Prime investment opportunity in Albany! This duplex at 512 Cherry Avenue offers immediate upside with one unit already fully renovated and rent-ready, while the other side provides value-add potential for increased cash flow. The updated unit features modern finishes and is ideal for attracting quality tenants at market rent. Investors will appreciate the flexibility to generate income right away while completing renovations on the second unit to maximize returns. Whether you're looking to house-hack, expand your rental portfolio, or capitalize on a fix-and-hold strategy, this property checks all the boxes. Conveniently located near local amenities, schools, and major roadways, this property is positioned for strong rental demand. Don't miss this chance to secure a partially renovated income-producing asset with built-in equity potential!
For sale
$69,000
512 Cherry Ave, Albany, GA 31701
4beds
7,500sqft
Duplex/Quad/Multi-Unit
Built in 1920
-- sqft lot
$-- Zestimate®
$9/sqft
$-- HOA
What's special
Modern finishesUpdated unit
- 95 days |
- 584 |
- 31 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Rashode Best 229-733-2237,
Select Realty Partners of Georgia
Source: SWGMLS,MLS#: 168856
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- A/C: Central Electric
Appliances
- Included: None
Features
- Other-See Remarks
- Flooring: Ceramic Tile
- Has fireplace: No
Interior area
- Total structure area: 7,500
- Total interior livable area: 7,500 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway Only
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Porch Covered
- Waterfront features: None
Lot
- Size: 7,405 Square Feet
Details
- Parcel number: 000HH/00026/022
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex/Quad/Multi-Unit
- Attached to another structure: Yes
Materials
- Wood Siding, Wood Trim
- Foundation: Crawl Space
- Roof: Metal
Condition
- Year built: 1920
Utilities & green energy
- Electric: Albany Utilities
- Sewer: Albany Utilities
- Water: Albany Utilities
- Utilities for property: Other
Community & HOA
Community
- Subdivision: Ragsdale
Location
- Region: Albany
Financial & listing details
- Price per square foot: $9/sqft
- Tax assessed value: $25,100
- Annual tax amount: $438
- Date on market: 4/3/2026
- Listing terms: Cash,Conventional
- Ownership: Individual
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,050/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2026 | Listed for sale | $69,000-1.4%$9/sqft |
Source: SWGMLS #168856 Report a problem | ||
| 3/1/2026 | Listing removed | $69,999$9/sqft |
Source: SWGMLS #166763 Report a problem | ||
| 1/24/2026 | Price change | $69,999-5.4%$9/sqft |
Source: SWGMLS #166763 Report a problem | ||
| 11/3/2025 | Price change | $74,000-6.3%$10/sqft |
Source: SWGMLS #166763 Report a problem | ||
| 10/3/2025 | Price change | $79,000-1.1%$11/sqft |
Source: SWGMLS #166763 Report a problem | ||
| 9/23/2025 | Listed for sale | $79,900+247.4%$11/sqft |
Source: SWGMLS #166763 Report a problem | ||
| 4/25/2023 | Sold | $23,000$3/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $508 +15.8% | $10,040 |
| 2024 | $439 -6.2% | $10,040 |
| 2023 | $468 +7.5% | $10,040 |
| 2022 | $435 -0.2% | $10,040 |
| 2021 | $436 -0.4% | $10,040 |
| 2020 | $438 -0.4% | $10,040 |
| 2019 | $440 +7.4% | $10,040 |
| 2018 | $410 -6.8% | $10,040 |
| 2017 | $440 +7.3% | $10,040 |
| 2016 | $410 | $10,040 |
| 2015 | $410 +1% | $10,040 |
| 2014 | $406 | $10,040 -26.7% |
| 2003 | -- | $13,700 |
| 2002 | -- | $13,700 -3.5% |
| 2001 | -- | $14,200 |
| 2000 | -- | $14,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 31701
Nearby schools
GreatSchools rating
- 3/10Martin Luther King- Jr. Elementary SchoolGrades: PK-5Distance: 3 mi
- 3/10Radium Springs Middle SchoolGrades: 6-8Distance: 3.7 mi
- 2/10Monroe High SchoolGrades: 9-12Distance: 0.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Georgia
- Dougherty County
- Albany
- 31701
- 512 Cherry Ave
