Garden City, GA Multifamily properties for sale

Updated: Aug 6

Renovated Apartment Building

4509-4511 Old Louisville Rd, Garden City, GA 31408

$2,875,000

14,112 sqft 24.00 AC lot

18 existing apartment units across 5 separate buildings
14112 square feet of building area
Most units have 2‑bedroom, 1‑bath layouts
Major interior renovation completed in early 2026
50‑surface private parking lot and monument sign

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This listing looks promising.

Here's a quick look at some key insights for

4509-4511 Old Louisville Rd, Garden City, GA 31408

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Est. Cap Rate

4.8%
NOI ÷ price
Est. NOI

$139K
Annual
Price @ 7% Cap

$1.98M
Suggested
Property Type

Apartments (Generic)
Built 1960

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Garden City, GA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Brick Duplex With ADU

416 Turnberry Street, Port Wentworth, GA 31407

$375,000

2,160 sqft 0.20 AC lot

Updated primary residence includes a separate accessory dwelling unit with its own kitchen, bedroom, bathroom, and mini-split system.

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Restored Colonial Duplex

90 Varnedoe Avenue, Savannah, GA 31408

$485,700

1,930 sqft 0.74 AC lot

Two separate dwellings combine a renovated primary residence with a permitted short-term rental unit.

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Duplex with Bungalow and Efficiency

4124 4th Street, Savannah, GA 31408

$247,900

1,019 sqft 0.14 AC lot

Duplex property zoned R2 with a 2-bed bungalow plus a 1-bed efficiency on the same primary lot.

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Triplex with Detached Carriage House

12 Horne Place, Port Wentworth, GA 31407

$394,900

2,450 sqft 0.22 AC lot

Triplex on one lot with three currently leased units, public water and sewer, and updated finishes throughout.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Zoned Residential Acreage Opportunity

Hwy 17 W, Richmond Hill, GA 31324

$88,000

15.36 AC lot

A 15.36-acre RR-1 tract with surveyed acreage and a portion identified as high and dry for flexible residential use.

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Hilton Head RV Lot

401-133 Arrow Rd, Hilton Head Island, SC 29928

$198,000

Luxury RV resort lot near clubhouse and amenities.

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PERIMETER RV Lot on Market

133 Arrow Road #294, Hilton Head Island, SC 29928

$199,000

Large paver pad in luxury motorcoach resort.

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Large RV Lot in Resort

133 Arrow Road, Unit 40, Hilton Head Island, SC 29928

$185,000

RV lot with upgrades in amenity-rich Hilton Head Island resort.

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Off-Market Properties in Garden City, GA

Consider similar Off-Market properties in Garden City, GA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MOBILE HOME PARK, TRAILER PARK

21 Colonial Trl, Garden City, GA 31408-1640

Value Estimation by Request

3.00 AC lot

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Garden City, GA Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Garden City, GA on our real estate platform. These investment opportunities span a total of 14,112 square feet of properties for sale, with an estimated market value of $2,875,000.

Sale prices for multifamily properties in Garden City, GA average $2,875,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Garden City, GA Multifamily Properties for Sale

4509-4511 Old Louisville Rd, Garden City, GA 31408