Renovated Duplex
For Sale
$95,000
825 Cotton Avenue, Albany, GA 31701
Residential Income, Albany, GA
Property Size1,015 SF
Lot Size0.15 Acres
Price / SF$93.60
Days on Market56
Property Features for 825 Cotton Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Subdivision
Carver Park
Elementary school
Martin Luther King Jr
Middle school
Radium Springs
High school
Monroe
Directions
From downtown Albany, take E Oglethorpe Blvd toward Carver Park. Turn onto Cotton Ave;
Standard status
Active
APN
000HH/00005/008
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
362
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1950
Floors in Building
1
Number of units
2
Building materials
Stucco
Listing Agency:
Cross Creek Realty · Century 21 Real Estate
(404) 355-2833
Listed By:
Allen F Breland
(470) 370-5396
Added: Aug 26
Changed: Aug 28
Last Checked: Oct 20 at 6:06AM
MLS# 10833624
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.
This duplex at 825 Cotton Avenue contains two rentable units within approximately 1,015 square feet. Built in 1950, the property includes four bedrooms and two full baths, along with a crawl/masonry foundation and metal roof. Improvements include a new roof, replacement windows documented by a closed 2023 permit, updated tile, remodeled kitchens and bathrooms, and fresh interior paint.
The property is tenant-occupied and offered with showings by appointment only. It is connected to public water and public sewer and sits on approximately 0.15 acres in Albany, Georgia. The duplex is also included in a fully occupied portfolio of 8 properties totaling 9 units, with individual sale subject to the seller’s discretion.
The property is tenant-occupied and offered with showings by appointment only. It is connected to public water and public sewer and sits on approximately 0.15 acres in Albany, Georgia. The duplex is also included in a fully occupied portfolio of 8 properties totaling 9 units, with individual sale subject to the seller’s discretion.
Key Highlights
- Two rentable units in one duplex property
- Approximately 1,015 total square feet with four bedrooms and two full baths
- Built in 1950 on approximately 0.15 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,704
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$134,080
$134.1K
Cap Rate 7%
$95,771
$95.8K
Cap Rate 9%
$74,489
$74.5K
Market Conditions
NOI Build-Up for 1,015 SF
Gross rent
$10.4K $10.20/SF
− Vacancy
−$776 −$0.77/SF
EGI
$9.6K $9.44/SF
− OpEx
−$2.9K −$2.83/SF
NOI
$6.7K $6.60/SF
Area
Dougherty County, GA
Vacancy
7.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$134,080
Cap Rate 7%
$95,771
Cap Rate 9%
$74,489
Alternative Uses
Best Use
Multifamily LT 5
$95.8K
$83.8K – $111.7K
NOI $6,704 @ 7.0% cap · market cap 7.06%
Second Best
Apartment 5plus
$88.8K
$77.7K – $103.6K
NOI $6,217 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$199.8K
$174.8K – $233.1K
NOI $13,983 @ 7.0% cap · market cap 14.72%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
658
Businesses Nearby
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Business Placement
Demographics for 31701, GA
18,133
Population
9,535
Households
1.9
Avg Household Size
39
Median Age
17%
College-Educated
81%
High-School Grad
21.2 sq mi
ZIP Area
855
Density / Sq Mi
$32,902
Median Household Income
$31,489
Median Earnings
$812
Median Rent
$97,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two rentable units share one structure with remodeled kitchens, bathrooms, tile, paint, and replacement windows.
Where is this duplex located?
The property is located at 825 Cotton Avenue Albany, GA.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Two rentable units in one duplex property; Approximately 1,015 total square feet with four bedrooms and two full baths; Built in 1950 on approximately 0.15 acres
