# 266 Rickarby Street, Mobile, AL 36606

> **TL;DR:** residential multi family, $600,000.
> View, Hardwood, A/C. Est. $2,600/mo. Listed 21 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $600,000 |
| Lot Size | 14,802 sqft (0.34 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 21 |

## Why This Home Stands Out

- **Views** - City
- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,600 |
| **Total** | **$2,600** |

## Nearby Schools

- **Elementary:** Leinkauf
- **Middle:** Lillie B Williamson
- **High:** Lillie B Williamson

## Key Amenities

- View
- Hardwood
- A/C

## Property Highlights

- 0.34 acre lot
- 2 stories
- 6 parking spaces

## Description

### Agent Description
Investor Alert!! Great investment opportunity in a convenient Midtown location! 266 Rickarby Street includes two separate 3-unit apartment buildings located at 264 and 266 Rickarby Street, situated just south of Government Street with easy access to major thoroughfares. The property features six fully occupied units, providing immediate rental income. The unit mix includes four 2-bedroom, 1-bath apartments and two 1-bedroom, 1-bath apartments. Each unit offers hardwood floors and window HVAC units for heating and cooling. The property is serviced by gas, electricity, city water, and city sewer. All apartments are currently leased, with rents ranging from $500 to $800 per month, and one unit participating in the Section 8 program. Located just off Government Street and close to the Loop, the property offers easy access to shopping, dining, and major routes throughout the city, and is just minutes from downtown Mobile. With two buildings, six fully leased units, and a strong rental location, this property presents a fantastic opportunity for investors seeking a stable, income-producing asset.

## Location

- **Address:** 266 Rickarby Street, Mobile, AL 36606
- **County:** Mobile - AL
- **Neighborhood:** Muth's
- **Coordinates:** 30.675578, -88.084096
- **Google Maps:** https://www.google.com/maps?q=30.675578,-88.084096

## Listing Agent

- **Name:** Melissa Morrissette
- **Brokerage:** L L B & B, Inc.
- **Phone:** 2517094736
- **Email:** mmorrissette@llbb.com

## Primary Photo

![266 Rickarby Street - Primary Photo](http://lh.rdcpix.com/814f66cb9c20ffe9d95989919f747de1l-f2308847528r.jpg)

*4 total photos available on [listing page](https://www.propertysimple.com/listing/266-rickarby-street-mobile-al-36606-7734201)*

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**MLS#:** 7734201 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Mobile Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/266-rickarby-street-mobile-al-36606-7734201)

---

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