Six-Door Multifamily Investment
For Sale
Contact for pricing
Pending
2106 Martin Luther King Jr Drive, Albany, GA 31701
Well-maintained six-unit multifamily property with income potential in Albany, GA.
Property Size4,592 SF
Days on Market183
Property Features for 2106 Martin Luther King Jr Drive
General Information
Standard status
Pending
Size
4,592 SF
Property subtype
Multifamily
Building Details
Year Built
1963
Units
6
Listing Agency:
COLDWELL BANKER WALDEN & KIRKLAND
(229) 733-0982
Listed By:
Lori Gadson · License #406295
Source:
Crexi
Added: Feb 10
Changed: Aug 7
Last Checked: Aug 6 at 10:20AM
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 WALDEN & KIRKLAND
Investment Insights
Based on property information with market context.
This six-door multifamily property presents an investment opportunity in a rental community with consistent demand. The property includes five leased units, providing immediate income, and one vacant unit, offering an opportunity to increase cash flow. The property has high cap rate potential and solid performance. Each unit features a new AC/heat mini-split system. Additional upgrades include a fairly new roof. The property represents an income-producing asset in a thriving rental market. The property size is 4592 square feet and is located at 2106 Martin Luther King Jr Drive, Albany, GA 31701.
Key Highlights
- Immediate income from five leased units with one vacant unit for increased cash flow potential.
- New AC/heat mini‑split systems in each unit for modern, efficient climate control.
- High cap rate potential and solid performance in a strong rental market.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
160
Businesses Nearby
Explore this area
Business Placement
Demographics for 31701, GA
18,133
Population
9,535
Households
1.9
Avg Household Size
39
Median Age
17%
College-Educated
81%
High-School Grad
21.2 sq mi
ZIP Area
855
Density / Sq Mi
$32,902
Median Household Income
$31,489
Median Earnings
$812
Median Rent
$97,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained six-unit multifamily property with income potential in Albany, GA.
Where is this apartment building located?
The property is located at 2106 Martin Luther King Jr Drive Albany, GA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Immediate income from five leased units with one vacant unit for increased cash flow potential.; New AC/heat mini‑split systems in each unit for modern, efficient climate control.; High cap rate potential and solid performance in a strong rental market.
