his property is offered as part of a five-property investment portfolio and is not available for individual purchase. The listing price represents the combined purchase price for all five properties, making this an exceptional opportunity for investors seeking a stabilized, income-producing portfolio in Mobile, Alabama. This tenant-occupied home currently generates $795 per month in rental income, providing immediate cash flow for the new owner. Please allow a minimum of 48 hours' notice for all showing requests. The investment portfolio also includes: 2995 Barlett Dr., Mobile, AL 36608 (MLS# 7812831) 51 Macks St., Mobile, AL 36607 (MLS# 7812842) 65 Lefevre St., Mobile, AL 36607 (MLS# 7812839) 1512 Canal Rd., Mobile, AL 36605 (MLS# 7812835) All five properties must be purchased together as a single investment package and will not be sold separately. With established rental income and diversified locations throughout Mobile, this portfolio offers an excellent opportunity for investors seeking immediate cash flow and long-term appreciation.
Pending
Price cut: $15K (7/23)
$365,000
903 Fairmont St, Mobile, AL 36606
2beds
954sqft
Single Family Residence, Residential
Built in ----
7,457 Square Feet Lot
$-- Zestimate®
$383/sqft
$-- HOA
What's special
- 31 days
- 23
- 0
Zillow last checked:
Listing updated:
Listed by:
Melissa Babcock 251-709-3541,
Keller Williams Mobile
Source: GCMLS,MLS#: 7812837
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Range, Microwave, Refrigerator
- Laundry: None
Features
- Other
- Flooring: Laminate
- Windows: None
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 954
- Total interior livable area: 954 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: One
- Patio & porch: None
- Exterior features: None
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Other
- Waterfront features: None
Lot
- Size: 7,457 Square Feet
- Features: Back Yard
Details
- Additional structures: None
- Parcel number: 2909510007045
- Special conditions: Investor Owned
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence, Residential
Materials
- Wood Siding
- Foundation: Pillar/Post/Pier
- Roof: Shingle
Utilities & green energy
- Electric: None
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available
Green energy
- Energy efficient items: None
Community & HOA
Community
- Features: None
- Subdivision: Fairmont
Location
- Region: Mobile
Financial & listing details
- Price per square foot: $383/sqft
- Tax assessed value: $54,000
- Annual tax amount: $648
- Date on market: 7/30/2026
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Pending sale | $365,000$383/sqft |
Source:  GCMLS #7812837 Report a problem | ||
| 7/23/2026 | Price change | $365,000-3.9%$383/sqft |
Source: GCMLS #7678080 Report a problem | ||
| 5/31/2026 | Price change | $380,000-4.8%$398/sqft |
Source: GCMLS #7678080 Report a problem | ||
| 4/11/2026 | Price change | $399,000-6.1%$418/sqft |
Source: GCMLS #7678080 Report a problem | ||
| 1/17/2026 | Price change | $425,000-5.6%$445/sqft |
Source: GCMLS #7678080 Report a problem | ||
| 12/9/2025 | Listed for sale | $450,000$472/sqft |
Source: GCMLS #7678080 Report a problem | ||
| 12/8/2025 | Pending sale | $450,000$472/sqft |
Source: GCMLS #7678080 Report a problem | ||
| 11/8/2025 | Listed for sale | $450,000+631.7%$472/sqft |
Source: GCMLS #7678080 Report a problem | ||
| 5/30/2019 | Sold | $61,500+75.7%$64/sqft |
Source: Public Record Report a problem | ||
| 12/27/2018 | Listed for sale | $35,000-12.5%$37/sqft |
Source: Roberts Brothers Trec #621677 Report a problem | ||
| 7/7/2018 | Listing removed | $650$1/sqft |
Source: Reeves Realty, Inc. Report a problem | ||
| 6/14/2018 | Listed for rent | $650$1/sqft |
Source: Reeves Realty, Inc. Report a problem | ||
| 11/12/2013 | Sold | $40,000$42/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $686 +5.9% | $10,800 +5.9% |
| 2024 | $648 +8.3% | $10,200 +8.3% |
| 2023 | $598 +3.3% | $9,420 +3.3% |
| 2022 | $579 | $9,120 |
| 2021 | $579 | $9,120 |
| 2020 | $579 +2.7% | $9,120 +2.7% |
| 2019 | $564 -1.7% | $8,880 -19.6% |
| 2018 | $574 -18.1% | $11,040 |
| 2017 | $701 | $11,040 -2% |
| 2016 | $701 -12.7% | $11,260 -9.2% |
| 2013 | $803 | $12,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Woodlawn
Nearby schools
Schools provided by the listing agent
- Elementary: Maryvale
- Middle: Lillie B Williamson
- High: Lillie B Williamson
Source: GCMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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