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For sale
  • Price increase: $20K (8/17)
    $685,000

    2601 S Jackson St, Albany, GA 31701

    18beds
    12,384sqft
    : 
    $5,038/mo
    Get pre-qualified
    Detached Single Family
    Built in 1968
    1.95 Acres Lot
    $-- Zestimate®
    $55/sqft
    $-- HOA

    What's special

    Exceptional 18-Unit Multifamily Investment Portfolio with Additional Development Potential! Rare opportunity to acquire 9 duplexes totaling 18 residential units, with every unit featuring a highly rentable 2-bedroom, 1-bathroom floor plan. This portfolio provides investors with 36 total bedrooms and 18 bathrooms and offers the advantage of acquiring substantial rental scale in a single transaction. The properties are already producing immediate rental income, while offering additional upside through lease-up, rent optimization, and continued property improvements. Several vacant units have been renovated and are move-in ready, allowing a new owner the opportunity to increase occupancy and revenue without extensive upfront renovations. The roofs are approximately 6 years old, reducing exposure to one of the larger capital expenses associated with multifamily ownership. Adding even more value to the package is an additional vacant lot zoned CR-4, providing potential for future multifamily development and expansion, subject to applicable zoning and approvals. Current monthly rental income is approximately $6,115, with additional income potential as vacant units are leased and the portfolio is stabilized. This is an excellent opportunity for a buy-and-hold investor, multifamily operator, portfolio investor, or 1031 exchange buyer seeking immediate cash flow combined with significant value-add and future development potential. 18 units. 9 duplexes. 36 bedrooms. Additional development lot. One investment package. Contact today for additional property information, rent roll, financial details, and showing availability.
    178 days
    188
    9

    Zillow last checked:

    Listing updated:

    Listed by:

    Tambi Wingate Williams 229-349-3411,

    Cobblestone Realty Partners

    Source: SWGMLS,MLS#: 165307

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 18
      • Bathrooms: 9
      • Full bathrooms: 9
      Heating
      • Heat: Window/Wall
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: None, Electric Water Heater
      Features
      • Other-See Remarks, Other Walls See Remarks
      • Flooring: Vinyl
      • Windows: Mini Blinds
      • Has fireplace: No
      Interior area
      • Total structure area: 12,384
      • Total interior livable area: 12,384 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Driveway Only
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Exterior features: None
      • Waterfront features: None
      Lot
      • Size: 1.95 Acres
      • Features: Flood Insurance, Flood Zone, Flooded in '94
      Details
      • Parcel number: 000BB/00018/197 & /192

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Detached Single Family
      • Attached to another structure: Yes
      Materials
      • Brick, Wood Trim
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Year built: 1968

      Utilities & green energy

      • Electric: Albany Utilities
      • Sewer: Albany Utilities
      • Water: Albany Utilities
      • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Flintside
      Location
      • Region: Albany

      Financial & listing details

      • Price per square foot: $55/sqft
      • Tax assessed value: $178,500
      • Annual tax amount: $3,615
      • Date on market: 3/10/2026
      • 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

        DateEventPrice
        8/17/2026Price change$685,000+3%$55/sqft
        Source: SWGMLS #165307 Report a problem
        5/29/2026Price change$665,000-5%$54/sqft
        Source: SWGMLS #165307 Report a problem
        3/31/2026Price change$700,000-6.7%$57/sqft
        Source: SWGMLS #165307 Report a problem
        3/10/2026Listed for sale$750,000$61/sqft
        Source: SWGMLS #165307 Report a problem
        3/1/2026Listing removed$750,000$61/sqft
        Source: SWGMLS #165307 Report a problem
        12/1/2025Price change$750,000-3.2%$61/sqft
        Source: SWGMLS #165307 Report a problem
        10/10/2025Price change$775,000-8.8%$63/sqft
        Source: SWGMLS #165307 Report a problem
        9/17/2025Price change$849,900-5.6%$69/sqft
        Source: SWGMLS #165307 Report a problem
        8/13/2025Price change$899,900-3.2%$73/sqft
        Source: SWGMLS #165307 Report a problem
        7/18/2025Listed for sale$929,900+9.5%$75/sqft
        Source: SWGMLS #165307 Report a problem
        1/21/2025Listing removed$849,000$69/sqft
        Source: SWGMLS #161964 Report a problem
        12/18/2024Price change$849,000-2.9%$69/sqft
        Source: SWGMLS #161964 Report a problem
        11/23/2024Price change$874,000-2.8%$71/sqft
        Source: SWGMLS #161964 Report a problem
        10/14/2024Listed for sale$899,000$73/sqft
        Source: SWGMLS #161964 Report a problem
        10/2/2024Listing removed$899,000$73/sqft
        Source: SWGMLS #161964 Report a problem
        9/23/2024Price change$899,000+11%$73/sqft
        Source: SWGMLS #161964 Report a problem
        6/27/2024Price change$810,000-37.7%$65/sqft
        Source: SWGMLS #161964 Report a problem
        6/23/2024Price change$1,299,900+0%$105/sqft
        Source: SWGMLS #161964 Report a problem
        6/20/2024Price change$1,299,700+44.4%$105/sqft
        Source: SWGMLS #161964 Report a problem
        6/14/2024Listed for sale$899,900+2627%$73/sqft
        Source: SWGMLS #161964 Report a problem
        4/9/2024Listing removed--
        Source: Zillow Rentals Report a problem
        2/22/2024Price change$500-13%
        Source: Zillow Rentals Report a problem
        1/11/2024Price change$575-11.5%
        Source: Zillow Rentals Report a problem
        1/9/2024Listed for rent$650
        Source: Zillow Rentals Report a problem
        12/28/2023Listing removed--
        Source: Zillow Rentals Report a problem
        7/14/2021Sold$33,000$3/sqft
        Source: SWGMLS #146845 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,616 +6.1%$71,400
        2024$3,406 +2.4%$71,400
        2023$3,327 +27.4%$71,400 +18.5%
        2022$2,612 -0.2%$60,240
        2021$2,618 +566.8%$60,240
        2020$393 -85.1%$60,240
        2019$2,639 -0.5%$60,240 -7.3%
        2018$2,652 -6.8%$65,000
        2017$2,847 +7.3%$65,000
        2016$2,654 $65,000
        2015$2,654 +35.3%$65,000
        2014$1,962 $65,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 31701

        Getting around

        23 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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