$1,000,000

400 S Center St Thomaston, GA 30286

Estimated payment $5,910/month

Total Views 3,267
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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

Shane Phillips

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,550

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • District: TENTH
  • Year Built: 1987
  • Levels: Two
  • Lot Size Acres: .50
  • Structure Type: Multi Family (5+ Units)
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Crawl Space, Exterior Entry

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Foundation Details: Block
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned, Off Street, Over 1 Space per Unit, Parking Pad
  • ParkingTotal: 25

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Sewer Connected, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Upson-Lee
  • High School: Upson Lee
  • High School Bus: Yes
  • Middle School: Upson Lee
  • Middle School Bus: Yes
  • Elementary School: Upson-Lee
  • Middle School: Upson Lee
  • High School: Upson Lee

Lot Info

  • Land Lot: 217
  • Deed Book: 1942
  • Deed Page: 293-4
  • Plat Book: 27
  • Plat Page: 108

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 24
  • Tax Annual Amount: 7550.41

Multi Family

  • NumberOfUnitsTotal: 10

MLS Schools

  • Elementary Bus Line: Yes

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

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 For Sale $1,000,000 -- --
Source: Georgia MLS

Source: Georgia MLS

MLS Number: 10575033

Georgia MLS