Exceptional income-producing property located in the heart of the historic district of Columbus — a rare opportunity featuring 6 total units (5 currently operating as short-term rentals) in an area where multifamily zoning is no longer permitted, making this a grandfathered and highly sought-after asset.
This property is currently operating as a high-performing Airbnb portfolio, with approximately 89% occupancy, significantly outperforming typical market averages. The unit mix includes multiple 1-bedroom units, a 2-bedroom unit, and a studio, providing diversified income streams and broad guest appeal.
The property is fully operational and turnkey, with established systems, active listings, and consistent booking performance. One unit is currently utilized as on-site staff housing, offering built-in operational support, with the option for conversion to additional income-producing use.
Conveniently located near downtown Columbus, the Riverwalk, and Fort Benning, the property benefits from strong and consistent demand drivers.
Climate control is handled through independent unit systems (including mini-split and window units), which have supported reliable performance and high occupancy over time.
Additionally, the property offers a unique financing advantage — it can be reconfigured to a 4-unit layout to align with conventional residential lending guidelines (Fannie Mae / Freddie Mac), creating an opportunity for “house hacking” with primary residence financing while still generating strong income.
This is a unique opportunity for investors seeking a stabilized, income-producing asset with proven performance, as well as buyers looking for flexibility in use, financing options, and future upside.
?? Investment Highlights
~89% occupancy (well above market averages)
5 active short-term rental units + 1 additional unit
Grandfathered multifamily zoning (no new comparable supply)
Strong revenue history and diversified unit mix
Turnkey operation with immediate income potential
Potential to convert to 4-unit configuration for conventional financing (house hacking opportunity)
?? Additional Information
Detailed financials, Airbnb listings, and performance data available upon request.
Ideal for investors seeking a short-term rental portfolio, boutique hospitality concept, or mixed-use opportunity in a high-demand area.
For sale by owner
$899,000
824 2nd Ave, Columbus, GA 31901
7beds
4,324sqft
MultiFamily
Built in 1884
-- sqft lot
$-- Zestimate®
$208/sqft
$-- HOA
Overview
What the owner loves about this home
This is a link to 1 of 5 Airbnb units operating in this Historic District home. Happy to provide all 5 to serious buyers.
- 88 days |
- 366 |
- 9 |
Listed by:
Property Owner (706) 794-6899
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Hardwood
- Basement: None
Interior area
- Total interior livable area: 4,324 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Wood
- Has view: Yes
- View description: City
Lot
- Size: 9,148 Square Feet
Details
- Parcel number: 003007016
Construction
Type & style
- Home type: MultiFamily
Materials
- Wood
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1884
Community & HOA
Location
- Region: Columbus
Financial & listing details
- Price per square foot: $208/sqft
- Tax assessed value: $352,650
- Date on market: 4/7/2026
Estimated market value
Not available
Estimated sales range
Not available
$974/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Listed for sale | $899,000+349.5%$208/sqft |
Source: Owner Report a problem | ||
| 3/31/2017 | Sold | $200,000+4.2%$46/sqft |
Source: Public Record Report a problem | ||
| 5/25/2007 | Sold | $192,015$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $141,060 |
| 2024 | $5,522 -0.6% | $141,060 |
| 2023 | $5,556 +6.3% | $141,060 +10.2% |
| 2022 | $5,227 +6.6% | $128,012 +6.6% |
| 2021 | $4,904 0% | $120,096 |
| 2020 | $4,905 -0.3% | $120,096 |
| 2019 | $4,920 +50.5% | $120,096 +50.5% |
| 2018 | $3,270 | $79,824 +3% |
| 2017 | $3,270 +262.2% | $77,500 +14% |
| 2016 | $903 | $68,000 |
| 2015 | $903 -67.9% | $68,000 |
| 2014 | $2,812 | $68,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 31901
Nearby schools
GreatSchools rating
- 3/10Davis Elementary SchoolGrades: K-5Distance: 1.4 mi
- 5/10Double Churches Middle SchoolGrades: 6-8Distance: 6.8 mi
- 3/10Jordan Vocational High SchoolGrades: 9-12Distance: 2.5 mi
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.
- Georgia
- Muscogee County
- Columbus
- 31901
- 824 2nd Ave








