266 Rickarby Street

3,576 Sq. Ft.
$168 / Sq. Ft.
3,576
Sq. Ft.
$168
per Sq. Ft.

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...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. Buyer to verify all information during due diligence. Year Built is Unknown.
  1. Listed by Melissa Morrissette • L L B & B, Inc.
    P: (251)-709-4736 C: (251)-709-4736 mmorrissette@llbb.com

Property Details for 266 Rickarby Street

Architectural Style
Multi Story
Zoning Types
Multi Family
Furnished
Unfurnished
View
None/Not Applicable
LISTING UPDATED: 03/24/2026 11:39 AM

Property Details for 266 Rickarby Street

StatusActive
MLS #393812
Days on Market104
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Four To Ten Units
Year Built1981
Lot Size0.34 AC / 14,801 SF
CountyMobile County

Location

Listing Courtesy of L L B & B, Inc.
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Building Information for 266 Rickarby Street

Stories-Residences-Year Built1981Building Size-Lot Size0.34 AC / 14,801 SF

Payment Calculator

$2,990 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,990

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 266 Rickarby Street

Summary
Location and General Information
  • County Area: Mobile County
  • Coordinates: -88.084122, 30.675514
  • Directions: On Airport Blvd heading towards midtown. Turn right onto Little Flower Ave. Turn left onto Government St. Turn right onto Rickarby St.
  • Latitude: 30.675514
  • Longitude: -88.084122
  • Boat Facilities: None
  • Governing Municipality: Mobile County
  • Subdivision Or Community Or Condo Complex: Lee Place
  • Flood Zone: X
  • Water Property Type: No Waterfront
Taxes and HOA
  • Has Additional Parcels: Yes
  • Association: No
  • Tax Block: 64
  • Tax Legal Description: LOTS 64 & 65 MUTHS SUB OF LEE PL MBK3/325 #SEC 28 T4S R1W #MP29 10 28 2 001
  • Parcel Number: 2910282001032XXX
  • Property Tax: 1079.5
School Information
  • Elementary School: Leinkauf
  • Middle Or Junior School: Lillie BWilliamson
  • High School: Lillie BWilliamson
Parking
  • Parking Features: On Street
Property
Lot Information
  • Lot Size Comments: 100x148
  • Lot Size Acres: 0.3398
  • Living Area: 3576.0
  • Living Area Source: Tax Records
  • Number Of Lots: 2
Property and Assessment
  • Construction Status: Resale
Property and Assessments
  • Floor Plans Count: 0
  • Sponsor Unit: false
  • Documents Available: None
  • Mineral Rights: Unknown
  • Year Built: 1981
Building Features
  • Construction Foundation: Stone
  • Elevators Total: 0
Financial Information
  • Current Financing: Cash
Green Features
  • Energy Saving Features: None
  • Green Verification: No
Utilities
  • Power Production: false
  • Utilities: Natural Gas Available, Water City, Sewage City, Alabama Power
Interior and Exterior Features
Exterior Features
  • Exterior Finish: Stone
  • Property Amenities: More Than One Water Meter
  • Community Amenities: None
  • Pool Features: None
  • Roof: Composition Shingle
Interior Features
  • Other Rooms: Living Room
  • Heat Cooling: Oneor More Window Units
  • Primary Bed Bath: Single Vanity
  • Appliances: Smoke Detector
  • Dining Area: Separate Dining Room
  • Property Interior Stories: Two
  • Full Bathrooms: 6
  • Half Bathrooms: 0
  • Bathrooms Total Decimal: 6.00
  • Total Bathrooms: 6
  • Total Bedrooms: 10
  • Fireplace Features: No Fireplace
  • Flooring: Wood, Vinyl
  • Number Of Fireplaces: 0
Multi Family
Multi Family Information
  • Unit Type: Top Floor, Ground Floor
Rental
Rent Information
  • Rentals Allowed: Yes
  • Rental Info Source: Management Company
  • Rental Type: Long Term

Property History for 266 Rickarby Street

DateEvent & SourcePriceAppreciation
Mar 20, 2026

Listed (Active)

Baldwin REALTORS #393812

$600,000
DateEvent & SourcePrice
03/20/2026

Listed (Active)

Baldwin REALTORS #393812

$600,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 266 Rickarby Street

This home is within Mobile County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 10 to 12
Public - 10 to 12
Rating
School
Distance
Leinkauf Elementary School
PublicPK to 5

Lillie B Williamson High School
Public6 to 12

Murphy High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

266 Rickarby Street is a multi-family home for sale in Mobile, AL 36606. This property was listed for sale on March 20, 2026 by L L B & B, Inc., it's currently listed at $600,000. This listing's school district is Mobile County School District. Nearby schools include Leinkauf Elementary School, Lillie B Williamson High School and Murphy High School. 266 Rickarby Street is a 10-bed, 6-bath, 3,576 sqft multi-family home built in 1981.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of L L B & B, Inc.

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