Opportunity Knocks not one, not two, but three times with this stunning historic Midtown Mobile Triplex. Situated on one of the most alluring streets, Monterey Place, this charming craftsman home will leave you starstruck. All three units have undergone extensive renovations and boast updated finishes throughout. The main home consists of two separate units. Each unit in the main house is a two bedroom one bath with spacious living areas and ample natural light. The detached carriage house apartment is also a two bedroom one bath unit that is situated at the rear of the property. All three units are fully occupied with tenants at this time. When it comes to location, Midtown is the place to be. 1551 Monterey Place is conveniently located to downtown, schools, shopping, I-10, I-65, the downtown Mobile Airport, and everything in-between. Speculate on properties that "could" be a good investment, or invest in an established income producer with a proven track record that cannot be denied. The choice is yours. Buyer or buyer's agent to verify all pertinent information. Buyer to verify all information during due diligence.
Closed
$490,000
1551 Monterey Pl, Mobile, AL 36604
6beds
2,945sqft
Triplex, Multi Family
Built in 1925
-- sqft lot
$500,900 Zestimate®
$166/sqft
$1,670 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 17, 2025 at 08:49am
Listed by:
Nathan Hughes PHONE:919-455-5933,
JPAR Gulf Coast - Orange Beach
Bought with:
Non Member
Source: Baldwin Realtors,MLS#: 379053
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 4
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Bedroom 4
- Level: Main
Kitchen
- Level: Main
Heating
- Central
Cooling
- Electric
Appliances
- Included: Electric Range
Features
- Flooring: Wood
- Has basement: No
- Number of fireplaces: 2
Interior area
- Total structure area: 2,945
- Total interior livable area: 2,945 sqft
Property
Parking
- Parking features: Detached
Features
- Levels: Two,One
- Patio & porch: Front Porch
- Has view: Yes
- View description: None
- Waterfront features: No Waterfront
Lot
- Size: 8,533 sqft
- Dimensions: 53 x 161
Details
- Parcel number: 2907250007468XXX
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Wood Siding
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1925
Utilities & green energy
- Water: Public
Community & neighborhood
Community
- Community features: None
Location
- Region: Mobile
- Subdivision: Monterey Place
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Ownership: Whole/Full
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$500,900
2% more+$10,018
With Zillow Showcase(estimated)$510,918