2503 Felton Ave, Macon, GA

Name: 2503 Felton Ave, For Sale in Macon - Zoocasa
Brand: Rivoli Realty
SKU: 183360
Price: 219900 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$219,900

620

MLS® 183360

Overview

Key Facts

Type Duplex

Levels Residential Income

Size 1798 sqft

Garage No

Taxes

Days Active 1

Lot Size 0.23 acres

Approx. Age 1970

Avg. Price Per Sqft $122

MLS® Number 183360

Property Address: 2503 Felton Ave, Macon, GA, 31206-8323

Average square foot calculated using Size range provided by listing agent.

Description

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 Drive. Total price for both duplexes is $439, 800 and they must be purchased simultaneously. Additional information available upon request.

MLS® Number183360

Laundry Level

Central VacNo

FireplaceNo

Acreage0.23

Exterior

GarageNo

Approx. Age1970

Basement

DrivewayOther

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 2, 2026List Date

$219,900List Price

Feb 27, 2025End Date

$110,000Sold Price

Sold

Nov 27, 2024List Date

$145,000List Price

Map

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