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8-Unit Townhome-Style Multifamily Building
For Sale
$965,000
Pending

149 W Main, Lakeland, GA 31635

Residential Income, Lakeland, GA

Property Size9,248 SF
Lot Size0.50 Acres
Days on Market140

Property Features for 149 W Main

General Information

Property type Residential Multi Family
Property subtype Other
Zoning AU
Patio and Porch features Patio
Interior features Insulated, Blinds, Ceiling Fan(s)
Appliances Refrigerator, Electric Range, Microwave, Dishwasher
Subdivision 10-Lanier County
Standard status Pending
APN L04 0085
Size 9,248 SF
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LT 1 BLK 1 HOWELL SD
Tax Annual Amount 6884
Legal Description LT 1 BLK 1 HOWELL SD

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 2006
Floors in Building 2
Flooring type Vinyl, Carpet, Tile
Building materials Vinyl Siding
Roof type Shingle
Listing Agency: THE HERNDON COMPANY
Listed By: Jon Bollinger · License #330895
Added: Apr 15 Changed: Aug 19 Last Checked: Sep 1 at 4:06AM
MLS# 153314

Copyright © 2026 South Georgia MLS (Valdosta). 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 8-unit townhome-style multifamily property features two-story units with two bedrooms and 2.5 bathrooms, each with approximately 1,156 square feet of living space. The units include a full kitchen with a refrigerator, electric range, microwave, and dishwasher, plus a dedicated laundry room with washer/dryer connections. Interior finishes and features include insulated construction, blinds, ceiling fans, and flooring selections of tile, carpet, and vinyl. Heating and cooling are provided by central heating and central air, and each unit has private storage space and a patio.

Built in 2006 on a 0.5-acre lot, the property totals 9,248 square feet and is served by public water and public sewer. The roof was upgraded in 2025 with shingle roofing, and the exterior is vinyl siding. The property is currently 100% occupied.

With centrally managed townhome-style layouts and in-unit laundry connections, this setup supports a practical day-to-day tenant experience within a low-maintenance improvement profile.

Key Highlights

  • 8‑unit townhome‑style multifamily, two‑story units with two bedrooms and 2.5 bathrooms
  • Built in 2006 on a 0.5‑acre lot with 9,248 total square feet
  • New roof completed in 2025; shingle roof and vinyl siding

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Furniture & Home Goods (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Computer & Electronic Repair Skin Care Clinic

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

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

268
Businesses Nearby

Demographics for 31635, GA

6,653
Population
3,133
Households
2.1
Avg Household Size
36
Median Age
19%
College-Educated
91%
High-School Grad
142.9 sq mi
ZIP Area
47
Density / Sq Mi
$43,815
Median Household Income
$32,753
Median Earnings
$864
Median Rent
$168,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - 8-unit townhome-style multifamily built in 2006 with central HVAC, private patio, and a new roof in 2025.
Where is this apartment building located?
The property is located at 149 W Main Lakeland, GA.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: 8‑unit townhome‑style multifamily, two‑story units with two bedrooms and 2.5 bathrooms; Built in 2006 on a 0.5‑acre lot with 9,248 total square feet; New roof completed in 2025; shingle roof and vinyl siding
More about this property
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