Duplex with New
For Sale
$240,000
Pending
3201 Tyndall Drive, Valdosta, GA 31602
Residential Income, Valdosta, GA
Property Size2,560 SF
Lot Size0.18 Acres
Days on Market50
Property Features for 3201 Tyndall Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Subdivision
Perimeter Place
Elementary school
Sallas Mahone
Middle school
Valdosta
High school
Valdosta
Directions
From Inner Perimeter Road, head West on E Park Ave. Turn right onto Tyndall Drive. The property will be on your left.
Standard status
Pending
APN
0149C 035
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2176
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1996
Floors in Building
1
Number of units
2
Listing Agency:
eXp Realty
(888) 959-9461
Listed By:
Jeffrey Ducreay · License #413265
(770) 377-8857
Added: Jul 10
Changed: Aug 19
Last Checked: Aug 28 at 8:06PM
MLS# 10802909
Copyright © 2026 Georgia Multiple Listing Service. 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 ranch-style duplex contains two separate residences totaling 2,560 square feet. Each unit provides three bedrooms and two bathrooms, with its own driveway for dedicated access. Central heating and central air conditioning serve the property, while public water and public sewer support the site. A new roof adds a recent improvement to the 1996-built property.
The duplex is located in Valdosta near Valdosta State University, Valdosta Mall, regional employers, shopping, dining, and Inner Perimeter Road. The property is in the Perimeter Place subdivision and has no HOA. Both residences are currently tenant-occupied, providing an existing two-unit configuration for continued residential income use.
The duplex is located in Valdosta near Valdosta State University, Valdosta Mall, regional employers, shopping, dining, and Inner Perimeter Road. The property is in the Perimeter Place subdivision and has no HOA. Both residences are currently tenant-occupied, providing an existing two-unit configuration for continued residential income use.
Key Highlights
- Two‑unit duplex with 2,560 square feet of total area
- Each unit includes 3 bedrooms and 2 bathrooms
- Built in 1996 with a new roof
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,090
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$341,800
$341.8K
Cap Rate 7%
$244,143
$244.1K
Cap Rate 9%
$189,889
$189.9K
Market Conditions
NOI Build-Up for 2,560 SF
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.
Gross rent
$26.1K $10.20/SF
− Vacancy
−$1.7K −$0.66/SF
EGI
$24.4K $9.54/SF
− OpEx
−$7.3K −$2.86/SF
NOI
$17.1K $6.68/SF
Area
Lowndes County, GA
Vacancy
6.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$341,800
Cap Rate 7%
$244,143
Cap Rate 9%
$189,889
Alternative Uses
Best Use
Multifamily LT 5
$244.1K
$213.6K – $284.8K
NOI $17,090 @ 7.0% cap · market cap 7.12%
Second Best
Apartment 5plus
$219.6K
$192.2K – $256.2K
NOI $15,373 @ 7.0% cap · market cap 6.41%
Theoretical Best
Office A
$388.7K
$340.1K – $453.4K
NOI $27,206 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
122
Businesses Nearby
Explore this area
Business Placement
Demographics for 31602, GA
35,999
Population
15,201
Households
2.4
Avg Household Size
33
Median Age
32%
College-Educated
89%
High-School Grad
39.9 sq mi
ZIP Area
902
Density / Sq Mi
$55,980
Median Household Income
$34,919
Median Earnings
$1,046
Median Rent
$197,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two ranch-style residences offer separate driveways, central heating and cooling, and public utilities without HOA fees.
Where is this duplex located?
The property is located at 3201 Tyndall Drive Valdosta, GA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,560 square feet of total area; Each unit includes 3 bedrooms and 2 bathrooms; Built in 1996 with a new roof
