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512 Cherry Avenue

Albany, GA 31701
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Bed 4

Bed

Bath 2

Bath

SqFt7,500

Sqft

Prime investment opportunity in Albany! This duplex at 512 Cherry Avenue offers immediate upside with one unit already fully renovated and rent-ready, while the other side provides value-add potential for increased cash flow. The updated unit features modern finishes and is ideal for attracting quality tenants at market rent. Investors will appreciate the flexibility to generate income right away while completing renovations on the second unit to maximize returns. Whether you're looking to house-hack, expand your rental portfolio, or capitalize on a fix-and-hold strategy, this property checks all the boxes. Conveniently located near local amenities, schools, and major roadways, this property is positioned for strong rental demand. Don't miss this chance to secure a partially renovated in come-producing asset with built-in equity potential!

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Detail Ic Property Details

Property Type : Duplex/Quad/Multi-Unit

Price : $69,000

AD Id : 76714936

MLS Id : 168856

Beds : 4

Living Area Size : 7,500

Year Built : 1920

County : Dougherty

Subdivision: Ragsdale

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Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 4

    Bathroom Information

    Full Baths: 2

    Water/Sewer

    Water Source: Albany Utilities Sewer: Albany Utilities
  • Room Information

    Other-See Remarks

    Interior Features

    Other-See Remarks Exterior Property Features: Porch Covered Property Appliances: None Fireplace: None
  • Flooring Information

    Ceramic Tile

    Heating & Cooling

    A/C: Central Electric

  • Building Information

    Year Built: 1920 Block: 7/16 Building Stories: 1 Fireplace: None Construction: Wood Siding
  • Exterior Features

    Porch Covered
  • Utility Features

    Water: Albany Utilities Sewer: Albany Utilities

  • Listing Price Information

    Original List Price: $69,000
  • Listing Information

    Legal Description: BLK 16 LOT 7 RAGSDALE

  • Tax Information

    Annual Tax: $438 Tax Year: 2025 Parcel Number: 000HH/00026/022

  • Parking Information

    Parking Features: Driveway Only
  • Multi-Unit Information

    Possible Financing: Cash,Conventional Square Foot Source: Courthouse Approx Parcel Size: 0.17 Bath: 2 Bedrooms: 4 Unit Block: 7/16

  • Fire Place Information

    Fire Place: None
  • Utility Information

    Water:Albany Utilities Sewer:Albany Utilities Utilities:Other
  • Location Information

    Area:Southeast Albany Direction: From U.S. Route 19, take the exit toward West Highland Avenue and head east. Turn right onto Cherry Avenue and continue straight—512 Cherry Avenue will be on your right.
  • Direction Information
    From U.S. Route 19, take the exit toward West Highland Avenue and head east. Turn right onto Cherry Avenue and continue straight—512 Cherry Avenue will be on your right.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2126 S Martin Luther Ki.., Albany, GA, 31701 $299,000 16 8 5,890 5,890 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
1002 Seventh Ave, Albany, GA, 31701 $159,900 4 2.5 2,400 2,400 SqFt
1108 W 4th Ave, Albany, GA, 31701 $225,000 6 2 1,788 1,788 SqFt

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 06/07/2026 @ 16:06

MLS: 168856 LISTED BY: Rashode Best, Select Realty Partners of Georgia 229-733-2237 SOURCE: Albany Board of Realtors

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