512 Cherry Ave Albany, GA 31701
Ragsdale NeighborhoodEstimated payment $405/month
Highlights
- Covered Patio or Porch
- Central Air
- 1-Story Property
- Ceramic Tile Flooring
- Wood Siding
About This Home
Prime investment opportunity in Albany! This duplex at 512 Cherry Avenue offers immediate upside with one unit already fully renovated and rent-ready, while the other side provides value-add potential for increased cash flow. The updated unit features modern finishes and is ideal for attracting quality tenants at market rent. Investors will appreciate the flexibility to generate income right away while completing renovations on the second unit to maximize returns. Whether you're looking to house-hack, expand your rental portfolio, or capitalize on a fix-and-hold strategy, this property checks all the boxes. Conveniently located near local amenities, schools, and major roadways, this property is positioned for strong rental demand. Don't miss this chance to secure a partially renovated income-producing asset with built-in equity potential!
Listing Agent
Select Realty Partners Of Georgia Brokerage Email: 2294395033, Broker.SRPP@Gmail.com License #441251 Listed on: 04/03/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $438
Year Built
- Built in 1920
Home Design
- Metal Roof
- Wood Siding
- Wood Trim
Interior Spaces
- 7,500 Sq Ft Home
- 1-Story Property
- Ceramic Tile Flooring
- Crawl Space
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- Driveway
- Open Parking
Additional Features
- Covered Patio or Porch
- 7,405 Sq Ft Lot
- Central Air
Community Details
- Ragsdale Subdivision
Listing and Financial Details
- Tax Lot 7/16
- Assessor Parcel Number 000HH/00026/022
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 | $747 | $14,760 | $1,480 | $13,280 |
| 2024 | $747 | $14,760 | $1,480 | $13,280 |
| 2023 | $688 | $14,760 | $1,480 | $13,280 |
| 2022 | $690 | $14,760 | $1,480 | $13,280 |
| 2021 | $640 | $14,760 | $1,480 | $13,280 |
| 2020 | $641 | $14,760 | $1,480 | $13,280 |
| 2019 | $209 | $14,760 | $1,480 | $13,280 |
| 2018 | $0 | $14,760 | $1,480 | $13,280 |
| 2017 | $602 | $14,760 | $1,480 | $13,280 |
| 2016 | $603 | $14,760 | $1,480 | $13,280 |
| 2015 | $604 | $14,760 | $1,480 | $13,280 |
| 2014 | $597 | $14,760 | $1,480 | $13,280 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/03/2026 04/03/26 | For Sale | $69,000 | -- | $9 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $12,000 | -- | |
| Warranty Deed | $7,200 | -- | |
| Deed | $16,900 | -- | |
| Deed | -- | -- | |
| Warranty Deed | $19,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Albany Board of REALTORS®
MLS Number: 168856
APN: 000HH-00026-021
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Ask me questions while you tour the home.