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4 Beds
3 Baths
2,275 sqft

$160,000

2228 Vaughan Drive E, Mobile AL, 36605

Price per sqft$70.33
Built in1964
Property size2,275 sqft
Property typeResidential

Overview

Active

Listed Sep 1, 2026

Updated 6 days ago

Prime value-add investment opportunity in Idlewood! Sprawling over 2,200 sq. ft. on a massive 0.5-acre lot, this 4-bedroom, 3-bathroom ranch offers significant After-Repair Value (ARV) potential. Featuring a flexible floor plan with a separate mother-in-law suite with a private entrance, this property provides immediate multi-family upside, dual-income rental streams, short-term rental (Airbnb) potential, or space for a primary suite + guest unit. You’ll be minutes from boat launches and the excitement of Downtown Mobile, with instant interstate access to get you wherever you need to go. ARV Projections: Estimated After-Repair Value ranges from $240,000- to $260,000 depending on finish levels and conversion layout, leaving substantial equity for a fix-and-flip or cash-out refinance. Built-in Income Strategy: The attached in-law suite with independent entry allows dual rental income streams (main house + unit) to maximize monthly cash flow. Location, convenience and access to outdoor amenities. Minutes from local boat launches, Dog River, and coastal recreation. Prime Commuter Access: Instant access to I-10 and I-65 for rapid commutes into Downtown Mobile, regional job hubs, and shipyards. Bring your contractor and vision to unlock the full margin potential on this high-upside property. Schedule your private walkthrough today!

$1,064/mo

Est. mortgage payment based on a $160,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7814722

Interior Features

Bedrooms
4
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.51 Acres

Other Property Details

Taxes
$1,170
Tax Frequency
Annually
View
Yes

Broker Reciprocity Courtesy of 764 The Agency LLC, Natalie Grayson

 

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