# 302 Michigan Avenue, Mobile, AL 36604

> **TL;DR:** residential multi family, $715,000.
> Hardwood, A/C. Est. $3,098/mo. Listed 60 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $715,000 |
| Lot Size | 10,406 sqft (0.24 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 60 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,098 |
| **Total** | **$3,098** |

## Nearby Schools

- **Elementary:** Leinkauf
- **Middle:** Calloway Smith
- **High:** Murphy

## Key Amenities

- Hardwood
- A/C

## Property Highlights

- 0.24 acre lot
- 2 stories

## Description

### Agent Description
Updated and stabilized, ten unit apartment complex in Midtown Mobile! Updated roof, fresh interior and new lighting. All with neutral colored paint, and vinyl plank floors. The kitchens are updated with white cabinets and countertops. Seven units are studio apartments, two units are two bedrooms, and one unit is a three bedroom. Out of the ten units, eight are currently long term tenants with one year leases, two units are being utilized as short term rentals. The short term rental units are generating approx $1200 per month, per unit. The rents on the long term units vary by unit. Rent rolls available by request. Property is near full occupancy and generates around $8500 gross per month on average. This area has seen great improvement and has excellent future appreciation potential. Located less than half a mile from Downtown Mobile, close to interstate access and not far from Mardi Gras parade routes. Roofs, plumbing, and electrical updates are approximately 8 years old. Call for more information. All measurements are approximate and not guaranteed, buyer to verify.

## Location

- **Address:** 302 Michigan Avenue, Mobile, AL 36604
- **County:** Mobile - AL
- **Neighborhood:** Glendale Park
- **Coordinates:** 30.678676, -88.068351
- **Google Maps:** https://www.google.com/maps?q=30.678676,-88.068351

## Listing Agent

- **Name:** Rameh Dickens Khazen
- **Brokerage:** Bellator Real Estate LLC Mobile
- **Phone:** 2517864673
- **Email:** rkhazen@gobellator.com

## Primary Photo

![302 Michigan Avenue - Primary Photo](http://lh.rdcpix.com/20f8dc69a60d00de88e0921c501b0d02l-f3408317955r.jpg)

*57 total photos available on [listing page](https://www.propertysimple.com/listing/302-michigan-avenue-mobile-al-36604-7716480)*

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**MLS#:** 7716480 | **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/302-michigan-avenue-mobile-al-36604-7716480)

---

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