$257,500

1641 16th Avenue, Columbus, GA 31901

  • 4 beds |
  • 4 baths |
  • 4,746 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $54/sqft
  • Property List Date Icon 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
  • Appliances: RangeRefrigerator
  • Flooring: HardwoodLaminate
  • A/C: Window Unit(s)
  • Heating: ElectricNatural GasFireplace(s)
  • Fireplace: Fireplace
  • 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hannan Elementary School

1338 Talbotton Rd, Columbus, GA, 31901

Grades PK-5

0.66 miles away

R

Rainey Mccullers School of the Arts

1700 Midtown Dr, Columbus, GA, 31906

Grades 6-12

1.49 miles away

C

Columbus High School

1700 Cherokee Ave, Columbus, GA, 31906

Grades 9-12

0.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.