Home Highlights
Apartment
700 sqft
$233/sqft
Local Information
-- mins to
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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $163,400, with a rent estimate of $1,391/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 |
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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 |
Comparable Sales for 5401 Malcolm Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.92 | Apartment | $134,000 | 06/08/26 | 2 | 2 | 1,080 sqft | |
1.95 | Apartment | $143,350 | 01/22/26 | 2 | 2 | 1,080 sqft | |
3.57 | Apartment | $385,000 | 01/07/26 | 2 | 2 | 928 sqft | |
3.86 | Apartment | $101,000 | 04/06/26 | 2 | 2.5 | 1,288 sqft | |
3.71 | Apartment | $200,000 | 10/06/25 | 2 | 2.5 | 1,944 sqft | |
5.02 | Apartment | $100,996 | 11/03/25 | 3 | 1 | 1,082 sqft | |
5.59 | Apartment | $269,000 | 03/26/26 | 1 | 1 | 700 sqft | |
6.05 | Apartment | $102,000 | 12/03/25 | 1 | 1 | 650 sqft | |
6.34 | Apartment | $198,900 | 06/15/26 | 3 | 3 | 1,496 sqft | |
6.80 | Apartment | $153,000 | 12/09/25 | 3 | 2 | 1,300 sqft |
Home facts updated by county records
Nearby homes
Get a sense of prices in the area by checking nearby homes.Rental Market Trends in Terrace Hills
Last updated Sep 2026
Trulia Rent Estimate$1,391/mo
Average rent
$1.95K
$300MoM
Available listings
9
Around this home
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
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 25, 2026 Source: Zillow Rentals | ListingRemoved | $1,500 |
Jul 10, 2026 Source: Zillow Rentals | Listed For Rent | $1,500 |
Jan 3, 2019 Source: Agent Provided | ListingRemoved | $150,170 |
Oct 11, 2018 Source: Agent Provided | PriceChange | $150,170 Price decreased by 6% |
Sep 18, 2018 Source: Agent Provided | PriceChange | $160,180 Price decreased by 6% |
Aug 8, 2018 Source: Agent Provided | Listed For Sale | $169,900 |
Jun 14, 2018 Source: N/A | Sold | $95,000 |
May 30, 2018 Source: Agent Provided | Listed For Sale | $99,900 |
Mar 6, 2018 Source: Agent Provided | ListingRemoved | $129,900 |
Jan 8, 2018 Source: Agent Provided | PriceChange | $129,900 Price decreased by 13% |
Nov 20, 2017 Source: Agent Provided | Listed For Sale | $149,900 |
Oct 24, 2017 Source: N/A | Sold | $19,700 |
Oct 5, 2017 Source: Agent Provided | Listed For Sale | $179,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,046 | $164,600 |
Home facts updated by county records
Frequently asked questions about 5401 Malcolm Dr
- What is 5401 Malcolm Dr estimated to be worth?Trulia's estimated value for 5401 Malcolm Dr in Mobile, AL is $163,400.
- What is the price history for 5401 Malcolm Dr?5401 Malcolm Dr in Mobile, AL last sold for $95,000 in June 2018.
- Is Mobile a buyer's or seller's market?Mobile is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Mobile?The median sale price in Mobile is $230K. That is up $6.35K from the prior month.
- Does 5401 Malcolm Dr have air conditioning?Yes, 5401 Malcolm Dr in Mobile, AL has air conditioning.
- Does 5401 Malcolm Dr have parking?Yes, 5401 Malcolm Dr in Mobile, AL has on-site parking.
Homes for rent near 5401 Malcolm Dr
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

