Multifamily Apartment
For Sale
Contact for pricing
Pending
401 32nd St, Columbus, GA 31904
Renovated multifamily property with 40 residential units, including multifamily, duplex, and single-family configurations.
Property SizeContact for details
Days on Market148
Property Features for 401 32nd St
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Multifamily Units
40
Listing Agency:
23 Realty Advisors
Listed By:
Kory Pryor · License #GA 233371
Source:
Crexi
Added: Apr 12
Changed: Aug 26
Last Checked: Aug 31 at 12:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 23 Realty Advisors
Investment Insights
Based on property information with market context.
The property is a multifamily apartment building offering 40 total residential units. The mix includes 20 traditional multifamily units, 16 duplex units, and four single-family units. The property renovations have recently been completed, and the updates support continued rent increase and stabilization.
The offering is presented as a value-add investment opportunity. Existing management is in place, which is intended to support ease of absentee ownership. The asset can be purchased free and clear of existing debt, with the remarks noting low debt service costs in a low interest rate environment.
The offering is presented as a value-add investment opportunity. Existing management is in place, which is intended to support ease of absentee ownership. The asset can be purchased free and clear of existing debt, with the remarks noting low debt service costs in a low interest rate environment.
Key Highlights
- Renovations recently completed, supporting continued rent increase and stabilization
- 40 total residential units: 20 traditional multifamily units, 16 duplex units, and 4 single‑family units
- Value‑add investment with below market rents
Property Analytics
Property Profile
Current Use
Lease Details
40
Residential units
Location Intelligence
Trade Area within ½ mile
487
Businesses Nearby
Explore this area
Business Placement
Demographics for 31904, GA
36,947
Population
15,947
Households
2.3
Avg Household Size
39
Median Age
31%
College-Educated
88%
High-School Grad
27.5 sq mi
ZIP Area
1,344
Density / Sq Mi
$65,625
Median Household Income
$42,573
Median Earnings
$1,036
Median Rent
$216,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated multifamily property with 40 residential units, including multifamily, duplex, and single-family configurations.
Where is this apartment building located?
The property is located at 401 32nd St Columbus, GA.
What are key features of this property?
This property features: Renovations recently completed, supporting continued rent increase and stabilization; 40 total residential units: 20 traditional multifamily units, 16 duplex units, and 4 single‑family units; Value‑add investment with below market rents
