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Investment Highlights

  • Five-unit apartment property offering stable rental income potential.
  • Off-street parking supports tenant convenience and leasing appeal.
  • Strong long-term upside through potential cosmetic and systems upgrades.
  • Located in a well-established neighborhood near central Columbus amenities.
  • Situated on a 3,588 sq ft lot enabling manageable upkeep and cost control.
  • Accessible to major local routes and within a short drive of employment hubs.

Executive Summary

This five-unit multifamily property represents an affordable entry point into Columbus’ rental housing market. Built in 1944, the building spans a compact urban lot and offers investors immediate exposure to a steadily occupied neighborhood. The property benefits from off-street parking and functional layouts across each unit, aligning well with the continued demand for smaller multifamily assets in established communities.
Located near the heart of Columbus, the site provides convenient connectivity to major thoroughfares and city services. Residents enjoy close access to local schools, retail, daily conveniences, and employment centers. With limited comparable inventory in the submarket, this asset positions buyers to capture consistent rental income while considering long-term value through modest renovations or operational optimization. Competitive pricing further enhances its appeal as a cash-flow opportunity for both seasoned investors and those seeking their first multifamily acquisition in Georgia.

Property Facts

Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.26 AC
Building Size 3,588 SF
No. Stories 1
Year Built 1975
Opportunity Zone Yes
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 050-037-019
  • 050-037-020
Land Assessment
$15,568
Improvements Assessment
$19,784
Total Assessment
$35,352
  • Listing ID: 40631625

  • Date on Market: 5/22/2026

  • Last Updated:

  • Address: 2738 Baldwin St, Columbus, GA 31906

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