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Historic Four-Unit Multifamily Building
For Sale
$725,000

501 Dartmouth Street, Brunswick, GA 31520

MULTI_FAMILY - Victorian - Brunswick, GA

Property Size6,028 SF
Lot Size0.25 Acres
Price / SF$120.27
Days on Market318

Property Features for 501 Dartmouth Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description City
Bedrooms 8
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 5, Bedroom 8, Bathroom 3, Bathroom 5, Bedroom 1, Bedroom 6, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 4, Bedroom 2, Bathroom 6, Bedroom 3, Bedroom 7
Parking features On Street
Patio and Porch features Porch
Interior features Built-in Features, Bookcases, Painted Woodwork
Fireplace 1
Subdivision Old Town
Lot features City Lot
Elementary school Oglethorpe
Middle school Glynn Middle School
High school Glynn Academy
Directions From Gloucester Street, go south on Union Street. Make a right on to Dartmouth St. Building is on the 2nd block on the right between Reynolds and Richmond.
Standard status Active
APN 0100625
Size 6,028 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Description PARCEL A OF LOTS 173 & PTN 172 OLD TOWN
Legal Description PARCEL A OF LOTS 173 & PTN 172 OLD TOWN

Utilities

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

Amenities

original hardwood floors
soaring ceilings
classic built-ins
deep front porch

Building Details

Year built 1890
Floors in Building 2
Flooring type Tile - Ceramic, Vinyl, Tile, Hardwood
Building materials Wood Siding
Roof type Metal
Architectural style Victorian
Listing Agency: Roland Daniel Properties
Listed By: Allison Van der Veer · License #278840
Added: Sep 17, 2025 Changed: Jul 30 Last Checked: Jul 31 at 1:06AM
MLS# 1656766

Copyright © 2026 Golden Isles 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.

Investment Insights

Based on property information with market context.

A historic four-unit multifamily property in Brunswick’s Old Town district, built in 1890 in Victorian architectural style. The building is wood sided and features a metal roof, with central electric heating and central air conditioning. Interior features include built-in elements such as bookcases and painted woodwork, with a mix of hardwood, vinyl, and ceramic tile flooring.

The property totals 6,028 square feet on a 0.25-acre lot. Each unit accesses a deep front porch on both levels, and the upstairs units have doors that open to the porch in addition to their front doors. Units have a total of three with two full bathrooms and one unit with one full bathroom.

Tenancy is described as stable, with most tenants having rented for 8+ years. Unit A includes updates with a new kitchen and a new water heater. The building is served by public water and public sewer, and offers cable available. Parking is available on-street, and the property includes a porch and a fireplace.

Key Highlights

  • Historic Victorian four‑unit multifamily building built in 1890
  • 6,028 SF on a 0.25‑acre lot with wood siding and a metal roof
  • Deep front porch access on both levels; upstairs units have porch doors

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 $76.0k $12.60
− Vacancy −$4.9k −$0.82
EGI $71.0k $11.78
− OpEx −$21.3k −$3.53
NOI $49.7k $8.25
6,028 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$710.2K
$621.4K – $828.5K (±1% cap)
NOI $49,711 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$658.5K
$576.2K – $768.3K (±1% cap)
NOI $46,097 @ 7.0% cap · market cap 6.36%
Theoretical Best
Office A
$1.25M
$1.09M – $1.46M (±1% cap)
NOI $87,573 @ 7.0% cap · market cap 12.08%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Pharmacy Electrical Service Auto Parts Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

215
Businesses Nearby

Demographics for 31520, GA

22,726
Population
10,619
Households
2.1
Avg Household Size
39
Median Age
16%
College-Educated
84%
High-School Grad
20.1 sq mi
ZIP Area
1,131
Density / Sq Mi
$37,652
Median Household Income
$26,292
Median Earnings
$936
Median Rent
$135,100
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?
Quadplex - Historic Victorian four-unit building with shared porch access on both levels and stable long-term tenants.
Where is this quadplex located?
The property is located at 501 Dartmouth Street Brunswick, GA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Historic Victorian four‑unit multifamily building built in 1890; 6,028 SF on a 0.25‑acre lot with wood siding and a metal roof; Deep front porch access on both levels; upstairs units have porch doors
More about this property
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