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  1. Commercial Properties
  2. AL
  3. Mobile

706 Cherokee St

For Sale

706 Cherokee St, Mobile, AL 36606

706 Cherokee St is a single-family home located in Midtown Mobile, Alabama, within an established residential neighborhood with convenient access to Airport Boulevard, Government Street, and I-65. The property’s central location places it near employment centers, retail, schools, and everyday services, making it an attractive opportunity for an investor seeking to lease the property and establish a new tenancy in a well-connected Mobile location.706 Cherokee St presents an accessible single-family investment opportunity in the heart of Midtown Mobile. This 3-bedroom, 1-bathroom home totals approximately 1,260 square feet and features a functional single-story layout with comfortable living spaces, natural light, central heating and cooling, and usable yard space. The property’s layout and single-family setting offer strong appeal to long-term renters seeking affordability, privacy, and convenience. Offered at $120,000, the property provides an attractive entry point into the Mobile single-family rental market with the opportunity for a new owner to establish tenancy at current market conditions. Its central Midtown location, practical floor plan, and manageable size support an efficient rental strategy, while the current vacancy allows an investor to lease the property without assuming an existing tenant or lease obligation. The combination of an accessible acquisition price and potential rental income makes 706 Cherokee St a compelling opportunity for investors looking to add a single-family asset to their portfolio.

Key features

  • 3 bed / 1 bath, approximately 1,260 square feet with a functional single-story layout, comfortable living spaces, and usable yard space.
  • Central HVAC and practical interior configuration designed for everyday living and long-term rental appeal.
  • Currently vacant, allowing an investor to lease the property without assuming an existing tenant or lease obligations.
  • Located near Airport Boulevard, Government Street, and I-65, providing convenient access to employment, retail, schools, and everyday services.
  • Manageable size and straightforward layout support efficient maintenance and property management for both local and remote investors.
  • Offered at $120,000, creating an accessible entry basis for a fee-simple single-family asset in Midtown Mobile.
  • Positioned to capture demand for single-family rentals in Mobile, with the opportunity to generate rental income through a new lease-up.
  • Single-family rental opportunity in an established Midtown Mobile neighborhood, offering a new owner the opportunity to establish tenancy at current market conditions.

Building Details

  • For Sale $120,000
  • Property Type Multi-Family
  • Property Size 1,260 SF
  • Units 1
  • Lot Size 0.15 Acre
  • Additional Rent Price on request
  • Year Built 1986
  • Date Updated Sep 18, 2026
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Contacts

broker
Justin Toomey

SVN | Toomey Property Advisors

Location

  • City Mobile, AL
  • Neighborhood Rickarby
  • Zip Code 36606
  • Market Mobile
  • Map
  • Street
  • Walk score 56/100 Somewhat Walkable
  • Bike score 42/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

Mobile (opens February 2025)

3.23 miles

Shell

1.11 miles

Walmart Gas

1.13 miles

Chevron

1.56 miles

CGX Gas

1.86 miles

Texaco

1.90 miles

Citgo

2.00 miles

Mobile, AL Supercharger

2.01 miles

CGX Parking

1.85 miles

Arlington Park

1.89 miles

Parking Garage

2.02 miles

Long-Term Parking

2.06 miles

Parking Lot 2

2.07 miles

Short-Term Parking

2.10 miles

MOB II Parking

2.91 miles

Main Parking

3.03 miles

Municipal Parking Garage

3.21 miles

USA Mountain Bike Trailhead

6.96 miles

Enterprise

2.02 miles

Dollar Car Rental

2.45 miles

Tidal Wave Auto Spa

2.79 miles

Rich's Car Wash

4.70 miles

Blue Moose

9.57 miles

Popeyes

0.67 miles

Regina's Kitchen

0.67 miles

Fuji San

0.70 miles

Krystal

0.70 miles

Smoothie King

0.72 miles

Waffle House

0.73 miles

Subway

0.74 miles

Pizza Hut

0.74 miles

Bariachi Mexican Kitchen

0.76 miles

Checkers

0.81 miles

Winn-Dixie

1.12 miles

Walmart Neighborhood Market

1.16 miles

Piggly Wiggly

1.75 miles

Greer's

1.81 miles

Coast Guard Exchange

1.88 miles

Publix

1.97 miles

Ross

2.05 miles

Target

2.12 miles

Belk

2.17 miles

JCPenney

2.19 miles

Midtown Pharmacy

0.81 miles

Mobile Fire Training Division

1.24 miles

Mobile Fire/Rescue Training Academy

1.26 miles

Louis B. Lathan Station 16

1.33 miles

Mobile Fire District 1 Chief

1.44 miles

Parole & Probation Office

1.59 miles

Fresenius Kidney Care

1.63 miles

John D. Willett Fire Station No. 11

1.72 miles

Walgreens

1.73 miles

CVS Pharmacy

1.76 miles

Listing Summary

  • Property Financials

    706 Cherokee St is currently listed for sale at $120,000 for a price per square foot of $95.24.

  • Property Details

    706 Cherokee St totals 1,260 square feet of Multi-Family space on a lot spanning 0.15 acres. The property was initially built in 1986.

  • Area Characteristics

    706 Cherokee St is located in the Rickarby neighborhood.

    In terms of ease of commuting, the area has a walk score of 56, indicating that it is somewhat walkable.

Contact Justin Toomey
broker
Justin Toomey

SVN | Toomey Property Advisors

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