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    240 Neptune Ct Macon, GA 31211

    New
    For Sale
    $850,000

    MULTI_FAMILY - Macon, GA

    Lot size:
    2.38 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 5 at 7:06 am

    Property Features for 240 Neptune Ct

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    M07A00 118
    Parking
    24
    Parking features
    Off Street
    Lot size
    2.38 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1972
    Floors in Building
    2
    Number of units
    12
    Building materials
    Brick, Wood Siding

    eXp Realty (770) 361-7068 [email protected]

    Listing agent Heather Peebles (888) 959-9461

    Listing date Nov 30, 2025

    MLS# 10591765 Listing URL

    Copyright © 2025 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Macon Multifamily Investment Opportunity

    This multifamily complex, located in east Macon, offers an investment opportunity. The property consists of six townhome duplexes, totaling 12 townhomes. Most tenants are long-term occupants, with options for renewals and rent increases. One unit is currently vacant and will be listed for rent. Situated on a 2.38-acre lot, the complex is located within the Jones County school district. Tenants are responsible for their own power and water, with the owner covering trash and lawn services. The property is currently managed, and the management company is willing to continue its services. The property is to be sold as-is.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Hair Salon Clothing Store Auto Repair Shop Pharmacy Accounting Firm Auto Parts Store Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Macon
    County
    Bibb
    State
    Georgia
    Longitude
    -83.585781
    Latitude
    32.874308

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    FAQs

    What type of property is this?
    Apartment building - Multifamily complex in East Macon with long-term tenants.
    Where is this apartment building located?
    The property is located at 240 Neptune Ct Macon, GA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Multi-family complex with 12 townhomes, offering immediate rental income potential.; - Located in east Macon but zoned for Jones County schools.; - Tenants responsible for their own power and water, minimizing owner expenses.
    (888) 959-9461
    Request Owner's contact information
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    Macon, GA 31211
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    240 Neptune Ct Macon, GA 31211
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