11-Unit Multifamily with
917 Oakview Avenue Columbus, GA 31906
917 Oakview Avenue, Columbus, GA, 31906
$640,000
For Sale
$640,000
MULTI_FAMILY - Columbus, GA
Property Size7,214 SF
Lot Size0.53 Acres
Price / SF$88.72
Days on Market22
Property Features for 917 Oakview Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- GC
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 4
- Parking features
- Driveway
- Security features
- Security
- Interior features
- Walk-In Closet(s)
- Fencing
- Fenced
- Appliances
- Dishwasher, Dryer, Refrigerator, Washer
- Standard status
- Active
- APN
- 025 001 010
- Size
- 7,214 SF
- Lot size
- 0.53 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Natural Gas, Heat Pump (Heating)
- Water source
- Public
Building Details
- Year built
- 1915
- Number of units
- 11
- Flooring type
- Laminate, Hardwood
- Building materials
- Brick
Listing Agency
Normand Real Estate, LLC
(706) 395-5424
PO BOX 204, Columbus, GA
Listed by
Melissa Brown · License #87052
(706) 412-9420
Added: Jun 27 Checked: Jul 18 at 5:06 am
MLS# 230627
Listing URL
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.
Investment Insights
Based on property information with market context.
This 11-unit multifamily property offers all 1BR/1BA units in a straightforward configuration. The building is described as well maintained and includes a new roof. Unit utility service is set up on separate meters. The property also includes on-site courtesy laundromat, private dumpster, and off-street parking. Occupancy status varies, with five units currently occupied and four described as move-in-ready and fully furnished, while two additional units are ready for renovations.
The property is located at 917 Oakview Avenue in Columbus, Georgia. It is positioned minutes from downtown and is directly across from the Columbus Museum, with restaurants, schools, shopping, parks, and major travel routes within walking distance according to the listing.
For investors or operators seeking a small, manageable rental portfolio, this asset’s unit mix is uniform and the operating setup includes separate meters for the units. With a portion of units already occupied and others available for move-in or renovation, the property may fit buyers looking to stabilize current occupancy and refresh additional units as part of an ownership plan.
The property is located at 917 Oakview Avenue in Columbus, Georgia. It is positioned minutes from downtown and is directly across from the Columbus Museum, with restaurants, schools, shopping, parks, and major travel routes within walking distance according to the listing.
For investors or operators seeking a small, manageable rental portfolio, this asset’s unit mix is uniform and the operating setup includes separate meters for the units. With a portion of units already occupied and others available for move-in or renovation, the property may fit buyers looking to stabilize current occupancy and refresh additional units as part of an ownership plan.
Key Highlights
- 11‑unit multifamily; all units are 1BR/1BA
- Five units currently occupied; four move‑in‑ready and fully furnished; two units ready for renovations
- New roof; units are on separate meters
Local Financial Insights For Apartment 5plus
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 | $112.5k | $15.60 |
| − Vacancy | −$7.3k | −$1.01 |
| EGI | $105.2k | $14.59 |
| − OpEx | −$47.4k | −$6.56 |
| NOI | $57.9k | $8.02 |
7,214 SF · lease $15.60/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$826.8K
$723.4K – $964.6K
NOI $57,873 @ 7.0% cap · market cap 9.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,990 @ 7.0% cap · market cap 17.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Well-maintained 11-unit property with all 1BR/1BA layouts, separate meters, and on-site laundry plus off-street parking.
Where is this apartment building located?
The property is located at 917 Oakview Avenue Columbus, GA.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: 11‑unit multifamily; all units are 1BR/1BA; Five units currently occupied; four move‑in‑ready and fully furnished; two units ready for renovations; New roof; units are on separate meters
