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20-Unit Apartment Complex
For Sale
Contact for pricing
Pending

2815 Churchill St, Macon, GA 31204

20-unit class C complex of 10 duplexes, each with two bedrooms and one bathroom.

Property SizeContact for details
Days on Market148

Property Features for 2815 Churchill St

General Information

Standard status Pending
Class C
Property subtype Multifamily

Additional Details

Business Included Yes
Multifamily Units 20

Building Details

Tenancy Multi
Listing Agency: Investors Capital Realty, LLC
Listed By: Sarah Vo
Source: Crexi
Added: Apr 11 Changed: Aug 13 Last Checked: Sep 4 at 11:21PM

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 Investors Capital Realty, LLC

Investment Insights

Based on property information with market context.

Churchill Downs is a 20-unit, class C apartment complex made up of 10 duplexes. Each unit has two bedrooms and one bathroom.

The property is located at 2815 Churchill St, Macon, GA 31204. The complex is reported to have an average rent of $644 per unit, with a gross rent multiplier of 1.03% based on actuals and 1.12% based on pro-forma. Leasing is described as mostly Section 8 tenants through the Macon Housing Authority (MHA), and the remarks also note long-term low-interest financing below 6%.

Key Highlights

  • 20‑unit Class C apartment complex made up of 10 duplexes (2 bedrooms, 1 bathroom each)
  • Avg rent is $644 per unit, supporting a stated gross rent multiplier of 1.03% of actuals (1.12% pro‑forma)
  • Listed at $1.25M, or $62,500 per unit, as the stated basis for valuation

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant (Bike/Boat/Book/etc) Store 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

20
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

360
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Duplex - 20-unit class C complex of 10 duplexes, each with two bedrooms and one bathroom.
Where is this duplex located?
The property is located at 2815 Churchill St Macon, GA.
What are key features of this property?
This property features: 20‑unit Class C apartment complex made up of 10 duplexes (2 bedrooms, 1 bathroom each); Avg rent is $644 per unit, supporting a stated gross rent multiplier of 1.03% of actuals (1.12% pro‑forma); Listed at $1.25M, or $62,500 per unit, as the stated basis for valuation
More about this property
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