$57,500

955 Elder Street, Macon, GA 31217

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1967
  • Property Lot Size Icon0.49acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 14 days ago

Property Description

Two Brick Duplexes on one lot available now! These properties need a full rehab. The ARV (After Renovation Value) on these is around $300k depending on finishes and rental amounts once complete. I estimate you could get these rent ready for $100-150k. Rents will be $700 per unit or $2800 total once renovated. You could purchase these and renovate them using a self-directed 401k, or you could use cash or a home equity loan and refinance it with a DSCR (Debt Service Coverage Ratio) Loan once complete. There are lots of options to add real estate to your retirement portfolio with the right team of contractors, property managers, lenders and advisors. I am a REALTOR (only), but can refer you to professionals in all of these areas. Large roughly half-acre lot (.49 acre) could probably acommodate a third duplex for future value add.

Listing Status:
Active
Date Added:
January 25, 2026
Data Last Updated:
February 8, 2026 at 10:09PM
Listing Office:
Keller Williams Realty Metro Atlanta : 404-564-5560
Listing Agent:
PATRICK PEYER : 404-784-7936
MLS ID:
7709263
  • Flooring: None
  • A/C: None
  • Heating: None
  • Disability Feature: None
  • Eco/Green Feature: NoneNone
  • Parking: None
  • Roofing: Composition
  • Windows: None
  • General: BrickOne
  • Originating MLS: First Multiple Listing Service
  • County: Bibb - GA
  • Zoning: EASTERN HGTSS0640210
  • View: Other
  • Fencing: None
  • Utilities: None
  • Water: Public
  • Sewer: Other
  • Source: First Multiple Listing Service

Presented by Veterans United Realty

This listing courtesy of PATRICK PEYER , Keller Williams Realty Metro Atlanta

Monthly Payment

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

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Location

Schools Nearby

D

Dr. Martin Luther King Jr. Elementary School

1307 Shurling Dr, Macon, GA, 31211

Grades PK-5

0.39 miles away

A

Appling Middle School

1646B Upper River Rd, Macon, GA, 31211

Grades 6-8

1.45 miles away

N

Northeast High School

1646 Upper River Rd, Macon, GA, 31211

Grades 9-12

1.37 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.