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1551 Monterey Place, 
Mobile, AL 36604

$489,000


6

Beds


3

Baths


2,945

Sq Ft


Multi-Family

Active

Listed by

Nathan Hughes

Jpar Gulf Coast - Orange Beach

919-455-5933

Last updated:

May 15, 2025, 04:44 PM

MLS#

379053

Source:

AL BCAR

About This Home

1551 Monterey Place

Opportunity Knocks not one, not two, but three times with this stunning historic Midtown Mobile Triplex. Situated on one of the most alluring streets, Monterey Place, this charming craftsman home will leave you starstruck. All three units have undergone extensive renovations and boast updated finishes throughout. The main home consists of two separate units. Each unit in the main house is a two bedroom one bath with spacious living areas and ample natural light. The detached carriage house apartment is also a two bedroom one bath unit that is situated at the rear of the property. All three units are fully occupied with tenants at this time. When it comes to location, Midtown is the place to be. 1551 Monterey Place is conveniently located to downtown, schools, shopping, I-10, I-65, the downtown Mobile Airport, and everything in-between. Speculate on properties that "could" be a good investment, or invest in an established income producer with a proven track record that cannot be denied. The choice is yours. Buyer or buyer's agent to verify all pertinent information. Buyer to verify all information during due diligence.

Home Facts

Multi-Family

3 Baths

6 Bedrooms

Built in 1925

Price Summary

489,000

$166 per Sq. Ft.

MLS #:

379053

Last Updated:

May 15, 2025, 04:44 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,945 Sq. Ft.


Structure

Structure

Building Area:

2,945 Sq. Ft.

Year Built:

1925


Lot

Lot Size (Sq. Ft):

8,533


Finances & Disclosures

Finances

Price:

$489,000

Price per Sq. Ft:

$166 per Sq. Ft.

Source:AL BCAR
The information being provided by Baldwin County Association of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Baldwin County Association of Realtors All rights reserved.

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