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Two-Unit Duplex Property
For Sale
$175,000

4 Montclair Court, Columbus, GA 31907

Commercial Sale, Columbus, GA

Property Size1,918 SF
Lot Size0.26 Acres
Price / SF$91.24
Days on Market86

Property Features for 4 Montclair Court

General Information

Property type Commercial Sale
Property subtype Other
Lot features Level
Directions Heat South on I-185 to St. Mary's Rd. Take exit 3 from I-185 S. Continue on St. Mary's Rd, Take Leary Ave. to Montclair Ct. Property is on the Rt.
Standard status Active
APN 088 027 078
Size 1,918 SF
Lot size 0.26 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1803

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1984
Building materials Block
Listing Agency: Coldwell Banker Kennon & Parker · Coldwell Banker Real Estate
Listed By: Lamar Fields · License #266466
Added: Aug 10 Changed: Oct 24 Last Checked: Nov 3 at 8:06PM
MLS# 10829817

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 1984, this duplex contains two 2-bedroom, 1.5-bathroom units within 1,918 square feet. Each residence has a functional layout and its own private entrance. One unit is leased, while the other is vacant and market-ready, providing flexibility for continued leasing or owner occupancy.

The property sits on a 0.26-acre lot and features block construction, central heating, central air, and electric systems. Public water and public sewer serve the property, with water available as a listed utility.

Key Highlights

  • Two 2‑bedroom, 1.5‑bathroom units totaling 1,918 square feet
  • One unit leased; second unit vacant and market‑ready
  • Private entrance for each residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,387
Cap Rate
8.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,740 $307.7K
Cap Rate 7%
$219,814 $219.8K
Cap Rate 9%
$170,967 $171.0K
Market Conditions
NOI Build-Up for 1,918 SF
Gross rent
$29.9K $15.60/SF
− Vacancy
−$1.9K −$1.01/SF
EGI
$28.0K $14.59/SF
− OpEx
−$12.6K −$6.56/SF
NOI
$15.4K $8.02/SF
Area
Columbus, GA
Vacancy
6.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,740
Cap Rate 7%
$219,814
Cap Rate 9%
$170,967

Alternative Uses

Best Use
Multifamily LT 5
$248.4K
$217.3K – $289.8K (±1% cap)
NOI $17,385 @ 7.0% cap · market cap 9.93%
Second Best
Apartment 5plus
$219.8K
$192.3K – $256.5K (±1% cap)
NOI $15,387 @ 7.0% cap · market cap 8.79%
Theoretical Best
Office A
$429.2K
$375.5K – $500.7K (±1% cap)
NOI $30,041 @ 7.0% cap · market cap 17.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

213
Businesses Nearby

Demographics for 31907, GA

60,557
Population
25,710
Households
2.4
Avg Household Size
37
Median Age
23%
College-Educated
91%
High-School Grad
23.8 sq mi
ZIP Area
2,544
Density / Sq Mi
$52,620
Median Household Income
$33,726
Median Earnings
$1,103
Median Rent
$142,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Block construction with private entrances, central air, and a mix of occupied and vacant residential space.
Where is this duplex located?
The property is located at 4 Montclair Court Columbus, GA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1.5‑bathroom units totaling 1,918 square feet; One unit leased; second unit vacant and market‑ready; Private entrance for each residence
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