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    Duplex With Updated Vacant Unit Title is generated by Realmo AI

    102 Peachtree Court, Lagrange, GA 30241

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    Claim this Listing
    For Sale
    $237,900

    MULTI_FAMILY - Lagrange, GA

    Property size:
    2,240 SF
    Lot size:
    0.21 Acres
    Price / SF:
    $106/SF
    Added:
    May 20, 2026
    Days on Market:
    33
    Last Refresh:
    Jun 21 at 9:06 am

    Property Features for 102 Peachtree Court

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Off Street
    Standard status
    Active
    APN
    0502A001013
    Lot size
    0.21 Acres

    Taxes and HOA fees

    Tax Year
    25
    Tax Annual Amount
    2488

    Utilities

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

    Building Details

    Year built
    1979
    Floors in Building
    1
    Number of units
    2
    Building materials
    Brick, Wood Siding

    We can help!

    Listing Contact
    Ted Ehrhart

    Listing agent Ted Ehrhart License #365016

    Listing office PMI Georgia 100 Glendalough Court, S D-2, Tyrone, GA

    Listing date May 20, 2026

    MLS# 10768795 Listing URL

    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.

    HighLights

    • Duplex on a level lot with one long‑term reliable tenant and one vacant, rent‑ready unit
    • Updated vacant unit is rent ready; each side is 1,120 SF with 2 bed/1 bath layout
    • New roof installed in 2022; one HVAC unit replaced in 2025
    • Central heating and central air (electric), with off‑street parking
    • Utilities: public water and public sewer
    • Brick and wood siding; built in 1979

    Overview

    This duplex sits on a level lot and offers two separate 2-bedroom, 1-bath units. One side is occupied by a long-term, reliable tenant, while the other unit is currently vacant. The vacant unit has been updated and is described as rent ready.

    Recent improvements include a new roof installed in 2022. In addition, one HVAC unit was replaced in 2025, which supports ongoing day-to-day functionality for the property.

    The property is suited for an owner-occupant or investor seeking a straightforward two-unit residential income setup, with current income on one side and a prepared unit ready to bring back to market. The duplex configuration and unit-by-unit separation can support practical management and leasing, while the documented updates help reduce near-term capital concerns tied to the roof and HVAC.

    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 $27.4k $12.24
    − Vacancy −$1.8k −$0.80
    EGI $25.6k $11.44
    − OpEx −$7.7k −$3.43
    NOI $17.9k $8.01
    2,240 SF · lease $12.24/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $256.4K
    $224.3K – $299.1K (±1% cap)
    NOI $17,945 @ 7.0% cap · market cap 7.54%
    Second Best
    Apartment 5plus
    $229.8K
    $201.1K – $268.1K (±1% cap)
    NOI $16,086 @ 7.0% cap · market cap 6.76%
    Theoretical Best
    Office A
    $501.2K
    $438.6K – $584.7K (±1% cap)
    NOI $35,084 @ 7.0% cap · market cap 14.75%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lagrange
    County
    Troup
    State
    Georgia
    Longitude
    -85.009668
    Latitude
    33.056881

    FAQs

    What type of property is this?
    Duplex - Two 2-bed, 1-bath units on a level lot, with one long-term tenant and a renovated, rent-ready vacancy.
    Where is this duplex located?
    The property is located at 102 Peachtree Court Lagrange, GA.
    What is the asking price?
    The asking price for this property is $237,900.
    What are key features of this property?
    This property features: Duplex on a level lot with one long‑term reliable tenant and one vacant, rent‑ready unit; Updated vacant unit is rent ready; each side is 1,120 SF with 2 bed/1 bath layout; New roof installed in 2022; one HVAC unit replaced in 2025
    More about this property
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