Multifamily Income
For Sale
$375,000
524 S Washington Ave., Talbotton, GA 31827
COMMERCIAL - Talbotton, GA
Lot Size1.23 Acres
Days on Market8
Property Features for 524 S Washington Ave.
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C3
Parking
15
Parking features
Parking Lot
Window features
Aluminum Frames, Wood Frames
Lot features
Level
View
City
Directions
Take GA-85 N/US-27 ALT N, GA-315 E and GA-208 to Washington Ave in Talbotton, Property is on Rt or use GPS.
Standard status
Active
APN
0000500122056D00
Lot size
1.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6132
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public
Amenities
LVP flooring
window heating and air-conditioning units
shared coin-operated laundry area
Building Details
Year built
1948
Floors in Building
1
Flooring type
Carpet, Vinyl
Roof type
Metal
Listing Agency:
COLDWELL BANKER - KPDD
(706) 256-1000
Listed By:
Lamar Fields · License #112290
(706) 593-8077
Added: Jul 23
Changed: Jul 29
Last Checked: Jul 30 at 5:06PM
MLS# E104446
Copyright © 2026 East Alabama Board of REALTORS®. 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.
This turn-key multifamily income property is offered for sale as two separate lots, with a total of 15 rental units. The larger lot includes an 11-unit building, and the second lot contains a 4-unit residential property. Unit mix includes three 2-bedroom/1-bath units and twelve 1-bedroom/1-bath units. Interior finishes feature LVP flooring throughout the units, and each unit is equipped with window heating and window air-conditioning units. A shared coin-operated laundry area is also provided.
The lot with the 11-unit building is zoned C-3, while the lot with the 4-unit residential property is zoned residential, supporting separate zoning designations across the two parcels.
Current rents are described as approximately $450 to $550 per month, averaging approximately $500 per unit on month-to-month rental arrangements.
The lot with the 11-unit building is zoned C-3, while the lot with the 4-unit residential property is zoned residential, supporting separate zoning designations across the two parcels.
Current rents are described as approximately $450 to $550 per month, averaging approximately $500 per unit on month-to-month rental arrangements.
Key Highlights
- Total of 15 rental units across two separate lots: one 11‑unit building plus a 4‑unit residential property
- Unit mix: three 2BR/1BA units and twelve 1BR/1BA units
- Rents range from about $450–$550 per month, averaging about $500 per unit on month‑to‑month terms
Property Analytics
Property Profile
Current Use
Lease Details
15
Residential units
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
Explore this area
Business Placement
Demographics for 31827, GA
1,734
Population
1,014
Households
1.7
Avg Household Size
49
Median Age
15%
College-Educated
78%
High-School Grad
153.1 sq mi
ZIP Area
11
Density / Sq Mi
$45,170
Median Household Income
$26,674
Median Earnings
$1,013
Median Rent
$90,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Turn-key 15-unit income property with LVP flooring, individual window heating/AC, and a shared coin-operated laundry area.
Where is this apartment building located?
The property is located at 524 S Washington Ave. Talbotton, GA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Total of 15 rental units across two separate lots: one 11‑unit building plus a 4‑unit residential property; Unit mix: three 2BR/1BA units and twelve 1BR/1BA units; Rents range from about $450–$550 per month, averaging about $500 per unit on month‑to‑month terms
