Exceptional value-add multifamily investment opportunity in Columbus, GA! This offering includes three buildings with a total of 19 one-bedroom, one-bathroom units, presenting an outstanding opportunity for investors seeking their next renovation and repositioning project. The property is currently 100% vacant, allowing a new owner to complete renovations and lease the units without the challenges of existing tenant management. Located in one of Georgia's strongest workforce and military-supported rental markets, this asset offers tremendous upside through strategic improvements and stabilized operations. Columbus benefits from the consistent housing demand generated by nearby Fort Moore (formerly Fort Benning), one of the nation's largest military installations, creating a steady stream of military personnel, civilian employees, and contractors seeking rental housing. Whether you're looking to renovate and hold for long-term cash flow, execute a BRRRR strategy, or expand your multifamily portfolio, this property offers significant potential for appreciation and increased rental income. Opportunities like this are becoming increasingly difficult to find bring your vision and unlock the full potential of this income-producing asset.
Multi-familyProperty Type
1962Year Built
0.42 acresLot Size
9 spacesParking
Listed by River Bonds• Fleur De Lee Realty, LLC
Contact: 678-250-4114
Bought with NON-MLS NMLS• Non FMLS Member
Source:FMLS #7796832
Redfin Estimate
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This property is located just outside of Ft Benning. Owner is spose of listing Ga. realtor
Public Records
Jul 24, 2017
Sold
$175,000
Year
Property tax
Land + Additions
Assessment*
2025
$3,799
$17,564 + $79,474
$97,038
2024
$3,799 (+53.3%)
$17,564 + $79,474
$97,038
2022
$2,477
$17,564 + $79,474
$97,038
2021
$2,477
$17,564 + $43,111
$60,675
2020
$2,478 (−0.3%)
$17,564 + $43,111
$60,675
2019
$2,486
$17,564 + $43,111
$60,675
Public record
Public record
Zoning
Permits
Beds
1
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
0.42 Acres
Year renovated
—
Sq. Ft.
5,613
Year built
1962
Style
Multi-Family (5+ Unit)
County
Muscogee County
APN
062 038 033
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 19, 2026.
RMF2
VICTORY DRIVE
Residential Multifamily 2 District
The purpose of the RMF2 zoning district is to provide a high density residential zoning district that allows only multifamily dwelling types and maintains an overall residential character by allowing a limited number of commercial uses such as assisted, retirement or personal care facilities, and bed and breakfast inns; allowing secondary uses within office, and institutional, prohibiting other commercial uses; allowing uses that enhance residential areas, such as places of worship, elementary and secondary schools, and parks; and establishing property development regulations that are consistent with higher density residential concentrations.
Zone overlays
Victory Drive Overlay District
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Public service
Golf related
Dec 26, 2022 • Final
Commercial mechanical
HVAC
Nov 21, 2022 • Final
Change of service electrical
Electrical
Electric meter
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
# of Total Parking: 9
Parking Features: Parking Lot
Interior
Virtual Tour
Interior Features
Flooring: Hardwood
Unit 1 Information
# of Beds Total: 19
# of Baths Total: 19
Actual Rent: $14,890
Occupant Information: Vacant
Features: Other
Electric Included: Yes
Garbage Included: Yes
Gas Included: Yes
Water Included: Yes
Maintenance Included: No
Multi-Family Information
# Of Units Total: 19
Exterior
Property Information
Levels: Two
Construction Materials: Brick 4 Sides, Other
Roof: Shingle, Other
Property Condition: Fixer
Lot Information
TaxLegalDescription: 10 & 33 BK Q TORCH HILL HTS
Financial
Financial Information
Buyer Financing: Other
Utilities
Utility Information
Cooling: Central Air
Heating: Central
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Natural Gas Available
Location
School Information
Elementary School: Brewer
Middle Or Junior School: Arnold
High School: Kendrick
Location Information
Directions: Use GPS
Muscogee - GA
Public facts
Beds: 1
Baths: —
Sq. Ft.: 5,613
Stories: 1.0
Lot Size: 0.42 acres
Style: Multi-Family (5+ Unit)
Year Built: 1962
Year Renovated: —
County: Muscogee County
APN: 062 038 033
Home facts updated by county records on Sep 19, 2026
Around this home
Schools
South Columbus Elementary School
Public PreK-5 • Assigned • 0.6mi
5/10
Eddy Middle School
Public 6-8 • Assigned • 0.4mi
2/10
Provided by GreatSchools
Historical weather
Columbus, GA • 31903
Average low and high temperatures (°F)
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72
49
62
40
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Sun exposure
88/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.