone extensive renovations and boast updated finishes throughout. The main home consists of two separate units. Each unit in the main house is a two bedroom one bath with spacious living areas and ample natural light. The detached carriage house apartment is also a two bedroom one bath unit that is situated at the rear of the property. All three units are fully occupied with tenants at this time. When it comes to location, Midtown is the place to be. 1551 Monterey Place is conveniently located to downtown, schools, shopping, I-10, I-65, the downtown Mobile Airport, and everything in-between. Speculate on properties that "could" be a good investment, or invest in an established income producer with a proven track record that cannot be denied. The choice is yours. Buyer or buyer's agent to verify all pertinent information. Buyer to verify all information during due diligence.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nathan Hughes PHONE:919-455-5933,

    JPAR Gulf Coast - Orange Beach

    Bought with:

    Non Member

    Source: Baldwin Realtors,MLS#: 379053MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bedrooms: 4
    Primary bedroom
    • Level: Main
    Bedroom 2
    • Level: Main
    Bedroom 3
    • Level: Main
    Bedroom 4
    • Level: Main
    Kitchen
    • Level: Main
    Heating
    • Central
    Cooling
    • Electric
    Appliances
    • Included: Electric Range
    Features
    • Flooring: Wood
    • Has basement: No
    • Number of fireplaces: 2
    Interior area
    • Total structure area: 2,945
    • Total interior livable area: 2,945 sqft

    Property

    Parking
    • Parking features: Detached
    Features
    • Levels: Two,One
    • Patio & porch: Front Porch
    • Has view: Yes
    • View description: None
    • Waterfront features: No Waterfront
    Lot
    • Size: 8,533 sqft
    • Dimensions: 53 x 161
    Details
    • Parcel number: 2907250007468XXX

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Wood Siding
    • Foundation: Pillar/Post/Pier
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Water: Public

    Community & neighborhood

    Community
    • Community features: None
    Location
    • Region: Mobile
    • Subdivision: Monterey Place

    HOA & financial

    HOA
    • Has HOA: No

    Other

    Other facts
    • Ownership: Whole/Full

    Price history

    DateEventPrice
    7/17/2025Sold$490,000+0.2%$166/sqft
    Source: Baldwin Realtors #379053 Report a problem
    5/21/2025Pending sale$489,000$166/sqft
    Source: Baldwin Realtors #379053 Report a problem
    5/12/2025Listed for sale$489,000+100.4%$166/sqft
    Source: Baldwin Realtors #379053 Report a problem
    7/9/2021Sold$244,000+105%$83/sqft
    Source: Public Record Report a problem
    6/9/2019Listing removed$675
    Source: Gulfbelt Properties Inc #626667 Report a problem
    5/15/2019Listed for rent$675-2.9%
    Source: Gulfbelt Properties Inc #626667 Report a problem
    8/15/2018Listing removed$695
    Source: Gulfbelt Properties Inc #616711 Report a problem
    7/14/2018Listed for rent$695+3%
    Source: Gulfbelt Properties Inc #616711 Report a problem
    4/15/2018Listing removed$675
    Source: Gulfbelt Properties Inc #612324 Report a problem
    3/24/2018Listed for rent$675
    Source: Gulfbelt Properties Inc #612324 Report a problem
    2/4/2004Sold$119,000$40/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,943 +6.3%$46,340 +6.3%
    2024$2,767 -11.6%$43,580 -11.6%
    2023$3,129 +3.2%$49,280 +3.2%
    2022$3,033 +50.2%$47,760 +50.2%
    2021$2,019 -7.9%$31,800 -7.9%
    2020$2,193 +26.4%$34,540 +26.4%
    2019$1,735 -2.3%$27,320
    2018$1,776 +2.4%$27,320
    2017$1,735 $27,320 -2.9%
    2016$1,735 -3.8%$28,140 +2.6%
    2013$1,803 $27,420

    Find assessor info on the county website

    Neighborhood: Hannon Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Leinkauf
    • Middle: Calloway Smith
    • High: Murphy

    Source: Baldwin Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $494,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $494,000