Rare opportunity to acquire a portfolio of 15 apartment units across three parcels in the heart of Downtown Macon, Georgia. Situated on the prominent corner of Mulberry Street and Spring Street, this unique offering features a collection of historic buildings with strong architectural character and an irreplaceable downtown location. The property consists of a diverse unit mix including studio, one-bedroom, and two-bedroom apartments, providing broad appeal to downtown residents seeking walkable access to Macon's vibrant business, dining, entertainment, and cultural districts. Residents enjoy convenient proximity to Mercer University, Atrium Health Navicent, government offices, and the numerous restaurants, shops, and entertainment venues that have fueled Downtown Macon's continued growth and revitalization. A valuable feature in the downtown market, the property includes adequate on-site parking, enhancing tenant convenience and supporting long-term occupancy. The multi-parcel configuration offers operational flexibility and potential future value-add opportunities for investors seeking to expand or reposition assets in one of Middle Georgia's most dynamic urban markets. Whether you're seeking a stabilized income-producing asset, a historic redevelopment opportunity, or a strategic addition to an existing multifamily portfolio, this Downtown Macon property presents a compelling combination of location, character, and investment potential.
| MLS # | 10804714 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1890 |
| Days On Site | 90 |
| Listing Provided By | Vesta Consolidated Realty | Benjamin Sapp |
| SQ Feet | 8,642 |
|---|---|
| Building(s) | 6 |
| Zoning | Multi-Family |
| Acreage | 0.67 |
| Cooling | Central Air, Electric, Window Unit(s) |
|---|---|
| Cooling Yes / No | Yes |
| Heating | Baseboard, Central, Electric, Heat Pump, Natural Gas |
| Heating Yes / No | Yes |
| Lot Features | City Lot, Corner Lot |
|---|---|
| Construction Materials | Frame, Wood Siding |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | On Street, Parking Lot |
| Open Parking Yes / No | Yes |
| Utilities | Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
| Tax Annual Amount | 9290 |
|---|---|
| Tax Year | 2025 |
| State | GA |
|---|---|
| County | Bibb |
| City | Macon |
| Zip Code | 31201 |
| Area | Bibb |
| Listing VS Median (in 31201) | |
Price: $1,395,000 low | high Med: $140,000 sqft: 8,642 low | high Med: 1,011 $ / sqft: $161 low | high Med: $138 On site: 90 low | high Med: 141.5 | |
| State | GA |
|---|---|
| County | Bibb |
| City | Macon |
| Zip Code | 31201 |
| Area | Bibb |
| Listing VS Median (in 31201) | |
Price: $1,395,000 low | high Med: $140,000 sqft: 8,642 low | high Med: 1,011 $ / sqft: $161 low | high Med: $138 On site: 90 low | high Med: 141.5 | |