Duplex Investment Property

107 Ellis Street Augusta, GA 30901

Claim this Listing
For Sale
$160,000

MULTI_FAMILY - Augusta, GA

Property size:
1,246 SF
Lot size:
0.09 Acres
Price / SF:
$128/SF
Added:
May 24, 2026
Days on Market:
51
Last Refresh:
Jul 13 at 8:06 am

Property Features for 107 Ellis Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2
Parking features
Off Street
Patio and Porch features
Porch
Appliances
Gas Oven, Gas Cooktop, Refrigerator
Standard status
Active
APN
0474010000
Size
1,246 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
107 ELLIS ST
Tax Annual Amount
2111

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public

Building Details

Year built
1921
Floors in Building
1
Number of units
2
Flooring type
Carpet, Lvt/lvp
Building materials
Vinyl Siding, Wood Frame
Roof type
Composition

Listing agent Jaime Powell License #421780

Listing office Keller Williams Realty Augusta Partners GA

Listing date May 24, 2026

MLS# 100576510 Listing URL

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale duplex features two identical units, each offering one bedroom and one bathroom. The property is being sold as-is, making it well suited for investors who want to evaluate the layout and finishes and determine their own upgrade plan. With separate unit configurations within a single asset, it provides straightforward income-producing rental potential.

Located at 107 Ellis Street in Augusta, GA 30901, the property is described as being in the heart of Old Towne within Richmond County. The listing highlights strong rental history and long-term potential in Augusta’s growing rental market.

For buyers focused on residential income, this duplex format can support a simple ownership strategy: manage two like-for-like units rather than diversifying across multiple floorplans. The combination of identical unit design and the stated value-add potential may appeal to investors looking to increase returns through targeted improvements. As an as-is sale, it is also a practical fit for investors who can move quickly and underwrite the property based on current condition and future upgrades.

Key Highlights

  • Duplex at 107 Ellis Street with two identical 1‑bedroom, 1‑bath units
  • Built in 1921; wood frame construction with vinyl siding and a composition roof
  • Each unit includes appliances such as a gas oven, gas cooktop, and refrigerator

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $19.0k $15.24
− Vacancy −$1.5k −$1.23
EGI $17.5k $14.01
− OpEx −$5.2k −$4.20
NOI $12.2k $9.81
1,246 SF · lease $15.24/SF/yr · vacancy 8.07% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$174.6K
$152.8K – $203.7K (±1% cap)
NOI $12,220 @ 7.0% cap · market cap 7.64%
Second Best
Apartment 5plus
$161.2K
$141.1K – $188.1K (±1% cap)
NOI $11,287 @ 7.0% cap · market cap 7.05%
Theoretical Best
Office A
$393.3K
$344.1K – $458.8K (±1% cap)
NOI $27,530 @ 7.0% cap · market cap 17.21%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Auto Parts Store Kitchen & Bath Showroom Grocery & Convenience Store Storage Facility Furniture & Home Goods Plumbing Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two identical one-bedroom, one-bath units with value-add potential, offered as-is for an investor rental portfolio strategy.
Where is this duplex located?
The property is located at 107 Ellis Street Augusta, GA.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Duplex at 107 Ellis Street with two identical 1‑bedroom, 1‑bath units; Built in 1921; wood frame construction with vinyl siding and a composition roof; Each unit includes appliances such as a gas oven, gas cooktop, and refrigerator
Contact an agent
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