150 Church Street SW, Pelham, GA
Multi-family for Sale - $495,000 - 4,978 Sq. Ft.
Agent Info
| John Courson Coldwell Banker Commercial Premier Real Estate |
Property Info
| CIMLS# | 1196937 |
| Location 150 Church Street SW Pelham GA 31779 | |
| Updated | September 22nd, 2026 |
| Type | Multi-family |
| Price | $495,000 |
| Building | 4,978 Sq. Ft. |
Property Description
Stabilized 4-unit investment with proven rental history in the heart of charming downtown Pelham in Southwest Georgia! 150 SW Church Street offers a rare combination of in-place income, historic character and an inviting small-town setting. Offered at $495,000, this distinctive ±4,978 SF brick property features four spacious 2BR/1.5BA residences, each currently renting for $1,100/month, generating $4,400 in monthly scheduled rent and $52,800 annually (±7.46% cap rate at 30% OPEX). Originally constructed in the 1940s and thoughtfully renovated, the building retains the character that makes it special, including refinished hardwood floors, high ceilings, fireplaces, built-in storage, sitting areas and inviting porches, complemented by stainless appliances and updated fixtures and finishes. Central HVAC, brick construction and a metal roof add to the appeal and make this a must-see property. Located in downtown Pelham, residents enjoy the charm and convenience of small-town living with shopping, dining, banking and everyday services nearby. The established long-term rental model provides immediate cash flow, while the property's distinctive character and downtown location also create potential for furnished, corporate or short-term rental use for one or more units, subject to applicable regulations. Proven income, historic character and multiple rental possibilities—all in the heart of downtown Pelham.



