Brick Duplex with Leased
429 Evans Mill Drive Evans, GA 30809
429 Evans Mill Drive, Evans, GA, 30809
$360,000
For Sale
Under Contract
$360,000
MULTI_FAMILY - Evans, GA
Property Size2,156 SF
Lot Size0.31 Acres
Price / SF$166.98
Days on Market43
Property Features for 429 Evans Mill Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R-2
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
- Patio and Porch features
- Patio
- Interior features
- Eat-in Kitchen
- Appliances
- Range
- Standard status
- Active Under Contract
- APN
- 077a086
- Size
- 2,156 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Legal Description 1 LOT 20 Legal Description 2 EVANS MILL Legal Description 3
- Tax Annual Amount
- 1863
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Multi Units, Central Air
- Water source
- Public
Building Details
- Year built
- 1984
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet, Laminate
- Building materials
- Brick, Vinyl Siding
- Roof type
- Shingle
Listing agency
ERA Wilder Realty
(803) 765-0211
Listed by
Derya Martin · License #304649
(803) 765-0211
Added: Jun 10 Updated: Jul 18 at 7:22AM Checked: Jul 22 at 7:06AM
MLS# 100580729
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 well-kept brick duplex features two leased units, each offering 2 bedrooms and 1.5 baths. Unit A and Unit B both include comfortable living areas, separate dining spaces, and updated kitchens with granite countertops and stainless steel appliances. Additional improvements include fresh paint and newer flooring throughout, and Unit A has a newer HVAC system. Outside, the property provides a rear patio and a spacious backyard with mature trees.
Located in Evans within Columbia County, the home is positioned in a central area close to shopping, dining, schools, and everyday conveniences. The property is zoned R-2, and it includes a central Evans setting that supports long-term residential use.
Both units are currently leased, with combined gross monthly income reported at $2,323 and a combined gross annual income of $27,876. Unit A is rented at $1,195 per month, and Unit B is rented at $1,128 per month, with a lease in place through 10/19/2026. The seller notes property management operates on a month-to-month basis and highlights a longer-tenured tenant history of approximately three years. With updates already completed and occupancy in place, this duplex is a practical fit for investors or owner-occupants seeking a turn-key, income-producing residential property in an established, convenient area.
Located in Evans within Columbia County, the home is positioned in a central area close to shopping, dining, schools, and everyday conveniences. The property is zoned R-2, and it includes a central Evans setting that supports long-term residential use.
Both units are currently leased, with combined gross monthly income reported at $2,323 and a combined gross annual income of $27,876. Unit A is rented at $1,195 per month, and Unit B is rented at $1,128 per month, with a lease in place through 10/19/2026. The seller notes property management operates on a month-to-month basis and highlights a longer-tenured tenant history of approximately three years. With updates already completed and occupancy in place, this duplex is a practical fit for investors or owner-occupants seeking a turn-key, income-producing residential property in an established, convenient area.
Key Highlights
- 1984 brick duplex with both units currently leased
- Combined gross monthly rent of $2,323 ($27,876 annually); Unit A $1,195 and Unit B $1,128
- Unit B lease in place through 10/19/2026; long‑term tenant history of about 3 years
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 | $32.9k | $15.24 |
| − Vacancy | −$2.7k | −$1.23 |
| EGI | $30.2k | $14.01 |
| − OpEx | −$9.1k | −$4.20 |
| NOI | $21.1k | $9.81 |
2,156 SF · lease $15.24/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$302.1K
$264.3K – $352.4K
NOI $21,144 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$279.0K
$244.1K – $325.5K
NOI $19,530 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$680.5K
$595.5K – $793.9K
NOI $47,636 @ 7.0% cap · market cap 13.23%
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 - Well-kept two-unit brick duplex with both units leased and updated interiors, including newer HVAC for one unit.
Where is this duplex located?
The property is located at 429 Evans Mill Drive Evans, GA.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: 1984 brick duplex with both units currently leased; Combined gross monthly rent of $2,323 ($27,876 annually); Unit A $1,195 and Unit B $1,128; Unit B lease in place through 10/19/2026; long‑term tenant history of about 3 years
