Renovated 4-Unit
For Sale
$499,900
1311 G Street, Brunswick, GA 31520
Residential Income, Brunswick, GA
Property Size4,050 SF
Lot Size0.05 Acres
Price / SF$123.43
Days on Market130
Property Features for 1311 G Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
10
Full bathrooms
12
Half bathrooms
4
Rooms
Bedroom 3, Bathroom 6, Bedroom 6, Bedroom 2, Bedroom 7, Bathroom 7, Bathroom 2, Bathroom 9, Bathroom 4, Bathroom 3, Bathroom 10, Bathroom 8, Bedroom 4, Bedroom 8, Bathroom 5, Bathroom 1, Bedroom 1, Bedroom 5, Bathroom 12, Bathroom 11
Parking
2
Parking features
Off Street, Driveway
Subdivision
Town Commons
Elementary school
Burroughs-Molette
Middle school
Risley Middle School
High school
Glynn Academy
Directions
Martin Luther King Jr. South to G. Street, make a right and the unit is on the right.
Standard status
Active
APN
0102340
Size
4,050 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PTN 125 AMHERST & CO
Tax Annual Amount
1890
Legal Description
PTN 125 AMHERST & CO
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2023
Floors in Building
2
Building materials
Vinyl Siding
Listing Agency:
Rawls Realty
(912) 450-1800
Listed By:
Karen Polite · License #360490
(912) 242-8565
Added: Apr 24
Changed: Aug 19
Last Checked: Aug 31 at 5:06PM
MLS# 1661474
Copyright © 2026 Golden Isles Association of REALTORS. 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 4-unit quadplex contains 4,050 square feet on a 0.05-acre parcel and was built in 2023. Each residence offers 2 bedrooms and 2.5 bathrooms, with occupancy across all units. Property improvements include updated electrical and plumbing systems, new flooring, and appliances. Vinyl siding, heat pump heating, central air, public water, and public sewer support the building’s operating infrastructure.
Located at 1311 G Street in Brunswick, the property is positioned in the city’s historic district near restaurants, schools, shopping, and downtown attractions. Residents have access to off-street parking and a driveway. Cable is available at the property.
Located at 1311 G Street in Brunswick, the property is positioned in the city’s historic district near restaurants, schools, shopping, and downtown attractions. Residents have access to off-street parking and a driveway. Cable is available at the property.
Key Highlights
- 4‑unit quadplex with 4,050 square feet of building area
- Each unit includes 2 bedrooms and 2.5 bathrooms
- All units are occupied
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
$33,399
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
6.68%
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%
$667,980
$668.0K
Cap Rate 7%
$477,129
$477.1K
Cap Rate 9%
$371,100
$371.1K
Market Conditions
NOI Build-Up for 4,050 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
$51.0K $12.60/SF
− Vacancy
−$3.3K −$0.82/SF
EGI
$47.7K $11.78/SF
− OpEx
−$14.3K −$3.53/SF
NOI
$33.4K $8.25/SF
Area
Glynn County, GA
Vacancy
6.50%
Lease Rate
$12.60 /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%
$667,980
Cap Rate 7%
$477,129
Cap Rate 9%
$371,100
Alternative Uses
Best Use
Multifamily LT 5
$477.1K
$417.5K – $556.7K
NOI $33,399 @ 7.0% cap · market cap 6.68%
Second Best
Apartment 5plus
$442.4K
$387.1K – $516.2K
NOI $30,971 @ 7.0% cap · market cap 6.20%
Theoretical Best
Office A
$840.5K
$735.5K – $980.6K
NOI $58,837 @ 7.0% cap · market cap 11.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,267
Businesses Nearby
Explore this area
Business Placement
Demographics for 31520, GA
22,726
Population
10,619
Households
2.1
Avg Household Size
39
Median Age
16%
College-Educated
84%
High-School Grad
20.1 sq mi
ZIP Area
1,131
Density / Sq Mi
$37,652
Median Household Income
$26,292
Median Earnings
$936
Median Rent
$135,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Occupied apartment property with consistent two-bedroom layouts and updated building systems in Brunswick’s historic district.
Where is this quadplex located?
The property is located at 1311 G Street Brunswick, GA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 4‑unit quadplex with 4,050 square feet of building area; Each unit includes 2 bedrooms and 2.5 bathrooms; All units are occupied
