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Two 4-Unit Apartment Buildings
For Sale
$825,000
Pending

175 Petersburg Cir, Martinez, GA 30907

Two 4-unit apartment buildings offer 2-bedroom, 1.5-bath units with seven currently leased and one vacant unit.

Property Size8,520 SF
Days on Market65

Property Features for 175 Petersburg Cir

General Information

Standard status Pending
Size 8,520 SF
Property subtype Commercial
Occupancy 88%

Additional Details

Multifamily Units 8

Building Details

Year Built 1984
Listing Agency: Re/max True Advantage
Listed By: Sharon Thornton · License #276158
Source: Searchgreateraugustahomes
Added: Jul 6 Changed: Sep 1 Last Checked: Sep 8 at 8:48AM

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 Re/max True Advantage

Investment Insights

Based on property information with market context.

This for-sale multifamily offering includes two separate 4-unit apartment buildings, totaling eight units across Buildings 173 and 175. Each unit is configured as a 2-bedroom, 1.5-bath layout with approximately 1,065 square feet. Seven units are currently leased, and one unit is vacant and available for owner occupancy or lease up.

Per the remarks, all but one unit has been updated. The property is described as being located in a desirable school district and convenient to schools, shopping, and dining, with downtown medical district access just a few minutes by drive.

The current rent profile is noted as being below market in the remarks. With one unit available, an owner has an immediate opportunity to stabilize occupancy while continuing to enhance units as they are updated.

Key Highlights

  • Two separate 4‑unit apartment buildings (Buildings 173 and 175) with 8 total units
  • Each unit has 2 bedrooms, 1.5 baths, and approximately 1,065 SF
  • Seven units currently leased with one vacant unit available for owner occupancy or lease up

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Hotel & Motel Dental Office Grocery & Convenience Store Storage Facility Veterinary 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
87.5%
Occupancy

Location Intelligence

Trade Area within ½ mile

937
Businesses Nearby

Demographics for 30907, GA

50,964
Population
22,219
Households
2.3
Avg Household Size
39
Median Age
39%
College-Educated
91%
High-School Grad
24.1 sq mi
ZIP Area
2,115
Density / Sq Mi
$83,349
Median Household Income
$45,692
Median Earnings
$1,211
Median Rent
$232,000
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?
Quadplex - Two 4-unit apartment buildings offer 2-bedroom, 1.5-bath units with seven currently leased and one vacant unit.
Where is this quadplex located?
The property is located at 175 Petersburg Cir Martinez, GA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Two separate 4‑unit apartment buildings (Buildings 173 and 175) with 8 total units; Each unit has 2 bedrooms, 1.5 baths, and approximately 1,065 SF; Seven units currently leased with one vacant unit available for owner occupancy or lease up
More about this property
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