Estimated payment $13,162/month
Highlights
- No HOA
- Property is near schools
- Central Heating and Cooling System
- 1-Story Property
About This Home
Welcome to 86 N. Avery Road, a well-maintained 22-unit apartment complex nestled in the community of Coosa, Georgia. This single-level multifamily property offers a rare opportunity for investors seeking steady cash flow and minimal maintenance. Each unit features spacious floor plans with a mix of 1 and 2-bedroom layouts, designed for comfortable living. The single-level construction adds convenience and accessibility for all tenants, while reducing structural upkeep. Situated just minutes from downtown Rome, GA, the property benefits from proximity to shopping, dining, and major employers-yet maintains a peaceful, residential feel. Occupancy rates are high, with long-term tenants and strong rental demand in the area. Property Highlights: 22 total units; All single story construction - no stairs, easier maintenance; Solid rental history with current leases in place; On-site parking and open green space; Located in Coosa, GA - a growing community near Rome; This is a turnkey asset with immediate income and future upside.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,439
Year Built
- Built in 1985
Home Design
- Triplex
- Brick Exterior Construction
Parking
- 55 Parking Spaces
- Over 1 Space Per Unit
- Off-Street Parking
Schools
- Garden Lakes Elementary School
- Coosa Middle School
- Coosa High School
Additional Features
- 1-Story Property
- 2.44 Acre Lot
- Property is near schools
- Central Heating and Cooling System
Community Details
Overview
- No Home Owners Association
- 22 Units
- Avery Village Subdivision
Building Details
- Gross Income $18,595
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 |
|---|---|---|---|---|
| 2024 | $24,078 | $841,579 | $21,472 | $820,107 |
| 2023 | $15,440 | $538,528 | $19,520 | $519,008 |
| 2022 | $10,517 | $354,452 | $16,104 | $338,348 |
| 2021 | $10,720 | $355,164 | $14,662 | $340,502 |
| 2020 | $10,585 | $347,788 | $12,750 | $335,038 |
| 2019 | $10,272 | $341,998 | $12,750 | $329,248 |
| 2018 | $10,035 | $333,556 | $12,143 | $321,413 |
| 2017 | $10,037 | $332,931 | $11,244 | $321,687 |
| 2016 | $10,200 | $334,292 | $11,240 | $323,052 |
| 2015 | $9,699 | $401,416 | $11,240 | $390,176 |
| 2014 | $9,699 | $325,060 | $11,240 | $313,820 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2025 06/17/25 | Price Changed | $2,150,000 | -1.1% | -- |
| 03/10/2025 03/10/25 | For Sale | $2,175,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,450,000 | -- | |
| Deed | $7,400 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,160,000 | Commercial | |
| Previous Owner | $83,350 | New Conventional |
Source: Georgia MLS
MLS Number: 10475332
APN: F13Z-148
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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