$500,000
$199K PRICE DROP

2151 Eatonton Rd Unit A Madison, GA 30650

Estimated payment $2,862/month

Total Views 17,465
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • 1-Story Property
  • Central Heating and Cooling System
  • Morgan County Primary School Rated A-

About This Home

Investment Opportunity - 6% Cap Rate | Long-Term Tenants | Turnkey Property This exceptional commercial property presents an outstanding investment opportunity in Madison's sought-after business corridor-just minutes from the charming Madison Historic District and convenient to I-20 and Athens. Offering a strong 6% cap rate and long-standing, model tenants under three-year leases, this building provides steady income with triple-net leases and low operating expenses-ideal for investors seeking a reliable, hassle-free return. The smart dual-side design includes four private offices on each side, connected by a welcoming central foyer that naturally divides the space. Each side is equipped with its own break room and kitchenette plus private rear entry, offering flexibility for two independent tenants or one larger operation. A shared conference room enhances functionality for meetings or collaborative use. Totaling approximately 3,000 square feet, the property features eight private offices, one full bath, and two half baths. Major improvements include a newer roof, updated HVAC systems, and fresh interior paint, all contributing to reduced maintenance and strong tenant satisfaction. The seller is also offering a $10,000 flooring allowance, allowing future customization or aesthetic upgrades to suit tenant preferences and further increase appeal. Ample on-site parking supports multiple businesses and their clients with ease. With its strong financials, prime Madison location, and professional, long-term tenants already in place, this property is a turnkey investment ready for a new owner to step in and enjoy consistent income and appreciation potential.

Listing Agent

Monica Greene

eXp Realty License #430834 Listed on: 09/04/2025

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,883

Year Built

  • Built in 2005

Home Design

  • Brick Exterior Construction

Parking

  • Parking Pad
  • Side or Rear Entrance to Parking

Schools

  • Morgan County Primary/Elementa Elementary School
  • Morgan County Middle School
  • Morgan County High School

Additional Features

  • 1-Story Property
  • 3,049 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 8

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $3,000
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,883

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2005
  • Levels: One
  • Lot Size Acres: .07
  • Structure Type: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Pad, Side/Rear Entrance

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Billing Prorated, Water Billing Prorated
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Morgan County Primary/Elementa
  • High School: Morgan County
  • Middle School: Morgan County

Lot Info

  • Land Lot: 8

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2025
  • Tax Annual Amount: 2883

Multi Family

  • GrossIncome: 36000
  • InsuranceExpense: 3000
  • NumberOfUnitsTotal: 2

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2025 11/11/25 Price Changed $500,000 -9.1% --
10/18/2025 10/18/25 Price Changed $550,000 -15.3% --
10/13/2025 10/13/25 Price Changed $649,000 -7.2% --
09/04/2025 09/04/25 For Sale $699,000 -- --
Source: Georgia MLS

About the Listing Agent

Monica Greene

eXp Realty

(706) 600-4678

Section Image

As a dedicated REALTOR® with deep roots in Middle Georgia, my mission is to provide exceptional service built on trust, attention to detail, and genuine care. I believe it’s the little things that make clients feel truly valued; from clear communication to strong advocacy at the negotiation table. With a passion for helping people and a commitment to excellence, I’m here to guide you every step of the way, making your real estate journey smooth, successful, and uniquely personal.

"Hustle

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  • 303 State University Dr, Fort Valley, GA 31030

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  • 346 Grant Ave, Macon, GA 31201

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    • Land
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Source: Georgia MLS

MLS Number: 10601854

Georgia MLS