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1006 51st St, Columbus, GA, 31904

1beds
1baths
--sqft
$100,000
--price/sqft
$1,001/moest. monthly cost
$40,040/yrincome needed

About This Home

Investment Opportunity with Commercial Potential Don't miss this versatile income-producing property in a prime Columbus location! Already generating rental income, this property also offers potential for increased rental rates, making it an excellent addition to any investment portfolio. Surrounded by established commercial properties, this location presents an opportunity to explore rezoning for commercial use (subject to city approval). Whether you're seeking a long-term rental, future office space, or a business location, this property offers exceptional flexibility and upside potential. Property Highlights * Income-producing investment * Potential for higher rental income * Surrounded by commercial properties * Opportunity to pursue commercial rezoning (buyer to verify) * Excellent location with future growth potential * Ideal for investors, developers, or business owner.

Getting Around

42
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

3/10
5/10
Arnold Middle SchoolGrades 6-80.6 mi
3/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1945

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: In Unit

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1

Heating & Cooling

  • Heating features: Hot Water,Natural Gas
  • Cooling features: Ceiling Fan(s),Window Unit(s)

Property

Details

  • Parcel number: 033 021 018A

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 4,791 sqft

Parking

  • Total spaces: 2
  • Parking features: Side/Rear Entrance

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

  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Heat Wave
Lightning

FEMA Declared Disasters Across Georgia Counties

Hurricane
Severe Storm
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 $505$6,060
Home Insurance *$207$2,484
Property Taxes $70$840
Electricity $219$2,637
Total$1,001$12,012
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$34,320/yr
40% on housing$30,030/yr
45% on housing$26,693/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
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: 6.4%
6.4%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 5.5%
5.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 31904$127
Muscogee County$111

vs Homes Sold Last Month

Median $/sqft

ZIP 31904
Muscogee County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-28Listed for sale$100,000
2003-10-07Sold$35,000

For Sale by Agent

AgentAngela L Cotton-Jones
BrokerageGo Realty

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