2503 Felton Avenue, Macon, GA 31206

Macon
Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
2503 Felton Avenue,Macon, GA 31206
$219,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: lance longgrear
Office: rivoli realty
MLS#:10707005
Source:METROMLS

Price summary

  • Price:$219,900

About this home

This turnkey duplex is less than a mile from Mercer University and delivers strong day one cash flow with a cap rate above 10 percent. Must be purchased with adjacent & identical duplex that is on a separate parcel. Two stable duplexes with value add opportunity! Each unit is a spacious 3 bedroom, 1 bath layout with updated interiors featuring LVP flooring throughout, tile bathrooms, and fresh paint. Clean, durable finishes keep maintenance low and tenant appeal high. Rents currently range from $950 to $1,250 per month per unit, providing immediate income from day one. The property is already renovated and stabilized with solid cash flow, yet offers light to moderate value add opportunity through strategic upgrades and rent optimization. Investors can increase income & value through improved amenities, exterior enhancements, or continued rent adjustments to market rates. These units have functional layouts with updated interiors. Adjacent duplex is located at 806 Armory

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Home facts

  • Year built:1970
  • Listing ID #:10707005
  • Updated:March 10, 2026 at 10:38 PM

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard

Structure and exterior

  • Year built:1970
  • Lot area:0.23 Acres
  • Construction Materials:Brick
  • Levels:1 Story

Schools

  • High school:Southwest
  • Middle school:Other
  • Elementary school:Ingram Pye

Utilities

  • Water:Public, Water Individual Meters
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$219,900
  • Tax amount:$314 (24)
MLS Logo2026 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed March 10, 2026

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