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3542 Morgan, Macon, GA 31204

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For Sale

$265,000

0.25 acres

Estimated Payment

$ 1,405 /mo. †

6.67% APR for 30 yrs.
$496 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.3 acres
    Lot size

  • Over 50 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

Presenting an exceptional investment opportunity at 3542 Morgan Drive, where stability and profitability converge in one remarkable property. This single-family home, configured as a quadplex, offers four fully occupied units generating a reliable $3,080 per month in income. With three tenants secured under the Section 8 program and one senior citizen tenant, you'll benefit from guaranteed, government-backed rent payments, ensuring steady cash flow month after month. This property stands out not only for its consistent income but for its strong financial performance. With a Net Operating Income of $34,572 annually, it delivers an impressive 10% cap rate-a rare find in today's market. A 10% cap rate reflects a high return on investment, and this property has the long-term potential to continue performing at this level, offering a solid foundation for future growth. The current tenants are responsible, long-term residents who have demonstrated a strong commitment to maintaining the property and paying rent on time. With minimal turnover risk and stable tenancy, this is a hassle-free investment opportunity for those seeking passive income and low management demands. The seller is firm on the asking price, and this is an opportunity that will appeal to cash buyers only. With no due diligence period and no conventional financing available, this is an uncomplicated, streamlined acquisition designed for investors with immediate capital ready to deploy. The simplicity and certainty of this deal make it an ideal addition to any portfolio, promising reliable and sustainable returns from day one. 3542 Morgan Drive is not just another property-it's a cash-flowing asset that offers stability and strong returns. With the combination of guaranteed Section 8 rent, high profitability, and low-risk tenants, this opportunity is one that savvy investors will recognize for its immediate value. Act quickly to secure this property before it's gone. CASH ONLY!!
MLS# 10440297

Courtesy Of Maximum One Real Estate Group, LLC

(770) 919-8825

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Aluminum Siding
  • Fireplace
    Fireplace
  • Heating System
    Central Furnace, Fireplace
  • Lot Size
    0.25 Acres

Map and Directions

Directions to 3542 Morgan, Macon, GA 31204

Home seller CENTURY 21 Bunn Real Estate

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(706) 457-4662
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $1,364
  • Property Taxes
    $41
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,405

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

John Robert Lewis Elementary School

Grades PK-5 Public School

Macon, GA 31204 1 miles
3522 greenbriar rd

643 total students
15:1 Student teacher ratio

School Rating: D+

School Details

Howard Middle School

Grades 6-8 Public School

Macon, GA 31210 6.5 miles
6600 forsyth rd

1103 total students
18:1 Student teacher ratio

School Rating: D+

School Details

Howard High School

Grades 9-12 Public School

Macon, GA 31210 6.5 miles
6400 forsyth rd

1210 total students
17:1 Student teacher ratio

School Rating: D

School Details
Other Nearby Schools Distance Type Grades School Rating
Georgia Academy For The Blind 0.9 miles Public 1-12
Price Academy 1.1 miles Public 4-10
Bethany Christian Academy 1.4 miles Private 1-8
Covenant Academy 1.5 miles Private PK-12
Miller Middle School 1.6 miles Public 6-8 C+
Vineville Academy 1.6 miles Public PK-5 C+
Central High School 1.7 miles Public 9-12 C-
Hartley Elementary School 1.8 miles Public PK-5 D-
Woodfield Academy 1.8 miles Private 2-12
Cirrus Charter Academy 2 miles Public KG-8 D
St Peter Claver 2 miles Private PK-8
Taylor Elementary School 2.1 miles Public PK-5 D-
Williams Elementary School 2.1 miles Public PK-5 D-
Wimbish Adventist School 2.2 miles Private 1-8
Union Elementary School 2.4 miles Public PK-5 D
Ballard-hudson Middle School 2.4 miles Public 6-8 D
Alexander Ii Magnet School 2.4 miles Public PK-5 A+
Ingram-pye Elementary School 2.5 miles Public PK-5 D
Mount De Sales Academy 2.6 miles Private 6-12

