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$185,000 Sold

2109 12th Ave, Columbus, GA 31901, USA

4 bd 4 ba 2,547 sq ft 0.16 acres
Sold $185,000 on October 22, 2025
2109 12th Ave, Columbus, GA 31901, USA
4 bd 4 ba 2,547 sq ft 0.16 acres
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$181,000 Estimated Value $162,900 – $199,100 Based on 6 similar sales
8.3 mo Absorption Rate Buyer's Market 71 active · 8.6/mo sold
94.0% List-to-Sale Ratio Sellers get close to asking
71 Avg Days on Market Longer time to sell

Sold for $185,000 on October 22, 2025

Est. today $181,000 $4,000 (-2.2%)

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At today's 6.5% rate with 10% down, a buyer would pay ~$1,030/mo for a home at this value.

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2109 12th Ave, Columbus, GA 31901, USA

Description

nvestor Special – Quadplex in Columbus, GA. Four units, each with 1 bedroom and 1 bathroom. Long-term tenants are currently in place in Units A and B at $550 each. Unit C has been fully renovated and is ready to lease at $650. Unit D was recently updated and is tenant-occupied at $625 with a one-year lease in place. Roofs were replaced in 2024, and updates include new appliances, water heaters, flooring, and more. Gross stabilized rents are $2,375 per month, with an estimated net cash flow of approximately $613 per month. Current cap rate is 10.7 percent with a projected cash-on-cash return of about 17 percent annually. With market rents for one-bedroom units in Columbus averaging $700 to $750, there is upside potential to increase rents by $100 per unit or more, pushing the cap rate above 12.5 percent. This fully occupied quadplex has been well maintained and is located just seven minutes from downtown. Each unit includes heating and air via window units. Tenants pay all utilities except water. Units C and D were fully renovated in 2025. This is a strong cash-flowing asset with low vacancy risk in a high-demand rental market. Seller is motivated and open to offers.

Property Details

Property Type
Residential Income
Bedrooms
4
Bathrooms
4
Living Area
2,547 sq ft
Lot Size
0.16 acres
Year Built
1941
Subdivision
East Highland
County
Muscogee
Sold Price
$185,000
Sold Date
October 22, 2025
Last List Price
$187,500
Last List Date
April 30, 2025

Price History

  1. Sold MLS# 220846 $185,000
  2. Price Reduced MLS# 220846 $187,500 -$2,500
  3. Listed MLS# 220846 $187,500

Location

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