Multifamily

2144 Felton Avenue

Macon, GA 31201

Location

2144 Felton Avenue, Macon GA 31201

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List Price$70,000
2 Units$35,000 per unit
Published yieldsYields UnpublishedRent coverage 0% — yields unpublished
IncompleteListing evidence · class C
Rents0 / 2 units
Who paysWater tenant · Elec tenant · Gas tenant · Trash tenant · 1 units unknown
OccupancyNot in remarks
FinancialsMLS GI/NOI empty · Tax $536 (2025)

Not enough FMLS financials to publish cap, cash-on-cash, or DSCR in the hero. Use the calculator as a modeled scenario and request the rent roll / T-12.

Property Financials

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Data last updated: October 5, 2026 at 4:01 PM EST
ACTIVE
FMLS #7829963
Listing Provided By Coldwell Banker Realty · 404-262-1234
Description

Property Description

Investment opportunity in Macon! This vacant duplex offers two 2-bedroom, 1-bath units with approximately 1,728 square feet of total living space on a 0.22-acre lot. Built in 1955, the property presents an excellent opportunity for investors, renovators, builders, or buyers seeking their next value-add project. Whether your vision is a full renovation for long-term rental income, a potential fix-and-hold investment, or redevelopment of the site, this property offers numerous possibilities. Zoned for duplex use and situated in an established area of Macon, the property is positioned near major roadways, shopping, dining, schools, downtown Macon, and several healthcare facilities. Macon continues to attract investors due to its central Georgia location, strong transportation access, and growing redevelopment activity. Conveniently located near everyday amenities, Atrium Health Navicent, Piedmont Macon Medical Center, and downtown shopping and dining destinations, this property offers a strategic location for future investment plans. Buyer to independently verify zoning, permitted uses, lot dimensions, redevelopment potential, and all property information deemed important.
Listing facts

From this record

  • Incomplete — 0 of 2 unit rents
  • Mix from remarks: 2× 2bd

2 doors on the listing. Generic market notes are below the fold.

Tax Advantage

Opportunity Zone Property

Tract 13021010500

This property is located inside a federally designated Qualified Opportunity Zone. Long-term investors may still access meaningful capital-gains benefits — primarily the potential exclusion of post-investment appreciation after a 10-year hold — when structured through a Qualified Opportunity Fund.

  • ExcludePotential permanent exclusion of post-investment appreciation if held 10+ years through a Qualified Opportunity Fund
  • TransitionCurrent zone designations remain in effect through 2028; new permanent OZ 2.0 rules begin January 2027
  • StructureBenefits require investment via a Qualified Opportunity Fund and satisfaction of holding-period and improvement tests

Opportunity Zone benefits depend on timing, fund structure, holding period, and substantial-improvement tests. The original deferral of pre-investment gains ends December 31, 2026. New rules (OZ 2.0) begin January 1, 2027. This is educational only — not tax, legal, or investment advice. Confirm current eligibility and structure with your CPA and counsel before acting.

Unit Mix & Available Rent Roll

Breakdown based on data provided in the FMLS listing· HUD Small Area FMR (ZIP 31201, FY2027)shown for comparison

UnitBedsBathsMonthly RentHUD SAFMRElecGasWaterGarbMaint
Unit 1remarks mix2——$1,320—————
Unit 2remarks mix2——$1,320—————
Total0 of 2 units with rent$0Y = owner-paid · — = unknown

* Rent roll information is taken from the available FMLS listing data. Many multifamily listings do not include complete or verified tenant financials. Always verify actual rents, leases, and operating expenses during due diligence. HUD Small Area Fair Market Rents (ZIP-level payment standards) are published by the U.S. Department of Housing and Urban Development and are shown for comparison only.

Scenario

Investment Calculator

Scenario only. Enter GPI — incomplete roll. Do not treat the results as in-place. Override any value.

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Repairs, pest, landscaping, cleaning, admin. Water and trash are separate lines. Electric/gas off when tenant-paid.

Conventional = fully amortizing. Commercial = shorter call + balloon. Seller finance = below-market note. Cash = no loan.

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Scenario returns — not in-place
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Scenario only. Yields unpublished — thin roll. Results are not in-place.

Coverage rules
  • GPI pre-fills only from MLS GI, a building-total UnitTypes row, or a rent roll covering ≥ 80% of doors.
  • A single sample rent is not averaged across the building.
  • Vacancy floor is max(5%, 100 − present occupancy in remarks).
  • Mgmt 8% at 8+ units, else 10%. Insurance $800/door. R&M $800/door.
  • Utility allowances turn on only when the who-pays grid or remarks say owner-paid.
  • SAFMR push is mix-weighted and hidden when the sample is extrapolated from thin coverage.
  • Commercial = 30% / 7% / 25-yr amort. Conventional = 25% / 7% / 30-yr. Cash = 100% equity, no debt service. CoC = NOI ÷ price.
Incomplete

Jeff’s Investment Take

Market data · October 2026

Working thesis

Rent coverage or MLS financials are too thin to publish yields. Request the roll and T-12 before treating this as a screen.

  • Incomplete — 0 of 2 unit rents
  • Mix from remarks: 2× 2bd
Opportunity ZoneTract 13021010500

This property sits in a Qualified Opportunity Zone. For investors with a longer hold and proper QOF structure, the potential exclusion of post-investment appreciation after 10 years remains a meaningful tax-side consideration alongside the deal metrics above.

Educational only — not tax advice. Benefits depend on timing, fund structure, and holding/improvement tests. Confirm with your CPA.

Directional local contextBibb County

Thin sample for this geography. Treat medians as orientation only — verify with current rent roll and comps.

Med. close $/door$67,5003 closed · 12 mo
Med. asking rent$850
Months of supply32.0Active ÷ (12-mo closed ÷ 12)
County sold gross13.5%Rent ÷ close · T12 sold tape
County asking gross12.1%Rent ÷ list · live asks
County sold NOI cap6.0%Calculator stack on closes

Modeled from available FMLS data, unit mix, and operating assumptions, with directional local / North Georgia context. DSCR and cash-on-cash use conventional terms (25% down / 7% / 30-yr) for ≤4 units. Always verify with current rent roll and expenses.

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Disclaimer

Important Investment Information

Median estimated cap, cash-on-cash, and DSCR require MLS gross income or NOI, a dated broker package, a listing building total, or a unit rent roll covering at least 80% of doors. Thin records stay Incomplete — those yields are not printed in the hero or on cards. The calculator is a labeled scenario, not in-place income.

When a line is missing we use disclosed defaults only inside the calculator: vacancy floor of max(5%, 100 − present occupancy in remarks); management 8% of EGI at 8+ units otherwise 10%; insurance $800 per door; R&M $800 per door. Utility allowances turn on only if the who-pays grid or remarks say owner-paid (water $900–1,800 per door until a T-12). A single who-pays row does not set the building. We do not use an all-in “other” of $1,100 per door, and we do not average one sample rent across the building.

Rent coverage 0% — yields unpublished

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.