706 Cherokee St

706 Cherokee St, Mobile, AL 36606

Property Information

  • For Sale $120,000
  • Property Type Multi-Family
  • Property Size 1,260 SF
  • Units 1
  • Lot Size 0.15 Acre
  • Year Built 1986
  • Date Updated Jun 24, 2026

Description

706 Cherokee St is located in an established residential area of Mobile, Alabama, offering convenient access to the city’s core employment centers, everyday retail, schools, and neighborhood services. The property sits in a stable single-family setting that appeals to tenants seeking affordability, privacy, and a traditional residential environment.Single-family rental investment opportunity in Mobile, Alabama, offered at an accessible price point for both new and seasoned investors. This 3 bedroom, 1 bathroom home offers approximately 1,260 square feet of living space and is rent-ready as of June 1, 2026, allowing a new owner to place a tenant quickly and begin generating income with minimal downtime. Positioned in an established neighborhood on Cherokee St, the property provides a practical single-family layout that appeals to a broad renter base, including long-term tenants and families seeking a functional and affordable home. At a sales price of $120,000, this asset presents an approachable entry into the Mobile single-family rental market with the potential for steady cash flow and long-term appreciation.

Highlights

  • 3 bed / 1 bath with approximately 1,260 square feet.
  • Attractive entry price of $120,000.
  • Established residential location in Mobile, Alabama.
  • Functional floor plan suitable for a wide tenant base.
  • Ideal for investors seeking a low-maintenance rental asset.
  • Long-term hold opportunity in a market with continued rental demand.
  • Rent-ready as of June 1, 2026.
  • Strong potential for quick lease-up and income production.
  • Turnkey single-family rental investment opportunity.

Contacts

Location

Located at 706 Cherokee St, Mobile, AL 36606, this property is part of the Rickarby neighborhood and Mobile market.

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