www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28736504
28736501

1071 Walnut St, Macon, GA 31201

Sahakyan Group
Listed by Sahakyan Group
$710,000
84 days on market
Updated 21 days ago

1071 Walnut Street

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,500
Net Rentable (SqFt) 6,500
Units 6
Cap Rate 8.35%
NOI $59,289
Occupancy 100%
Tenancy Multi
Rent Bumps No
Pro-Forma Cap Rate 9.15%
Pro-Forma NOI $65,000
Price per SqFt $109
Broker Co-Op Yes
Class A
Year Built 1996
Year Renovated 2024
Buildings 1
Stories 3
Investment Type Stabilized
Sale Condition 1031 exchange

Insane CAP of 8.35+%!! Stable and perfectly working 6-Plex for Sale in Macon, GA

Marketing description

Excellent, solid, and stable working Multifamily 6-Plex 2 blocks away from Downtown Macon, Georgia. A healthy combination of 4 one bedroom and 2 two-bedroom units with long term, stable and vetted tenants. Market rents on all units. There is always some room to increase rents upon renewals. All units are in mint condition, with updated flooring and appliances. Minimum maintenance required. This 6-Plex can be easily self-managed. The building is also in great, updated, and upgraded condition, which attracts good tenant pool. This 6-Plex is perfect for a new investor and/or seasoned professional, bringing minimum headaches and maximum return. Fully occupied. New tenants are easily found within 30 days, which keeps vacancy rate at almost 0%. Seller will accept cash offers, conventional financing. NO “Creative” stuff, NO Seller financing options will be considered. All showings will be conducted during DD period. DO NOT disturb tenants.

Investment highlights

  • Steady working 6-Plex
  • Fully Occupied
  • Easy to manage or even self-manage
  • Minimal maintenance required
  • No Capital Expenditures
  • Fast leasing within 30 days
  • Popular location, close to Downtown
  • Mint Condition
  • Pried to sell

Listing Contacts

Sahakyan Group
Listed by Sahakyan Group

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$59,289.00
$4,940.75/mo

Valuation Metrics

0
DSCR
8.35%
Cap Rate
8.35%
ROI

Map

Zoning

Intelligence Badge
HR-3 ResidentialTwo FamilyHistoric Residential District
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 117 uses
View all 117 uses
Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591