Tenant-Occupied Duplex Income
540 Aubrey Drive Athens, GA 30606
540 Aubrey Drive, Athens, GA, 30606
$275,000
Pending
For Sale
$275,000
Pending
MULTI_FAMILY - Ranch - Athens, GA
Property Size1,856 SF
Days on Market45
Property Features for 540 Aubrey Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- RS-8
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
- Parking features
- Off Street
- Interior features
- Pull Down Attic Stairs
- Appliances
- Electric Water Heater
- Standard status
- Pending
- APN
- 043B4-B-014
- Size
- 1,856 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- SUBD BLK: C,LOT: 23;
- Tax Annual Amount
- 2618
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1976
- Floors in Building
- 1
- Flooring type
- Hardwood, Carpet
- Building materials
- Brick
- Roof type
- Composition
- Architectural style
- Ranch
Listing agency
Keller Williams Greater Athens
(706) 316-2900
Listed by
Ashley Nalley · License #415258
(706) 808-4507
Added: Jun 8 Updated: Jul 18 at 7:22AM Checked: Jul 22 at 11:06AM
MLS# CL358320
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 for-sale duplex features white brick construction and two separate units. Each unit includes two bedrooms and one full bathroom. Inside, the layout provides a living room that opens to a kitchen with a breakfast nook, followed by two well-proportioned bedrooms and the full bath. The property also has brand-new flooring throughout each side.
The building is located at 540 Aubrey Drive in Athens, Georgia within Athens-Clarke County. The listing notes the property is tenant occupied, and showings require 24-hour notice, with limited showing availability.
For investors or owner-occupants seeking rental income, the duplex configuration supports straightforward leasing across two self-contained units with consistent rooming. The recently updated flooring can help reduce immediate interior maintenance needs for prospective tenants, while the two-bedroom, one-bath design offers a practical fit for a broad range of residential renters.
The building is located at 540 Aubrey Drive in Athens, Georgia within Athens-Clarke County. The listing notes the property is tenant occupied, and showings require 24-hour notice, with limited showing availability.
For investors or owner-occupants seeking rental income, the duplex configuration supports straightforward leasing across two self-contained units with consistent rooming. The recently updated flooring can help reduce immediate interior maintenance needs for prospective tenants, while the two-bedroom, one-bath design offers a practical fit for a broad range of residential renters.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 full bath per unit
- White brick exterior; ranch architectural style; built in 1976
- Central heating and central air conditioning with electric heating/cooling
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 | $34.1k | $18.36 |
| − Vacancy | −$1.9k | −$1.01 |
| EGI | $32.2k | $17.35 |
| − OpEx | −$9.7k | −$5.20 |
| NOI | $22.5k | $12.14 |
1,856 SF · lease $18.36/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$322.0K
$281.7K – $375.7K
NOI $22,539 @ 7.0% cap · market cap 8.20%
Second Best
Apartment 5plus
$296.7K
$259.6K – $346.2K
NOI $20,770 @ 7.0% cap · market cap 7.55%
Theoretical Best
Office A
$447.4K
$391.5K – $522.0K
NOI $31,320 @ 7.0% cap · market cap 11.39%
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 - White-brick duplex with two identical units, each offering two bedrooms and one full bath, with new flooring.
Where is this duplex located?
The property is located at 540 Aubrey Drive Athens, GA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 full bath per unit; White brick exterior; ranch architectural style; built in 1976; Central heating and central air conditioning with electric heating/cooling
