1641 16th Avenue, Columbus, GA 31901
- 4 beds |
- 4 baths |
- 4,746 sqft
Multi-Family Home
Built in 1924
0.34acre lot
—— car garage
$54/sqft
Listed 7 months ago
Property Description
A New Year rings in with a New Price for this rare 6-unit multifamily property in historic midtown. This property offers INCREDIBLE POTENTIAL for a savvy & gutsy investor ready to roll up their sleeves & put in the work to bring this unpolished gem up to its full earning power. Or maybe you want to renovate its Return to Glory as a single family home. The main brick house holds 5 units, and a detached cottage — for a total of 6 rental units. Currently, Units 1, 3, 5, & the cottage are vacant & available for viewing. The property features onsite & street parking and sits just two blocks from Lakebottom Park, in one of Columbus's most sought-after locations — convenient to everything in Midtown, Uptown, CSU, dining, shopping, and entertainment. While producing income, this property is primed for updating & repositioning. Current rents: Unit 2 at $850 & Unit 4 at $500. Historically, the cottage rented for $800, Unit 1 for $850, Unit 3 for $925, & Unit 5 for $700, bringing in $4,700/month when fully occupied. Strategic upgrades offer excellent potential to increase rents and cash flow. Part of an Estate Sale that has cleared Probate, this property DOES NOT HAVE Rent Rolls or T12 reports. The previous owner accepted cash payments & managed the property personally well into her 90s. This is perfect for an investor who wants to create real value — renovate interiors, update systems, enhance curb appeal, and watch this asset transform into a top-of-market performer. Two storage sheds provide extra income potential. Utilities are included in the current rent prices. Opportunities like this are rare in Midtown. Get ready to roll up your sleeves and transform this hidden gem into a sparkling diamond! Do you have what it takes? Units 1, 3, 5, and the cottage may be viewed anytime, w/ Units 2 & 4 available for viewing during Due Diligence. Please do not disturb tenants. Please use Kee Evans @ Page Scrantom as closing attorney - title work has already been completed.
- Listing Status:
- Active
- Data Last Updated:
- February 15, 2026 at 7:25AM
- Listing Office:
- Bickerstaff Parham, LLC : 706-653-1400
- MLS ID:
- 222333
- Parking: DrivewayOne per UnitParking PadLevel DrivewayParking spaces: 6
- General: BrickFrame
- Originating MLS: Columbus BOR GA
- County: Muscogee
- Zoning: RMF1027 017 034
- Fencing: Fenced
- Water: Public
- Sewer: Public Sewer
- Source: Columbus BOR GA
- Ownership: Estate Owned
This listing courtesy of Bickerstaff Parham, LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Hannan Elementary School
1338 Talbotton Rd, Columbus, GA, 31901
Grades PK-5
0.66 miles away
Rainey Mccullers School of the Arts
1700 Midtown Dr, Columbus, GA, 31906
Grades 6-12
1.49 miles away
Columbus High School
1700 Cherokee Ave, Columbus, GA, 31906
Grades 9-12
0.37 miles away
