13
See all 13 photos
$975,000
Est. payment /mo
11,900 SqFt
New
423 Mellon Street Columbus, GA 31903
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,900 sqft
Price per Sqft $81
MLS Listing ID 234567
Year Built 1963
Lot Size 0.810 Acres
Property Sub-Type Multi Family
Property Description
This 17-unit multifamily property offers an opportunity to acquire a recently renovated asset at a discount to its stabilized value while the property completes its lease-up phase. The units were extensively renovated in 2024/2025 and feature desirable two-bedroom, one-bath floor plans with approximately 700 square feet each. Current asking rents are $795 per month, with additional tenant reimbursements for water and trash providing supplemental income. The property offers investors the potential for increased cash flow and value as occupancy approaches stabilized levels.
Location
State GA
Area Muscogee
Zoning RMF-2
Interior
Heating Electric
Cooling Other-See Remarks
Flooring Vinyl
Exterior
Garage Spaces 17.0
Utilities Available Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Roof Type Asphalt
Others
Special Listing Condition Standard
Listed by Coldwell Banker / Kennon, Parker, Duncan & Davis
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION