400 S Center St Thomaston, GA 30286
Estimated payment $5,900/month
Highlights
- No HOA
- Central Heating and Cooling System
- Ceiling Fan
- Property is near shops
About This Home
Prime 10-Unit Multifamily Investment Opportunity - Turnkey & Cash-Flow Ready! Steps to Beautiful downtown Thomaston GA, the sweet spot of West Central GA. Welcome to your next high-performance investment property-a meticulously maintained 10-unit apartment complex spread across two solid buildings, offering excellent income potential and long-term value in a sought-after rental market. Unit Breakdown: 8 spacious units - 2 Bedrooms, 2 Bathrooms 2 thoughtfully designed units - 2 Bedrooms, 1 Bathroom Each unit is individually metered, professionally managed, and features modern layouts with ample natural light, functional kitchens, generous living areas, and private outdoor space (varies by unit). Recent upgrades and proactive maintenance ensure peace of mind for owners and tenants alike. Highlights: Strong rent roll & upside potential Low vacancy history Separate buildings allow flexibility in management or future condo conversion Off-street parking and on-site laundry (optional to add or enhance) Desirable tenant mix and walkable location near transit, shops, and schools Whether you're a seasoned investor looking to grow your portfolio or a 1031 exchange buyer seeking a stable, low-maintenance asset, this property checks all the boxes. With demand high for quality multifamily rentals, this is your opportunity to secure 10 doors of dependable income. Don't miss out-contact us today for the full financials, rent roll, and to schedule your private tour!
Listing Agent
Century 21 Adams-Harvey & Associates License #316072 Listed on: 07/31/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,550
Year Built
- Built in 1987
Home Design
- Block Foundation
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
Basement
- Exterior Basement Entry
- Crawl Space
Parking
- 25 Parking Spaces
- Parking Pad
- Over 1 Space Per Unit
- Off-Street Parking
- Assigned Parking
Schools
- Upson-Lee Elementary School
- Upson Lee Middle School
- Upson Lee High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- 0.5 Acre Lot
- Property is near shops
Community Details
- No Home Owners Association
- 10 Units
Listing and Financial Details
- Tax Lot 217
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/09/2025 10/09/25 | For Sale | $1,000,000 | 0.0% | -- |
| 10/02/2025 10/02/25 | Pending | -- | -- | -- |
| 07/31/2025 07/31/25 | For Sale | $1,000,000 | -- | -- |
Source: Georgia MLS
MLS Number: 10575033
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