503 Monroe St, Mobile, AL 36602
OFF MARKET

503 Monroe St
Mobile, AL 36602

Central Business District
  • Studio
  • 4 Baths
  • 3,220 sqft

$405,300

Trulia Estimate
as of Aug 4, 2026

$405,300

Trulia Estimate
as of Aug 4, 2026
Studio
4 Baths
3,220 sqft

Local Information

  • Map ViewExplore the area around 503 Monroe St.
  • Schools1 Preschool School1 Elementary School1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1984
Living Area
3,220 sqft
Price/Sqft
$126
Parking
Garage

About this House

This multi-family home is located at 503 Monroe St, Mobile, AL. 503 Monroe St is in the Central Business District neighborhood in Mobile, AL and in ZIP code 36602. This property has 4 bathrooms and approximately 3,220 sqft of floor space. This property has a lot size of 5357 sqft and was built in 1984.
503 Monroe St, Mobile, AL 36602 is a studio, 4 bathroom, 3,220 sqft multi-family in Central Business District, built in 1984. It is currently off market. The Trulia Estimate is $405,300, with a rent estimate of $1,283/month.

Home Details for 503 Monroe St

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Other, Carpet
Interior Details
Number of Rooms: 22
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Wood, Brick
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1984Year Updated: 1991
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 2

Lot Information

Lot Area: 5357 sqft

Market trends in Mobile

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$217K
$3.33KMoM
Sale-to-List Price
98.6%
Price per sq ft
$132
$3MoM
Available listings
1060
18MoM
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Property Tax and Assessment

Year2025
Tax$3,532
Assessment$278,100
Home facts updated by county records

Comparable Sales for 503 Monroe St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
910 Elmira St, Mobile, AL
0.71
Multi-Family Home
$260,000
05/12/26
3
3,472
111 N Julia St, Mobile, AL
1.34
Multi-Family Home
$195,000
06/24/26
4
2
2,337
68 Bradford Ave, Mobile, AL
1.30
Multi-Family Home
$72,000
12/29/25
3
4,106
958 Kentucky St, Mobile, AL
1.42
Multi-Family Home
$35,000
12/09/25
3
1
1,380
310 Regina Ave, Mobile, AL
1.13
Multi-Family Home
$149,000
09/18/25
-
-
1671 Government St, Mobile, AL
1.97
Multi-Family Home
$268,000
11/25/25
1
2,528
Home facts updated by county records

Nearby homes

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Assigned Schools

These are the assigned schools for 503 Monroe St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Central Business District
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Central Business District

At least 11 Trulia users voted on each feature.

  • 82 % Say car is needed

  • 82 % Say it's walkable to restaurants

  • 80 % Say yards are well-kept

  • 65 % Say it's dog friendly

  • 63 % Say there are sidewalks

  • 61 % Say there's holiday spirit

  • 55 % Say streets are well-lit

  • 52 % Say they plan to stay for at least 5 years

  • 50 % Say parking is easy

  • 50 % Say kids play outside

  • 48 % Say it's quiet

  • 47 % Say people would walk alone at night

  • 45 % Say it's walkable to grocery stores

  • 42 % Say there's wildlife

  • 35 % Say neighbors are friendly

  • 33 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Robert lombard
    "Great historic area. Former mayors. Widows if univrtsiyirs. Lawyers. Common blue collars. Great mix Callaghan’s 1946 Irish pub. "
    1
    Flag
  • Morgan.t.moss
    "There’s a quaint and well kept dog park in the area. Every dog I’ve seen around here has been leashed. "
    0
    Flag
  • Shauna K.
    "not much crime friendly neighbors quite and well lit pet friendly and has a neighbourhood park. and a river in back of neighborhood dauphin island parkway"
    4
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

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Explore by feature - Pet Friendly

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Homes for sale near 503 Monroe St

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Off Market Homes Near 503 Monroe St

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