$115,000

485 Mellon Street, Columbus, GA 31903

2 beds |
2 baths |
960 sqft

Single-Family Home
Built in 1961
8,276sqft lot
—— car garage
$120/sqft
Listed 23 days ago

Property Description

Investors, seize this exceptional opportunity to add a prime duplex to your portfolio! This well-maintained property features two fully remodeled 1-bedroom, 1-bath units, perfect for generating consistent rental income. Each unit has been updated with fresh interior and exterior paint. Recent renovations include the removal of a dilapidated enclosed porch and tree removal, providing a clean, inviting exterior. Significant upgrades have been made to ensure long-term durability and efficiency. The building showcases new fascia, soffit, and trim, along with a brand new 25-year architectural shingle roof and stylish new front doors. Inside, modern LVP flooring, two newly added kitchenettes—each equipped with sinks—make these units highly functional for tenants. The bathrooms have been tastefully updated with new vanities, plumbing, and fixtures. Additional improvements include brand new electric hot water heaters with protective pans, ensuring peace of mind for you and your tenants. The front fence has been repaired, adding to the property's overall appeal and security. Every unit has been fitted with new fixtures and upgraded electrical outlets, including GFCIs for safety compliance. Financially, this duplex is a standout investment. Each unit can generate approximately $800 per month, yielding a total income of $1,600. When factoring in management fees, vacancies, property taxes, insurance, and maintenance costs, the estimated cap rate stands around 11%. This impressive cash flow potential makes it a smart addition to any real estate portfolio. Constructed of all block, this building is built to last, requiring no immediate updates or repairs. With its strategic location and strong rental demand, this duplex promises to be a reliable source of income for years to come. Don't miss out on this opportunity to secure a soun

Listing Status:: Active
Data Last Updated:: March 29, 2026 at 1:28AM
Listing Office:: Coldwell Banker / Kennon, Parker, Duncan & Davis : 706-256-1000
MLS ID:: 228319

Appliances: Dishwasher
Basement: Crawl Space
Heating: Forced Air

General: BrickOne

Originating MLS: Columbus BOR GA
County: Muscogee

Zoning: 048 002 003A

Water: Public
Sewer: Public Sewer

Source: Columbus BOR GA

This listing courtesy of Coldwell Banker / Kennon, Parker, Duncan & Davis

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Brewer Elementary School

2951 Martin Luther King Jr Blvd, Columbus, GA, 31906

Grades PK-5

0.37 miles away

Baker Middle School

1215 Benning Dr, Columbus, GA, 31903

Grades 6-8

1.57 miles away

Carver High School

3100 8th St, Columbus, GA, 31906

Grades 9-12

0.67 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.