632 Madison St, Commerce, GA 30529
Property image
Property image
FOR SALE
NEW CONSTRUCTION
5.76 ACRES

632 Madison St
Commerce, GA 30529

  • 54 Beds
  • 54 Baths

$5,287,383

Est. Mortgage $31,284/mo*

$5,287,383

Est. Mortgage $31,284/mo*
54 Beds
54 Baths
(on 5.76 acres)

Home Highlights

Parking
Attached Garage
Climate Control
Heating & Cooling
HOA
$84/Monthly
Listed
11 days ago

Local Information

  • Map ViewExplore the area around 632 Madison St.
  • Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.

Home Details for 632 Madison St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: None
Beds & Baths
Number of Bedrooms: 54Number of Bathrooms: 54
Appliances & Utilities
Utilities: Electricity Individual Meters, Sewer Connected, Underground Utilities
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Ceiling Fan(s),Central AirHas HeatingHeating Fuel: Electric
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Parking & Garage
No CarportHas a GarageHas an Attached GarageParking: Attached,Garage
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 11

Property Information

Year Built
Year Built: 2026
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, DuplexStructure Type: DuplexArchitecture: Duplex
Building
Construction Materials: OtherIs a New Construction
Property Information
Condition: New ConstructionParcel Number: 010 024

Price & Status

Price
List Price: $5,287,383
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: CommerceCommunity: Cotton Gin Row
School Information
Elementary School: CommerceJr High / Middle School: CommerceHigh School: Commerce

Agent Information

Listing Agent
Listing ID: 10804744

Community

Community Features: Sidewalks, Near Shopping

HOA

HOA Fee Includes: Maintenance Grounds, Management Fee, OtherHas an HOAHOA Fee: $1,010/Annually

Lot Information

Lot Area: 5.76 Acres

Offer

Listing Agreement Type: Exclusive Right To Sell

Rental Terms, Policies & Fees

Owner Pays: Other

Miscellaneous

Mls Number: 10804744Showing Requirements: Appointment Only, Call Listing Agent, See Remarks

Additional Information

SidewalksNear Shopping
Last check for updates: about 10 hours ago
Listing courtesy of Tamra J Wade, (770) 502-6230
Re/Max Tru, Inc.
Source: GAMLS, MLS#10804744
Also Listed on FMLS GA, GAMLS, FMLS GA.

Market trends in Commerce

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
103
7
MoM

Price History for 632 Madison St

DatePriceEventSource
07/13/2026$5,287,383Listed For SaleGAMLS #10804744
05/13/2024$299,000Sold
GAMLS #10251229
02/12/2024$299,000PendingGAMLS #10251229
02/08/2024$299,000Listed For SaleGAMLS #10251229
10/02/2019$80,000Sold
GAMLS #8596047
08/16/2019$85,000PendingAgent Provided
06/03/2019$85,000Listed For SaleAgent Provided

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Property Tax and Assessment

Year2025
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
2.55
Multi-Family Home
$445,750
07/20/26
12
6
-
5.42
Multi-Family Home
$350,000
12/23/25
-
-

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 632 Madison St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • Lynne Schollkopf
    "The neighbors are very nice people get along great. This schools are very close. They are charter schools. They’re great."
  • Laroywill
    "I’m not really sure honestly, just keep these questions going and see where is goes from there. I appreciate your guys concerns though. "
  • Danielle F.
    "Open space to take my dog out for walks. People are friendly for the most part and there’s grass areas to walk our dog."
  • Melody.lopez1212
    "i’ve lived in commerce for all my life. It’s a great place to be raised in. The schools for children are great"
  • Reshanda J.
    "The festivities and festivals they have for the community. Just seeing everyone get together and enjoy each other company means a lot to me. "
  • Billiemaho
    "I like how everyone maintains their yard. It’s established neighborhood close to shopping stores etc"
  • Patrickgilbert
    "Large estate lots 5 to15 acres,35 acre lake +3 small ponds. A lot of wildlife and excellent fishing. Friendly neighborhood convenient to restaurants, shopping and only 30 minutes from the lake Hartwell. Also Only 30 minutes from Athens or Gainesville. Convenient to I 85 and highway 441. Only 10 minutes from the Tangier outlet malls. Enjoy boating and fishing for homeowners. The neighborhood is also convenient to several rivers and streams that offer kayaking, fishing or just relaxing for the day."
  • Lpatcav
    "Neighbors genuinely show care, help and look out for one another, and seek to get know the people in the community. "
  • Patrickgilbert
    "Montgomery Shores is an upscale neighborhood with the average acreage per lot around 10 acres. We have a 35 acre lake surrounded by three other ponds. Lots of wildlife. "
  • Inspgadgt9
    "I have lived in my current home for over 15 years. Great location with access to town via walking. Nobody bothers anyone but are cordial when seeing one another out and about"
  • Deb8804
    "I have lived on our street for five years. People are very friendly. if you need something never hesitate to talk to a neighbor. it's just a good tight knit community."
  • Jr
    "Commerce is a great place for families. Many of the residents seem to take you in as their own. With plenty of nearby shopping it is able to offer a fair bit, but maintain that small town charm. There are lots of great churches in town that work together to support the whole community. Wonderful people make this town a home."

LGBTQ Local Legal Protections

Tamra J Wade, Re/Max Tru, Inc.
Agent Phone: (770) 502-6230
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
632 Madison St, Commerce, GA 30529 is a 54 bedroom, 54 bathroom multi-family built in 2026. This property is currently available for sale and was listed by GAMLS on Jul 13, 2026. The MLS # for this home is MLS# 10804744.