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17-Unit Apartment Building
For Sale
$975,000

423 Mellon Street, Columbus, GA 31903

Renovated two-bedroom apartments include tenant reimbursements for water and trash.

Property Size11,900 SF
Price / SF$81.93
Days on Market11
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Property Features for 423 Mellon Street

General Information

Standard status Active
Size 11,900 SF
Property subtype Residential Income

Units

Unit Mix 17 x 2BR/1BA
Multifamily Units 17
Listing Agency: Coldwell Banker / Kennon, Parker, Duncan & Davis
Listed By: Blake Carter · License #450145
Source: Exprealty
Added: Oct 5 Changed: Oct 15 Last Checked: Oct 15 at 2:16AM

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 / Kennon, Parker, Duncan & Davis

Investment Insights

Based on property information with market context.

This 17-unit apartment property in Columbus, Georgia, has two-bedroom, one-bath layouts measuring approximately 700 square feet each. The units received renovations in 2024/2025, and the property totals 11,900 square feet.

Tenants reimburse the owner for water and trash service.

Key Highlights

  • 17 apartment units
  • Two‑bedroom, one‑bath layouts of approximately 700 square feet each
  • Renovations completed in 2024/2025

Property Analytics

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Current Use

Xclusive3182 Photography Service

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply Pharmacy Gym & Fitness 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

17
Residential units

Location Intelligence

Trade Area within ½ mile

252
Businesses Nearby

Demographics for 31903, GA

20,703
Population
9,593
Households
2.2
Avg Household Size
34
Median Age
8%
College-Educated
76%
High-School Grad
10.0 sq mi
ZIP Area
2,070
Density / Sq Mi
$29,488
Median Household Income
$27,063
Median Earnings
$873
Median Rent
$75,500
Median Home Value
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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?
Apartment building - Renovated two-bedroom apartments include tenant reimbursements for water and trash.
Where is this apartment building located?
The property is located at 423 Mellon Street Columbus, GA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 17 apartment units; Two‑bedroom, one‑bath layouts of approximately 700 square feet each; Renovations completed in 2024/2025
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