Description

$100,000 for a 4 Unit property? Yes, you read that correctly. The price has been strikingly reduced to reflect the property's condition and needed repairs. And there WILL be repairs needed. This competitive adjustment presents a strong opportunity for cash investors looking to repair, renovate, and have an income producing investment. With that said, this Quadplex features three 1 Bedroom Units in the main house and a cottage out back. Currently the cottage is rented for $525 per month and utilities are included in the rent. Unit 3 is occupied and rents for $600. Units 1-3 Pay their own utilities except for water, paid for by the owner. Unit 1 and Unit 3 are currently vacant, but were renting out for $525 each when occupied. This property is located directly next door to 2904 Beacon Ave - also listed for sale by the same seller - an opportunity for you to own 2 investment properties side-by-side for a total of 6 Units! This property is being sold AS-IS. Please do not disturb the current tenants. Occupied units available to tour during Due Diligence period only. This property is part of an Estate Sale that has been cleared by probate for sale. Executor does not have any rent rolls for the property. Cash offers only. No Seller Financing.

Property Details

Property Type

Residential Income

Bedrooms

4

Bathrooms

4

Living Area

2,689 sq ft

Lot Size

0.17 acres

Year Built

1914

Subdivision

Waverly Terrace

County

Muscogee

Sold Price

$90,000

Sold Date

January 28, 2026

Last List Price

$100,000

Last List Date

October 29, 2025

Price History

1. Jan 28, 2026 Sold MLS# 224183 $90,000
2. Jan 8, 2026 Price Reduced MLS# 224183 $100,000 -$59,900
3. Dec 8, 2025 Price Reduced MLS# 224183 $159,900 -$5,000
4. Oct 29, 2025 Listed MLS# 224183 $100,000

Location