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$115,000

Listing Price

2beds

2baths

960sqft

8,276sqft lot

485 Mellon St, Columbus, GA 31903

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

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For Sale

Off Market

Single Family

Home type

106.3

Price / sqft

1959

Year built

Home Details

Investors, seize this exceptional opportunity to add a prime duplex to your portfolio! This well-maintained property features two fully remodeled 1-bedroom, 1-bath units, perfect for generating consistent rental income. Each unit has been updated with fresh interior and exterior paint. Recent renovations include the removal of a dilapidated enclosed porch and tree removal, providing a clean, inviting exterior. Significant upgrades have been made to ensure long-term durability and efficiency. The building showcases new fascia, soffit, and trim, along with a brand new 25-year architectural shingle roof and stylish new front doors. Inside, modern LVP flooring, two newly added kitchenettes—each equipped with sinks—make these units highly functional for tenants. The bathrooms have been tastefully updated with new vanities, plumbing, and fixtures. Additional improvements include brand new electric hot water heaters with protective pans, ensuring peace of mind for you and your tenants. The front fence has been repaired, adding to the property's overall appeal and security. Every unit has been fitted with new fixtures and upgraded electrical outlets, including GFCIs for safety compliance. Financially, this duplex is a standout investment. Each unit can generate approximately $800 per month, yielding a total income of $1,600. When factoring in management fees, vacancies, property taxes, insurance, and maintenance costs, the estimated cap rate stands around 11%. This impressive cash fl

Interior Details

Square Feet
  • 960

Bedrooms
  • 2

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Floor/wall Furnace

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    None

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 8276

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Block

Foundation
  • N/A

Roof
  • Hip

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$574

$3,144

$10,932

--%

$14,076

2019

$576

$3,144

$10,932

--%

$14,076

2017

$1,588

$3,144

$10,932

--%

$14,076

2017

$1,588

$3,144

$10,932

--%

$14,076

2016

$253

$1,806

$4,347

--%

$6,153

2013

$254

$1,806

$4,347

--%

$6,153

2012

$255

$1,806

$4,347

--%

$6,153

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Average Home Price in 31903

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percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
115,000
$
Down payment
23,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
690
$
HOA (Monthly)
0
$
PMI
0
$
$744
Your Payment
Total Monthly Payment:$744
Percent of Income:13%
Affordable:Yes

Details for 485 MELLON ST

Property Debt

Foreclosure Contact Details