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511 W Lincoln Ave, Albany, GA, 31701

1beds
1baths
874sqft
$19,400
$22price/sqft
$405/moest. monthly cost
$16,200/yrincome needed

About This Home

An excellent opportunity for both new and seasoned investors. This offering includes four fully occupied units with long-term tenants, currently generating just over $2,000 in monthly rental income. The portfolio may be purchased individually or as a package for $165,000, and includes 213 Monarch Dr. ($625/mo.), 721 Cotton Ave. ($525/mo.), 521 Cochran Ave. ($675/mo.), and 511 W. Lincoln Ave. ($300/mo.) Showings will be scheduled only after an accepted offer. Please contact your Realtor for additional details regarding this investment opportunity.

Getting Around

31
WalkingCar-Dependent
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

3/10
2/10
Monroe High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1952

Materials

  • Foundation: Other
  • Roof: Other
  • Construction materials: Other,Other Trim

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Detached Single Family

Interior

Appliances

  • Appliances included: Other-See Remarks

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Other-See Remarks
  • Flooring: Other-See Remarks

Interior Area

  • Total structure area: 874
  • Total interior livable area: 874 sqft

Property

Details

  • Parcel number: 0000E/00023/010

Features

  • Stories: 1
  • Exterior features: Other-See Remarks
  • On waterfront: Yes
  • Waterfront features: Other-See Remarks

Lot

  • Lot size: 5,662 sqft
  • Features: Other-See Remarks

Parking

  • Parking features: Other-See Remarks

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Lightning

FEMA Declared Disasters Across Georgia Counties

Hurricane
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $98$1,176
Home Insurance *$69$828
Property Taxes $19$228
Electricity $219$2,637
Total$405$4,860
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$13,885/yr
40% on housing$12,150/yr
45% on housing$10,800/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
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Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.9%
3.9%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -4.0%
-4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$22This listing

vs Other Active Listings

Avg $/sqft

ZIP 31701$121
Dougherty County$82

vs Homes Sold Last Month

Median $/sqft

ZIP 31701$42
Dougherty County$55

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-05Price change$19,400
2026-03-23Listed for sale$21,000
2024-05-28Listing removed$23,000
2024-04-30Listed for sale$23,000
2024-04-10Listing removed--
2024-04-10Pending sale$23,000
2024-03-12Price change$23,000
2024-02-07Listed for sale$25,000

For Sale by Agent

AgentJack Bell
BrokerageeXp Realty LLC

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