5 North Fulton Street

8,000 Sq. Ft.
$113 / Sq. Ft.
8,000
Sq. Ft.
$113
per Sq. Ft.

Description

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...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.
  1. Listed by Taylor Pettway • Goode Realty, LLC
    P: (251)-525-7050 C: (251)-525-7050 taylor@southalhomes.com
  2. Listed by Ginny Byrd • Goode Realty, LLC
    P: (251)-689-4787 C: (251)-689-4787 ginny@southalhomes.com

Property Details for 5 North Fulton Street

Architectural Style
Other See Remarks
Subdivision Name
Park Place
View
None/Not Applicable
Waterfront Features
No Waterfront
Has View
No
LISTING CLOSED: 06/09/2025 12:00 AM

Property Details for 5 North Fulton Street

StatusClosed
MLS #372888
Days on Market67
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Residential Detached
Year Built1986
Lot Size-
CountyMobile County

Location

Listing Courtesy of Goode Realty, LLC

Sold By Goode Realty of Mobile LLC; Goode Realty, LLC

Add your commute

Building Information for 5 North Fulton Street

Stories1Year Built1986Building Size-Lot Size-

Payment Calculator

$4,777 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,485

Property Taxes

$292

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 5 North Fulton Street

Summary
Location and General Information
  • Coordinates: -88.090112, 30.686592
  • Directions: From I65/Dauphin St., go East approx. 2.2 miles and turn left onto N. Fulton St. This listing includes the first four buildings on your left.
  • Latitude: 30.686592
  • Longitude: -88.090112
  • MLS Area Major: Mobile County
  • Flood Zone: X
  • Water Property Type: No Waterfront
Taxes and HOA
  • Association: No
  • Tax Block: 13
  • Tax Legal Description: ALL THAT PORTION OF LOTS 13 14 & 15 BLK 2 DAUPHIN HGTS DBK 97 P 45 DESC AS BEG AT NW INTERSECT OF DAUPHIN & FULTON STS RUN NLY ALG W/S OF FULTON ST 260.25 FT TO S/L OF AN ALLEY TH WITH ENCL ANG OF 96 DEG RUN WLY ALG S/L OF SAID ALLEY 121 FT-S- TO PT ON FENCE/L TH SLY WITH ENCL ANG OF 84 DEG & ALG LI
  • Parcel Number: 2907240003059XXX
  • Property Tax: 3843.02
School Information
  • Elementary School: Mobile Other Elementary
  • Middle Or Junior School: Mobile-Other
  • High School: Mobile-Other High
Parking
  • Parking Features: Attached
Property
Lot Information
  • Lot Size Comments: 0.557
  • Living Area: 8000.0
  • Living Area Source: Seller
  • Lot Features: Less Than 1 Acre
Property and Assessment
  • Construction Status: Resale
Property and Assessments
  • Sponsor Unit: false
  • Year Built: 1986
Building Features
  • Construction Foundation: Wood Frame
Financial Information
  • Current Financing: Conventional, Cash, Owner Financing
Green Features
  • Green Verification: No
Utilities
  • Power Production: false
  • Utilities: Alabama Power
Interior and Exterior Features
Exterior Features
  • Exterior Finish: Wood
  • Property Amenities: Ceiling Fans
  • Roof: Other/See Remarks
Interior Features
  • Heat Cooling: Wall Furnace, Oneor More Window Units
  • Appliances: Gas Range, Refrigerator, Smoke Detector
  • Property Interior Stories: One
  • Full Bathrooms: 10
  • Bathrooms Total Decimal: 10.00
  • Total Bathrooms: 10
  • Total Bedrooms: 15
  • Cooling: Window Unit(s)
  • Has Cooling: Yes
  • Has Fireplace: Yes
  • Total Fireplaces: 1
  • Flooring: Tile, Wood
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Interior Features: Ceiling Fan(s)
  • Number Of Fireplaces: 1
  • Stories: 1
Rental
Rent Information
  • Rentals Allowed: No
  • Rental Type: Long Term

Property History for 5 North Fulton Street

DateEvent & SourcePriceAppreciation
Jun 9, 2025

Sold

Baldwin REALTORS #372888

$900,000
Jun 3, 2025

Sold (Public Record)

Public Record #1562421408

$900,000

+33.1% / yr

Mar 24, 2025

Contract Signed

Baldwin REALTORS #372888

DateEvent & SourcePrice
06/09/2025

Sold

Baldwin REALTORS #372888

$900,000
06/03/2025

Sold (Public Record)

Public Record #1562421408

$900,000

+33.1% / yr

03/24/2025

Contract Signed

Baldwin REALTORS #372888

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

Public Records for 5 North Fulton Street

Taxable ValueLand$10,800Additions$95,920Total$106,720
Tax Record2025$3,510 ($292 / month)
Home Facts
Baths7Total Finished SqFt2,884 SqFtAbove Grade Finished SqFt2,884 SqFtStories2Lot Size24,219 SqFtStyleDuplexYear Built1986CountyMOBILEAPN29 07 24 0 003 059.XXXFireplace TypeHas Fireplace

Schools near 5 North Fulton Street

This home is within Mobile County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Florence Howard Elementary School
PublicPK to 5

Booker T Washington Middle School
Public6 to 8

Murphy High School
Public9 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

Nearby off-market homes

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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Goode Realty, LLC

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.