Movoto Real Estate
Sold on 07/20/2023
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920 Corder Rd, Warner Robins, GA 31088

$2,272,000

Last sold 07/20/2023 for $2.02M

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    bed

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    bath

Multi-family not for sale

About 920 Corder Rd

Property type Multi-family
Neighborhood
Year built 1968
HOA fee $0/month
Lot size 1 Acre
Movoto estimate
Rental estimate
Property description
This is an opportunity to own two small complexes for a total of 29 doors. Corder Rd has 15 doors which include 8 two bedroom townhouses, 3 three bedroom townhouses, and 4 three bedroom flats. One vacancy that can be turned and a tenant placed prior to purchase or after. That unit is a three bedroom flat and should rent for $1050/mo. Each unit is individually metered for water and power so owner only pays a minimal outdoor light bill and there is a grounds keeper that is paid monthly $300. All tenants are pretty stable with minimal issues. Some leases could be renewed under new ownership for an increased rent rate. Carolina Ave (Parcel 0W041G 004000) has 14 doors, all brick two bedroom duplexes that sit on 5.58 acres behind Northside High School. Market rent for these units is around $850/mo. There are two new vacancies that can be turned and tenant placed prior to sale or after. Each unit is individually metered for power and water so owner only pays for grounds keeper at $700/mo. Parking is at each unit and all but three units have had renovations (those three have long term stable tenants so only renovations as needed). All units have central AC/Heat or mini splits. Annual taxes of $9289. The two locations will be sold together and not split apart. Both locations are under management currently. Property manager is ok to keep managing them or to relinquish management to another company. Both locations are easy to manage with great tenants and very little issues on the property or surrounding areas.
Listed by
Listing Agent - Heather Peebles
Listing Office - Keller Williams Middle Georgia
Source: Georgia MLS mls logo
MLS#20125337 • last updated 3 years ago
Movoto checked Georgia MLS for data 7 minutes ago
Overview
Cooling/AC Central Air
Heating Central
Levels/Style Two
Status Sold
MLS # 20125337
Property Type Residential Income
Lot Size (Acres) 1
Lot Size (Sqft) 43560
Property Tax 11232
Year Built 1968
Property Condition Resale
Interior
Laundry In Unit
Exterior
Foundation Slab
Parking Off Street
Amenities / Utilities
Water/Sewer Public Sewer
Water Source Public
HOA Fee Includes None
Location
Subdivision Corder Rd Apts
Community Features None
Elementary School Miller
High School Warner Robins
Middle School Warner Robins
Directions Corder Rd Apts - Corner Of Corder Rd And Leverette Carolina Ave Apts - Directly Behind Northside High School On Carolina Ave.
APN 0W0810 21000
Multifamily Details
Total # of Units 15
$2.27M
Range: $2.04M-$2.49M
Last 30 days 
Rental est.: $961/month
Gross rent multiplier: 175.5
  • Sep 2023
    mls logo MLS # 20125337
  • Sep 18, 2023 Sold
    $2,023,500 (-9.9%)
  • Jul 20, 2023 Under Contract
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  • Jul 17, 2023 Back On Market
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  • May 31, 2023 Under Contract
    —
  • May 30, 2023 Listed
    $2,245,000
  • Year Property taxes Tax assessment
  • 2025
    $7,060 -36.7%
    $242,440 +17.44%
  • 2024
    $11,148 -0.8%
    $206,440 +10.3%
  • 2023
    $11,233 +43.4%
    $187,160 +7.46%
  • 2022
    $7,833 +42.0%
    $174,160 +6.3%
  • 2021
    $5,518 -0.5%
    $163,840
  • 2020
    $5,545
    $163,840
  • 920 Corder Rd
    $2.02M
  • Corder Rd Apts
    —
  • 31088
    $259K -9% y/y
  • Warner Robins
    $245K -1% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

Around Corder Rd Apts

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