5 N Fulton St Mobile, AL 36607
Property details
About 5 N Fulton St
Located near the heart of Downtown Mobile, this exceptional portfolio offers 10 fully rented units, including a triplex, three duplexes, and a single apartment. Currently rented below market value, this property presents a lucrative opportunity for increased revenue as leases renew. Recent updates by the seller, including electrical, plumbing and HVAC systems, provide peace of mind for investors looking for a turnkey opportunity. This property’s prime location is a significant draw for tenants and investors alike. Residents enjoy easy access to thriving dining scenes, entertainment venues, and the historic charm of the Oakleigh Historic District. The property is also close to Ladd-Peebles Stadium, Bel Air Mall, and the famous Mobile Mardi Gras parade routes. For those seeking outdoor activities, Bienville Square and the Mobile Bay waterfront are just a short drive away. Additionally, the property is well-connected to major roadways, including I-65 and I-10, making it a convenient choice for commuters. Tenants pay all utilities except for landscaping, keeping operating expenses low and maximizing returns. Whether you're a seasoned investor or looking to expand your portfolio, this cash-flowing asset in one of Mobile's most popular areas is a rare find. Don’t miss out—schedule your showing today and capitalize on this growth opportunity! Proof of funds must be submitted prior to showings. Owner financing options are available. Buyer and Buyer's Agent to verify all information. Buyer to verify all information during due diligence.
Highlights
(Active Under Contract)
Summary
- MLS Number: 372888
- MLS Name: Baldwin County
- Office Name: Goode Realty, LLC
- Office Phone: (251) 981-2929
- Office Email: asa@Asagoode.com
- Listing Agent: Taylor Pettway
Listing information Copyright © 2025 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$900,000
5 N Fulton St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 12, 2021 | Home Sold | $320,000 |
| Jul 01, 2019 | Home Sold | $305,000 |
| Apr 25, 2019 | Home Sold | $81,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $65,180 | $4,260 |
| 2022 | $64,420 | $4,100 |
| 2021 | $64,420 | $4,100 |
| 2019 | $63,180 | $4,011 |
| 2018 | $63,180 | $4,011 |
| 2017 | $62,540 | $3,971 |
History based on county public records data.
Nearby schools
6
Leinkauf Elementary School
Public District PK-5
1.2 mi
•1410 Monroe St
4
Hall Elementary School
Public District PK-5
1.6 mi
•1108 Antwerp St
2
Holloway Elementary School
Public District KG-5
1.7 mi
•625 Stanton Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $73,375. Typical income of Mobile, AL residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hiking/backpacking
Symphony or Opera
PGA/LPGA
Where do the neighbors shop?
Nordstrom Rack
Chico's
Stein Mart
Where do the neighbors go to eat?
Chipotle
Boston Market
Bonefish Grill
What do the neighbors drive?
Mazda
Volvo
Lincoln
What do the neighbors listen to?
Rock
Talk/Personality
Classical
Frequently asked questions
About 5 N Fulton St
This home is located at 5 N Fulton St in Mobile, AL and zip code 36607 in the Park Place neighborhood. This 8,000 square foot home, which was built in 1986, sits on a 0.56 acre lot. Features: 15 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since January 17, 2025 and is currently priced at $900,000.
Over 8 listings were sold over their listed price in February 2025 in Mobile, AL. In the same period over 30 listings were sold below the listed price and 9 listings were sold for the listed price. The inventory of homes for sale in Mobile, AL between January and February 2025 increased by 29.5%.