$375,000
SOLD JUL 11, 2025

1518 W 4th Ave Albany, GA 31707

Palmyra Heights Neighborhood
14 Beds
8 Baths
2,175 Sq Ft
0.36 Acres

Recently Sold

$172 Per Sq Ft

25% Below List Price

79 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Ceiling Fan
  • 1-Story Property
  • Central Air
  • Heating Available

About This Home

As of July 2025

THREE BRICK DUPLEXES FAMILY OWNED SINCE 1960S. Two buildings with 2 BR each side, one building with 3 BR each side. Two buildings have new roofs. Great northwest area. Fully occupied with long term tenants. Owner has generously not increased rents over the years, so rental increases are due. Potential total rental income is estimated at $5,500+ per month. Some units need updates. Great opportunity for investors - priced to sell! Excellent location - 1518, 1520 & 1522 Fourth Ave. 3 bedroom building has 2175 total sq.ft; 2 bedroom buildings have 1775 total sq.ft. Seller will consider selling separately.

Last Agent to Sell the Property

Debbie Fulford

Re/Max Of Albany Brokerage Phone: 2294341600 License #127976 Listed on: 02/26/2025

Re/Max Of Albany

Last Buyer's Agent

Anthony Fino

1 Key Realty LLC License #420396

1 Key Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,828

Year Built

  • Built in 1969

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 118 x 120

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Wood Trim

Interior Spaces

  • 2,175 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 14 Bedrooms

Parking

  • Driveway
  • Open Parking

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

  • Minor Subdivision

Listing and Financial Details

  • Tax Lot 1C
  • Assessor Parcel Number 0000G/00039/03N; 03L; 03M

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,828

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub-Type: Duplex/Quad/Multi-Unit
  • PropertyType: Residential
  • Lot Size Acres: 0.36
  • Road Surface Type: Paved
  • Attribution Contact: 2294341600
  • Co List Office Phone: 229-434-1600
  • Ownership: Investor
  • MLS Status: Closed
  • Subdivision Name: Minor
  • Directions: Going east on Third Avenue, turn left on Edgewood, turn right on Fourth Avenue, first 3 duplexes on right.
  • ResoBuildingAreaSource: Public Records
  • Living Area: 2175
  • Property Attached Yn: Yes
  • Roof: Shingle
  • Window Features: Mini Blinds
  • Year Built: 1969
  • Tax Year: 2025
  • Financial Info Electric: Albany Utilities
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Refrigerator, Stove/Oven Electric
  • Basement: Crawl Space
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 14
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Stories: 1
  • Master Bathroom Features: Primary Bath: Ceramic Tile

Exterior Features

  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Brick, Wood Trim
  • Exterior Features: None

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway Only

Utilities

  • Cooling: Central Electric, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central Gas
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Sewer: Albany Utilities
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Cable Available
  • Water Source: Albany Utilities

Condo/Co-op/Association

  • Association Fee Frequency: None

Lot Info

  • Lot Dimensions: 118 x 120
  • Lot Size Sq Ft: 15681.6
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 0000G/00039/03N; 03L; 03M

Tax Info

  • Tax Annual Amount: 6828
  • Tax Lot: 1C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2025
Closed on
Jul 10, 2025
Sold by
Cline Glenda Gayle
Bought by
4Th Ave Property Holdings Llc
Seller's Agent
Debbie Fulford
Re/Max Of Albany
Buyer's Agent
Anthony Fino
1 Key Realty LLC
List Price
$498,500
Sold Price
$375,000
Premium/Discount to List
-$123,500
-24.77%
Views
52
Current Estimated Value
$242,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$132,063
Avg. Annual Appreciation
-64.43%
Original Mortgage
$100,000
Outstanding Balance
$99,741
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$143,196

Purchase Details

Closed on
Jul 31, 1968
Bought by
Cline Margaret Sapp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Limited Warranty Deed $125,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Closed $100,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2025 08/03/25 Off Market $425,000 -- --
07/11/2025 07/11/25 Sold $375,000 -11.8% $172 / Sq Ft
05/17/2025 05/17/25 Pending -- -- --
05/07/2025 05/07/25 Price Changed $425,000 -5.6% $195 / Sq Ft
03/31/2025 03/31/25 Price Changed $450,000 -5.3% $207 / Sq Ft
03/26/2025 03/26/25 Price Changed $475,000 -4.7% $218 / Sq Ft
02/26/2025 02/26/25 For Sale $498,500 -- $229 / Sq Ft
Source: Albany Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $2,166 $45,400 $9,440 $35,960
2023 $2,115 $45,400 $9,440 $35,960
2022 $2,123 $45,400 $9,440 $35,960
2021 $1,968 $45,400 $9,440 $35,960
2020 $1,973 $45,400 $9,440 $35,960
2019 $1,980 $45,400 $9,440 $35,960
2018 $1,989 $45,400 $9,440 $35,960
2017 $1,853 $45,400 $9,440 $35,960
2016 $1,854 $45,400 $9,440 $35,960
2015 $1,859 $45,400 $9,440 $35,960
2014 $1,811 $44,800 $8,840 $35,960
Source: Public Records

Agents Affiliated with this Home

  • Debbie Fulford

    Seller's Agent in 2025

    Debbie Fulford

    Re/Max Of Albany

    5 in this area

    155 Total Sales

    Debbie Fulford
    Section Image

  • A

    Buyer's Agent in 2025

    Anthony Fino

    1 Key Realty LLC

    (229) 886-9466

    3 in this area

    49 Total Sales

    Anthony Fino
    Section Image
See All Agents

Map

Source: Albany Board of REALTORS®

MLS Number: 164448

APN: 0000G-00039-03N

Georgia Dougherty County Albany 31707 Palmyra Heights

1518 W 4th Ave, Albany, GA

Sold

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes