Investor Alert! Opportunity knocks at 565 Cedar Avenue in 36603 - a large lot property just minutes from downtown Mobile. Sold as is, this home is ready for the right buyer to unlock its true potential. Why this property is a rare find: Huge land upside - the lot size gives flexibility for rebuilds, additions or even subdivision (subject to zoning) in one of Mobile's most central areas. Proximity to downtown + River Walk Plaza project - major investments are being made to activate the downtown waterfront with mixed-use retail, residential, hospitality, and lifestyle amenities. Infrastructure & revitalization underway - downtown streets like St. Louis are being upgraded with new lighting, sidewalks, street beautification, ADA improvements and better drainage. Full momentum is building for growth. Strong rental /redevelopment demand - Mobile's market shows steady appreciation, growing demand, especially for affordable housing and working-class renters. Lower acquisition cost + high demand = strong cash-flow potential. City programs targeting blight & vacant properties - there are local initiatives (like the Neighborhood Renewal Program) aimed at improving titled & tax-delinquent properties. Investors who rehab could benefit from these incentives. Please note: there's been evidence of past squatters (none now), so use caution when viewing. Don't miss this chance to get in early, roll up your sleeves, and create substantial value. Whether you rebuild, renovate, rent, or flip, 565 Cedar Avenue offers the blank slate to make a profitable play. Call today to schedule a showing! No sign on property - please reference address. Buyer responsible for verifying all measurements and relevant details. 2026-02-20
Sold for $35,000
$35,000
565 Cedar Ave, Mobile, AL 36603
2beds
1,032sqft
Single Family Residence
Built in 1935
4,116 Square Feet Lot
$35,200 Zestimate®
$34/sqft
$1,075 Estimated rent
Home value
$35,200
$32,000 - $38,000
$1,075/mo
Zestimate® history
Owner options
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$1,075/mo
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$163/mo
Est. payment
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$163/mo
Est. payment
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Zillow last checked:
Source: Roberts Brothers,MLS#: 7657176
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Has basement: No
- Has fireplace: Yes
Interior area
- Total structure area: 1,032
- Total interior livable area: 1,032 sqft
Property
Parking
- Parking features: Carport
- Has carport: Yes
Lot
- Size: 4,116 Square Feet
Details
- Parcel number: R022906130003121
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl
Condition
- Year built: 1935
Community & HOA
Community
- Subdivision: Wolff Heights
Location
- Region: Mobile
Financial & listing details
- Price per square foot: $34/sqft
- Tax assessed value: $22,000
- Annual tax amount: $279
- Date on market: 10/1/2025
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Sold | $35,000+59.1%$34/sqft |
Source: Public Record Report a problem | ||
| 12/29/2025 | Pending sale | $22,000$21/sqft |
Source: | ||
| 10/1/2025 | Listed for sale | $22,000+46.7%$21/sqft |
Source: | ||
| 8/8/2025 | Listing removed | $15,000$15/sqft |
Source: | ||
| 8/5/2025 | Price change | $15,000-25%$15/sqft |
Source: | ||
| 7/23/2025 | Price change | $20,000-18.4%$19/sqft |
Source: | ||
| 7/9/2025 | Price change | $24,500-14%$24/sqft |
Source: | ||
| 6/24/2025 | Price change | $28,500-5%$28/sqft |
Source: | ||
| 6/16/2025 | Listed for sale | $30,000+50.8%$29/sqft |
Source: | ||
| 12/7/2021 | Listing removed | -- |
Source: | ||
| 12/3/2021 | Listed for sale | $19,900$19/sqft |
Source: | ||
| 10/18/2021 | Listing removed | -- |
Source: | ||
| 9/23/2021 | Listed for sale | $19,900$19/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $279 +6.8% | $4,400 +6.8% |
| 2024 | $262 +18.4% | $4,120 +18.4% |
| 2023 | $221 | $3,480 |
| 2022 | $221 +3.6% | $3,480 +3.6% |
| 2021 | $213 | $3,360 |
| 2020 | $213 +5% | $3,360 +5% |
| 2019 | $203 -4.7% | $3,200 -30.7% |
| 2018 | $213 -27.3% | $4,620 |
| 2017 | $293 | $4,620 +35.9% |
| 2016 | $293 +30.5% | $3,400 |
| 2013 | $225 +249.9% | $3,400 +93.2% |
| 2010 | $64 +11.4% | $1,760 +11.4% |
| 2003 | $58 | $1,580 |
| 2002 | $58 -6% | $1,580 -6% |
| 2001 | $61 +49% | $1,680 |
| 2000 | $41 | $1,680 |
Find assessor info on the county website
Neighborhood: Fisher
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Nearby schools
GreatSchools rating
- 7/10Florence Howard Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10Calloway Smith Middle SchoolGrades: 6-8Distance: 1.1 mi
- 2/10John L Leflore Preparatory AcademyGrades: 9-12Distance: 1.4 mi
- Alabama
- Mobile County
- Mobile
- 36603
- Fisher
- 565 Cedar Ave