503 Monroe St, Mobile, AL 36602
OFF MARKET

503 Monroe St
Mobile, AL 36602

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

$414,400

Trulia Estimate
as of Jun 14, 2026
Est. Refi. Payment $2,327/mo*

$414,400

Trulia Estimate
as of Jun 14, 2026
Est. Refi. Payment $2,327/mo*
Studio
4 Baths
3,220 sqft

Local Information

Map showing home location
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-- mins to
Commute Destination

Description

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.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

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 May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$213K
$6.67K
MoM
Sale-to-List Price
98.7%
0.5%
MoM
Price per sq ft
$129
$6
MoM
Available listings
1078
35
MoM
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Property Tax and Assessment

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

Homeowner tools

Estimated monthly rent$1,493/mo

Homes for rent near 503 Monroe St

See what comparable homes in the neighborhood are renting for.
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Comparable Sales for 503 Monroe St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.71
Multi-Family Home
$260,000
05/12/26
3
3,472
1.04
Multi-Family Home
$85,000
07/24/25
5
4
3,890
1.30
Multi-Family Home
$72,000
12/29/25
3
4,106
1.42
Multi-Family Home
$35,000
12/09/25
3
1
1,380
1.13
Multi-Family Home
$149,000
09/18/25
-
-
Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

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

Neighborhood Overview

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. "
  • 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. "
  • 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"

LGBTQ Local Legal Protections

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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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503 Monroe St, Mobile, AL 36602 is a studio, 4 bathroom, 3,220 sqft multi-family built in 1984. 503 Monroe St is located in Central Business District, Mobile. This property is not currently available for sale. The current Trulia Estimate for 503 Monroe St is $414,400.