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11,900 sqft

$975,000

423 Mellon Street, Columbus GA, 31903

Price per sqft$81.93
Built in1963
Property size11,900 sqft
Property typeMulti-family
Courtesy of Blake Carter with Coldwell Banker / Kennon, Parker, Duncan & Davis

Overview

Active

Listed Oct 5, 2026

Updated 3 weeks ago

This 17-unit multifamily property offers an opportunity to acquire a recently renovated asset at a discount to its stabilized value while the property completes its lease-up phase. The units were extensively renovated in 2024/2025 and feature desirable two-bedroom, one-bath floor plans with approximately 700 square feet each. Current asking rents are $795 per month, with additional tenant reimbursements for water and trash providing supplemental income. The property offers investors the potential for increased cash flow and value as occupancy approaches stabilized levels.

$6,487/mo

Est. mortgage payment based on a $975,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
234567

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.81 Acres
MLS provider logo

Listed by Blake Carter with Coldwell Banker / Kennon, Parker, Duncan & Davis 706-566-2916

Based on information from  Columbus Board of REALTORS® (CBR) as of 10/6/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2026  Columbus Board of REALTORS® (CBR). All rights reserved.

Data last updated 3:37 AM UTC, 10/6/2026

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