1620 Springer Street Columbus, GA 31901
MULTI_FAMILY - Columbus, GA
Property Features for 1620 Springer Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 6
- Rooms
- Bedroom 3, Bedroom 5, Bedroom 7, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 5, Bathroom 6, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 6
- Parking features
- Carport
- Standard status
- Active
- APN
- 027 028 010
- Size
- 4,195 SF
- Lot size
- 0.26 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1943
- Number of units
- 4
- Building materials
- Brick
Listing agent Morgan Scarbrough License #407179 (706) 566-0101
Listing office Coldwell Banker / Kennon, Parker, Duncan & Davis 5670 WHITESVILLE RD, Columbus, GA (706) 256-1000
Listing date Apr 15, 2026
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.
Investment Insights
Based on property information with market context.
Key Highlights
- Brick construction quadplex built in 1943
- Carport parking available
- Public water and public sewer
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.9k | $13.80 |
| − Vacancy | −$3.6k | −$0.85 |
| EGI | $54.3k | $12.95 |
| − OpEx | −$16.3k | −$3.88 |
| NOI | $38.0k | $9.06 |
