Duplex at 632 Madison Street, Commerce
Duplex at 632 Madison Street, Commerce, photo 2 of 20
Duplex at 632 Madison Street, Commerce, photo 3 of 20
Duplex at 632 Madison Street, Commerce, photo 4 of 20
Duplex at 632 Madison Street, Commerce, photo 5 of 20
Duplex at 632 Madison Street, Commerce, photo 6 of 20
Duplex at 632 Madison Street, Commerce, photo 7 of 20
Duplex at 632 Madison Street, Commerce, photo 8 of 20
Duplex at 632 Madison Street, Commerce, photo 9 of 20
Duplex at 632 Madison Street, Commerce, photo 10 of 20
Duplex at 632 Madison Street, Commerce, photo 11 of 20
Duplex at 632 Madison Street, Commerce, photo 12 of 20
Duplex at 632 Madison Street, Commerce, photo 13 of 20
Duplex at 632 Madison Street, Commerce, photo 14 of 20
Duplex at 632 Madison Street, Commerce, photo 15 of 20
Duplex at 632 Madison Street, Commerce, photo 16 of 20
Duplex at 632 Madison Street, Commerce, photo 17 of 20
Duplex at 632 Madison Street, Commerce, photo 18 of 20
Duplex at 632 Madison Street, Commerce, photo 19 of 20
Duplex at 632 Madison Street, Commerce, photo 20 of 20
20 photos

$4,850,000

632 Madison Street
Commerce, GA 30529
Listed by Tamra Wade · RE/MAX TRU
Bedrooms
54
Bathrooms
45
Living area
1,866 sqft
Year built
2026

About this home

Presenting Cotton Gin Row, an exceptional investment opportunity featuring a newly constructed 18-unit build-to-rent townhome community in the thriving Commerce, Georgia market. Situated on approximately 5.76 acres, the community consists of nine duplex buildings, with every residence offering the privacy and appeal of an end unit. With 17 of 18 units occupied and an impressive 94.4% occupancy rate, Cotton Gin Row offers investors an established foundation for continued rental income and future growth. Each townhome features approximately 1,866 square feet, 3 bedrooms, 2.5 bathrooms, and an attached two-car garage. Interior finishes include granite countertops, white shaker cabinetry, stainless steel appliances, luxury vinyl plank flooring, and ceiling fans. Individually metered utilities allow tenants to pay their own electric, water/sewer, and trash expenses, helping maintain an efficient operating structure. The property's new construction supports low maintenance requirements, while professional management provides an added level of convenience for investors. Strategically located along the I-85 corridor in Jackson County, Cotton Gin Row benefits from continued regional growth and workforce housing demand supported by major employers, including SK Battery America, Kubota Manufacturing, Northeast Georgia Health System, and the University of Georgia. With projected stabilized Net Operating Income of approximately $269,444 and a 6.75% cap rate at the asking price, this professionally managed community presents an attractive opportunity to acquire a modern multifamily asset in one of Northeast Georgia's growing markets. Financial information, rent roll, operating statements, and additional due diligence materials are available upon execution of a Confidentiality Agreement. *** There are 7 Additional Units with the same floorplans that are tenant occupied, totaling an additional $14,500/ month. Details on these units can be provided.

Property details

MLS
Hive MLS
MLS #
CL366474
Property type
Duplex
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
October 15, 2026
Stories
N/A
Total bathrooms
45
Garage spaces
2
Parking spaces
N/A
Lot size
5.76 acres
Loading map…

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Commerce Elementary School
1.46 mi away · Grades 3-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
267
Student:teacher ratio
14.8:1
District
Commerce City
Middle
Commerce Middle School
2.24 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
514
Student:teacher ratio
13.9:1
District
Commerce City
High
Commerce High School
1.65 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
489
Student:teacher ratio
13.6:1
District
Commerce City

Walkability

Blended score for Commerce's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

18
Very car-dependent
out of 100
EPA National Walkability Index
3.5 / 20 -- Least walkable

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$29,357/mo
$970,000 down
$3,880,000 loan
Principal & interest$25,166
Property tax (est.)$4,042
Home insurance (est.)$150

Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 13 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.