1641 16th Ave Columbus, GA 31901
Saint Elmo Weracoba NeighborhoodEstimated payment $1,451/month
Highlights
- Wood Flooring
- Patio
- Level Lot
- Window Unit Cooling System
- Fenced
- Heating System Uses Natural Gas
About This Home
New Investment Opportunity in Midtown! Here's your chance to own a rare 6-unit multifamily property in desirable Weracoba Heights, right on the picturesque 16th Ave. This property offers INCREDIBLE POTENTIAL for a savvy investor ready to put in the work and bring this gem up to its full earning power. The main brick house holds 5 units, plus a detached cottage in the back — for a total of 6 rental opportunities. Currently, Units 1 & 5 are vacant and available for viewing, with Unit 3 expected to be available soon. The property features onsite & street parking and sits just two blocks from Lakebottom Park, in one of Columbus's most sought-after locations — convenient to everything in Midtown, Uptown, CSU, dining, shopping, and entertainment. While producing income, this property is primed for updating and repositioning. Current rents: Unit 2 at $850, Unit 3 at $925, and Unit 4 at $500. Historically, the cottage rented for $800, Unit 1 for $850, & Unit 5 for $700, bringing in $4,700/month when fully occupied. Strategic upgrades offer excellent potential to increase rents and cash flow. Part of an Estate Sale that has cleared Probate, this property does not include Rent Rolls or T12 reports. The previous owner accepted cash payments and managed the property personally well into her 90s. This is perfect for an investor who wants to create real value — renovate interiors, update systems, enhance curb appeal, and watch this asset transform into a top-of-market performer. Two storage sheds provide extra income potential. Utilities are included in the current rent prices. Opportunities like this are rare in Midtown. Get ready to roll up your sleeves and transform this hidden gem into a sparkling diamond! Schedule your private tour today — Units 1 and 5 may be viewed by appointment, with Units 2, 4, & the cottage available during Due Diligence. Please do not disturb tenants.
Listing Agent
Bickerstaff Parham, LLC Brokerage Phone: 7066531400 License #363493 Listed on: 07/18/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $29
Year Built
- Built in 1923
Lot Details
- 0.34 Acre Lot
- Fenced
- Level Lot
- Back Yard
Home Design
- Brick Exterior Construction
- Frame Construction
Interior Spaces
- 4,746 Sq Ft Home
- Wood Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Parking
- 6 Parking Spaces
- Parking Pad
- Driveway
- Open Parking
Outdoor Features
- Patio
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
Community Details
- 6 Units
- Weracoba Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 027 017 034
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 | $29 | $74,390 | $21,328 | $53,062 |
| 2024 | $2,912 | $74,390 | $21,328 | $53,062 |
| 2023 | $2,930 | $74,390 | $21,328 | $53,062 |
| 2022 | $2,468 | $60,445 | $21,328 | $39,117 |
| 2021 | $2,468 | $60,445 | $21,328 | $39,117 |
| 2020 | $2,469 | $60,445 | $21,328 | $39,117 |
| 2019 | $2,477 | $60,445 | $21,328 | $39,117 |
| 2018 | $2,053 | $50,110 | $21,328 | $28,782 |
| 2017 | $2,060 | $50,110 | $21,328 | $28,782 |
| 2016 | $1,931 | $46,800 | $15,360 | $31,440 |
| 2015 | $1,933 | $46,800 | $15,360 | $31,440 |
| 2014 | $1,935 | $46,800 | $15,360 | $31,440 |
| 2013 | -- | $46,800 | $15,360 | $31,440 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2025 11/12/25 | Pending | -- | -- | -- |
| 10/29/2025 10/29/25 | Price Changed | $275,000 | -16.4% | $58 / Sq Ft |
| 09/29/2025 09/29/25 | For Sale | $329,000 | 0.0% | $69 / Sq Ft |
| 09/27/2025 09/27/25 | Pending | -- | -- | -- |
| 07/18/2025 07/18/25 | For Sale | $329,000 | -- | $69 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
Source: Columbus Board of REALTORS® (GA)
MLS Number: 222333
APN: 027-017-034
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