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Executive Summary
Proven multifamily opportunity in one of South Georgia’s most stable rental markets! 521 5th Avenue SE is a well-maintained, masonry-built quadplex with four spacious 2BR/1BA units averaging ±1,004 sq ft each. With current rents of $900/unit and comparable properties in the area achieving closer to $1,200/unit, there is significant room for income growth. Each unit is separately metered and residents are direct-billed for utilities—keeping operating expenses efficient for ownership. The property’s prime location -- just blocks from downtown Moultrie -- places tenants near shopping, dining, schools, employers, and community amenities. This makes it ideal for investors looking for steady cash flow with value-add potential, or for an owner-occupant who wants to live in one unit and have the other three help pay the freight. This quadplex may be purchased individually or as part of a portfolio with two other neighboring quads at 515 5th Avenue SE (MLS #146003) & 713 5th Avenue SE, (MLS #). Moultrie and Colquitt County continue to see steady growth, fueled by strong local industries, excellent schools, and convenient access to I-75 and I-10. This is a great opportunity to secure an income-producing asset in a community with long-term stability and upside.
Property Facts
| Price | $477,320 CAD | Building Class | C |
| Price Per Unit | $119,330 CAD | Lot Size | 0.25 AC |
| Sale Type | Investment | Building Size | 4,016 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1940 |
| Property Subtype | Apartment | Parking Ratio | 1.99/1,000 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 | 0.25 AC |
| Building Size | 4,016 SF |
| No. Stories | 2 |
| Year Built | 1940 |
| Parking Ratio | 1.99/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C1T - Commercial - Multi-family allowed |
Amenities
Unit Amenities
- Air Conditioning
- Ceiling Fans
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Carpet
- Porch
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | M035-020 | Improvements Assessment | $52,936 CAD |
| Land Assessment | $7,339 CAD | Total Assessment | $60,275 CAD |
Property Taxes
Parcel Number
M035-020
Land Assessment
$7,339 CAD
Improvements Assessment
$52,936 CAD
Total Assessment
$60,275 CAD
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521 SE 5th Ave
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