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Brick Duplex with Private Patios
New
For Sale
$285,000

106/108 Upland, Athens, GA 30605

Each residence has a fireplace, an eat-in kitchen, private outdoor space, and a dedicated parking pad.

Property Size2,005 SF
Price / SF$142.14
Days on Market7

Property Features for 106/108 Upland

General Information

Standard status Active
Size 2,005 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/2BA
Multifamily Units 2

Amenities

fireplace
private back patio
exterior storage room
dedicated parking pad

Building Details

Year Built 1985
Buildings 1
Construction brick
Listing Agency: EXP Realty LLC
Listed By: Lisa Bernstein · License #377868
Source: Myhomesearchtriangle
Added: Oct 7 Changed: Oct 13 Last Checked: Oct 13 at 2:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC

Investment Insights

Based on property information with market context.

This brick duplex contains approximately 2,005 square feet across two residences, each arranged with 2 bedrooms and 2 full baths. Both units have an en suite primary bedroom with a walk-in closet, a living room with a fireplace, and an eat-in kitchen equipped with a dishwasher, refrigerator, oven/range, and hood vent. LVP flooring, washer and dryer connections, an exterior storage room, a private back patio, and a dedicated parking pad serve each side. The building dates to 1985; one unit has been renovated, and both are described as move-in condition.

The property is in East Side Athens, near shopping, dining, UGA, and everyday services. Its two-unit configuration provides separate residential spaces at one address.

Key Highlights

  • Two‑unit brick duplex totaling approximately 2,005 sq ft
  • Built in 1985
  • Each unit has 2 bedrooms and 2 full baths

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,348
Cap Rate
8.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,960 $487.0K
Cap Rate 7%
$347,829 $347.8K
Cap Rate 9%
$270,533 $270.5K
Market Conditions
NOI Build-Up for 2,005 SF
Gross rent
$36.8K $18.36/SF
− Vacancy
−$2.0K −$1.01/SF
EGI
$34.8K $17.35/SF
− OpEx
−$10.4K −$5.20/SF
NOI
$24.3K $12.14/SF
Area
Athens, GA
Vacancy
5.51%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,960
Cap Rate 7%
$347,829
Cap Rate 9%
$270,533

Alternative Uses

Best Use
Multifamily LT 5
$347.8K
$304.4K – $405.8K (±1% cap)
NOI $24,348 @ 7.0% cap · market cap 8.54%
Second Best
Apartment 5plus
$320.5K
$280.5K – $374.0K (±1% cap)
NOI $22,438 @ 7.0% cap · market cap 7.87%
Theoretical Best
Office A
$483.3K
$422.9K – $563.9K (±1% cap)
NOI $33,834 @ 7.0% cap · market cap 11.87%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Building Supply Daycare Center Auto Parts Store Plumbing Service

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

224
Businesses Nearby

Demographics for 30605, GA

43,205
Population
18,387
Households
2.3
Avg Household Size
28
Median Age
53%
College-Educated
91%
High-School Grad
38.2 sq mi
ZIP Area
1,131
Density / Sq Mi
$48,188
Median Household Income
$24,933
Median Earnings
$1,104
Median Rent
$279,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence has a fireplace, an eat-in kitchen, private outdoor space, and a dedicated parking pad.
Where is this duplex located?
The property is located at 106/108 Upland Athens, GA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Two‑unit brick duplex totaling approximately 2,005 sq ft; Built in 1985; Each unit has 2 bedrooms and 2 full baths
More about this property
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