119 Georgia Ave Thomson, GA 30824
About This Home
Prime Downtown Thomson Income Property - 6 Rental Units Excellent investment opportunity just one block from the heart of downtown Thomson! This unique parcel features six total rental units, including two duplexes and two single-family homes, all situated on one property for efficient management and strong income potential. The units are long-term rentals, with four currently occupied and two vacant, offering immediate upside for value-add improvements or lease-up. While the buildings are older, they have proven to be solid income producers with consistent rental history. The unbeatable location places tenants within walking distance of downtown shops, dining, and local amenities—making this a highly desirable area for renters. Highlights include: 6 total rental units (2 duplexes + 2 single-family homes) One block from downtown Thomson Strong rental demand and proven income history Opportunity to increase cash flow through renovations or rent optimization Ideal for investors seeking a small portfolio or 1031 exchange replacement Whether you're expanding your rental portfolio or looking for a centrally located investment with upside potential, this property checks all the boxes. Don't miss this rare downtown Thomson income opportunity. This listing is part of a 9 unit portfolio being sold by the same seller. MLS# 551257 is the other 3 units.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 40,946 Sq Ft Lot
- Lot Dimensions are 271x151
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Full Bathrooms
Schools
- Maxwell-Norris Elementary School
- Thomson Middle School
- Thomson High School
Community Details
- 6 Units
- Spirit Crossing Subdivision
Listing and Financial Details
- Assessor Parcel Number 0t240065
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,924 | $124,617 | $8,272 | $116,345 |
| 2024 | $3,924 | $118,471 | $7,896 | $110,575 |
| 2023 | $3,779 | $113,652 | $7,520 | $106,132 |
| 2022 | $2,741 | $78,284 | $6,016 | $72,268 |
| 2021 | $2,256 | $63,880 | $7,520 | $56,360 |
| 2020 | $1,359 | $38,734 | $8,476 | $30,258 |
| 2019 | $1,370 | $38,734 | $8,476 | $30,258 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/13/2026 03/13/26 | Pending | -- | -- | -- |
| 02/26/2026 02/26/26 | For Sale | $170,000 | 0.0% | $138 / Sq Ft |
| 02/24/2026 02/24/26 | Pending | -- | -- | -- |
| 01/21/2026 01/21/26 | For Sale | $170,000 | -- | $138 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $57,500 | -- |
Source: Hive MLS
MLS Number: 551253
APN: 0T240 00000 065 000
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