$5,287,383
54 Beds
54 Baths
632 Madison St, Commerce, GA 30529
Est. Mortgage $31,930/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 2026
5.76 acre lot
Attached Garage
HOA $84/mo
Local Information
- Map ViewExplore the area around 632 Madison St.
- Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
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
|
|---|
MLS Status: Active |
|
|---|
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 |
|
|---|
Parking & Garage No CarportHas a GarageHas an Attached GarageParking: Attached,Garage |
Water & Sewer Sewer: Public Sewer |
|
|---|
Cumulative Days on Market: 14Days on Market: 61 |
|
|---|
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 List Price: $5,287,383 |
Status Change & Dates Possession Timing: Close Of Escrow |
|
|---|
Direction & Address City: CommerceCommunity: Cotton Gin Row |
School Information Elementary School: CommerceJr High / Middle School: CommerceHigh School: Commerce |
|
|---|
Listing Agent Listing ID: 10804744 |
|
|---|
Community Features: Sidewalks, Near Shopping |
|
|---|
HOA Fee Includes: Maintenance Grounds, Management Fee, OtherHas an HOAHOA Fee: $1,010/Annually |
|
|---|
Lot Area: 5.76 Acres |
|
|---|
Listing Agreement Type: Exclusive Right To Sell |
|
|---|
Owner Pays: Other |
|
|---|
Mls Number: 10804744Showing Requirements: Appointment Only, Call Listing Agent, See Remarks |
|
|---|
SidewalksNear Shopping |
Around this home
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.
Market trends in Commerce
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
104
1MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.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 home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $1,116,000 | - | - | - | For Sale | |
0.08 | - | - | - | - | Off Market | |
0.10 | $245,000 | 3 | 1 | 1,228 | For Sale | |
0.10 | $445,750 | 4 | 2 | 2,248 | Recently Sold | |
0.22 | - | - | - | - | Off Market | |
0.36 | $210,700 | 2 | 1 | 1,248 | Off Market | |
0.36 | - | - | - | - | Off Market | |
0.41 | - | - | - | - | Off Market | |
0.44 | $340,000 | 4 | 2 | 1,727 | Recently Sold | |
0.45 | $221,600 | 2 | 1 | 784 | Off Market | |
0.50 | $253,400 | 4 | 2 | - | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 13, 2026 Source: GAMLS #10804744 | Listed For Sale | $5,287,383 |
May 13, 2024 Source: GAMLS #10251229 | Sold | $299,000 |
Feb 12, 2024 Source: GAMLS #10251229 | Pending | $299,000 |
Feb 8, 2024 Source: GAMLS #10251229 | Listed For Sale | $299,000 |
Oct 2, 2019 Source: GAMLS #8596047 | Sold | $80,000 |
Aug 16, 2019 Source: Agent Provided | Pending | $85,000 |
Jun 3, 2019 Source: Agent Provided | Listed For Sale | $85,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,564 | $259,500 |
Home facts updated by county records
LGBTQ Local Legal Protections
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.
Copyright 2026 GAMLS. All rights reserved.
Similar Homes You May Like
- Results are loading
New Listings near 632 Madison St
88 ACRESBuffington Real Estate Group, Active
See more homes for sale inCommerce
Frequently asked questions about 632 Madison St
- What is the estimated monthly payment for 632 Madison St?Based on a $5,287,383 list price with 20% down at today's rates, the estimated monthly payment for 632 Madison St in Commerce, GA is approximately $32,612 (about $28,483 principal & interest, $4,054 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Commerce?Residents describe Commerce, GA as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Commerce, GA.
- What are the closest schools to 632 Madison St?The closest schools to 632 Madison St in Commerce, GA are Commerce Elementary School (rated 9/10), Commerce High School (rated 7/10), Commerce Middle School (Elementary, rated 7/10).
- Does 632 Madison St have air conditioning?Yes, 632 Madison St in Commerce, GA has air conditioning.
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.