Building Details

Construction brick

Listing Agency: Drake Realty Lake Area Show Phone

Listed By: Rhonda Snow · License #357511 Show Phone

Source: Exprealty

Added: Aug 13 Changed: Oct 12 Last Checked: Oct 12 at 8:48PM

Report an Issue

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 Drake Realty Lake Area

Investment Insights

Based on property information with market context.

This triplex comprises two rental units within a brick house and a separate rear home that functions as the third residence. The unit mix includes one two-bedroom apartment and two one-bedroom apartments. The main structure has a new roof, and the property is offered in its current as-is condition.

Located at 276 Clisby Pl in Macon, the property sits just off Vineville Ave. Its three-unit configuration provides a straightforward residential income arrangement across the front and rear dwellings.

Key Highlights

• Three rental units across a brick house and separate rear residence
• Unit mix includes one 2‑bedroom unit and two 1‑bedroom units
• Main brick structure has a new roof

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$14,458

Cap Rate

4.84%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$289,160 $289.2K

Cap Rate 7%

$206,543 $206.5K

Cap Rate 9%

$160,644 $160.6K

Market Conditions

NOI Build-Up for 1,600 SF

Gross rent

$22.1K $13.80/SF

− Vacancy

−$1.4K −$0.89/SF

EGI

$20.7K $12.91/SF

− OpEx

−$6.2K −$3.87/SF

NOI

$14.5K $9.04/SF

Area

Macon, GA

Vacancy

6.46%

Lease Rate

$13.80 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$289,160

Cap Rate 7%

$206,543

Cap Rate 9%

$160,644

Alternative Uses

Best Use

Multifamily LT 5

$206.5K

$180.7K – $241.0K (±1% cap)

NOI $14,458 @ 7.0% cap · market cap 4.84%

Second Best

Apartment 5plus

$189.8K

$166.1K – $221.5K (±1% cap)

NOI $13,287 @ 7.0% cap · market cap 4.44%

Theoretical Best

Healthcare Medical

$306.1K

$267.8K – $357.1K (±1% cap)

NOI $21,427 @ 7.0% cap · market cap 7.17%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Auto Parts Store Bakery HVAC Service Real Estate Agency

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

3

Residential units

Location Intelligence

Trade Area within ½ mile

827

Businesses Nearby

Explore this area Business Placement

Demographics for 31204, GA

30,512

Population

15,578

Households

2

Avg Household Size

38

Median Age

22%

College-Educated

84%

High-School Grad

14.6 sq mi

ZIP Area

2,090

Density / Sq Mi

$38,478

Median Household Income

$32,586

Median Earnings

$917

Median Rent

$123,700

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this triplexes located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Triplex with Original Hardwood Floors

2585 Napier Ave, Macon, GA 31204

$244,000

View details

Fenced Triplex with Front Porch

1425 Bailey Avenue, Macon, GA 31204

$105,000

0.24 Acres

View details

Triplex Property with Detached Home

3808 Mercer Street, Macon, GA 31204

$65,000

0.99 Acres

View details

New Construction Duplex

1158 Scotland Avenue, Macon, GA 31204

$240,000

1,512 SF

View details

Renovated Residential Income Property

624 Church Street, Macon, GA 31217

$250,000

1,463 SF

View details

Vineville Avenue Professional Office Space

3357 Vineville Ave, Macon, GA 31204

$169,900

1,600 SF

View details

Renovated Mixed-Use Property

3483 Napier Ave, Macon, GA 31204

$159,900

1,635 SF

View details

Storefront Retail Building

1882 Shurling Dr, Macon, GA 31211

$115,000

1,581 SF

View details

Renovated Residential Income Portfolio

4301 Marion Avenue, Macon, GA 31206

$539,900

1,432 SF

View details

Storefront Retail Property

816 Hall Street, Macon, GA 31217

$250,000

1,170 SF

View details

Four-Unit Quadplex with Tenants

2155 Ferguson, Macon, GA 31204

$189,900

1,324 SF

View details

Office Building with Original Vault

637 Cherry Street, Macon, GA 31201

$459,000

View details

Frequently Asked Questions

What type of property is this?

Triplex - Three rental units include one two-bedroom residence and two one-bedroom residences.

Where is this triplex located?

The property is located at 276 Clisby Pl Macon, GA.

What is the asking price?

The asking price for this property is $299,000.

What are key features of this property?

This property features: Three rental units across a brick house and separate rear residence; Unit mix includes one 2‑bedroom unit and two 1‑bedroom units; Main brick structure has a new roof