Multiple Multi-Family Investment Properties | Auction

Multiple Multi-Family Investment Properties | Rome, Floyd County, GA Auction Thursday, October 1, 2026 at 2:06 pm — Auction Site: The Exchange - 232 Glenn Milner Blvd, Rome, GA Multi-Family Investment Properties in Rome, Floyd County, Georgia Duplexes, Loft Apartment, and (2) Quadplexes Will be offered Individually Properties located at: – Brick Duplex located at 401 Kingston Ave NE, Rome | Parcel: J13I 103 – Loft Apartment located at 411 Church St NE, Rome | Parcel: J13I 049 – Duplex located at 5 and 7 Dibrell St, Rome | Parcel: J13I 049 – (2) Quadplexes located at Alpine Ct SW, just off Pine Village Dr SW, Rome | Parcel: H13X 366 An outstanding opportunity to purchase a diversified residential rental portfolio in Rome, Georgia, featuring multiple income-producing properties across three parcels. This offering includes a duplex on Kingston Avenue, a loft apartment with duplex and storage building near Church Street and Dibrell Street, and two quadplexes located on Alpine Court SW. With established tenants, month-to-month rental arrangements, city sewer service, and several recently remodeled units, this portfolio offers immediate income with long-term upside. The property located at 401 Kingston Avenue NE is a brick duplex identified as Parcel J13I 103. Each side features 1 bedroom and 1 bathroom, with central HVAC, sewer, and utility service. The duplex is currently leased for $1,400 per month, with each side renting for $700 per month. The second offering includes a loft apartment located at 411 Church Street NE, a duplex located at 5 and 7 Dibrell Street, and a storage building, all situated on Parcel J13I 049. The loft apartment is currently rented month-to-month for $650 per month, while the duplex is rented month-to-month for a total of $1,200 per month, or $600 per side. The parcel is served by city sewer, and both residential improvements have central HVAC. The tenants are also allowed use of the storage building, adding practical utility to the property. The third offering consists of two brick quadplexes located on Alpine Court SW, just off Pine Village Drive SW, all offered on Parcel H13X 366. These quadplexes include a mix of one-story and two-story units. The two-story units feature 2 bedrooms and 1.5 bathrooms, while the one-story units feature 2 bedrooms and 1 bathroom. Both quadplexes are served by city sewer. Most units have central HVAC, with the exception of Units 50, 51, 52, and 56, which have window units. All Alpine Court units are currently rented month-to-month, with total monthly rental income of $6,500. Current rents include Unit 50 at $500 per month, Unit 52 at $600 per month, Unit 54 at $1,000 per month, Unit 56 at $700 per month, Unit 51 at $700 per month, Unit 53 at $1,000 per month, Unit 55 at $1,000 per month, and Unit 57 at $1,000 per month. Units 53, 55, and 57 have been recently remodeled, and Unit 55 is a Section 8 tenant who has been in place for approximately 5 years. Units 50 and 52 each have long-term tenants of approximately 15 years. Combined, the portfolio represents 13 rental units plus a storage building, with current scheduled rental income of $9,750 per month, or $117,000 annually based on the rents provided. This is a strong opportunity for investors seeking existing cash flow, tenant history, multiple parcels, and potential upside through continued management, improvements, and rent growth. Whether purchased as individual income-producing assets or as part of a larger rental portfolio, these Rome properties offer scale, location, and immediate rental income in a proven residential market. OPEN HOUSE: These properties are currently rented; out of respect for the tenants, PLEASE contact our office for inspection availability – at least 48 hours prior. SALE SITE: All properties to be SOLD at The Exchange, located at 232 Glenn Milner Blvd in Rome, GA. BIDDING: This auction will be conducted in a Live/Simulcast format, giving bidders the flexibility to participate in person at The Exchange or online, whichever is most convenient. TERMS: 10% Buyer’s Premium to be charged on all purchases. 10% down with a balance due on or before 30 days from above date. The Property sells AS-IS, WHERE-IS, with no contingencies. The sale is not subject to financing, appraisal, inspection, or due diligence periods. All independent inspections and investigations must be completed prior to bidding. CLOSING: ALL SALES TO CLOSE ON OR BEFORE 30 DAYS FROM SALE DATE—NO EXCEPTIONS. BROKER PARTICIPATION: Dempsey Auction Co will pay any licensed Broker/Agent a referral commission for any registered client who successfully closes on the property. CONTACT OUR OFFICE FOR PRECISE DETAILS. For plats, brochures, or further sales information on this auction, call our office.