Two-Unit
For Sale
$175,000
4 Montclair Court, Columbus, GA 31907
Residential Income, Columbus, GA
Property Size1,918 SF
Lot Size0.26 Acres
Price / SF$91.24
Days on Market52
Property Features for 4 Montclair Court
General Information
Property type
Residential Multi Family
Property subtype
Other
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.
Subdivision
Muscogee
Standard status
Active
APN
088027078
Size
1,918 SF
Lot size
0.26 Acres
Building Details
Year built
1984
Number of units
2
Flooring type
Laminate
Building materials
Block
Listing Agency:
Coldwell Banker / Kennon, Parker, Duncan & Davis · Coldwell Banker Real Estate
(706) 256-1000
Listed By:
Lamar Fields · License #266466
(706) 593-8077
Added: Aug 17
Changed: Sep 28
Last Checked: Oct 7 at 5:06PM
MLS# 233648
Copyright © 2026 Columbus Board of Realtors (GA). 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 block-construction duplex contains 1,918 square feet across two residences. Each unit has two bedrooms, one and a half bathrooms, a functional floor plan, laminate flooring, and a separate entrance. The property occupies a 0.26-acre lot.
One residence is leased, while the other is vacant. The vacant unit may be occupied or leased, and both units are available for viewing during due diligence or inspection.
One residence is leased, while the other is vacant. The vacant unit may be occupied or leased, and both units are available for viewing during due diligence or inspection.
Key Highlights
- Two residences, each configured with 2 bedrooms and 1.5 bathrooms
- 1,918 square feet of building area on a 0.26‑acre lot
- One unit leased; the other is vacant
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - The property combines one occupied residence with a second unit available for occupancy or leasing.
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 residences, each configured with 2 bedrooms and 1.5 bathrooms; 1,918 square feet of building area on a 0.26‑acre lot; One unit leased; the other is vacant
