5401 Malcolm Dr
Mobile, AL 36693
Terrace Hills- 1 Bed
- 1 Bath
- 700 sqft
$169,500
as of Aug 3, 2026
$169,500
as of Aug 3, 2026
1 Bed
1 Bath
700 sqft
Local Information
-- mins to
Home Highlights
Property Type
Apartment
Living Area
700 sqft
Price/Sqft
$242
About this House
Off street Assigned parking
-Very Fast Internet
-The apartment is updated and freshly painted with all amenities for comfort - Please see photos for details.
The location is within a safe and quiet neighborhood which features a country club, community center and park all within walking distance.
The setting feels like being in the country yet very close to city with essential amenities such as shopping, dining etc.
3 Hospitals within a fifteen minute drive from property.
15 minutes from Austal USA and Alabama shipyards
At least 30 day terms to a year.
All utilities included as well as wi-fi
-Very Fast Internet
-The apartment is updated and freshly painted with all amenities for comfort - Please see photos for details.
The location is within a safe and quiet neighborhood which features a country club, community center and park all within walking distance.
The setting feels like being in the country yet very close to city with essential amenities such as shopping, dining etc.
3 Hospitals within a fifteen minute drive from property.
15 minutes from Austal USA and Alabama shipyards
At least 30 day terms to a year.
All utilities included as well as wi-fi
5401 Malcolm Dr, Mobile, AL 36693 is a 1 bedroom, 1 bathroom, 700 sqft apartment in Terrace Hills. It last sold for $95,000 on Jun 14, 2018 (6,233% above the $1,500 asking price). More recently, it was listed as a rental in July 2026 with an asking price of $1,500 per month. That rental listing was removed on July 25, 2026. It is currently off market. The Trulia Estimate is $169,500, with a rent estimate of $1,406/month.
Home Details for 5401 Malcolm Dr
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Heating & Cooling Heating: Central, Forced AirAir ConditioningCooling System: Air Conditioner, Central AirHeating Fuel: Central |
Appliances & Utilities Refrigerator |
Levels, Entrance, & Accessibility Floors: Tile |
Room & Shared Space Shared space is furnished |
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Property Type / Style Property Type: Apartment |
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Lease Term: 6 MonthAvailable: now |
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Parking & Garage Parking: Off Street Parking, On Site |
Price History for 5401 Malcolm Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 07/25/2026 | $1,500 | ListingRemoved | Zillow Rentals |
| 07/10/2026 | $1,500 | Listed For Rent | Zillow Rentals |
| 01/03/2019 | $150,170 | ListingRemoved | Agent Provided |
| 10/11/2018 | $150,170 | PriceChange | Agent Provided |
| 09/18/2018 | $160,180 | PriceChange | Agent Provided |
| 08/08/2018 | $169,900 | Listed For Sale | Agent Provided |
| 06/14/2018 | $95,000 | Sold | N/A |
| 05/30/2018 | $99,900 | Listed For Sale | Agent Provided |
| 03/06/2018 | $129,900 | ListingRemoved | Agent Provided |
| 01/08/2018 | $129,900 | PriceChange | Agent Provided |
| 11/20/2017 | $149,900 | Listed For Sale | Agent Provided |
| 10/24/2017 | $19,700 | Sold | N/A |
| 10/05/2017 | $179,000 | Listed For Sale | Agent Provided |
Market trends in Mobile
Last updated June 2026
Avg. sale price
$217K
$3.33KMoM
Sale-to-List Price
98.6%
Price per sq ft
$132
$3MoM
Available listings
1060
18MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,046 |
| Assessment | $164,600 |
Home facts updated by county records
Comparable Sales for 5401 Malcolm Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.60 | Apartment | $87,000 | 08/04/25 | 1 | 1 | 600 | |
1.84 | Apartment | $134,000 | 05/06/26 | 2 | 2 | 1,219 | |
1.92 | Apartment | $134,000 | 06/08/26 | 2 | 2 | 1,080 | |
1.95 | Apartment | $143,350 | 01/22/26 | 2 | 2 | 1,080 | |
3.57 | Apartment | $385,000 | 01/07/26 | 2 | 2 | 928 | |
3.86 | Apartment | $101,000 | 04/06/26 | 2 | 2.5 | 1,288 | |
3.86 | Apartment | $99,900 | 09/03/25 | 3 | 2.5 | 1,350 | |
3.71 | Apartment | $200,000 | 10/06/25 | 2 | 2.5 | 1,944 | |
5.02 | Apartment | $100,996 | 11/03/25 | 3 | 1 | 1,082 | |
5.59 | Apartment | $269,000 | 03/26/26 | 1 | 1 | 700 |
Home facts updated by county records
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 5401 Malcolm Dr.
What Locals Say about Terrace Hills
At least 20 Trulia users voted on each feature.
92 % Say car is needed
88 % Say parking is easy
79 % Say it's dog friendly
74 % Say yards are well-kept
58 % Say there's holiday spirit
52 % Say there are sidewalks
52 % Say it's quiet
52 % Say they plan to stay for at least 5 years
52 % Say streets are well-lit
51 % Say neighbors are friendly
50 % Say people would walk alone at night
48 % Say kids play outside
40 % Say there's wildlife
23 % Say it's walkable to grocery stores
11 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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