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266 Rickarby Street
Mobile AL 36606 US

$600,000

Active Listing ID 7734201
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Lot: 0.34 Acres
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Other

$600,000

Active Listing ID 7734201
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266 Rickarby Street 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.

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Property Features

  • Facts
  • Lot Size: 0.34 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Window Unit(s)
  • Floor Covering: Hardwood
  • Roof Type: Composition
  • Heating Fuels: Electric (Heating)

School Information

  • School
  • Leinkauf(Elementary)
  • Lillie B Williamson(MiddleSchool)
  • Lillie B Williamson(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 600000
  • unparsedaddress: 266 Rickarby Street
  • postalcity: Mobile
  • stateorprovince: AL
  • country: US
  • postalcode: 36606
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.3398
  • lotsizeunits: Acres
  • lotsizearea: 0.3398
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 30.675578
  • longitude: -88.084096
  • listagentfullname: Melissa Morrissette
  • listagentemail: mmorrissette@llbb.com
  • listagentkey: 3yd-GCMLSAL-GCMMORRISME
  • listagentmlsid: GCMMORRISME
  • listagentpreferredphone: 2517094736
  • listagentofficephone: 2517094736
  • listofficekey: 3yd-GCMLSAL-GCMLLBB01
  • listofficemlsid: GCMLLBB01
  • disclaimer: Copyright © 2026 Mobile Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GCMLSAL
  • listingcontractdate: 2026-03-20
  • listagenturl: https://www.llbb.com
  • countyorparish: Mobile - AL
  • parcelnumber: 2910282001032
  • elementaryschool: Leinkauf
  • highschool: Lillie B Williamson
  • cooling: Window Unit(s)
  • constructionmaterials: Stone
  • flooring: Hardwood
  • heating: Electric (Heating)
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 6
  • parkingfeatures: Driveway
  • roof: Composition
  • view: City
  • waterfrontyn: False
  • franchiseaffiliation: None
  • utilities: Water Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -88.0841, 30.675577
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"LLB&B Inc., Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"mmorrissette@llbb.com", "ListBrokerageCity":"Mobile", "ListBrokerageCountry":"US", "ListBrokerageEmail":"darmstrong@llbb.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/2202/317087/20151015172633032.png", "ListBrokerageName":"LLB&B Inc., Real Estate", "ListBrokeragePhone":"(251) 342-3200", "ListBrokeragePostalCode":"36607", "ListBrokerageStateOrProvince":"AL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3315-A Old Shell Rd.", "ListBrokerageWebsiteUrl":"https://www.llbb.com", "ListOfficeAddress1":" ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"GCMLLBB01", "ListOfficeCity":"Mobile", "ListOfficeCountry":"USA", "ListOfficeEmail":"JMINTO@LLBB.COM", "ListOfficePostalCode":null, "ListOfficeStateOrProvince":"AL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Mobile, AL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/266-Rickarby-St_Mobile_AL_36606_M91282-86526?f=listhub&s=GCMLSAL&m=7734201&c=rexren", "MLSModificationTimestamp":"2026-03-21 09:41:54", "Neighborhoods":[{"Description":null, "Name":"Muth's"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1080, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/13/2026 8:54:19 PM GMT
Source Updated Date: 4/21/2026 12:48:00 PM GMT

Courtesy of: Melissa Morrissette, L L B & B, Inc., mmorrissette@llbb.com

Copyright © 2026 Mobile Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.