Strong investment opportunity in the heart of Moultrie, GA! 515 5th Avenue SE is a solid masonry-built quadplex featuring four spacious 2BR/1BA units (950 sq ft each). Currently 100% occupied with a proven rental history, the property offers immediate, turn-key income at $900/unit and significant upside with market comparables supporting $1,200/unit. Units are individually metered and direct billed by utility companies. Tenants enjoy ample off-street parking and a central location just blocks from historic downtown Moultrie - close to shopping, restaurants, major employers, schools, churches, and entertainment. Perfect for investors seeking stable cash flow with value-add potential, or for owner-occupants who want to live in one unit and lease the other three to offset or even eliminate housing costs. This quadplex can be purchased individually or together with the sister quad property next door (521 5th Avenue SE, MLS #146005). Moultrie / Colquitt County is thriving and the leader for steady growth in southwest Georgia. Close to Interstate(s) I-75 and I-10 and growth-minded leadership make the community a favorable place for professionals and families seeking convenience and value in a small town setting.
Proven multifamily opportunity in one of South Georgia's most stable rental markets! 521 5th Avenue SE is a well-maintained, masonry-built quadplex with four spacious 2BR/1BA units averaging 1,004 sq ft each. With current rents of $900/unit and comparable properties in the area achieving closer to $1,200/unit, there is significant room for income growth. Each unit is separately metered and residents are direct-billed for utilitiesâ??keeping operating expenses efficient for ownership. The property's prime location -- just blocks from downtown Moultrie -- places tenants near shopping, dining, schools, employers, and community amenities. This makes it ideal for investors looking for steady cash flow with value-add potential, or for an owner-occupant who wants to live in one unit and have the other three help pay the freight. This quadplex may be purchased individually or as part of a portfolio with the neighboring quad at 515 5th Avenue SE (MLS #146003), with a third quadplex just a block away also coming available soon. Moultrie and Colquitt County continue to see steady growth, fueled by strong local industries, excellent schools, and convenient access to I-75 and I-10. This is a great opportunity to secure an income-producing asset in a community with long-term stability and upside.
Moultrie is located in Georgia. Moultrie, Georgia has a population of 14,621. Moultrie is less family-centric than the surrounding county with 25.65% of the households containing married families with children. The county average for households married with children is 29.16%.
The median household income in Moultrie, Georgia is $33,929. The median household income for the surrounding county is $41,623 compared to the national median of $69,021. The median age of people living in Moultrie is 35 years.
The average high temperature in July is 91.4 degrees, with an average low temperature in January of 38.8 degrees. The average rainfall is approximately 51.3 inches per year, with 0.1 inches of snow per year.
