Three-Unit Multifamily
290 Clisby Place, Macon, GA 31204
For Sale
New
$350,000
A duplex and separate cottage offer a mix of two- and three-bedroom residences.
Property Size1,954 SF
Days on Market7
Property Features for 290 Clisby Place
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Amenities
0.45 acres
Public Sewer
Parcel Number: P0730064, Year: 2025
Listing ID: 10884478, Standard Status: Active, MLS Status: New, On market as of 2026-11-03, 4 days on market
Off Street
Elementary School: Williams, Middle School: Miller Magnet, High School: Central
Built in 1954, Levels: Two, Construction Materials: Brick
Subdivision: Clisby Place, County/Parish: Bibb
Resale
Sewer Connected, Water Source: Public
Fee Includes: None
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Robins Realty Group
(478) 333-3063
Listed By:
Brandi Faircloth · License #357786
(678) 428-5604
Source:
Blackstreaminternational
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 6:07AM
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 Robins Realty Group
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Investment Insights
Based on property information with market context.
Built in 1954, the property includes a duplex with two 3-bedroom, 1-bathroom units and a separate cottage with 2 bedrooms and 1 bathroom. Both buildings have 2026 roofs; the property also has a new HVAC unit and fresh paint. Ample parking is provided, and an additional lot next door is included.
The property is in Macon, near I-75, I-16, Mercer University, and downtown Macon.
The property is in Macon, near I-75, I-16, Mercer University, and downtown Macon.
Key Highlights
- Three residential units: two 3‑bedroom, 1‑bathroom duplex units and one 2‑bedroom, 1‑bathroom cottage
- Both buildings have 2026 roofs
- Additional lot next door is included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,226
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,520
$324.5K
Cap Rate 7%
$231,800
$231.8K
Cap Rate 9%
$180,289
$180.3K
Market Conditions
NOI Build-Up for 1,954 SF
Gross rent
$31.7K $16.20/SF
− Vacancy
−$2.2K −$1.10/SF
EGI
$29.5K $15.10/SF
− OpEx
−$13.3K −$6.79/SF
NOI
$16.2K $8.30/SF
Area
Macon, GA
Vacancy
6.80%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,520
Cap Rate 7%
$231,800
Cap Rate 9%
$180,289
Alternative Uses
Best Use
Apartment 5plus
$231.8K
$202.8K – $270.4K
NOI $16,226 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$373.8K
$327.1K – $436.1K
NOI $26,168 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
3
Residential units
Yes
Highway access
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
$123,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Multifamily properties in Macon, GA
Properties on Market for Multifamily properties in Macon
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - A duplex and separate cottage offer a mix of two- and three-bedroom residences.
Where is this multifamily property located?
The property is located at 290 Clisby Place Macon, GA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Three residential units: two 3‑bedroom, 1‑bathroom duplex units and one 2‑bedroom, 1‑bathroom cottage; Both buildings have 2026 roofs; Additional lot next door is included
