* SE 5th Avenue #*, Moultrie, GA 31768
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* SE 5th Avenue #*, Moultrie, GA 31768
* SE 5th Avenue #*, Moultrie, GA 31768
* SE 5th Avenue #*, Moultrie, GA 31768
* SE 5th Avenue #*, Moultrie, GA 31768
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Janice MacMillan

Janice MacMillan

+1(229) 834-0946
Listed by John Courson COLDWELL BANKER PREMIER REAL E
$ 960,000
Est. payment /mo
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Active

* SE 5th Avenue #* Moultrie, GA 31768

1 Bed

1 Bath

12,246 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Unit

Listing Status Active

Purchase Type For Sale

Square Footage 12,246 sqft

Price per Sqft $78

Subdivision Moultrie

MLS Listing ID 153329

Bedrooms 1

HOA Y/N No

Lot Size 0.788 Acres

Property Sub-Type Multi Unit

Property Description

Positioned in the heart of Moultrie, this 12-unit multifamily portfolio offers a rare opportunity to acquire three quadplexes in a single, streamlined transaction, ideal for investors seeking immediate scale with clear upside potential. The portfolio includes 515, 521, and 713 5th Avenue SE, all under common ownership. Two properties are located side-by-side, with the third just blocks away, creating operational efficiency and ease of management. Each building consists of four spacious 2BR/1BA units ranging from approximately 950 to 1,050 square feet, constructed with durable brick and masonry exteriors and supported by ample off-street parking. The properties have demonstrated consistent rental demand, with current rents averaging approximately $900 per unit, generating roughly $10,800 per month in gross income across the portfolio. Market comparables support rents closer to $1,200 per unit, presenting a clear path to increase gross income to approximately $14,400 per month. This portfolio is well-positioned for a value-add investor looking to improve and reposition assets to capture rental upside. Through targeted interior and exterior updates and strategic branding, investors can unlock meaningful income growth across all 12 units. Individually metered units with direct tenant billing for utilities help reduce landlord expense exposure and simplify operations. Located just minutes from historic downtown Moultrie, the properties benefit from close proximity to shopping, dining, schools, major employers, and everyday conveniences. Colquitt County continues to experience steady growth supported by business-friendly leadership and regional connectivity, including access to I-75 and I-10 corridors, making the area attractive to a broad tenant base seeking affordability and convenience. Offered as a portfolio package at $1,035,000, this is an opportunity to secure multiple income-producing assets in one closing while benefiting from portfolio-level efficiency.

Location

State GA

Area 11-Other

Zoning 2follow

Interior

Interior Features Ceiling Fan(s)

Heating Other

Cooling Wall/Window Unit(s)

Flooring Carpet, Vinyl, Luxury Vinyl

Appliance Refrigerator, Electric Range

Exterior

Exterior Feature None

Parking Features 3+ Cars

Garage Spaces 3.0

Pool None

View Y/N No

Roof Type Shingle,Architectural

Garage No

Building

Story 2

Foundation Crawl Space

Sewer Public Sewer

Water Public

Level or Stories Two

Others

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* SE 5th Avenue #*