Duplex with Two-Bedroom
For Sale
$250,000
121/125 Live Oak Dr, Athens, GA 30606
Occupied income property with two residential sides, each offering two bedrooms and one bathroom.
Property Size1,592 SF
Price / SF$157.04
Days on Market149
Property Features for 121/125 Live Oak Dr
General Information
Standard status
Active
Size
1,592 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1977
Listing Agency:
Coldwell Banker Upchurch Realty
Listed By:
Matt Russell · License #318902
(706) 201-6190
Source:
Searchgreateraugustahomes
Added: May 19
Changed: Oct 1
Last Checked: Oct 12 at 8:00PM
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 Coldwell Banker Upchurch Realty
Investment Insights
Based on property information with market context.
This duplex contains two residential units, with each side configured as 2 bedrooms and 1 bathroom. The property was built in 1977 and is reported to be in good condition. Both units are occupied and leased, providing an existing residential income setup.
The building measures 1,592 square feet in total and has no HOA or condominium dues. Property showings require the asset to be under contract.
The building measures 1,592 square feet in total and has no HOA or condominium dues. Property showings require the asset to be under contract.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bathroom per side
- 1,592 square feet of total property size
- Both sides occupied and leased at $1,200/month
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,333
Cap Rate
7.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,660
$386.7K
Cap Rate 7%
$276,186
$276.2K
Cap Rate 9%
$214,811
$214.8K
Market Conditions
NOI Build-Up for 1,592 SF
Gross rent
$29.2K $18.36/SF
− Vacancy
−$1.6K −$1.01/SF
EGI
$27.6K $17.35/SF
− OpEx
−$8.3K −$5.20/SF
NOI
$19.3K $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%
$386,660
Cap Rate 7%
$276,186
Cap Rate 9%
$214,811
Alternative Uses
Best Use
Multifamily LT 5
$276.2K
$241.7K – $322.2K
NOI $19,333 @ 7.0% cap · market cap 7.73%
Second Best
Apartment 5plus
$254.5K
$222.7K – $296.9K
NOI $17,816 @ 7.0% cap · market cap 7.13%
Theoretical Best
Office A
$383.8K
$335.8K – $447.8K
NOI $26,865 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Explore this area
Business Placement
Demographics for 30606, GA
46,798
Population
22,603
Households
2.1
Avg Household Size
33
Median Age
52%
College-Educated
93%
High-School Grad
30.7 sq mi
ZIP Area
1,524
Density / Sq Mi
$61,397
Median Household Income
$35,854
Median Earnings
$1,222
Median Rent
$332,600
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 - Occupied income property with two residential sides, each offering two bedrooms and one bathroom.
Where is this duplex located?
The property is located at 121/125 Live Oak Dr Athens, GA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom per side; 1,592 square feet of total property size; Both sides occupied and leased at $1,200/month
