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Multi-Family Income Property with Duplex

1526 Stovall Street Augusta, GA 30904

Claim this Listing
For Sale
Under Contract
$333,000

MULTI_FAMILY - Augusta, GA

Property size:
2,805 SF
Lot size:
0.17 Acres
Price / SF:
$118.72/SF
Added:
May 28, 2026
Days on Market:
48
Last Refresh:
Jul 14 at 9:06 am

Property Features for 1526 Stovall Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
4
Rooms
Bathroom 2, Bedroom 2, Bathroom 4, Laundry Room, Bedroom 5, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 1, Laundry Room, Bedroom 4, Dining Room
Patio and Porch features
Porch
Interior features
Bedroom on 1st Floor, Primary Downstairs, Eat-in Kitchen
Fireplace
1
Appliances
Range, Washer, Refrigerator, Dishwasher, Dryer, Electric Water Heater
Standard status
Active Under Contract
APN
044-3-227-00-0
Size
2,805 SF
Lot size
0.17 Acres

Utilities

Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public

Building Details

Year built
1929
Floors in Building
2
Flooring type
Tile, Wood, Carpet
Building materials
Stucco, Wood Siding
Roof type
Shingle

Listing agent Tracy Gonzalez License #278379

Listing office Fathom Realty SC LLC 1494 Lake Murray Blvd. Suite C, Chapin, GA

Listing date May 28, 2026

MLS# 223917 Listing URL

Copyright © 2026 Aiken Association of REALTORS®. 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.

The property at 1526 Stovall Street is a two-part, flexible residential income setup with a front home and a privately positioned stacked duplex at the rear. The front residence offers 3 bedrooms and 2 bathrooms, with high ceilings, spacious living and dining rooms, a large kitchen, a side porch, and two off-street parking spaces. This front home is currently vacant and ready for owner occupancy or a new tenant. The rear portion is a stacked duplex with two units, each with 1 bedroom and 1 full bathroom, in-unit laundry, and dedicated off-street parking. Gas and electric are separately metered for the units, while water is shared on one meter.

The property is located on a quiet, tree-lined street in Summerville adjacent to Augusta, and it is described as blocks from Augusta University. It is also stated to be near Augusta Tech, the Medical District, and Fort Gordon, with access to I-520 nearby.

For buyers seeking owner-occupied income, the vacant front home provides an immediate opportunity to live on-site while generating rental income from the rear stacked duplex. Investors may also find the configuration appealing due to the separation of gas and electric metering and the duplex’s in-unit laundry and dedicated parking for each unit.

Key Highlights

  • Rear stacked duplex currently leased for $1,645/month total; both units have 1 bedroom and 1 full bathroom
  • Each duplex unit includes in‑unit laundry and dedicated off‑street parking
  • Main front home has 3 bedrooms and 2 bathrooms, plus separate living and dining rooms

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 $42.7k $15.24
− Vacancy −$3.4k −$1.23
EGI $39.3k $14.01
− OpEx −$11.8k −$4.20
NOI $27.5k $9.81
2,805 SF · lease $15.24/SF/yr · vacancy 8.07% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$393.0K
$343.9K – $458.5K (±1% cap)
NOI $27,509 @ 7.0% cap · market cap 8.26%
Second Best
Apartment 5plus
$363.0K
$317.6K – $423.5K (±1% cap)
NOI $25,409 @ 7.0% cap · market cap 7.63%
Theoretical Best
Office A
$885.4K
$774.7K – $1.03M (±1% cap)
NOI $61,976 @ 7.0% cap · market cap 18.61%
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

Law Firm Real Estate Agency HVAC Service Auto Repair Shop Electrical Service Grocery & Convenience Store Auto Parts Store Big Box & Wholesale Store Parking Lot & Garage Barber Shop

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

FAQs

What type of property is this?
Duplex - Two-part setup includes a vacant 3BR front home and a rear stacked duplex with separately metered utilities.
Where is this duplex located?
The property is located at 1526 Stovall Street Augusta, GA.
What is the asking price?
The asking price for this property is $333,000.
What are key features of this property?
This property features: Rear stacked duplex currently leased for $1,645/month total; both units have 1 bedroom and 1 full bathroom; Each duplex unit includes in‑unit laundry and dedicated off‑street parking; Main front home has 3 bedrooms and 2 bathrooms, plus separate living and dining rooms
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