17-unit value-add apartment building in Valdosta's Opportunity Zone. The property includes 12 studios, 3 one-bedroom/one-bath units, and 2 two-bedroom/one-bath units across 7,934 SF on a 0.71-acre lot. Six units are currently vacant and ready for renovation, creating immediate upside through lease-up and rent increases. Rents range from $550 to $750 per month, with a mix of annual and at-will leases. Conveniently located near downtown and major employers, this is an opportunity to reposition a multifamily asset with both current income and value-add potential.
For sale
$615,000
1620 E Park Ave, Valdosta, GA 31602
--beds
--baths
7,934sqft
:
Get pre-qualified$3,895/mo
Multi Family
Built in ----
-- sqft lot
$589,100 Zestimate®
$78/sqft
$-- HOA
What's special
- 29 days |
- 107 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Autumn Wibright,
Coldwell Banker Premier Real E
Source: South Georgia MLS,MLS#: 154395
Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Appliances
- Included: None
Features
- None
Interior area
- Total structure area: 7,934
- Total interior livable area: 7,934 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: 3+ Cars
Features
- Levels: Two
- Stories: 2
- Exterior features: None
- Frontage type: None
Lot
- Size: 0.71 Acres
Details
- Parcel number: 0153C 023
- Zoning: R-M
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
Utilities & green energy
- Electric: Ga Power
- Water: City Of Valdosta
Community & HOA
Community
- Subdivision: East Park
Location
- Region: Valdosta
Financial & listing details
- Price per square foot: $78/sqft
- Tax assessed value: $424,539
- Annual tax amount: $4,578
- Date on market: 7/16/2026
Estimated market value
$589,100
$560,000 - $619,000
$850/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Listed for sale | $615,000+39.8%$78/sqft |
Source:  South Georgia MLS #154395 Report a problem | ||
| 12/2/2021 | Sold | $440,000+223.9%$55/sqft |
Source: Public Record Report a problem | ||
| 8/31/2015 | Sold | $135,850-15%$17/sqft |
Source: Public Record Report a problem | ||
| 6/6/2015 | Price change | $159,900-8.6%$20/sqft |
Source: RE/MAX Of Valdosta #102282 Report a problem | ||
| 4/17/2015 | Listed for sale | $175,000+34.7%$22/sqft |
Source: RE/MAX OF VALDOSTA #102282 Report a problem | ||
| 6/25/2014 | Sold | $129,900-72.1%$16/sqft |
Source: Public Record Report a problem | ||
| 11/20/2006 | Sold | $465,000$59/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $169,816 +30.5% |
| 2024 | $3,636 +64.1% | $130,177 +98.5% |
| 2023 | $2,216 -2.8% | $65,581 |
| 2022 | $2,280 +32.7% | $65,581 +35.5% |
| 2021 | $1,718 -8.8% | $48,383 -8.9% |
| 2020 | $1,884 -5.5% | $53,083 -4.2% |
| 2019 | $1,993 -17.8% | $55,434 -17.2% |
| 2018 | $2,425 +0.7% | $66,987 -2.8% |
| 2017 | $2,409 +22.6% | $68,945 -4.1% |
| 2016 | $1,965 | $71,884 -19.7% |
| 2015 | $1,965 +13.9% | $89,506 +5.6% |
| 2014 | $1,724 | $84,721 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 31602
Nearby schools
GreatSchools rating
- 5/10Nunn Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 4/10Newbern Middle SchoolGrades: 6-8Distance: 0.9 mi
- 4/10Valdosta High SchoolGrades: 9-12Distance: 1.9 mi
- $7251 bd1 ba-- sqft1620 E Park Ave #13, Valdosta, GA 31602For Rent
- $--1 bd1 ba-- sqft1620 E Park Ave #3, Valdosta, GA 31602Off Market
- $--1 bd1 ba-- sqft1620 E Park Ave #11281766, Valdosta, GA 31602Off Market
- $--1 bd1 ba-- sqft1620 E Park Ave #11, Valdosta, GA 31602Off Market
- $--1 bd1 ba-- sqft1620 E Park Ave #10752574, Valdosta, GA 31602Off Market
- $6251 bd1 ba-- sqft1620 E Park Ave #11622747, Valdosta, GA 31602For Rent
- $7251 bd1 ba-- sqft1620 E Park Ave #10713049, Valdosta, GA 31602For Rent
- $8252 bd2 ba1.4k sqft1620 E Park Ave #10795035, Valdosta, GA 31602For Rent
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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