
Improved Residential Land for Sale in Moultrie, Georgia
700 1st St, Moultrie, GA 31768
22-unit turnkey multifamily investment opportunity in Moultrie with 100% occupancy and strong cash flow. Six buildings across three contiguous parcels totaling approximately 23,916 SF. Unit mix includes fourteen 2BR/1BA units, four 3BR/2BA units, three 1BR/1BA units, and one studio unit, providing diversification across multiple tenant demographics and maximizing leasing demand. Current rents total $19,865/month with ability to bump to market rates of $22,530/mo. All units have been updated with LVP flooring, fresh paint, central HVAC, and upgraded fixtures/appliances while maintaining historic character and oversized floorplans. The property offers a unique, controlled residential setting on a quiet dead-end public street with no through traffic. Individually metered units with tenants direct billed by utility providers. Moultrie and Colquitt County continue to benefit from positive economic growth, expanding employers, and increased regional investment that support a strong multifamily rental market. Offered at $2,195,000 with projected cap rates of 7.06% current and 8.01% pro forma - rent roll, financials, and full offering memorandum available to qualified prospects.
Location
- Street address
- 700 1st St
- County
- Colquitt County
- Community
- Moultrie
- Elevation
- 322 feet
Property details
- Acreage
- 1.75 acres
- Zoning
- R-3
- MLS #
- VMLS 153644
- Posted
Property taxes
- 2025
- $10,806
Parcels
- multi
Legal description
in listing office
Details and features
Listing
- Type
- Residential Multi Family
Exterior
- Features
- None
Structure
- Stories
- 2
- Heating
- Central
- Cooling
- Central Air
- Materials
- Brick, Brick Veneer, Frame, Vinyl Siding
- Roof
- Metal
Interior
- Features
- Ceiling Fan(s)
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 12, 2026 | New listing | $2,195,000 | — | VMLS |








































