990 Center St Macon, GA 31217
Fort Hill Historic District NeighborhoodEstimated payment $1,175/month
Highlights
- 0.25 Acre Lot
- 1-Story Property
- Ceiling Fan
- No HOA
About This Home
Incredible multi-property investment opportunity in the heart of Macon! 990 Center Street, along with 980 and 982 Center Street, presents a three-property package offering a blend of two duplex units and one single-family home, all fully leased and producing consistent income. This well-performing cluster provides immediate scale and long-term stability in one of Georgia's most promising growth markets. Each property has been renovated with care, emphasizing durable brick construction and modern livability. Together, they deliver strong cash flow and low annual expenses, making them ideal for both experienced and first-time investors. Current rents remain below market, offering a clear opportunity for increased returns at lease renewal. With a projected cap rate between 9-10%, this package delivers immediate performance and long-term appreciation potential. Located in a rapidly revitalizing area, the Center Street properties benefit from proximity to downtown Macon, Mercer University, and major employers, with quick access to I-75 and local amenities. The city's expanding rental demand, affordability, and ongoing development make it a compelling destination for income-focused investors seeking reliable growth. 990 Center St is part of a fully leased, 14-door turnkey investment portfolio of single-family homes and duplexes throughout Macon. Portfolio purchase is preferred, allowing investors to acquire a curated set of renovated, income-producing properties with professional management already in place. This offering represents a rare opportunity to purchase stabilized assets in bulk or individually, combining consistent returns with scalable potential in Georgia's rising rental market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $877
Year Built
- Built in 1959
Parking
- Assigned Parking
Home Design
- Duplex
- Brick Exterior Construction
Interior Spaces
- 1-Story Property
- Ceiling Fan
Schools
- Burdell Hunt Elementary School
- Appling Middle School
- Northeast High School
Additional Features
- 0.25 Acre Lot
- Heating System Uses Natural Gas
Community Details
Overview
- No Home Owners Association
- 3 Units
- Shurling Cross Keys Subdivision
Building Details
- Gross Income $22,200
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 | $979 | $39,840 | $3,520 | $36,320 |
| 2024 | $906 | $35,688 | $3,000 | $32,688 |
| 2023 | $884 | $34,813 | $2,125 | $32,688 |
| 2022 | $739 | $21,339 | $3,612 | $17,727 |
| 2021 | $559 | $14,720 | $1,354 | $13,366 |
| 2020 | $520 | $13,384 | $1,354 | $12,030 |
| 2019 | $471 | $12,020 | $1,354 | $10,666 |
| 2018 | $917 | $6,293 | $1,354 | $4,939 |
| 2017 | $236 | $6,293 | $1,354 | $4,939 |
| 2016 | $218 | $6,293 | $1,354 | $4,939 |
| 2015 | $308 | $6,293 | $1,354 | $4,939 |
| 2014 | $120 | $6,384 | $1,445 | $4,939 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2025 10/30/25 | For Sale | $210,000 | 0.0% | -- |
| 10/21/2025 10/21/25 | Rented | $695 | 0.0% | -- |
| 09/17/2025 09/17/25 | For Rent | $695 | -18.2% | -- |
| 10/11/2024 10/11/24 | Rented | $850 | 0.0% | -- |
| 10/10/2024 10/10/24 | Price Changed | $850 | +13.3% | $1 / Sq Ft |
| 10/08/2024 10/08/24 | Price Changed | $750 | +7.1% | $1 / Sq Ft |
| 10/04/2024 10/04/24 | For Rent | $700 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | None Listed On Document | |
| Special Warranty Deed | -- | None Listed On Document | |
| Limited Warranty Deed | $151,000 | None Available | |
| Limited Warranty Deed | $19,000 | None Avilebel | |
| Deed | $17,500 | -- | |
| Warranty Deed | $56,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $147,000 | New Conventional |
Source: Georgia MLS
MLS Number: 10636479
APN: R064-0416
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