$525,000
PENDING $173K PRICE DROP

Estimated payment $3,441/month

Total Views 5,633
24 Beds
24 Baths
13,296 Sq Ft
$39 Price per Sq Ft

Highlights

  • No HOA
  • Partially Fenced Property
  • Wall Furnace

About This Home

BACK ON THE MARKET! Don't miss this second chance to own a high producing, income generating apartment complex! Previously under contract, this property is back on the market due to buyers financing falling through. Act fast to secure this incredible investment opportunity! This 24-unit apartment complex features (12) 1 bedroom - 1 bath units, and (12) Studio apt units. This complex is a fantastic investment opportunity and ideal for any investors seeking to diversify and strengthen their portfolio with a stable, income-generating property. Already boasting a 100% occupancy rate ensures immediate rental income. Don't miss out on this exceptional opportunity to secure a profitable investment. Conveniently located close to the State Capital and Farish St Historic District. Call today to learn more and schedule a viewing!

Listing Agent

Terri Jones

Simply Realty License #B18000 Listed on: 06/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,728

Year Built

  • Built in 1964

Lot Details

  • 0.52 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence

Parking

  • Parking Pad

Home Design

  • Block Foundation
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 13,296 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 24 Full Bathrooms

Schools

  • Power Apac Elementary School
  • Bailey Magnet Middle School
  • Lanier High School

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Community Details

  • No Home Owners Association
  • 24 Units
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0079-0025-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,728

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Unit Levels: Two
  • Prop. Type: Residential Income
  • Structure Type: Multi Family
  • Year Built: 1964
  • Lot Size Acres: 0.52
  • Subdivision Name: Metes And Bounds
  • Directions: N. Lamar St to E. Hamilton to Bloom St. across the street from school
  • New Construction: No
  • General Property Information:New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 24
  • Total Bedrooms: 24
  • Furnished: No

Exterior Features

  • Exterior Features: See Remarks
  • Fencing: Chain Link, Partial
  • Foundation Details: Block, Slab
  • Roof: Asphalt Shingle
  • Waterfront Features: None
  • Waterfront: No
  • General Property Information:Accessibility Features: No
  • Exterior Features:See Remarks20: Yes
  • Waterfront Features:None7: Yes

Garage/Parking

  • Parking Features: Parking Pad
  • Attached Garage: No
  • Parking Features:Parking Pad: Yes

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric, Wall Furnace
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public
  • Heating:Electric2: Yes
  • Heating:Wall Furnace: Yes

Association/Amenities

  • Tax and Financial Information:Association: No

Schools

  • Elementary School: Power Apac
  • High School: Lanier
  • Middle Or Junior School: Bailey Magnet

Lot Info

  • Parcel #: 0079-0025-002
  • Lot Size Sq Ft: 22651.2

Tax Info

  • Tax Annual Amount: 7728.0
  • Tax Year: 2023

Multi Family

  • Number Of Units Total: 24

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
08/30/2025 08/30/25 Pending -- -- --
08/20/2025 08/20/25 Price Changed $525,000 -8.7% $39 / Sq Ft
07/30/2025 07/30/25 Price Changed $575,000 -11.4% $43 / Sq Ft
06/13/2025 06/13/25 For Sale $649,000 0.0% $49 / Sq Ft
05/20/2025 05/20/25 Pending -- -- --
05/10/2025 05/10/25 Price Changed $649,000 -3.9% $49 / Sq Ft
03/15/2025 03/15/25 Price Changed $675,000 -3.2% $51 / Sq Ft
02/18/2025 02/18/25 For Sale $697,500 0.0% $52 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
12/19/2024 12/19/24 For Sale $697,500 0.0% $52 / Sq Ft
09/11/2024 09/11/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $697,500 -7.0% $52 / Sq Ft
01/17/2020 01/17/20 Sold -- -- --
12/13/2019 12/13/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $750,000 +114.3% $435 / Sq Ft
05/11/2018 05/11/18 Sold -- -- --
03/29/2018 03/29/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $350,000 -- $203 / Sq Ft
Source: MLS United

Source: MLS United

MLS Number: 4090643

MLS United

APN: 0079 0025 002