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Historic Downtown Apartment Portfolio
For Sale
$1,750,000

895 Mulberry St, Macon, GA 31201

Portfolio includes 15 units across three parcels with studios, one-bedrooms, and two-bedrooms plus on-site parking.

Property SizeContact for details
Days on Market50

Property Features for 895 Mulberry St

General Information

Standard status Active

Additional Details

Business Included Yes
Multifamily Units 15

Taxes and HOA fees

Annual Taxes $9,290
Listing Agency: Vesta Consolidated Realty
Listed By: Benjamin Sapp · License #365132
Source: Exprealty
Added: Jun 24 Changed: Aug 8 Last Checked: Aug 11 at 10:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vesta Consolidated Realty

Investment Insights

Based on property information with market context.

This for-sale portfolio comprises 15 apartment units across three separate parcels. The unit mix includes studios, one-bedroom apartments, and two-bedroom apartments, housed within historic buildings noted for distinctive architectural character. The property includes adequate on-site parking, supporting everyday tenant convenience.

The buildings are situated on a prominent corner of Mulberry Street and Spring Street in downtown Macon, Georgia, offering a dense, walkable setting for residents. The public remarks also indicate proximity to key regional employers and destinations, including Mercer University, Atrium Health Navicent, and government offices, along with dining, shops, and entertainment options.

For investors or operators, the multi-parcel configuration can provide operational flexibility compared with a single-lot property. The mix of studio through two-bedroom units may appeal to a broad range of downtown renters looking for convenience to surrounding work, services, and amenities. The offering is presented as a portfolio opportunity for buyers seeking to add to an existing multifamily position or explore redevelopment and repositioning considerations tied to historic structures.

Key Highlights

  • Portfolio of 15 apartment units across three parcels in Downtown Macon, GA
  • Historic building portfolio with studio, one‑bedroom, and two‑bedroom unit mix
  • Located on the prominent corner of Mulberry St and Spring St in Downtown Macon

Property Analytics

Current Use

Hardy Flower Delivery ... Florist Shoe time Clothing & Fashion Store Mall Shopping Center & Mall Augusta ga Big Box & Wholesale Store Memorial gym Gym & Fitness Center

Suggested Use

Top Pick Catering Service Home Appliance Store Electrical Service Pet Grooming Service Acupuncture (Bike/Boat/Book/etc) Store

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

15
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,290
Businesses Nearby

Demographics for 31201, GA

8,882
Population
4,916
Households
1.8
Avg Household Size
35
Median Age
29%
College-Educated
82%
High-School Grad
9.4 sq mi
ZIP Area
945
Density / Sq Mi
$22,936
Median Household Income
$27,311
Median Earnings
$912
Median Rent
$151,400
Median Home Value

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 - Portfolio includes 15 units across three parcels with studios, one-bedrooms, and two-bedrooms plus on-site parking.
Where is this apartment building located?
The property is located at 895 Mulberry St Macon, GA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Portfolio of 15 apartment units across three parcels in Downtown Macon, GA; Historic building portfolio with studio, one‑bedroom, and two‑bedroom unit mix; Located on the prominent corner of Mulberry St and Spring St in Downtown Macon
More about this property
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