632 Madison St
Commerce, GA 30529
- Studio
Studio
(on 5.76 acres)
Local Information
-- mins to
Description
Exceptional investment opportunity to acquire Cotton Gin Row, a newly constructed 18-unit build-to-rent townhome community in the rapidly growing Commerce, Georgia market. The property consists of nine duplex buildings situated on approximately 5.76 acres, with every residence offering the privacy and appeal of an end unit. Each townhome features approximately 1,866 square feet, 3 bedrooms, 2.5 bathrooms, an attached 2-car garage, granite countertops, white shaker cabinetry, stainless steel appliances, luxury vinyl plank flooring, ceiling fans, and individually metered utilities with tenants paying electric, water/sewer, and trash. The community is currently in lease-up with strong momentum and is projected to stabilize by the end of August 2026. Stabilized projected Net Operating Income is approximately $317,003 with a 6.0% cap rate at the asking price. Professionally managed with a low operating expense ratio and minimal deferred maintenance due to new construction. Ideally located along the I-85 corridor in Jackson County, the property benefits from strong workforce housing demand driven by major employers including SK Battery America, Kubota Manufacturing, Northeast Georgia Health System, and the University of Georgia. This is a turnkey investment opportunity offering institutional-quality construction, strong long-term appreciation potential, and attractive cash flow in one of Northeast Georgia's fastest-growing markets. Financial information, rent roll, operating statements, and additional due diligence materials are available upon execution of a Confidentiality Agreement. *** There are 3 Additional Units with same floorplans that are tenant occupied and included as well: 1. Rent $2050/ Deposit $900. Lease ends 7/31/2027. 2. Rent $2100/ Deposit $1300. Lease ends 5/31/2027. 3. Rent $2050/ Deposit $1800. Lease ends 8/31/2027. ***
Home Highlights
Parking
Attached Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Last check for updates: about 1 hour ago
Listing Provided by: TAMRA WADE
RE/MAX Tru, PHONE
Home Details for 632 Madison St
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MLS Status: Active |
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Appliances & Utilities Utilities: Electricity Available, Underground Utilities |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: Ceiling Fan(s),Central AirHas HeatingHeating Fuel: Electric |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Window: NoneFlooring: Carpet, Vinyl |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoAccessibility: NoneFloors: Carpet, Vinyl |
View Has a ViewView: Rural |
Security Security: None |
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Exterior Home Features Roof: ShingleFencing: NoneNo Private Pool |
Parking & Garage No CarportHas a GarageHas an Attached GarageHas Open ParkingParking: Attached,Driveway,Garage,Level Driveway |
Frontage Waterfront: NoneNot on Waterfront |
Water & Sewer Sewer: Public SewerWater Body: None |
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Days on Market: <1 day on Trulia |
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Year Built Year Built: 2026 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex, Residential Income |
Building Construction Materials: Cement SidingIs a New ConstructionNot Attached PropertyDoes Not Include Home Warranty |
Property Information Condition: New Construction |
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Price List Price: $5,287,383 |
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Direction & Address City: CommerceCommunity: Cotton Gin Row |
School Information Elementary School: CommerceJr High / Middle School: CommerceHigh School: Commerce |
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Listing Agent Listing ID: 7804177 |
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Community Features: Homeowners Assoc, Near Shopping, Sidewalks |
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No HOA |
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Lot Area: 5.76 Acres |
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Energy Efficiency Features: None |
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Mls Number: 7804177Attribution Contact: PHONEShowing Requirements: Appointment Only, No Sign |
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Homeowners AssocNear ShoppingSidewalks |
Market trends in Commerce
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
103
7MoM
Price History for 632 Madison St
| Date | Price | Event | Source |
|---|---|---|---|
| 07/13/2026 | $5,287,383 | Listed For Sale | GAMLS #10804744 |
| 05/13/2024 | $299,000 | Sold | Hive MLS #CM1014309 |
| 02/12/2024 | $299,000 | Pending | GAMLS #10251229 |
| 02/08/2024 | $299,000 | Listed For Sale | GAMLS #10251229 |
| 10/02/2019 | $80,000 | Sold | GAMLS #8596047 |
| 08/16/2019 | $85,000 | Pending | Agent Provided |
| 06/03/2019 | $85,000 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,564 |
| Assessment | $259,500 |
Home facts updated by county records
Comparable Sales for 632 Madison St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
5.40 | Multi-Family Home | $350,000 | 12/23/25 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 632 Madison St.
What Locals Say about Commerce
At least 85 Trulia users voted on each feature.
86 % Say car is needed
86 % Say yards are well-kept
86 % Say parking is easy
72 % Say there's holiday spirit
69 % Say kids play outside
68 % Say it's dog friendly
66 % Say people would walk alone at night
62 % Say it's quiet
53 % Say there's wildlife
52 % Say neighbors are friendly
49 % Say streets are well-lit
48 % Say they plan to stay for at least 5 years
37 % Say it's walkable to restaurants
31 % Say there are community events
29 % Say there are sidewalks
25 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
TAMRA WADE, RE/MAX Tru, PHONE

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632 Madison St, Commerce, GA 30529 is a studio multi-family built in 2026. This property is currently available for sale and was listed by FMLS GA on Jul 13, 2026. The MLS # for this home is MLS# 7804177.

