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.
For sale
Price increase: $20K (8/17)
$685,000
2601 S Jackson St, Albany, GA 31701
18beds
12,384sqft
Detached Single Family
Built in 1968
1.95 Acres Lot
$-- Zestimate®
$55/sqft
$-- HOA
What's special
- 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
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Price change | $685,000+3%$55/sqft |
Source: SWGMLS #165307 Report a problem | ||
| 5/29/2026 | Price change | $665,000-5%$54/sqft |
Source: SWGMLS #165307 Report a problem | ||
| 3/31/2026 | Price change | $700,000-6.7%$57/sqft |
Source: SWGMLS #165307 Report a problem | ||
| 3/10/2026 | Listed for sale | $750,000$61/sqft |
Source: SWGMLS #165307 Report a problem | ||
| 3/1/2026 | Listing removed | $750,000$61/sqft |
Source: SWGMLS #165307 Report a problem | ||
| 12/1/2025 | Price change | $750,000-3.2%$61/sqft |
Source: SWGMLS #165307 Report a problem | ||
| 10/10/2025 | Price change | $775,000-8.8%$63/sqft |
Source: SWGMLS #165307 Report a problem | ||
| 9/17/2025 | Price change | $849,900-5.6%$69/sqft |
Source: SWGMLS #165307 Report a problem | ||
| 8/13/2025 | Price change | $899,900-3.2%$73/sqft |
Source: SWGMLS #165307 Report a problem | ||
| 7/18/2025 | Listed for sale | $929,900+9.5%$75/sqft |
Source: SWGMLS #165307 Report a problem | ||
| 1/21/2025 | Listing removed | $849,000$69/sqft |
Source: SWGMLS #161964 Report a problem | ||
| 12/18/2024 | Price change | $849,000-2.9%$69/sqft |
Source: SWGMLS #161964 Report a problem | ||
| 11/23/2024 | Price change | $874,000-2.8%$71/sqft |
Source: SWGMLS #161964 Report a problem | ||
| 10/14/2024 | Listed for sale | $899,000$73/sqft |
Source: SWGMLS #161964 Report a problem | ||
| 10/2/2024 | Listing removed | $899,000$73/sqft |
Source: SWGMLS #161964 Report a problem | ||
| 9/23/2024 | Price change | $899,000+11%$73/sqft |
Source: SWGMLS #161964 Report a problem | ||
| 6/27/2024 | Price change | $810,000-37.7%$65/sqft |
Source: SWGMLS #161964 Report a problem | ||
| 6/23/2024 | Price change | $1,299,900+0%$105/sqft |
Source: SWGMLS #161964 Report a problem | ||
| 6/20/2024 | Price change | $1,299,700+44.4%$105/sqft |
Source: SWGMLS #161964 Report a problem | ||
| 6/14/2024 | Listed for sale | $899,900+2627%$73/sqft |
Source: SWGMLS #161964 Report a problem | ||
| 4/9/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/22/2024 | Price change | $500-13% |
Source: Zillow Rentals Report a problem | ||
| 1/11/2024 | Price change | $575-11.5% |
Source: Zillow Rentals Report a problem | ||
| 1/9/2024 | Listed for rent | $650 |
Source: Zillow Rentals Report a problem | ||
| 12/28/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/14/2021 | Sold | $33,000$3/sqft |
Source: SWGMLS #146845 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