Georgia Academy For The Blind

Distance: 0.9 miles

Type Public

Grades: 1-12

Price Academy

Distance: 1.1 miles

Type Public

Grades: 4-10

Bethany Christian Academy

Distance: 1.4 miles

Type Private

Grades: 1-8

Covenant Academy

Distance: 1.5 miles

Type Private

Grades: PK-12

Miller Middle School

Distance: 1.6 miles

Type Public

Grades: 6-8

C+

Vineville Academy

Distance: 1.6 miles

Type Public

Grades: PK-5

C+

Central High School

Distance: 1.7 miles

Type Public

Grades: 9-12

C-

Hartley Elementary School

Distance: 1.8 miles

Type Public

Grades: PK-5

D-

Woodfield Academy

Distance: 1.8 miles

Type Private

Grades: 2-12

Cirrus Charter Academy

Distance: 2 miles

Type Public

Grades: KG-8

D

St Peter Claver

Distance: 2 miles

Type Private

Grades: PK-8

Taylor Elementary School

Distance: 2.1 miles

Type Public

Grades: PK-5

D-

Williams Elementary School

Distance: 2.1 miles

Type Public

Grades: PK-5

D-

Wimbish Adventist School

Distance: 2.2 miles

Type Private

Grades: 1-8

Union Elementary School

Distance: 2.4 miles

Type Public

Grades: PK-5

D

Ballard-hudson Middle School

Distance: 2.4 miles

Type Public

Grades: 6-8

D

Alexander Ii Magnet School

Distance: 2.4 miles

Type Public

Grades: PK-5

A+

Ingram-pye Elementary School

Distance: 2.5 miles

Type Public

Grades: PK-5

D

Mount De Sales Academy

Distance: 2.6 miles

Type Private

Grades: 6-12

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Macon, GA 31204

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Macon, GA 31204

This community’s employment is highest in the food and administrative support industries. The area’s overall household expenses are below the national average.

92° July
Hottest Average Month
35° January
Coldest Average Month
11,739 Total Households in Area
-0.7% Increase in population since the year 2010
28.3%
of households
have children
20 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Macon, GA 31204

Macon, GA 31204 has a population of 28,430 people in 11,739 households with a median age of 37.2 years old.

-0.7%
Decrease in population
since the year 2010
Population is Trending down
12,047
Total households as of 2010
-0.1%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 37.2 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Black 65%
White 28%
Hispanic 3%
Other 1%
Asian 1%
Native American <1%
The most prevalent ethnicity is Black at 65%, followed by White at 28%, Hispanic at 3%, and Other at 1%.

Economics
for Macon, GA 31204

2,011 /sq mi
Population Density
$44,915 /yr
Median Household Income
$135,000
Median Sales Price
20 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 21.28% of the households.

Transportation to Work

  • Drive 90%
  • Work from Home 4%
  • Walk or Bike 3%
  • Public Transit 3%

Occupancy by Type

Rented 6,246 45%
Owned 5,493 40%
Vacant 2,033 15%

White vs Blue Collar Jobs







White Collar 73%
Blue Collar 27%

Family & Education Facts
for Macon, GA 31204

37.2 Median Age

Average Household Size

2.4
persons per
household

23.1%

Married Households

Community Population By Education

High School Graduate 30%
Some College 22%
Some High School 16%
Bachelors Degree 12%
Graduate Degree 12%
Associates Degree 7%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 30.13% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
28.3% of households have children

Weather
for Macon, GA 31204

The weather for this area ranges from a high of 92° F in July to a low of 35° F in January

92° July
Hottest Average Month
35° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
35°
58°
Feb
38°
62°
Mar
44°
69°
Apr
51°
77°
May
59°
85°
Jun
67°
90°
Jul
70°
92°
Aug
69°
91°
Sep
64°
87°
Oct
52°
78°
Nov
43°
68°
Dec
37°
60°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Macon, GA 31204!
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Copyright © 2025 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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