$2,195,000

700 1st St SW Unit 22 Moultrie, GA 31768

Estimated payment $12,618/month

-- Bed
-- Bath
23,916 Sq Ft
$92 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Ceiling Fan
  • Brick Veneer

About This Home

22-unit turnkey multifamily investment opportunity in Moultrie with 100% occupancy and strong cash flow. Six buildings across three contiguous parcels totaling approximately 23,916 SF. Unit mix includes fourteen 2BR/1BA units, four 3BR/2BA units, three 1BR/1BA units, and one studio unit, providing diversification across multiple tenant demographics and maximizing leasing demand. Current rents total $19,865/month with ability to bump to market rates of $22,530/mo. All units have been updated with LVP flooring, fresh paint, central HVAC, and upgraded fixtures/appliances while maintaining historic character and oversized floorplans. The property offers a unique, controlled residential setting on a quiet dead-end public street with no through traffic. Individually metered units with tenants direct billed by utility providers. Moultrie and Colquitt County continue to benefit from positive economic growth, expanding employers, and increased regional investment that support a strong multifamily rental market. Offered at $2,195,000 with projected cap rates of 7.06% current and 8.01% pro forma - rent roll, financials, and full offering memorandum available to qualified prospects.

Listing Agent

John Courson

COLDWELL BANKER PREMIER REAL E Brokerage Phone: 2292443535 License #342868 Listed on: 05/11/2026

COLDWELL BANKER PREMIER REAL E

Co-Listing Agent

Autumn Wibright

COLDWELL BANKER PREMIER REAL E Brokerage Phone: 2292443535 License #452708

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,806

Home Design

  • Brick Veneer
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 23,916 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Additional Features

  • 1.75 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Moultrie Subdivision

Listing and Financial Details

  • Assessor Parcel Number multi

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,806

Lot Details

1.75 Acres

Listing Details

  • Property Sub Type: Multi Unit
  • Prop. Type: Residential Income
  • Road Frontage Type: None
  • Lot Size Acres: 1.75
  • Lot Size: see acreage
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: 24
  • Co List Office Phone: 229-244-3535
  • Subdivision Name: Moultrie
  • Directions: From downtown Moultrie, travel south 0.5 miles on 1st Street SW. Property is at intersection of 7th Ave SW and 1st St SW (on both sides south of 7th until dead end).
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Attribution Contact: 2292443535
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Other
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 23916

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Brick Veneer, Frame, Vinyl Siding
  • Exterior Features: None
  • Roof: Metal

Garage/Parking

  • Parking Features: Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 76230
  • Parcel #: multi
  • Zoning: R-3

Tax Info

  • Tax Annual Amount: 10806
  • Tax Year: 2025

Map

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Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2026 05/11/26 For Sale $2,195,000 -- $92 / Sq Ft
Source: South Georgia MLS

Source: South Georgia MLS

MLS Number: 153644

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