831 Rigdon Road, Columbus, GA 31906
- Added:
- Apr 27, 2026
- Days on Market:
- 56
- Last Refresh:
- Jun 21 at 7:06 am
Property Features for 831 Rigdon Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RMF1
- Parking features
- Driveway
- Appliances
- Dishwasher, Range, Refrigerator
- Standard status
- Pending
- APN
- 050 031 019
- Size
- 2,324 SF
- Lot size
- 0.13 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Heat Pump (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1955
- Number of units
- 4
- Building materials
- Brick
Listing agent Denzel Clements License #382097 (706) 507-0030
Listing office Clements Realty LTD Co 2357 Warm Springs Rd. Suite 147, Columbus, GA (706) 507-0030
Listing date Apr 27, 2026
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.
HighLights
- Fully renovated quadruplex with new roof, electrical, plumbing, and HVAC systems.
- All units have separate electric and water meters.
- Vacant units offer flexibility for long‑term rentals, short‑term rentals, or Section 8 housing.
- New flooring, paint, appliances, light fixtures, and vanities in all units.
- Up to code and ready for new owner.
- Market rent for 2‑bedroom 1‑bath units is $800-$900.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.1k | $13.80 |
| − Vacancy | −$2.0k | −$0.85 |
| EGI | $30.1k | $12.95 |
| − OpEx | −$9.0k | −$3.88 |
| NOI | $21.1k | $9.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Muscogee
- State
- Georgia
- Longitude
- -84.9475591
- Latitude
- 32.4621419