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Executive Summary
Strong investment opportunity in the heart of Moultrie, GA! 515 5th Avenue SE is a solid masonry-built quadplex featuring four spacious 2BR/1BA units (±950 sq ft each). Units lease at ±$900/unit and significant upside with market comparables supporting ±$1,200/unit. Each unit is individually metered and direct billed by utility companies. Tenants enjoy ample off-street parking and a central location just blocks from historic downtown Moultrie - close to shopping, restaurants, major employers, schools, churches, and entertainment. Perfect for investors seeking stable cash flow with value-add potential, or for owner-occupants who want to live in one unit and lease the other three to offset or even eliminate housing costs. This quadplex can be purchased individually or as part of a package deal with two other sister quad properties owned by the same seller - one next door and another just blocks away (521 5th Avenue SE, MLS # & 713 5th Avenue SE, MLS # ). Moultrie / Colquitt County is thriving and the leader for steady growth in southwest Georgia. Close to Interstate(s) I-75 and I-10 and growth-minded leadership make the community a favorable place for professionals and families seeking convenience and value in a small town setting.
Property Facts
| Price | $477,320 CAD | Building Class | C |
| Price Per Unit | $119,330 CAD | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 3,870 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1940 |
| Property Subtype | Apartment | Parking Ratio | 2.07/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | C1T - Commercial - Multi-family allowed | ||
| Price | $477,320 CAD |
| Price Per Unit | $119,330 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 3,870 SF |
| No. Stories | 2 |
| Year Built | 1940 |
| Parking Ratio | 2.07/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C1T - Commercial - Multi-family allowed |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Ceiling Fans
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Den
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | M035-019 | Improvements Assessment | $52,193 CAD |
| Land Assessment | $6,992 CAD | Total Assessment | $59,185 CAD |
Property Taxes
Parcel Number
M035-019
Land Assessment
$6,992 CAD
Improvements Assessment
$52,193 CAD
Total Assessment
$59,185 CAD
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515 5th Ave SE
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