Active8
Median $/door$71,250
Ask range$70,000–$508,900
Estimated cap7.0%n=5
Median DOM87

6 duplex · 1 triplex · 1 fourplex · 0 apartmentsGeorgia market report →

ACS 2023 · HUD FY2027 · 17 ZCTAs with ACS

Macon housing stock & renter economics

Macon apartment-building and small-multifamily investors concentrate in ZIPs where HUD Fair Market Rents sit above or beside ACS median gross rent. The table below is ZCTA housing stock and voucher benchmarks for commercial residential income underwriting, linked to each ZIP housing profile. Live FMLS set on this page: 8 buildings.

17 ZCTAs · 17 with ACS. Medians across ACS ZIPs; totals for stock. Not a listing feed.

Population
191,495
Households
72,014
Housing units
86,703
2-unit stock
4,570
3–4 unit stock
3,665
2–4 unit stock
8,235
5–49 unit stock
6,748
50+ unit stock
2,448
Median renter share
29.0%
ACS median rent
$898
Contract rent
$619
1BR SAFMR
$1,050
2BR SAFMR
$1,180
3BR SAFMR
$1,420
SAFMR / ACS rent
1.32×
Vacancy (ACS)
18.2%
Pop Δ 2018–2023
+1.1%
Median HH income
$48,516
Rent burden ≥30%
46.3%
Rent burden ≥50%
26.3%
LIHTC projects / units
51 / 3,334
HUD assisted MF
46 / 3,750
Alloc. 5+ permits
86

Macon: median renter share 29.0%; ACS median gross rent $898; FY2027 2BR SAFMR $1,180; 2BR SAFMR is 1.32× ACS median gross rent; 4,570 units in 2-unit structures, 3,665 in 3–4-unit structures, and 6,748 in 5–49-unit structures; population up +1.1% between ACS 2018 and 2023; 51 LIHTC projects (3,334 units); 86 allocated 5+ unit permits (county BPS × ZCTA share). Census / HUD stock — not a rent roll and not a buy/sell score.

ZCTA ≈ USPS ZIP. ACS 5-year 2023 lags construction. Units-in-structure is Census standing stock (2-unit vs 3–4 vs 5–49 vs 50+), not the live FMLS card. SAFMR is a bedroom-specific HUD voucher benchmark, not asking rent. LIHTC / assisted-MF are inventory of record and belong on apartment pages. 5+ permits are county BPS 2025 allocated by ZCTA housing-unit share. Brokerage is Georgia-only.

8 Multifamily Investment Properties for Sale in Macon

As of today, 8 active small multifamily listings in Macon · median $71,250/door · median estimated cap 7.0% (n=5). Macon provides Central Georgia multifamily opportunities at price points well below metro Atlanta. Inventory is dominated by duplexes and small residential multi-unit buildings, often with stronger cash-flow potential for buy-and-hold investors.

Macon is the core of Bibb County. Properties here typically appeal to investors prioritizing cash flow and longer holds over rapid appreciation. Do not import Atlanta cap rates or price-per-door assumptions.

Current Market Snapshot

Active Listings8
Avg List Price$195,225
Avg $/Unit$76,626
Avg Cap Rate (est.)9.0%
Price Range$70,000 – $508,900
Avg Units2.4

HUD Fair Market Rent · Bibb County(FY2026)

Studio$1,085
1 BR$1,158
2 BR$1,307
3 BR$1,567
4 BR$1,731

Showing 8 of 8 multifamily investment properties for sale

Multifamily for sale: 3631 W Napier Road, Macon
4 Units
Screenable
1% Rule
OZ
$508,900
13.4% Gross10.1% Capest

3631 W Napier Road

Macon, GA

Units4
$/Unit$127,225
DOM61
Listing MLSID: 7816381 · Listing courtesy of Realty Hub of Georgia, LLC · 888-900-1801

Frequently Asked Questions — Macon Multifamily

Are there multifamily for sale in Macon?

This page is the live FMLS Residential Income set for multifamily in Macon. Counts change with the MLS feed. If inventory is thin, open the statewide Georgia multifamily collection or the county page for a larger sample.

How does Macon compare to Georgia overall for multifamily?

Use the statewide inventory at /multifamily-for-sale/georgia for the full Georgia multifamily set, then compare $/door and published cap estimates against this city. Smaller markets often have one or two live listings; that is not a full comp set.

Do multifamily in Macon still qualify for residential financing?

Most 2–4 unit multifamily can still qualify for conventional residential financing when the buyer and property meet guidelines. Always confirm with your lender. 5+ unit buildings are a different stack.

Why is the estimated cap rate missing on some Macon listings?

Yields on this site are independent screening models, not MLS fields. A listing is left out of the cap sample when we cannot publish a number. That is not a zero cap — pull the rent roll.

Looking for multifamily investments in Macon?

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