1620 E Park Ave, Valdosta, GA

Multi-family for Sale - $615,000 - 7,934 Sq. Ft.


Agent Info

Autumn Wibright
Coldwell Banker Commercial Premier Real Estate

Property Info

CIMLS#1194896
Location
  1620 E Park Ave
  Valdosta GA 31602
UpdatedAugust 6th, 2026
TypeMulti-family
Price$615,000
Building7,934 Sq. Ft.

Property Description

17-unit value-add apartment building in Valdosta's Opportunity Zone. The property includes 12 studios, 3 one-bedroom/one-bath units, and 2 two-bedroom/one-bath units across 7,934 SF on a 0.71-acre lot. Six units are currently vacant and ready for renovation, creating immediate upside through lease-up and rent increases. Rents range from $550 to $750 per month, with a mix of annual and at-will leases. Conveniently located near downtown and major employers, this is an opportunity to reposition a multifamily asset with both current income and value-add potential.


Financials