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.
Closed
$177,500
512 Williams St, Mobile, AL 36606
3beds
982sqft
Triplex, Multi Family
Built in 1943
-- sqft lot
$128,100 Zestimate®
$181/sqft
$1,174 Estimated rent
Home value
$128,100
$106,000 - $150,000
$1,174/mo
Zestimate® history
Owner options
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$1,174/mo
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$1,174/mo
Rent Zestimate®
Refinance and save
$1,092/mo
Est. payment
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$1,092/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Rameh Khazen CELL:251-786-4673,
Bellator Real Estate LLC Mobil
Bought with:
Rameh Khazen
Bellator Real Estate LLC Mobil
Source: Baldwin Realtors,MLS#: 376974
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Features: 1st Floor Primary
- Level: Main
- Area: 110
- Dimensions: 11 x 10
Bedroom 2
- Level: Main
- Area: 91.08
- Dimensions: 9.2 x 9.9
Bedroom 3
- Level: Main
- Area: 105
- Dimensions: 10.5 x 10
Dining room
- Features: Breakfast Room
- Level: Main
- Area: 64
- Dimensions: 8 x 8
Kitchen
- Level: Main
- Area: 95
- Dimensions: 10 x 9.5
Living room
- Level: Main
- Area: 136
- Dimensions: 10 x 13.6
Heating
- Electric
Appliances
- Included: Other
Features
- Flooring: Wood
- Has basement: No
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 982
- Total interior livable area: 982 sqft
Property
Parking
- Total spaces: 3
- Parking features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Front Porch
- Has view: Yes
- View description: None
- Waterfront features: No Waterfront
Lot
- Size: 0.26 Acres
- Dimensions: 76 x 150 x 77 x 150
Details
- Parcel number: 2910282002069.
- Zoning description: 2+ Family Residence
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Asbestos, Frame
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1943
Utilities & green energy
- Electric: Alabama Power
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: None
Community & neighborhood
Community
- Community features: None
Location
- Region: Mobile
- Subdivision: Bon Air Estates
Other
Other facts
- Price range: $177.5K - $177.5K
- Ownership: Whole/Full
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2026 | Listing removed | $995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/4/2026 | Listed for rent | $995+11.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/25/2025 | Sold | $177,500-9%$181/sqft |
Source:  Baldwin Realtors #376974 Report a problem | ||
| 6/30/2025 | Pending sale | $195,000$199/sqft |
Source:  GCMLS #7554151 Report a problem | ||
| 6/6/2025 | Listing removed | $895$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/4/2025 | Listed for rent | $895$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/3/2025 | Listing removed | $895$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/14/2025 | Price change | $895-18.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/4/2025 | Listed for sale | $195,000+56%$199/sqft |
Source: Baldwin Realtors #376974 Report a problem | ||
| 3/25/2025 | Price change | $1,095-15.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/28/2025 | Listed for rent | $1,295+62.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/8/2023 | Sold | $125,000+47.1%$127/sqft |
Source: Public Record Report a problem | ||
| 3/7/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/31/2023 | Listed for rent | $795+33.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/10/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/10/2022 | Listed for rent | $595$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/10/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/26/2021 | Listed for rent | $595-14.4%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 11/3/2020 | Sold | $85,000$87/sqft |
Source: Public Record Report a problem | ||
| 9/8/2020 | Listing removed | $695$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/24/2020 | Listed for rent | $695$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 5/14/2020 | Sold | $85,000-4.5%$87/sqft |
Source: Public Record Report a problem | ||
| 1/30/2020 | Listed for sale | $89,000+33.8%$91/sqft |
Source: Roberts Brothers West #635984 Report a problem | ||
| 11/3/2017 | Sold | $66,500$68/sqft |
Source: Public Record Report a problem | ||
| 6/9/2016 | Sold | $66,500-4.9%$68/sqft |
Source: Public Record Report a problem | ||
| 11/25/2015 | Price change | $69,900-4.1%$71/sqft |
Source: BERKSHIRE HATHAWAY HOMESERVICES COOPER & CO, INC. #523597 Report a problem | ||
| 8/13/2015 | Listed for sale | $72,900+41.6%$74/sqft |
Source: BERKSHIRE HATHAWAY HOMESERVICES COOPER & CO, INC. #523597 Report a problem | ||
| 7/12/2001 | Sold | $51,500$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
- 7/10Leinkauf Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 1/10Lillie B Williamson High SchoolGrades: 6-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Leinkauf
- Middle: Lillie B Williamson
- High: Lillie B Williamson
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
$128,100
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
$128,100
- Alabama
- Mobile County
- Mobile
- 36606
- Rickarby
- 512 Williams St
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