Single-Level Duplex with Off-Street
For Sale
$240,000
Pending
5921 PECO Lane, Austell, GA 30106
Residential Income, Austell, GA
Property Size1,200 SF
Lot Size0.14 Acres
Days on Market43
Property Features for 5921 PECO Lane
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
4
Parking features
Off Street
Elementary school
Austell
Middle school
Garrett
High school
South Cobb
Directions
TAKE I-20 WEST TO THORNTON RD EXIT WEST ON THORNTON RD TO HUMPHRIES HILL,TURN RT ON HUMPHRIES HILL TO RT ON PECO LANE.
Standard status
Pending
APN
18009500120
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2315
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Forced Air
Cooling system
Central Air, Ceiling Fan(s), Electric
Water source
Public
Building Details
Year built
1965
Floors in Building
1
Number of units
2
Building materials
Wood Siding
Listing Agency:
RE/MAX Town & Country · RE/MAX International
(770) 928-4966
Listed By:
Bruce Ailion · License #104826
(678) 520-9292
Added: Jul 20
Changed: Aug 22
Last Checked: Aug 31 at 2:06PM
MLS# 10809358
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 1,200-square-foot duplex contains two single-level residences, each with approximately 600 square feet, one bedroom, and one bathroom. One unit includes a fenced yard and side access, while off-street parking accommodates 4+ cars. Wood siding, central air, heat pump and forced-air heating, ceiling fans, and electric cooling serve the property.
The duplex is fully occupied, with residents in place for 4 and 8 years who wish to remain. Gas and power are separately metered. The landlord covers water, sewer, and trash pickup through the City of Austell. Water heaters date to 2013 and 2022, AC condensers to 2013 and 2023, and the roof is 15 years old. Public water and public sewer serve the property, which was built in 1965 on 0.14 acres in Austell, GA.
The duplex is fully occupied, with residents in place for 4 and 8 years who wish to remain. Gas and power are separately metered. The landlord covers water, sewer, and trash pickup through the City of Austell. Water heaters date to 2013 and 2022, AC condensers to 2013 and 2023, and the roof is 15 years old. Public water and public sewer serve the property, which was built in 1965 on 0.14 acres in Austell, GA.
Key Highlights
- 1,200‑square‑foot duplex with two single‑level units of approximately 600 square feet each
- Each residence includes 1 bedroom and 1 bathroom; one unit has a fenced yard and side access
- Fully occupied with residents in place for 4 and 8 years
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
$17,436
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
7.27%
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%
$348,720
$348.7K
Cap Rate 7%
$249,086
$249.1K
Cap Rate 9%
$193,733
$193.7K
Market Conditions
NOI Build-Up for 1,200 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
$26.6K $22.20/SF
− Vacancy
−$1.7K −$1.44/SF
EGI
$24.9K $20.76/SF
− OpEx
−$7.5K −$6.23/SF
NOI
$17.4K $14.53/SF
Area
Cobb County, GA
Vacancy
6.50%
Lease Rate
$22.20 /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%
$348,720
Cap Rate 7%
$249,086
Cap Rate 9%
$193,733
Alternative Uses
Best Use
Multifamily LT 5
$249.1K
$218.0K – $290.6K
NOI $17,436 @ 7.0% cap · market cap 7.27%
Second Best
Apartment 5plus
$230.3K
$201.5K – $268.7K
NOI $16,121 @ 7.0% cap · market cap 6.72%
Theoretical Best
Office A
$337.0K
$294.8K – $393.1K
NOI $23,587 @ 7.0% cap · market cap 9.83%
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
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
333
Businesses Nearby
Explore this area
Business Placement
Demographics for 30106, GA
24,020
Population
9,576
Households
2.5
Avg Household Size
37
Median Age
27%
College-Educated
87%
High-School Grad
12.6 sq mi
ZIP Area
1,906
Density / Sq Mi
$65,715
Median Household Income
$38,602
Median Earnings
$1,425
Median Rent
$254,600
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 - Fully occupied duplex with two one-bedroom units, separate gas and power metering, and public water and sewer service.
Where is this duplex located?
The property is located at 5921 PECO Lane Austell, 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: 1,200‑square‑foot duplex with two single‑level units of approximately 600 square feet each; Each residence includes 1 bedroom and 1 bathroom; one unit has a fenced yard and side access; Fully occupied with residents in place for 4 and 8 years
