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Thomson, GA Fourplex Investment
For Sale
$320,000

103 Grady Street, Thomson, GA 30824

MULTI_FAMILY - Thomson, GA

Property Size4,784 SF
Lot Size0.39 Acres
Price / SF$66.89
Days on Market93

Property Features for 103 Grady Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning B2
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Bedroom 7, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 8, Bedroom 1
Parking features Parking Lot
Patio and Porch features Porch
Interior features High Ceilings
Appliances Refrigerator, Range
Lot features Corner Lot
Elementary school Thomson
Middle school Thomson
High school THOMSON
Directions From Main Street in Thomson, turn on Milledge Street, then left on Grady. Property will be on the right.
Standard status Active
APN 0t150008
Size 4,784 SF
Lot size 0.39 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 103 Grady Street
Tax Annual Amount 2299
Legal Description 103 Grady Street

Utilities

Heating system Baseboard, Electric (Heating), Heat Pump (Heating)
Cooling system Wall/Window Unit(s), Heat Pump, Central Air, Window Unit(s)
Water source Public

Building Details

Year built 1965
Floors in Building 2
Number of units 4
Flooring type Vinyl, Carpet
Building materials Block, Aluminum Siding, Stucco
Roof type Shingle
Listing Agency: Coldwell Banker-Watson & Knox Real Estate
Listed By: Robert Cort · License #353256
Added: May 11 Changed: Aug 10 Last Checked: Aug 11 at 9:06PM
MLS# 100572885

Copyright © 2026 Hive 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 fully occupied fourplex in Thomson, Georgia, presents a strong investment opportunity. The property features four units, each with two bedrooms and one bathroom. Situated on a corner lot, the property offers easy access and good visibility. A new roof has been installed. Individual power meters allow tenants to pay their own electricity. The current monthly rent roll is $2,875, indicating positive cash flow with potential for future rent optimization. The property is located close to downtown amenities, schools, and major routes, ensuring steady rental demand. The property size is 4784 square feet and the lot size is 0.39 acres. The zoning is B2.

Key Highlights

  • Fully occupied 4‑plex with four 2‑bedroom/1‑bath units in Thomson
  • Corner lot with a porch and parking lot parking
  • Tenants have individual power meters (tenants pay their own electricity)

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Locksmith Storage Facility Furniture & Home Goods Bakery

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
100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

556
Businesses Nearby

Demographics for 30824, GA

16,832
Population
7,548
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
87%
High-School Grad
191.7 sq mi
ZIP Area
88
Density / Sq Mi
$54,214
Median Household Income
$35,804
Median Earnings
$810
Median Rent
$158,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Quadplex - Fully occupied fourplex in Thomson, GA with positive cash flow.
Where is this quadplex located?
The property is located at 103 Grady Street Thomson, GA.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Fully occupied 4‑plex with four 2‑bedroom/1‑bath units in Thomson; Corner lot with a porch and parking lot parking; Tenants have individual power meters (tenants pay their own electricity)
More about this property
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