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Historic Victorian Multi-Family Property

715 Broadway Columbus, GA 31901

715 Broadway, Columbus, GA, 31901
$795,000
For Sale
$795,000

MULTI_FAMILY - Columbus, GA

Property Size3,915 SF
Lot Size0.15 Acres
Price / SF$203.07
Days on Market26

Property Features for 715 Broadway

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
4
Rooms
Bedroom 1, Bedroom 3, Bedroom 5, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 4
Parking features
Driveway, On Street
Appliances
Dishwasher, Range, Refrigerator
Standard status
Active
APN
003 015 007
Size
3,915 SF
Lot size
0.15 Acres

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public

Building Details

Year built
1926
Number of units
3
Flooring type
Hardwood
Building materials
Frame
Listing Agency Keller Williams Realty River Cities
6053 VETERANS PKWY STE 200, Columbus, GA
Listed by Kim Mixon · License #000077807-0
Added: Jun 24 Checked: Jul 19 at 2:06 am
MLS# 228129 Listing URL

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.

Located on Broadway in Columbus' Historic District, this circa 1890s Victorian property offers character and flexibility. Configured as a multi-family property, it can continue as an income-producing investment or be converted back to a single-family residence. The main level, approximately 1,979 square feet, features 2 bedrooms, 2 baths, a living room, formal dining room, kitchen with cabinet storage, and a breakfast area. One bedroom includes an ensuite bath. Original fireplaces anchor nearly every room, with hidden features including laundry concealed behind a fireplace in the hall bath and a closet hidden behind the fireplace in the ensuite bath. Original hardwood floors, millwork, ceilings, windows, and solid wood pocket doors highlight the home's craftsmanship. Upstairs includes two separate units: the front unit, approximately 852 square feet, offers a living area, updated kitchen, 1 bedroom and 1 bath; the rear unit, approximately 1,084 square feet, features 2 bedrooms, 1 bath, kitchen, and a sunroom living area. The exterior was painted in 2025, and a new roof was installed in 2024. Some windows have been updated. The property includes a front porch overlooking Broadway, off-street parking, and detached storage. It is located near Uptown dining, shopping, the RiverWalk, and entertainment. The lot size is 0.15 acres, and the property size is 3,915 square feet. There is 1 gas, power & water meter.

Key Highlights

  • Multi‑family configured; can also be converted back to a single‑family residence
  • Main level approx. 1,979 SF with 2 bedrooms, 2 baths, large living room, formal dining, kitchen, and breakfast area
  • Upstairs units include approx. 852 SF front unit (1 bed, 1 bath) and approx. 1,084 SF rear unit (2 beds, 1 bath) plus sunroom living area

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $54.0k $13.80
− Vacancy −$3.3k −$0.85
EGI $50.7k $12.95
− OpEx −$15.2k −$3.88
NOI $35.5k $9.06
3,915 SF · lease $13.80/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$506.9K
$443.6K – $591.4K (±1% cap)
NOI $35,485 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$448.7K
$392.6K – $523.5K (±1% cap)
NOI $31,407 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$876.0K
$766.5K – $1.02M (±1% cap)
NOI $61,319 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Veterinary Clinic (Bike/Boat/Book/etc) Store Plumbing Service Tech Support Center Acupuncture Dental Office (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service Restaurant

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

FAQs

What type of property is this?
Triplex - Circa 1890s Victorian in Columbus' Historic District.
Where is this triplex located?
The property is located at 715 Broadway Columbus, GA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Multi‑family configured; can also be converted back to a single‑family residence; Main level approx. 1,979 SF with 2 bedrooms, 2 baths, large living room, formal dining, kitchen, and breakfast area; Upstairs units include approx. 852 SF front unit (1 bed, 1 bath) and approx. 1,084 SF rear unit (2 beds, 1 bath) plus sunroom living area
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