Two-Unit Duplex
For Sale
$175,000
4 Montclair Court, Columbus, GA 31907
Commercial Sale, Columbus, GA
Property Size1,918 SF
Lot Size0.26 Acres
Price / SF$91.24
Days on Market59
Property Features for 4 Montclair Court
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Level
Directions
Heat South on I-185 to St. Mary's Rd. Take exit 3 from I-185 S. Continue on St. Mary's Rd, Take Leary Ave. to Montclair Ct. Property is on the Rt.
Standard status
Active
APN
088 027 078
Size
1,918 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1803
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Amenities
private entrances
Building Details
Year built
1984
Building materials
Block
Listing Agency:
Coldwell Banker Kennon & Parker · Coldwell Banker Real Estate
(706) 256-1000
Listed By:
Lamar Fields · License #266466
(706) 593-8077
Added: Aug 10
Changed: Sep 12
Last Checked: Oct 7 at 5:06PM
MLS# 10829817
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Built in 1984, this duplex contains two 2-bedroom, 1.5-bathroom units within 1,918 square feet. Each residence has a functional layout and its own private entrance. One unit is leased, while the other is vacant and market-ready, providing flexibility for continued leasing or owner occupancy.
The property sits on a 0.26-acre lot and features block construction, central heating, central air, and electric systems. Public water and public sewer serve the property, with water available as a listed utility.
The property sits on a 0.26-acre lot and features block construction, central heating, central air, and electric systems. Public water and public sewer serve the property, with water available as a listed utility.
Key Highlights
- Two 2‑bedroom, 1.5‑bathroom units totaling 1,918 square feet
- One unit leased; second unit vacant and market‑ready
- Private entrance for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,387
Cap Rate
8.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,740
$307.7K
Cap Rate 7%
$219,814
$219.8K
Cap Rate 9%
$170,967
$171.0K
Market Conditions
NOI Build-Up for 1,918 SF
Gross rent
$29.9K $15.60/SF
− Vacancy
−$1.9K −$1.01/SF
EGI
$28.0K $14.59/SF
− OpEx
−$12.6K −$6.56/SF
NOI
$15.4K $8.02/SF
Area
Columbus, GA
Vacancy
6.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,740
Cap Rate 7%
$219,814
Cap Rate 9%
$170,967
Alternative Uses
Best Use
Multifamily LT 5
$248.4K
$217.3K – $289.8K
NOI $17,385 @ 7.0% cap · market cap 9.93%
Second Best
Apartment 5plus
$219.8K
$192.3K – $256.5K
NOI $15,387 @ 7.0% cap · market cap 8.79%
Theoretical Best
Office A
$429.2K
$375.5K – $500.7K
NOI $30,041 @ 7.0% cap · market cap 17.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
213
Businesses Nearby
Explore this area
Business Placement
Demographics for 31907, GA
60,557
Population
25,710
Households
2.4
Avg Household Size
37
Median Age
23%
College-Educated
91%
High-School Grad
23.8 sq mi
ZIP Area
2,544
Density / Sq Mi
$52,620
Median Household Income
$33,726
Median Earnings
$1,103
Median Rent
$142,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Block construction with private entrances, central air, and a mix of occupied and vacant residential space.
Where is this duplex located?
The property is located at 4 Montclair Court Columbus, GA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1.5‑bathroom units totaling 1,918 square feet; One unit leased; second unit vacant and market‑ready; Private entrance for each residence
