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    2237 Bungalow Rd Augusta, GA 30906

    Pending
    For Sale
    $169,900

    MULTI_FAMILY - Augusta, GA

    Property size:
    1,400 SF
    Days on Market:
    70
    Last Refresh:
    Dec 7 at 3:06 pm

    Property Features for 2237 Bungalow Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2
    Bedrooms
    4
    Bathrooms
    2
    Size
    1,400 SF

    Building Details

    Year built
    1952
    Number of units
    2

    EXP REALTY ASSOCIATES LLC (404) 422-6575 [email protected]

    Listing agent Tasha M Smith (904) 993-1628 License #373907

    Listing date Sep 29, 2025

    Copyright © 2025 Greater Augusta 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.

    Overview

    Turnkey Duplex in Augusta, GA

    This turnkey duplex, approved by the Housing Authority, presents a solid investment opportunity with low maintenance requirements and reliable tenants. Each of the two units includes 2 bedrooms and 1 bathroom, configured for long-term rental income. The property generates $1,880 per month in rent, with one unit under a new 1-year lease and the other operating on a month-to-month basis. The owner is not responsible for any utility payments. The gross annual rent amounts to $22,560, while estimated yearly expenses, including taxes and insurance, are approximately $2,000. This results in a projected net operating income of $20,560 and a 10.2% cap rate. Each of the 700-square-foot units has been recently renovated and features new HVAC systems and a new roof, reducing future capital expenditures. The total building size is approximately 1,400 square feet. This property is fully leased and cash flowing, making it suitable for investors seeking stable returns.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Columbia
    State
    Georgia
    Longitude
    -82.016192
    Latitude
    33.43066

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    FAQs

    What type of property is this?
    Duplex - Housing Authority-approved duplex with solid returns, low maintenance, reliable tenants.
    Where is this duplex located?
    The property is located at 2237 Bungalow Rd Augusta, GA.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: - Strong 10.2% cap rate provides a solid return on investment.; - Turnkey, Housing Authority-approved duplex ensures reliable tenants and immediate income.; - Gross annual rent of $22,560 with low estimated yearly expenses of $2,000.
    (904) 993-1628
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2237 Bungalow Rd Augusta, GA 30906
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