GA
MUSCOGEE
COLUMBUS
31901
1641 16th Avenue
1641 16th Avenue, COLUMBUS, GA 31901
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Listing Type
Multi Family
Listing Status
Pending
76
$275,000

Home Details for 1641 16th Avenue

Price
$275,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
4746
Lot size acres
0.34
County
MUSCOGEE
Garage
Days on site
163
MLS Listing#
222333
Property Description

New Investment Opportunity in Midtown! Here's your chance to own a rare 6-unit multifamily property in desirable Weracoba Heights, right on the picturesque 16th Ave. This property offers INCREDIBLE POTENTIAL for a savvy investor ready to put in the work and bring this gem up to its full earning power. The main brick house holds 5 units, plus a detached cottage in the back — for a total of 6 rental opportunities. Currently, Units 1 & 5 are vacant and available for viewing, with Unit 3 expected to be available soon. The property features onsite & street parking and sits just two blocks from Lakebottom Park, in one of Columbus's most sought-after locations — convenient to everything in Midtown, Uptown, CSU, dining, shopping, and entertainment. While producing income, this property is primed for updating and repositioning. Current rents: Unit 2 at $850, Unit 3 at $925, and Unit 4 at $500. Historically, the cottage rented for $800, Unit 1 for $850, & Unit 5 for $700, bringing in $4,700/month when fully occupied. Strategic upgrades offer excellent potential to increase rents and cash flow. Part of an Estate Sale that has cleared Probate, this property does not include Rent Rolls or T12 reports. The previous owner accepted cash payments and managed the property personally well into her 90s. This is perfect for an investor who wants to create real value — renovate interiors, update systems, enhance curb appeal, and watch this asset transform into a top-of-market performer. Two storage sheds provide extra income potential. Utilities are included in the current rent prices. Opportunities like this are rare in Midtown. Get ready to roll up your sleeves and transform this hidden gem into a sparkling diamond! Schedule your private tour today — Units 1 and 5 may be viewed by appointment, with Units 2, 4, & the cottage available during Due Diligence. Please do not disturb tenants.

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Property Features
  • Heating Information
    • Electric
    • Natural Gas
  • Cooling Information
    • Window Unit(s)
  • Water Features
    • Public
Listing Courtesy: Bickerstaff Parham, LLC - 706-653-1400
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Columbus Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 Columbus Board of REALTORS®. All Rights Reserved.
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EXIT REALTY ADVANTAGE
306 S. Lewis Street, LaGrange, GA 30240
Office
706 883 6670
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