Prime 10-Unit Multifamily Investment Opportunity - Turnkey & Cash-Flow Ready! Steps to Beautiful downtown Thomaston GA, the sweet spot of West Central GA. Welcome to your next high-performance investment property-a meticulously maintained 10-unit apartment complex spread across two solid buildings, offering excellent income potential and long-term value in a sought-after rental market. Unit Breakdown: 8 spacious units - 2 Bedrooms, 2 Bathrooms 2 thoughtfully designed units - 2 Bedrooms, 1 Bathroom Each unit is individually metered, professionally managed, and features modern layouts with ample natural light, functional kitchens, generous living areas, and private outdoor space (varies by unit). Recent upgrades and proactive maintenance ensure peace of mind for owners and tenants alike. Highlights: Strong rent roll & upside potential Low vacancy history Separate buildings allow flexibility in management or future condo conversion Off-street parking and on-site laundry (optional to add or enhance) Desirable tenant mix and walkable location near transit, shops, and schools Whether you're a seasoned investor looking to grow your portfolio or a 1031 exchange buyer seeking a stable, low-maintenance asset, this property checks all the boxes. With demand high for quality multifamily rentals, this is your opportunity to secure 10 doors of dependable income. Don't miss out-contact us today for the full financials, rent roll, and to schedule your private tour!
Active
$1,000,000
400 S Center St, Thomaston, GA 30286
4beds
3baths
--sqft
Est.:
Multi Family
Built in 1987
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Modern layoutsOff-street parkingAmple natural lightPrivate outdoor spaceFunctional kitchens
- 4 days
- on Zillow |
- 87 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: July 31, 2025 at 10:58am
Listed by:
Shane Phillips 706-656-9700,
Century 21 Adams-Harvey & Associates
Source: GAMLS,MLS#: 10575033

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Central, Electric, Natural Gas
Cooling
- Ceiling Fan(s), Central Air
Features
- Basement: Crawl Space,Exterior Entry
- Has fireplace: No
Property
Parking
- Total spaces: 25
- Parking features: Assigned, Off Street, Over 1 Space per Unit, Parking Pad
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.5 Acres
Details
- Parcel number: T23 232
- Special conditions: Investor Owned,Rental
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Vinyl Siding
- Foundation: Block
Condition
- Resale
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Individual Meters, Sewer Connected, Water Individual Meters
Community & HOA
Community
- Features: Sidewalks, Street Lights, Near Shopping
- Subdivision: None
HOA
- Has HOA: No
- Services included: None
Location
- Region: Thomaston
Financial & listing details
- Tax assessed value: $593,698
- Annual tax amount: $7,550
- Date on market: 7/31/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash,Conventional
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