Furnished Four-Unit
1444 19th Street, Columbus, GA 31901
For Sale
New
$519,900
Residential Income, Columbus, GA
Property Size3,948 SF
Lot Size0.25 Acres
Price / SF$131.69
Days on Market1
Property Features for 1444 19th Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Security features
Appliances
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Currently Operating
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Number of units
Flooring type
Building materials
Buildings
Listing Agency:
Blue Sky Realty
(706) 507-1000
Listed By:
Lee Jordan · License GA #351371
(706) 577-7160
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 235147
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.
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Investment Insights
Based on property information with market context.
This 3,948-square-foot brick quadplex dates to 1949 and sits on a 0.25-acre lot. The four-unit property is furnished and currently operates as short- and mid-term rentals. Interior features include original hardwood flooring, quartz countertops, and an entry foyer. The metal roof was installed a few years ago, electrical panels and service were recently updated, and the HVAC equipment has been serviced recently.
The property is near Lakebottom Park, hospitals, and downtown Columbus. Public water and sewer serve the site, with natural gas heat and central air conditioning.
The property is near Lakebottom Park, hospitals, and downtown Columbus. Public water and sewer serve the site, with natural gas heat and central air conditioning.
Key Highlights
- Four furnished units currently used for short- and mid‑term rentals
- 3,948‑square‑foot brick building on 0.25 acres
- Remodeled interior with quartz countertops and original hardwood floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,785
Cap Rate
6.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$715,700
$715.7K
Cap Rate 7%
$511,214
$511.2K
Cap Rate 9%
$397,611
$397.6K
Market Conditions
NOI Build-Up for 3,948 SF
Gross rent
$54.5K $13.80/SF
− Vacancy
−$3.4K −$0.85/SF
EGI
$51.1K $12.95/SF
− OpEx
−$15.3K −$3.88/SF
NOI
$35.8K $9.06/SF
Area
Columbus, GA
Vacancy
6.17%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$715,700
Cap Rate 7%
$511,214
Cap Rate 9%
$397,611
Alternative Uses
Best Use
Multifamily LT 5
$511.2K
$447.3K – $596.4K
NOI $35,785 @ 7.0% cap · market cap 6.88%
Second Best
Apartment 5plus
$452.5K
$395.9K – $527.9K
NOI $31,672 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$883.4K
$773.0K – $1.03M
NOI $61,836 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,706
Businesses Nearby
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Business Placement
Demographics for 31901, GA
7,126
Population
3,971
Households
1.8
Avg Household Size
36
Median Age
35%
College-Educated
82%
High-School Grad
4.4 sq mi
ZIP Area
1,620
Density / Sq Mi
$47,316
Median Household Income
$35,062
Median Earnings
$893
Median Rent
$208,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - The remodeled property is furnished and configured for four short- or mid-term rental units.
Where is this quadplex located?
The property is located at 1444 19th Street Columbus, GA.
What is the asking price?
The asking price for this property is $519,900.
What are key features of this property?
This property features: Four furnished units currently used for short- and mid‑term rentals; 3,948‑square‑foot brick building on 0.25 acres; Remodeled interior with quartz countertops and original hardwood floors
