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4-Unit Brick Quadplex
New
For Sale
$495,000

150 Church Street SW, Pelham, GA 31779

Four occupied residences combine hardwood floors and fireplaces with central HVAC and updated finishes.

Property Size4,978 SF
Price / SF$99.44
Days on Market2

Property Features for 150 Church Street SW

General Information

Standard status Active
Size 4,978 SF
Property subtype Multifamily
Zoning COMIMP

Financials

Asking Price $495,000
Cap Rate 7.46%
Gross Income $52,800
Average Monthly Rent $1,100

Units

Unit Mix 4 x 2BR/1.5BA
Multifamily Units 4

Building Details

Building Size 4,978 SF
Stories 2
Units 4
Construction brick
Listing Agency: COLDWELL BANKER PREMIER REAL E
Listed By: John Courson · License #342868
Source: Cbcworldwide
Added: Sep 26 Changed: Sep 27 Last Checked: Sep 26 at 3:35PM

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 COLDWELL BANKER PREMIER REAL E

Investment Insights

Based on property information with market context.

This brick quadplex contains four 2-bedroom, 1.5-bath residences within approximately 4,978 square feet. The units are currently rented. Built in the 1940s and renovated, the property includes refinished hardwood floors, high ceilings, fireplaces, built-in storage, sitting areas and porches. Stainless appliances, updated fixtures and finishes, central HVAC and a metal roof complete the building’s features.

At 150 Church Street SW in downtown Pelham, the property is near shopping, dining, banking and everyday services. Zoning is COMIMP. The stated cap rate is 7.46% at 30% OPEX.

Key Highlights

  • Four 2‑bedroom, 1.5‑bath residences; all are currently rented
  • Approximately 4,978 SF in a brick building
  • Built in the 1940s and renovated

Property Analytics

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Current Use

Pelham Heating and Cooling Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Big Box & Wholesale Store Building Supply Garden Center

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

Location Intelligence

Trade Area within ½ mile

263
Businesses Nearby

Demographics for 31779, GA

8,883
Population
3,298
Households
2.7
Avg Household Size
43
Median Age
8%
College-Educated
82%
High-School Grad
135.5 sq mi
ZIP Area
66
Density / Sq Mi
$50,450
Median Household Income
$34,706
Median Earnings
$738
Median Rent
$115,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Quadplex - Four occupied residences combine hardwood floors and fireplaces with central HVAC and updated finishes.
Where is this quadplex located?
The property is located at 150 Church Street SW Pelham, GA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Four 2‑bedroom, 1.5‑bath residences; all are currently rented; Approximately 4,978 SF in a brick building; Built in the 1940s and renovated
More about this property
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