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1620 E Park Ave

$615,000

1620 E Park Ave, Valdosta, GA 31602

Active
Last Updated: 08/07/2026

7,934 sqft

Building Size

0.71 acres

Lot Area

Details:
Building Size:    7,934 sqft
Lot Area:    0.71 acres
Units:    17
Zoning:    R-M
Highlights:
  • Annual Tax: $ 4578.07
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.


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Listing ID: 64f58e73-67ce-4147-ba91-15bd4a6ced31
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