$3,503 Closing Credit¹
#375665, Stephany Hernandez, Listing Office: Wellhouse Real Estate West, LL
$195,000 List price
512 Williams St Mobile, AL 36606
$2,316
Closing credit¹
3 beds
1 full
982 sqft
0.3 acres
$199 / sqft
Multi-Family
Property details
About 512 Williams St
This income-generating gem features three rental units and delivers $2,195 in total monthly income from day one. The front house is a charming single-family home with recently refinished hardwood floors, neutral tones, and rent-ready condition—currently marketed at $1,095/month. Behind it, a fully occupied duplex provides steady rental income. One unit is leased at $595/month, while the other, occupied by a long-term tenant, is rented below market value at $500/month, offering potential for future rent increases.With long-term annual leases in place and professional management handling the details, this property is a hassle-free investment. Whether you're looking to expand your portfolio or secure your first rental property, this cash-flowing asset is a smart choice. Call or text today for more details!All measurements are approximate and not guaranteed, buyer to verify. Buyer to verify all information during due diligence.
Highlights
Home typeTriplex
HeatingElectric
StatusActive
Size982 sqft
Lot size0.26 Acres
Year built1943
MLS #376974
Summary
- MLS Number: 376974
- MLS Name: Baldwin County
- Office Name: Bellator Real Estate LLC Mobil
- Office Phone: (251) 786-4673
- Listing Agent: Rameh Khazen
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: 4/5/2025, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$195,000
512 Williams St
$2,316
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 08, 2023 | Home Sold | $125,000 |
| Nov 03, 2020 | Home Sold | $85,000 |
| May 14, 2020 | Home Sold | $85,000 |
| Jun 09, 2016 | Home Sold | $66,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $17,120 | $1,097 |
| 2022 | $16,540 | $1,060 |
| 2021 | $16,540 | $1,060 |
| 2019 | $7,940 | $504 |
| 2018 | $8,080 | $513 |
| 2017 | $8,080 | $513 |
History based on county public records data.
Nearby schools
4
Hall Elementary School
Public District PK-5
0.8 mi
•1108 Antwerp St
6
Leinkauf Elementary School
Public District PK-5
1.2 mi
•1410 Monroe St
4
Craighead Elementary School
Public District PK-5
1.2 mi
•1000 S Ann St
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 $25,732. Typical income of Mobile, AL residents is less than $<35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
58%
<35k
41%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
53%
Single, No Kids
24%
Single, with Kids
12%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
11%
12-17 yrs old
27%
18-34 yrs old
40%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing- UFC
NHRA Drag Racing
Where do the neighbors shop?
Burlington
Family Dollar
Big Lots
Where do the neighbors go to eat?
Popeyes
Burger King
Golden Corral
What do the neighbors drive?
Dodge
Buick
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Contemporary Inspirational
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 512 Williams St in Mobile, AL and zip code 36606 in the Rickarby neighborhood. This 982 square foot home, which was built in 1943, sits on a 0.26 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $195,000.
Mobile, AL housing market in March 2025 saw over 13 listings sold above listed price, more than 10 sold at listed price and over 33 sold below. The inventory of homes for sale in Mobile, AL between February and March 2025 increased by 28.8%.
From Rocket Homes Real Estate and based on county public records data.