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24-Unit Apartment Complex
New
For Sale
$2,000,000

509 Farr Road, Columbus, GA 31907

Residential Income, Columbus, GA

Property Size900 SF
Lot Size0.56 Acres
Price / SF$2,222
Days on Market2

Property Features for 509 Farr Road

General Information

Property type Residential Multi Family
Property subtype Other
Patio and Porch features Deck
Appliances Range, Refrigerator
Subdivision 10th District
Directions Get On I-185 S From Warm Springs Rd And Armour Rd 5 Min (1.7 Mi) Exit The Parking Lot Toward Gentian Blvd 315 Ft Turn Left Onto Gentian Blvd ? 289 Ft Continue Onto Warm Springs Rd ? 0.6 Mi Sharp Right Onto Armour Rd ? 0.3 Mi Turn Right Onto Manc
Standard status Active
APN 089 011 007
Size 900 SF
Lot size 0.56 Acres

Utilities

Cooling system Central Air

Building Details

Year built 1973
Number of units 24
Flooring type Carpet
Listing Agency: Ellis Realty
Listed By: Owen Hopper · License #416966
Added: Oct 14 Last Checked: Oct 15 at 8:06AM
MLS# 234719

Copyright © 2026 Columbus Board of Realtors (GA). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The apartment property comprises 24 units organized as six four-unit buildings. The buildings occupy three adjoining parcels totaling 0.56 acres. Constructed in 1973, the units have central air, carpet flooring, a range, and a refrigerator; decks are also included.

Key Highlights

  • 24 apartments arranged in six four‑unit buildings
  • Three adjoining parcels totaling 0.56 acres
  • 99% occupied

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm HVAC Service Pharmacy Building Supply (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

24
Residential units
99%
Occupancy

Location Intelligence

Trade Area within ½ mile

219
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Six four-unit buildings are arranged across three adjoining parcels.
Where is this apartment building located?
The property is located at 509 Farr Road Columbus, GA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 24 apartments arranged in six four‑unit buildings; Three adjoining parcels totaling 0.56 acres; 99% occupied
More about this property
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