2126 S Martin Luther King, Jr. Drive
Albany, GA 31701
16
Bed
8
Bath
5,890Sqft
Excellent 8-Unit Multifamily Investment Opportunity! This investment package consists of two brick quad buildings totaling 8 units, with each unit offering a desirable 2-bedroom, 1-bathroom layout. The properties provide a total of 16 bedrooms and 8 bathrooms, creating an attractive opportunity for investors looking to acquire multiple rental units in a single transaction. Each unit features washer/dryer connections, individual window units for heating and cooling, and laminate flooring throughout. Several units have also received updates to kitchen cabinets and countertops, and both roofs have been replaced, helping reduce major near-term capital expenditures. The property currently generates immediate cash flow, with reported monthly income of approximately $3,425 and potential monthly
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 16Bathroom Information
Full Baths: 8Water/Sewer
Water Source: Albany Utilities Sewer: Albany Utilities -
Room Information
NoneInterior Features
Other-See Remarks Exterior Property Features: Other-See Remarks Property Appliances: Smoke Detector,None Fireplace: None -
Flooring Information
LaminateHeating & Cooling
A/C: Window/Wall,Heat: Window/Wall
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Building Information
Year Built: 1970 Block: N/A Building Stories: 1 Fireplace: None Construction: BrickExterior Features
Other-See RemarksUtility Features
Water: Albany Utilities Sewer: Albany Utilities
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Listing Price Information
Original List Price: $330,000 -
Listing Information
Legal Description: PT LL 320 1ST DIST CORNER FLINTSIDE & MLK JR/4911 210
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Tax Information
Annual Tax: $1,373 Tax Year: 2025 Parcel Number: 000BB/00018/191 & /196
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Virtual Tour
Parking Information
Parking Features: Other-See Remarks -
Multi-Unit Information
Possible Financing: Cash,Conventional Square Foot Source: Courthouse Approx Parcel Size: 0.57 Bath: 8 Bedrooms: 16 Unit Block: N/A
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Fire Place Information
Fire Place: None -
Utility Information
Water:Albany Utilities Sewer:Albany Utilities Utilities:Electricity Connected,Sewer Connected,Water Connected -
Location Information
Area:Southeast Albany Direction: Heading east on Oglethorpe turn right at the red light onto Martin Luther King Jr Dr. the quadraplex is located about 1/4 mile on the left.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 408 Emily Ave, Albany, GA, 31701 | $85,000 | 4 | 2 | 1,680 | 1,680 SqFt |
| 412 Emily Ave, Albany, GA, 31701 | $85,000 | 4 | 2 | 1,680 | 1,680 SqFt |
| 202 N Madison, Albany, GA, 31701 | $75,000 | 4 | 2 | 1,536 | 1,536 SqFt |
| 711 2nd Avenue, Albany, GA, 31701 | $265,000 | 6 | 3.5 | 3,234 | 3,234 SqFt |
| 907 Highland Avenue, Albany, GA, 31701 | $42,500 | 3 | 2 | 1,344 | 1,344 SqFt |
| 918 Society Ave, Albany, GA, 31701 | $144,900 | 6 | 3 | 2,298 | 2,298 SqFt |
| 1108 W 4th Ave, Albany, GA, 31701 | $225,000 | 6 | 2 | 1,788 | 1,788 SqFt |
Similar Multifamily To 2126 S Martin Luther King, Jr. Drive
Nearby For Sale
All listings featuring the "Albany GA Area" as the source are provided by "Albany Board of Realtors". This information is not verified for authenticity or accuracy and is not guaranteed.
ByOwner last updated this listing 08/16/2026 @ 15:44
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