$192,500
$3K PRICE DROP

Estimated payment $1,096/month

Total Views 5,322
4 Beds
4 Baths
2,547 Sq Ft
$76 Price per Sq Ft

About This Home

Excellent investment opportunity that's already cash flowing with long standing tenants. This fully occupied Quadplex has been well-maintained and is just 7 minutes from downtown. Each unit features 1 bed / 1 bath with heating and A/C via window units. All units are tenant-occupied with long-term tenants in Units A–C and a recently signed 1-year lease for Unit D. Monthly cash flow is $2,125. Tenants pay all utilities except water. Recent updates include Roofs and water heaters replaced in 2024 and Unit D fully renovated in 2025. This is a strong cash-flowing asset with low vacancy risk in a high-demand rental area. Inspections permitted only during due diligence period following accepted offer. Serious inquiries only.

Last Listed By

Melinda Kennedy

Coldwell Banker / Kennon, Parker, Duncan & Davis Brokerage Phone: 7062561000 License #409866 Listed on: 05/01/2025

Coldwell Banker / Kennon, Parker, Duncan & Davis

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • 2,547 Sq Ft Home
  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • Driveway
  • Open Parking

Utilities

  • Window Unit Cooling System
  • No Heating

Community Details

  • 4 Units
  • East Highland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 028 023 002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$900

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Attribution Contact: 7062561000
  • Directions: From University Ave, Turn Right Onto Gentian Blvd. Continue Onto Warm Springs Rd. Continue Onto Talbotton Rd. Turn Left Onto 12th Ave. Property Will Be Located On The Right.
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Lot Size Acres: 0.16
  • Subdivision Name: East Highland
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Living Area: 2547

Exterior Features

  • Lot Features: Less than 1/2 Acre
  • Waterfront: No
  • Construction Type: Frame

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Cooling: Window Unit(s)
  • Sewer: Public Sewer
  • Security: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Water

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 028 023 002

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 2125

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $900 $22,982 $11,344 $11,638
2023 $905 $22,982 $11,344 $11,638
2022 $938 $22,982 $11,344 $11,638
2021 $938 $22,982 $11,344 $11,638
2020 $867 $24,979 $5,672 $19,307
2019 $1,023 $24,979 $5,672 $19,307
2018 $1,023 $24,979 $5,672 $19,307
2017 $1,027 $24,979 $5,672 $19,307
2016 $1,176 $28,520 $5,400 $23,120
2015 $950 $23,000 $5,400 $17,600
2014 $472 $28,520 $5,400 $23,120
2013 -- $28,520 $5,400 $23,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $195,000 0.0% $77 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $195,000 +18.9% $77 / Sq Ft
03/15/2024 03/15/24 For Sale $164,000 -- $64 / Sq Ft
Source: Columbus Board of REALTORS® (GA)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $57,500 --
Warranty Deed -- --
Foreclosure Deed -- --
Warranty Deed $75,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $52,500 No Value Available
Previous Owner $74,000 Seller Take Back
Source: Public Records

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Source: Columbus Board of REALTORS® (GA)

MLS Number: 220846

Columbus Board of REALTORS® (GA)

APN: 028-023-002