Great Investment Opportunity – Quadplex in Prime Midtown Location! This well-maintained quadplex located at 124 Florida St. offers four recently updated 2-bedroom, 1-bath units in the heart of Midtown — a high-demand rental area known for its charm and convenience. Each unit features hardwood floors w/ tile in the kitchen and bathrooms. They each have spacious living rooms w/ separate dining area. This complex has a nice size parking lot allowing for plenty of parking and also each unit has its very own covered carport. There is also a laundry facility on site that could allow for extra income. This property has been well maintained featuring brick exterior, a common area screened in porch, and a new roof (2024). Each unit has front and rear access through two common area staircases. Whether you're expanding your portfolio or seeking steady rental income, this property is turnkey and ready to generate cash flow. Don’t miss this rare opportunity to own a solid asset in a thriving location!
Active
$372,000
124 S Florida St, Mobile, AL 36606
--beds
0baths
--sqft
Est.:
Quadruplex, Multi Family
Built in ----
-- sqft lot
$362,800 Zestimate®
$--/sqft
$-- HOA
What's special
New roofBrick exteriorSeparate dining areaNice size parking lotFront and rear accessHardwood floorsCovered carport
- 11 days
- on Zillow |
- 468 |
- 37 |
Zillow last checked: 7 hours ago
Listing updated: July 15, 2025 at 11:20am
Listed by:
John Napper 251-694-1999,
Gulfbelt Properties Inc
Source: GCMLS,MLS#: 7614141

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Features
- Flooring: Hardwood
- Windows: None
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Carport, Detached
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Fencing: Back Yard
- Has view: Yes
- View description: Other
- Waterfront features: None
Lot
- Size: 0.35 Acres
- Features: Other
Details
- Parcel number: 2907230007003
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Roof: Shingle
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available
Green energy
- Energy efficient items: None
Community & HOA
Community
- Features: None
- Subdivision: Florida Heights
Location
- Region: Mobile
Financial & listing details
- Tax assessed value: $192,500
- Annual tax amount: $2,445
- Date on market: 7/11/2025
- Electric utility on property: Yes
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