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18-Unit Townhome Community
New
For Sale
$4,850,000

632 Madison Street, Commerce, GA 30529

Residential Income, Commerce, GA

Property Size1,866 SF
Lot Size5.76 Acres
Price / SF$2,599
Days on Market2

Property Features for 632 Madison Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 54
Bathrooms 54
Full bathrooms 36
Half bathrooms 18
Rooms Bathroom 6, Bathroom 44, Bathroom 1, Bathroom 9, Bedroom 39, Bedroom 10, Bathroom 4, Bedroom 46, Bathroom 54, Bathroom 17, Bedroom 21, Bathroom 32, Bedroom 28, Bedroom 45, Bathroom 14, Bedroom 50, Bedroom 3, Bathroom 49, Bedroom 40, Bedroom 15, Bedroom 26, Bedroom 37, Bathroom 41, Bathroom 23, Bathroom 8, Bathroom 33, Bedroom 13, Bathroom 16, Bathroom 19, Bathroom 11, Bathroom 47, Bathroom 39, Bedroom 2, Bathroom 46, Bathroom 53, Bedroom 9, Bedroom 7, Bedroom 53, Bedroom 6, Bedroom 38, Bedroom 34, Bathroom 52, Bedroom 12, Bathroom 48, Bathroom 50, Bedroom 52, Bedroom 44, Bedroom 48, Bedroom 42, Bathroom 31, Bathroom 3, Bathroom 43, Bedroom 30, Bedroom 54, Bathroom 25, Bedroom 14, Bedroom 31, Bedroom 20, Bathroom 27, Bedroom 24, Bedroom 1, Bathroom 51, Bedroom 22, Bedroom 5, Bathroom 34, Bathroom 24, Bedroom 18, Bathroom 7, Bathroom 15, Bathroom 22, Bathroom 45, Bathroom 2, Bathroom 38, Bathroom 36, Bathroom 20, Bedroom 23, Bedroom 36, Bathroom 13, Bedroom 29, Bedroom 4, Bedroom 11, Bathroom 30, Bathroom 12, Bedroom 19, Bathroom 35, Bathroom 42, Bathroom 21, Bedroom 43, Bathroom 29, Bathroom 28, Bedroom 16, Bedroom 25, Bedroom 47, Bedroom 17, Bedroom 8, Bathroom 26, Bedroom 41, Bedroom 35, Bathroom 18, Bedroom 32, Bedroom 33, Bathroom 37, Bedroom 51, Bathroom 10, Bathroom 40, Bedroom 49, Bedroom 27, Bathroom 5
Patio and Porch features Patio
Appliances Dishwasher, Electric Water Heater, Oven, Range, Refrigerator
Directions I-85 North to Exit 147 for GA-98 toward Commerce/Maysville. Take the exit and turn right onto GA-98 S/Maysville Rd, continuing for about 5 miles into downtown Commerce. Once in Downtown Commerce, turn left onto Madison St, and Cotton Gin Row will be on your right.
Standard status Active
APN 010-024
Size 1,866 SF
Lot size 5.76 Acres

Taxes and HOA fees

Tax Description 5.760.AC.TR.2.PBK.87.PG.164
HOA Fee $6 Monthly
Legal Description 5.760.AC.TR.2.PBK.87.PG.164

Utilities

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

Building Details

Year built 2026
Floors in Building 2
Number of units 10
Flooring type Vinyl
Building materials Concrete
Roof type Composition
Architectural style Other
Listing Agency: RE/MAX TRU
Listed By: Tamra Wade · License #214598
Added: Oct 15 Last Checked: Oct 16 at 6:06AM
MLS# CL366474

Copyright © 2026 Hive MLS. 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.

This 18-unit townhome community in Commerce, Georgia, comprises nine duplex buildings on 5.76 acres. Built in 2026, the residences are each 1,866 square feet with 3 bedrooms, 2.5 bathrooms, and an attached two-car garage. Interior features include granite countertops, white shaker cabinetry, stainless steel appliances, vinyl plank flooring, and ceiling fans. Electric central heating and cooling serve the homes, with public water and sewer. Utilities are individually metered.

The property is located along the I-85 corridor in Jackson County. Seventeen of the 18 units are occupied, representing 94.4% occupancy. The configuration combines duplex construction with individually housed townhome residences.

Key Highlights

  • 18 townhome units across nine duplex buildings
  • 5.76‑acre site in Commerce, Georgia
  • Each residence measures 1,866 square feet and has 3 bedrooms and 2.5 bathrooms

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Real Estate Agency Plumbing Service Furniture & Home Goods Kitchen & Bath Showroom Bakery

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

18
Residential units
94.4%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

86
Businesses Nearby

Demographics for 30529, GA

12,033
Population
4,642
Households
2.6
Avg Household Size
38
Median Age
18%
College-Educated
84%
High-School Grad
50.5 sq mi
ZIP Area
238
Density / Sq Mi
$62,122
Median Household Income
$36,219
Median Earnings
$1,050
Median Rent
$234,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Newly built residences include attached two-car garages and individually metered utilities.
Where is this apartment building located?
The property is located at 632 Madison Street Commerce, GA.
What is the asking price?
The asking price for this property is $4,850,000.
What are key features of this property?
This property features: 18 townhome units across nine duplex buildings; 5.76‑acre site in Commerce, Georgia; Each residence measures 1,866 square feet and has 3 bedrooms and 2.5 bathrooms
More about this property
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