Address
2605 Jones Avenue, Columbus, GA
Price
$ 3,500,000
Property Attributes
- MLS#233877
- TypeSingle Family
- Listing Status Active
- CountyMUSCOGEE
- CityColumbus
- AreaMuscogee
- NeighborhoodJones Lt
- Zip31904
- Style
- Price$ 3,500,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1628
- Lot Size0.13 Acres
Data Source:
Columbus Georgia MLS (COGALMLS)
Property Description
Rare opportunity to acquire a pre assembled 61 unit rental portfolio in a single transaction, offering investors immediate scale, diversification, and multiple avenues for value creation. The portfolio includes a mix of single family and multifamily properties, providing a compelling combination of current rental income, high occupancy, and long term appreciation potential. With an approximate basis of just $57,000 per unit, the portfolio offers an attractive entry point for investors seeking meaningful rental housing scale without the time, expense, and complexity of assembling a portfolio one property at a time. High occupancy provides an established income base, while the existing portfolio offers significant potential for further growth. Value add opportunities include increasing rents toward market levels, completing targeted renovations, and implementing operational improvements to enhance property performance and overall portfolio value. The combination of a low basis, strong occupancy, and identifiable upside creates an attractive platform for both income growth and long term appreciation. Located near Fort Benning and major area employers, the portfolio benefits from proximity to established employment centers and sustained demand for affordable rental housing. Its scattered site structure provides additional diversification across properties and asset types, while allowing investors to acquire substantial rental housing scale through one transaction. The portfolio is offered as is, providing investors the opportunity to evaluate the existing assets and pursue their own renovation, management, and repositioning strategies. For investors seeking scale, an attractive price per door, high occupancy, diversification, and value add potential, this 61 unit portfolio represents a rare opportunity to acquire a substantial rental housing portfolio that is already assembled and operating, with meaningful opportunity to enhance performance and create additional value.
| Price History | |
|---|---|
| 8/28/2026 | Listed $3,500,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Other Type-See Remarks |
| Cooling | Other-See Remarks |
| Appliances | Other-See Remarks |
| Laundry Y/N | Other-See Remarks |
| Water | Public |
| Garage | Other Capacity-See Remarks |
| Energy | Other-See Remarks |
| Full Baths | 2 |
| Subdivision | JONES LT |
| Style | Other-See Remarks |
| Special | None |
| Rooms | Other-See Remarks |
| Status | Active |
| Virtual Tour | https://tour.usamls.net/2605-Jones-Avenue-Columbus-GA-31904/unbranded |
| Directions | Located throughout Columbus,GA. Please contact listing agent for more information. |
| City | COLUMBUS |
Interior Features
| Interior Amenities | Other-See Remarks |
|---|---|
| Basement | Other-See Remarks |
| Dining | Other-See Remarks |
| Kitchen | Other-See Remarks |
| Master Bath | Other-See Remarks |
| Beds | 4 |
| Approximate Heated SqFt | 1628 |
| SqFt Source | PBLCRCRDS |
| Bedroom | 4 |
Exterior Features
| Lot Description | Other-See Remarks |
|---|---|
| Exterior | Other |
| Lot Size Source | Public Records |
| Lot Dimensions | .13 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 31904
Price
Visits
East Alabama Board of Realtors ® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Columbus Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Lee County Association of REALTORS® (LCAOR) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
