11-Unit Multifamily
917 Oakview Avenue Columbus, GA 31906
917 Oakview Avenue, Columbus, GA, 31906
$640,000
For Sale
$640,000
COMMERCIAL - Columbus, GA
Property Size7,214 SF
Lot Size0.53 Acres
Price / SF$88.72
Days on Market120
Property Features for 917 Oakview Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Fencing
- Privacy, Fenced
- Standard status
- Active
- APN
- 025 001 010
- Size
- 7,214 SF
- Lot size
- 0.53 Acres
Taxes and HOA fees
- Tax Year
- 24
- Tax Annual Amount
- 12476
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating), Central, Hot Water(Heating), Electric (Heating)
- Cooling system
- Wall Unit(s), Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1915
- Flooring type
- Laminate, Hardwood, Vinyl, Tile
- Building materials
- Brick
- Roof type
- Composition
- Additional Structures
- Residence
Listing Agency
Normand Real Estate
(706) 395-5424
Po Box 204, Stacey Normand, Columbus, GA
Listed by
Melissa Brown · License #87052
(706) 412-9420
Added: Mar 21 Checked: Jul 18 at 5:06 am
MLS# 10715263
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.
Investment Insights
Based on property information with market context.
This sale offers an 11-unit multifamily property featuring all one-bedroom, one-bathroom layouts. The building has units on separate meters, and includes an on-site courtesy laundromat, private dumpster service, and off-street parking for residents. Improvements noted include a new roof, and the current unit mix provides a blend of occupancy and near-term readiness, with five units currently occupied, four units described as move-in-ready and fully furnished, and two units ready for quick renovation.
Located at 917 Oakview Avenue in Columbus, Georgia, the property is described as minutes from downtown Columbus, directly across from the Columbus Museum, and within walking distance to restaurants, schools, shopping, parks, and major travel routes.
For an owner-operator or investor, the configuration is practical for tenants seeking 1BR living, while the staggered availability of units can support phased updates. With multiple units already in service and additional units available for move-in or renovation, the building can be managed as a cohesive small-scale portfolio asset focused on residential income.
Located at 917 Oakview Avenue in Columbus, Georgia, the property is described as minutes from downtown Columbus, directly across from the Columbus Museum, and within walking distance to restaurants, schools, shopping, parks, and major travel routes.
For an owner-operator or investor, the configuration is practical for tenants seeking 1BR living, while the staggered availability of units can support phased updates. With multiple units already in service and additional units available for move-in or renovation, the building can be managed as a cohesive small-scale portfolio asset focused on residential income.
Key Highlights
- 11‑unit multifamily building, all 1BR/1BA units
- Five units currently occupied; four move‑in‑ready and fully furnished; two ready for quick renovation
- New roof and brick construction; composition roof
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 - All one-bedroom units with separate meters, on-site laundry, and 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 building, all 1BR/1BA units; Five units currently occupied; four move‑in‑ready and fully furnished; two ready for quick renovation; New roof and brick construction; composition roof
