Updated Historic
1701 Jenkins Street Augusta, GA 30904
1701 Jenkins Street, Augusta, GA, 30904
$245,000
For Sale
$245,000
MULTI_FAMILY - Augusta, GA
Property Size2,058 SF
Lot Size0.14 Acres
Price / SF$119.05
Days on Market180
Property Features for 1701 Jenkins Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R3
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
- Patio and Porch features
- Porch
- Interior features
- High Ceilings, Ceiling Fan(s)
- Standard status
- Active
- APN
- 0354391000
- Size
- 2,058 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 0354391000
- Tax Annual Amount
- 2326
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating), Natural Gas, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1891
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Wood Siding
- Roof type
- Metal
Listing agency
Meybohm Commercial Properties
(706) 736-0700
Listed by
Danielle Meikrantz · License #401159
(706) 284-8359
Added: Jan 23 Updated: Jul 18 at 7:22AM Checked: Jul 22 at 7:06PM
MLS# 98254162
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 updated historic duplex offers two separately laid-out residences with classic character and meaningful recent improvements. The property includes a wrap-around front porch and a fenced backyard, with interior upgrades that include new electrical throughout, updated electrical panels, new plumbing, and two separate brand-new HVAC systems. Unit A is a 3-bedroom, 1.5-bath home featuring a remodeled kitchen, oversized living room windows, and soaring 10-foot ceilings. Unit B is a 2-bedroom, 1-bath unit with updated kitchen and bathroom finishes. Both units are currently occupied.
The duplex is located on a corner lot of Jenkins and Tuttle, one block off Walton Way, behind the Augusta Training Shop. It is positioned minutes from downtown Augusta, Augusta University, and the Medical District, placing it within easy reach of major employment and healthcare resources.
The combination of fully leased status and comprehensive mechanical and systems updates may appeal to investors seeking a turnkey rental setup. With utilities serviced by one water meter, one electric meter, and one gas meter, the property is configured for straightforward ongoing management. Buyer to verify room dimensions, square footage, and school zones.
The duplex is located on a corner lot of Jenkins and Tuttle, one block off Walton Way, behind the Augusta Training Shop. It is positioned minutes from downtown Augusta, Augusta University, and the Medical District, placing it within easy reach of major employment and healthcare resources.
The combination of fully leased status and comprehensive mechanical and systems updates may appeal to investors seeking a turnkey rental setup. With utilities serviced by one water meter, one electric meter, and one gas meter, the property is configured for straightforward ongoing management. Buyer to verify room dimensions, square footage, and school zones.
Key Highlights
- Fully leased historic duplex built in 1891 with two occupied units (Unit A and Unit B).
- Wrap‑around front porch and metal roof; wood siding exterior with high ceilings and ceiling fans.
- Recent major updates: new electrical throughout with updated panels, new plumbing, and two separate brand‑new HVAC systems.
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 | $31.4k | $15.24 |
| − Vacancy | −$2.5k | −$1.23 |
| EGI | $28.8k | $14.01 |
| − OpEx | −$8.6k | −$4.20 |
| NOI | $20.2k | $9.81 |
2,058 SF · lease $15.24/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$288.3K
$252.3K – $336.4K
NOI $20,183 @ 7.0% cap · market cap 8.24%
Second Best
Apartment 5plus
$266.3K
$233.0K – $310.7K
NOI $18,642 @ 7.0% cap · market cap 7.61%
Theoretical Best
Office A
$649.6K
$568.4K – $757.9K
NOI $45,471 @ 7.0% cap · market cap 18.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Fully leased duplex with recent electrical, plumbing, and two brand-new HVAC systems, plus fenced outdoor space.
Where is this duplex located?
The property is located at 1701 Jenkins Street Augusta, GA.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Fully leased historic duplex built in 1891 with two occupied units (Unit A and Unit B).; Wrap‑around front porch and metal roof; wood siding exterior with high ceilings and ceiling fans.; Recent major updates: new electrical throughout with updated panels, new plumbing, and two separate brand‑new HVAC systems.
