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Duplex with Two-Bedroom Units
For Sale
$399,900

160 A&B VFW Drive, Watkinsville, GA 30677

MULTI_FAMILY - Watkinsville, GA

Property Size2,872 SF
Lot Size0.50 Acres
Price / SF$139.24
Days on Market56

Property Features for 160 A&B VFW Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 6
Full bathrooms 4
Half bathrooms 2
Rooms Bathroom 2, Bathroom 5, Bathroom 4, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 6, Bedroom 2, Bathroom 1
Appliances Electric Water Heater
Directions GPS Friendly
Standard status Active
APN B 06G 004C
Size 2,872 SF
Lot size 0.50 Acres

Taxes and HOA fees

Tax Description 1453/56
Legal Description 1453/56

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1981
Floors in Building 2
Building materials Concrete
Listing Agency: Compass Georgia, LLC
Listed By: Ryan Blue · License #355114
Added: Jun 12 Changed: Jul 31 Last Checked: Aug 6 at 1:06AM
MLS# CL358178

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 duplex investment property on a 0.5-acre lot includes approximately 2,872 square feet of space, built in 1981 with concrete construction. Each unit features two bedrooms and two-and-a-half bathrooms, with well-sized kitchens and comfortable living areas. An electric water heater serves the property. The home is heated with central and electric heating and cooled with central air and electric cooling.

The property is connected to public water and public sewer. Recent capital improvements mentioned include new exterior siding and new windows.

The property is offered as-is.

Key Highlights

  • Two‑bedroom units with two‑and‑a‑half bathrooms
  • 0.5‑acre lot with 2,872 SF duplex
  • Concrete construction, built in 1981

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 $52.7k $18.36
− Vacancy −$2.9k −$1.01
EGI $49.8k $17.35
− OpEx −$14.9k −$5.20
NOI $34.9k $12.14
2,872 SF · lease $18.36/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$498.2K
$436.0K – $581.3K (±1% cap)
NOI $34,877 @ 7.0% cap · market cap 8.72%
Second Best
Apartment 5plus
$459.1K
$401.8K – $535.7K (±1% cap)
NOI $32,140 @ 7.0% cap · market cap 8.04%
Theoretical Best
Office A
$692.4K
$605.8K – $807.8K (±1% cap)
NOI $48,465 @ 7.0% cap · market cap 12.12%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 30677, GA

20,579
Population
7,797
Households
2.6
Avg Household Size
41
Median Age
55%
College-Educated
97%
High-School Grad
122.2 sq mi
ZIP Area
168
Density / Sq Mi
$103,165
Median Household Income
$49,399
Median Earnings
$1,403
Median Rent
$394,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex built in 1981 with central electric HVAC, public water and public sewer, and two-bedroom units with two-and-a-half baths.
Where is this duplex located?
The property is located at 160 A&B VFW Drive Watkinsville, GA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two‑bedroom units with two‑and‑a‑half bathrooms; 0.5‑acre lot with 2,872 SF duplex; Concrete construction, built in 1981
More about this property
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