Unique income producing package of 12 units, 10 One bedroom - one baths in Historic Rawson Circle and a Duplex in NW Albany(3/2 on one side and a 2/1 one side). Both properties are one story brick and were both built by Lamar Reese in 1970 and 1984 respectively. New 30 year architectural roofs on 1008 5th in 2025 and 2315 Jim Stokes in 2019. Current gross annual income for all 12 units is $98,034.00. 100% occupied. Rents have been increased steadily but still room for growth due to long term below market residents and past conservative market rates. All recently turned units have been renovated with vinyl plank flooring, updated countertops, light fixtures and stainless appliances. 16 parking spaces at 1008 5th and 4 wide at 2315 Jim Stokes Ct(parking pad could be deep enough to have additional spaces behind the first car). Both properties must be purchased as one sale. Two of the Sellers hold R.E. lic's 119226 and 147116.
Pending
$740,000
1008 5th Ave, Albany, GA 31701
15beds
9,805sqft
SingleFamily
Built in 1970
-- sqft lot
$-- Zestimate®
$75/sqft
$-- HOA
What's special
One story brickUpdated countertopsLight fixturesStainless appliances
- 14 days
- 244
- 18
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Danny Blackshear 229-883-6100,
ALBANY REALTY COMPANY,
Burton Dorough 229-881-0810,
ALBANY REALTY COMPANY
Source: SWGMLS,MLS#: 170086
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 13
- Full bathrooms: 13
Heating
- Heat: Central Electric
Cooling
- A/C: Central Electric, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Range Hood Microwave, Refrigerator, Stove/Oven Electric, Stainless Steel Appliance(s), Electric Water Heater
Features
- Crown Molding, Other-See Remarks, Paneled Walls, Walls (Sheet Rock)
- Flooring: Carpet, Luxury Vinyl
- Windows: Blinds Plantation, Mini Blinds
- Has fireplace: Yes
- Fireplace features: 2+ Fireplaces, Pre Fab Insert
Interior area
- Total structure area: 9,805
- Total interior livable area: 9,805 sqft
Video & virtual tour
Property
Parking
- Total spaces: 20
- Parking features: Parking Pad, Spaces
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Patio Open
- Fencing: Back Yard
- On waterfront: Yes
- Waterfront features: Other-See Remarks
Lot
- Features: Curb & Gutter
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
Materials
- Brick, Wood Trim
- Foundation: Slab
- Roof: Shingle,Architectural
Condition
- Year built: 1970
Utilities & green energy
- Electric: Albany Utilities
- Sewer: Albany Utilities
- Water: Albany Utilities
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected, Cable Available
Community & HOA
Community
- Subdivision: Rawson Circle
Location
- Region: Albany
Financial & listing details
- Price per square foot: $75/sqft
- Annual tax amount: $2,714
- Date on market: 10/7/2026
- Listing terms: Cash,Conventional
- Ownership: Investor
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2026 | Pending sale | $740,000$75/sqft |
Source: SWGMLS #170086 Report a problem | ||
| 10/7/2026 | Listed for sale | $740,000$75/sqft |
Source: SWGMLS #170086 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
