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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
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

Property Taxes

Parcel Number
M035-019
Land Assessment
$6,992 CAD
Improvements Assessment
$52,193 CAD
Total Assessment
$59,185 CAD
  • Listing ID: 40179183

  • Date on Market: 2026-04-16

  • Last Updated:

  • Address: 515 5th Ave SE, Moultrie, GA 31768

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