Log In/Sign Up
Your email has been sent.
4731 Marino St - Income producing 2 unit property 2 Unit Apartment Building Offered at $155,000 at a 12% Cap Rate Columbus, GA 31907
Investment Highlights
- Income Producing 2 Unit Property
- Separate Driveways and separate fenced in yards
- Strong 12% cap rate
Executive Summary
Fully occupied income-producing property with 2 units, offering immediate cash flow in Columbus, Georgia. This approximately 1,968 square foot investment property features two separately occupied units. Unit 1 is a 3 bedroom, 1 bath with a private carport and fenced backyard. Unit 2 is a 2 bedroom, 1 bath with its own private driveway and fenced backyard. The property is currently generating an annual NOI of $18,540, resulting in an estimated 12% cap rate. Whether you're looking to expand your rental portfolio or purchase a multigenerational home, this turnkey property offers immediate income, stable occupancy, and strong investment potential. Conveniently located near shopping, schools, major employers, and Fort Benning, making it an attractive option for long-term tenants.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$26,940
|
$13.69
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$26,940
|
$13.69
|
| Taxes |
$1,086
|
$0.55
|
| Operating Expenses |
$7,314
|
$3.72
|
| Total Expenses |
$8,400
|
$4.27
|
| Net Operating Income |
$18,540
|
$9.42
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $26,940 |
| Annual Per SF | $13.69 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $26,940 |
| Annual Per SF | $13.69 |
| Taxes | |
|---|---|
| Annual | $1,086 |
| Annual Per SF | $0.55 |
| Operating Expenses | |
|---|---|
| Annual | $7,314 |
| Annual Per SF | $3.72 |
| Total Expenses | |
|---|---|
| Annual | $8,400 |
| Annual Per SF | $4.27 |
| Net Operating Income | |
|---|---|
| Annual | $18,540 |
| Annual Per SF | $9.42 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | $1,295 | 1,027 |
| 2+1 | 2 | $950.00 | 941 |
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
1 of 26
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
4731 Marino St - Income producing 2 unit property