This four-unit apartment complex presents an exceptional investment opportunity with immediate, stable cash flow. The property is fully occupied, generating a strong monthly income of $4,400, making it an ideal addition to any investor's portfolio. Listed with a cap rate of 7.5%. Each unit offers comfortable living spaces with practical layouts that appeal to long-term tenants, contributing to consistent occupancy and reliable returns. Whether you're a seasoned investor or looking to expand your real estate holdings, this turnkey multi-family property delivers both steady income and long-term growth potential. Don't miss the chance to own a high-performing asset in a desirable rental market.
For sale
$510,000
150 Church St SW, Pelham, GA 31779
8beds
4,852sqft
Multi Family
Built in 1945
-- sqft lot
$487,100 Zestimate®
$105/sqft
$-- HOA
What's special
Practical layoutsComfortable living spaces
- 53 days |
- 158 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Kathryn Tillery,
Nexus Real Estate Group LLC,
Matthew Santoro,
Nexus Real Estate Group LLC
Source: TABRMLS,MLS#: 928751
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 4
- 1/2 bathrooms: 4
Bedroom
- Features: Sitting Room/Area
Heating
- Central Heat/Air
Cooling
- Ceiling Fan(s), Central Heat/Air
Appliances
- Laundry: Stackable Appliances
Features
- Entrance Foyer, Fireplace, Wall Built Ins, Ceiling Fan(s)
- Flooring: Hardwood, Pine
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Bedroom
Interior area
- Total structure area: 4,852
- Total interior livable area: 4,852 sqft
Video & virtual tour
Property
Parking
- Parking features: Parking Pad
- Has uncovered spaces: Yes
Features
- Levels: Two
- Patio & porch: Porch
Lot
- Size: 0.49 Acres
- Features: Corner Lot, Downtown Area, Near Schools, Near Shops
Details
- Zoning: c3
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other-See Remarks
- Property subtype: Multi Family
Materials
- Brick, Moulding
- Foundation: Crawl Space
- Roof: Metal
Condition
- Year built: 1945
Utilities & green energy
- Electric: Georgia Power
- Water: city of Pelham
- Utilities for property: Garbage Pick Up, Sewer Connected
Community & HOA
Community
- Features: Fully Applianced
- Subdivision: No Recorded Subdivision
Location
- Region: Pelham
Financial & listing details
- Price per square foot: $105/sqft
- Annual tax amount: $2,552
- Date on market: 4/20/2026
Estimated market value
$487,100
$463,000 - $511,000
$1,117/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2026 | Listed for sale | $510,000+22.9%$105/sqft |
Source: TABRMLS #928751 Report a problem | ||
| 1/24/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/4/2023 | Listed for rent | $1,075 |
Source: Zillow Rentals Report a problem | ||
| 8/13/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/12/2023 | Listed for rent | $1,075+2.4% |
Source: Zillow Rentals Report a problem | ||
| 10/16/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/22/2022 | Listed for rent | $1,050 |
Source: Zillow Rental Manager Report a problem | ||
| 7/30/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/29/2022 | Listed for rent | $1,050 |
Source: Zillow Rental Manager Report a problem | ||
| 5/2/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/2/2022 | Listed for rent | $1,050 |
Source: Zillow Rental Manager Report a problem | ||
| 11/12/2021 | Sold | $415,000$86/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 31779
Nearby schools
GreatSchools rating
- 5/10Pelham Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10Pelham City Middle SchoolGrades: 6-8Distance: 0.1 mi
- 4/10Pelham High SchoolGrades: 9-12Distance: 1.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Georgia
- Mitchell County
- Pelham
- 31779
- 150 Church St SW




