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4-Unit Quadplex
For Sale
$189,900

2155 Ferguson, Macon, GA 31204

MULTI FAMILY, Macon, GA

Property Size662 SF
Price / SF$286.86
Days on Market63

Property Features for 2155 Ferguson

General Information

Property type Residential Multi Family
Property subtype Other
Appliances Electric Range
Elementary school Bibb-Taylor
Middle school Bibb-Miller
High school Central
Subdivision Bibb County
Standard status Active
Size 662 SF

Utilities

Heating system Central, Electric (Heating)
Cooling system Electric, Central Air

Amenities

guest parking

Building Details

Year built 1972
Floors in Building 1
Number of units 4
Flooring type Vinyl
Listing Agency: MAXIMUM ONE PLATINUM REALTORS
Listed By: Fallon Birch
Added: Aug 5 Changed: Sep 23 Last Checked: Oct 6 at 6:06PM
MLS# 264760

Copyright © 2026 Central Georgia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4-unit multifamily property was built in 1972 and includes four residences, each offering two bedrooms and one full bathroom. Unit interiors feature vinyl flooring, electric ranges, central air conditioning, and electric heating. The property is being offered as-is, with guest parking available.

Tenants are currently in place under month-to-month arrangements, allowing an incoming owner to continue the existing occupancy structure. The property is located at 2155 Ferguson in Macon, Georgia, within Bibb County.

Key Highlights

  • Four units, each with 2 bedrooms and 1 full bathroom
  • Built in 1972
  • Current tenants in place on month‑to‑month terms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$5,982
Cap Rate
3.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$119,640 $119.6K
Cap Rate 7%
$85,457 $85.5K
Cap Rate 9%
$66,467 $66.5K
Market Conditions
NOI Build-Up for 662 SF
Gross rent
$9.1K $13.80/SF
− Vacancy
−$590 −$0.89/SF
EGI
$8.5K $12.91/SF
− OpEx
−$2.6K −$3.87/SF
NOI
$6.0K $9.04/SF
Area
Macon, GA
Vacancy
6.46%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$119,640
Cap Rate 7%
$85,457
Cap Rate 9%
$66,467

Alternative Uses

Best Use
Multifamily LT 5
$85.5K
$74.8K – $99.7K (±1% cap)
NOI $5,982 @ 7.0% cap · market cap 3.15%
Second Best
Apartment 5plus
$78.5K
$68.7K – $91.6K (±1% cap)
NOI $5,497 @ 7.0% cap · market cap 2.89%
Theoretical Best
Healthcare Medical
$126.7K
$110.8K – $147.8K (±1% cap)
NOI $8,866 @ 7.0% cap · market cap 4.67%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Restaurant HVAC Service Gym & Fitness Center Skin Care Clinic Cafe & Coffee Shop Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

946
Businesses Nearby

Demographics for 31204, GA

30,512
Population
15,578
Households
2
Avg Household Size
38
Median Age
22%
College-Educated
84%
High-School Grad
14.6 sq mi
ZIP Area
2,090
Density / Sq Mi
$38,478
Median Household Income
$32,586
Median Earnings
$917
Median Rent
$123,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Tenant-occupied multifamily property with flexible living and income use.
Where is this quadplex located?
The property is located at 2155 Ferguson Macon, GA.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 1 full bathroom; Built in 1972; Current tenants in place on month‑to‑month terms
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