2601 S Jackson, Albany, GA 31701
Local realty services provided by:ERA All In One Realty
Listed by: tambi wingate williams
Office: cobblestone realty partners
MLS#:165307
Source:GA_SWGBR
Price summary
- Price:$685,000
- Price per sq. ft.:$55.31
About this home
Exceptional 18-Unit Multifamily Investment Portfolio with Additional Development Potential! Rare opportunity to acquire 9 duplexes totaling 18 residential units, with every unit featuring a highly rentable 2-bedroom, 1-bathroom floor plan. This portfolio provides investors with 36 total bedrooms and 18 bathrooms and offers the advantage of acquiring substantial rental scale in a single transaction. The properties are already producing immediate rental income, while offering additional upside through lease-up, rent optimization, and continued property improvements. Several vacant units have been renovated and are move-in ready, allowing a new owner the opportunity to increase occupancy and revenue without extensive upfront renovations. The roofs are approximately 6 years old, reducing exposure to one of the larger capital expenses associated with multifamily ownership. Adding even more value to the package is an additional vacant lot zoned CR-4, providing potential for future multifamily development and expansion, subject to applicable zoning and approvals. Current monthly rental income is approximately $6,115, with additional income potential as vacant units are leased and the portfolio is stabilized. This is an excellent opportunity for a buy-and-hold investor, multifamily operator, portfolio investor, or 1031 exchange buyer seeking immediate cash flow combined with significant value-add and future development potential. 18 units. 9 duplexes. 36 bedrooms. Additional development lot. One investment package. Contact today for additional property information, rent roll, financial details, and showing availability....
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Home facts
- Year built:1968
- Subdivision & Development:Flintside
- Listing ID #:165307
- Added:461 day(s) ago
- Updated:October 22, 2026 at 04:54 PM
Rooms and interior
- Bedrooms:18
- Total bathrooms:9
- Full bathrooms:9
- Flooring:Vinyl
- Living area:12,384 sq. ft.
Structure and exterior
- Year built:1968
- Building area:12,384 sq. ft.
- Lot area:1.95 Acres
- Lot Features:Flood Zone, Paved Road
- Architectural Style:Duplex
- Construction Materials:Brick
- Levels:1 Story
Utilities
- Water:Albany Utilities
- Sewer:Albany Utilities
Finances and disclosures
- Price:$685,000
- Price per sq. ft.:$55.31
- Tax amount:$3,615 (2025)
Parking
- Parking description:Driveway Only
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