Rare opportunity to acquire two duplexes on one parcel, offering a total of four 2BR/1BA units at 4308 Capitol Ave in Macon, GA. This setup provides investors with multiple income-producing units under one parcel, making it an attractive option for a buy-and-hold investor or value-add strategy.
The property is located in the 31206 market, where recent sales show a wide range of values depending on condition and level of renovation. Recent nearby sales include a 2BR/1BA property at 4385 Mikado Ave that sold for $66,500 and several 3BR/2BA properties selling in the $100K+ range.
Property Highlights:
Two duplex buildings on one parcel
Four total 2BR/1BA units
Multifamily income potential
Approximately 0.32-acre parcel
Established Macon residential location
Ideal for rental, renovation, or value-add strategy
Opportunity to improve rents and overall property value
Asking: $125,000
ARV ESTIMATE: $240,000
Based on the available nearby sales and the property's four-unit configuration, I would use approximately $240,000 as a preliminary ARV, assuming the units are renovated to a clean, rent-ready standard. This should be treated as an investor underwriting estimate rather than a formal appraisal because the final ARV will depend heavily on the condition and finish level of all four units.
For fastest response: Cherrie – Dispo Manager Call/Text: (404) 620-2544
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