619 Elberta Street Fort Valley, GA $ 979,000
619 Elberta Street
$ 979,000
Recently Listed New Construction
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619 Elberta Street

Fort Valley, GA, 31030
$ 979,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 6,762

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Multi-Family Home for sale in Fort Valley, GA

for $979,000. This home was built in 2026 on a lot size of 0.37.

6 BRAND-NEW MULTIFAMILY UNITS 18 BEDROOMS $151,200 PROJECTED ANNUAL GROSS RENTAL INCOME $979,000 ASKING PRICE! An exceptional new construction investment opportunity in Fort Valley, Georgia! Discover 619 Elberta Street, a six-unit multifamily property designed for flexible rental strategies, with an estimated completion date of December 15, 2026. Offered at $979,000, approximately $121,000 below its reported $1.1 million desktop appraisal, this property offers investors an opportunity to acquire six newly constructed units in one transaction. SIX UNITS. EIGHTEEN BEDROOMS. EIGHTEEN BATHROOMS. Each unit features a spacious 3-bedroom, 3-bathroom floor plan with granite countertops, stainless steel appliances, luxury vinyl plank flooring, open-concept living areas, modern finishes, and central heating and cooling. The property also offers nine parking spaces. INVEST IN A REGION ATTRACTING MAJOR ECONOMIC DEVELOPMENT! Peach County is the focus of approximately $4.3 billion in announced manufacturing investments, including Blue Bird Corporation's $300 million Fort Valley expansion and Audi's planned $4 billion Middle Georgia manufacturing facility. Together, these announcements represent approximately 4,875 planned jobs, creating potential future opportunities for local rental housing demand. Job creation, project timelines, and rental demand are not guaranteed. TWO WAYS TO PURCHASE! Option 1: Purchase vacant and unfurnished, giving you the flexibility to establish your own leasing and management strategy. Option 2: Explore an optional furnished student-housing investment package with tenant placement services available for an additional fee. Student occupancy is targeted for January 31, 2027, subject to leasing activity, executed agreements, and tenant availability. Neither occupancy nor rental income is guaranteed. INVESTMENT POTENTIAL: At a projected $700 per bedroom per month, the property offers $12,600 in potential monthly gross rental income and $151,200 annually at full occupancy, before vacancy and operating expenses. This equates to a 15.44% gross scheduled income yield based on the asking price, not a cap rate. A projected financial package and pro forma are available for qualified buyers. Ideal for investors evaluating multifamily portfolio expansion, student housing, workforce rental opportunities, or a potential 1031 exchange. Located in the Fort Valley market near Fort Valley State University. Cash and conventional financing considered. DSCR financing may be available subject to lender approval. Buyers should consult their tax professionals regarding potential year-end acquisition and depreciation strategies. NEW CONSTRUCTION. SIX INCOME-PRODUCING UNITS. ONE INVESTMENT OPPORTUNITY. Schedule your private showing and request the investor financial package today!

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Multi-Family Active

Price

$ 979,000

Property Type

Multi-Family

Taxes

$ 4,500

Style

Lot Size

0.37

Year Built

2026

Town/City

Fort Valley

County/Region

Peach

MLS | Web ID

10887067

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Individual Meters
HOA Fee 0
Association Fee Includes None
Construction Materials Vinyl Siding
Year Built 2026
Levels Two
Property Subtype Multi Family
Tax Year 2024
Gross Income 151200
Community Features None
County Peach
New Construction true
Property Type Residential Income
HOA false
Attached Garage true
MaintenanceExpense 0
Subdivision Name Fort Valley 113
Garage Y/N true
Status New
Directions 619 Elberta Street Fort Valley Ga 31030
High School Peach
City Fort Valley
Body of Water None
Number Of Units Total 6
Lot Size Units Square Feet
Lot Size Square Feet 16117.2
Carport Y/N false
Elementary School Hunt
Tax Annual Amount 4500
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Fort Valley
Property Condition Under Construction
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Basement None
Total Fireplaces 0
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Attached
Water Source Public
Total Parking 9
Lot Size Area 16117.2
Lot Size Acres 0.37
Lot Size Source Public Records
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* Excluded Features
List By
Keller Williams West Atlanta

Broker

info@ellemcghee.com

Email

Affordability Calculator

$7,137
Per Month
95%
5%
0%
Monthly Principal & Interest
$6,762
Monthly Property Taxes
$375
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Peach High School High School
Pricing History
DatePricePrice ChangeDescription
11/8/2026$979,000 Listed Price

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619 Elberta Street, Fort Valley, GA, 31030 is a Multi-Family Home for sale at $979,000 with a lot size of 0.37. 619 Elberta Street has 0.0 baths and was built in 2026. The property's zip code is 31030 which is in Fort Valley, GA