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  • $177,500

    512 Williams St, Mobile, AL 36606

    3beds
    982sqft
    Triplex
    Built in 1943
    -- sqft lot
    $133,600 Zestimate®
    $181/sqft
    $1,054 Estimated rent

    Home value

    $133,600

    $112,000 - $155,000

    $1,054/mo

    Zestimate® history
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    $1,054/mo

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    $1,054/mo

    Rent Zestimate®

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    $1,088/mo

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    $1,088/mo

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    What's special

    This income-generating gem features three rental units and delivers $2,195 in total monthly income from day one. The front house is a charming single-family home with recently refinished hardwood floors, neutral tones, and rent-ready condition—currently marketed at $1,095/month. Behind it, a fully occupied duplex provides steady rental income. One unit is leased at $595/month, while the other, occupied by a long-term tenant, is rented below market value at $500/month, offering potential for future rent increases.With long-term annual leases in place and professional management handling the details, this property is a hassle-free investment. Whether you're looking to expand your portfolio or secure your first rental property, this cash-flowing asset is a smart choice. Call or text today for more details!All measurements are approximate and not guaranteed, buyer to verify. Buyer to verify all information during due diligence.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rameh Dickens Khazen CELL:251-786-4673,

    Bellator Real Estate LLC Mobile

    Bought with:

    Rameh Dickens Khazen, 93507

    Bellator Real Estate LLC Mobile

    Source: Baldwin Realtors,MLS#: 376974MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Electric
    Appliances
    • Included: Other/See Remarks
    Features
    • Flooring: Wood
    • Has fireplace: No
    • Fireplace features: No Fireplace
    Interior area
    • Total interior livable area: 982 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: No Garage/Carport Parking
    Features
    • Stories: 1
    • Patio & porch: Patio, Front Porch
    • Pool features: None
    • Has view: Yes
    • View description: None/Not Applicable
    • Waterfront features: No Waterfront
    • Body of water: None
    Lot
    • Size: 0.26 Acres
    Details
    • Parcel number: 2910282002069.
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Single Story
    • Property subtype: Triplex
    Materials
    • Roof: Composition Shingle
    Condition
    • Resale
    • Year built: 1943

    Utilities & green energy

    • Water: Public
    • Utilities for property: Water City, Sewage City, Alabama Power

    Community & HOA

    Community
    • Features: More Than Two Pets Allowed
    • Subdivision: Bon Air Estates
    HOA
    • Has HOA: No
    Location
    • Region: Mobile

    Financial & listing details

    • Price per square foot: $181/sqft
    • Tax assessed value: $81,200
    • Annual tax amount: $1,031
    • Date on market: 4/2/2025
    • Ownership type: Whole Full

    Price history

    DateEventPrice
    3/5/2026Listing removed$995$1/sqft
    Source: Zillow Rentals Report a problem
    3/4/2026Listed for rent$995+11.2%$1/sqft
    Source: Zillow Rentals Report a problem
    7/25/2025Sold$177,500-9%$181/sqft
    Source: Baldwin Realtors #376974 Report a problem
    6/30/2025Pending sale$195,000$199/sqft
    Source: GCMLS #7554151 Report a problem
    6/6/2025Listing removed$895$1/sqft
    Source: Zillow Rentals Report a problem
    6/4/2025Listed for rent$895$1/sqft
    Source: Zillow Rentals Report a problem
    6/3/2025Listing removed$895$1/sqft
    Source: Zillow Rentals Report a problem
    4/14/2025Price change$895-18.3%$1/sqft
    Source: Zillow Rentals Report a problem
    4/4/2025Listed for sale$195,000+56%$199/sqft
    Source: Baldwin Realtors #376974 Report a problem
    3/25/2025Price change$1,095-15.4%$1/sqft
    Source: Zillow Rentals Report a problem
    2/28/2025Listed for rent$1,295+62.9%$1/sqft
    Source: Zillow Rentals Report a problem
    8/8/2023Sold$125,000+47.1%$127/sqft
    Source: Public Record Report a problem
    3/7/2023Listing removed--
    Source: Zillow Rentals Report a problem
    1/31/2023Listed for rent$795+33.6%$1/sqft
    Source: Zillow Rentals Report a problem
    9/10/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    8/10/2022Listed for rent$595$1/sqft
    Source: Zillow Rental Manager Report a problem
    12/10/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    10/26/2021Listed for rent$595-14.4%$1/sqft
    Source: Zillow Rental Manager Report a problem
    11/3/2020Sold$85,000$87/sqft
    Source: Public Record Report a problem
    9/8/2020Listing removed$695$1/sqft
    Source: Zillow Rental Manager Report a problem
    8/24/2020Listed for rent$695$1/sqft
    Source: Zillow Rental Manager Report a problem
    5/14/2020Sold$85,000-4.5%$87/sqft
    Source: Public Record Report a problem
    1/30/2020Listed for sale$89,000+33.8%$91/sqft
    Source: Roberts Brothers West #635984 Report a problem
    11/3/2017Sold$66,500-4.9%$68/sqft
    Source: Public Record Report a problem
    8/12/2016Listing removed$69,900+5.1%$71/sqft
    Source: BERKSHIRE HATHAWAY HOMESERVICES COOPER & CO. INC #526247 Report a problem
    6/9/2016Sold$66,500-4.9%$68/sqft
    Source: Public Record Report a problem
    11/25/2015Price change$69,900-4.1%$71/sqft
    Source: BERKSHIRE HATHAWAY HOMESERVICES COOPER & CO, INC. #523597 Report a problem
    8/13/2015Listed for sale$72,900+41.6%$74/sqft
    Source: BERKSHIRE HATHAWAY HOMESERVICES COOPER & CO, INC. #523597 Report a problem
    7/12/2001Sold$51,500$52/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,031 -8.5%$16,240 -8.5%
    2024$1,126 +3.6%$17,740 +3.6%
    2023$1,087 +3.5%$17,120 +3.5%
    2022$1,050 $16,540
    2021$1,050 +10.1%$16,540 +10.1%
    2020$954 +89.2%$15,020 +89.2%
    2019$504 -1.9%$7,940 -1.7%
    2018$514 +0.2%$8,080
    2017$513 $8,080 -2.9%
    2016$513 +6.6%$8,320 +17.5%
    2013$481 $7,080
    Find assessor info on the county website

    Neighborhood: Rickarby

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Leinkauf Elementary
    • Middle: Lillie B. Williamson Middle
    • High: Lillie B. Williamson High

    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
    $133,600
    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
    $133,600