Tenant-Occupied
For Sale
$175,000
1740 Walker St, Augusta, GA 30904
Two-unit residential income property with one-bedroom, one-bath layouts and existing occupancy.
Property Size650 SF
Price / SF$269.23
Days on Market79
Property Features for 1740 Walker St
General Information
Standard status
Active
Size
650 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1982
Listing Agency:
Forth & Bound Real Estate
Listed By:
Rebecca McGinty · License #76782
(706) 955-3392
Source:
Barefootbrokers
Added: Jul 21
Changed: Oct 5
Last Checked: Oct 5 at 10:11PM
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 Forth & Bound Real Estate
Investment Insights
Based on property information with market context.
This tenant-occupied duplex contains two residential units, each configured with one bedroom and one bathroom. The property size is 650 square feet, and the building was constructed in 1982.
Located at 1740 Walker St in Augusta, Georgia, the asset offers an established two-unit configuration for residential income use.
Located at 1740 Walker St in Augusta, Georgia, the asset offers an established two-unit configuration for residential income use.
Key Highlights
- Tenant‑occupied duplex
- Two residential units
- Each unit has 1 bedroom and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,375
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$127,500
$127.5K
Cap Rate 7%
$91,071
$91.1K
Cap Rate 9%
$70,833
$70.8K
Market Conditions
NOI Build-Up for 650 SF
Gross rent
$9.9K $15.24/SF
− Vacancy
−$799 −$1.23/SF
EGI
$9.1K $14.01/SF
− OpEx
−$2.7K −$4.20/SF
NOI
$6.4K $9.81/SF
Area
Augusta, GA
Vacancy
8.07%
Lease Rate
$15.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$127,500
Cap Rate 7%
$91,071
Cap Rate 9%
$70,833
Alternative Uses
Best Use
Multifamily LT 5
$91.1K
$79.7K – $106.3K
NOI $6,375 @ 7.0% cap · market cap 3.64%
Second Best
Apartment 5plus
$84.1K
$73.6K – $98.1K
NOI $5,888 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$205.2K
$179.5K – $239.4K
NOI $14,362 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
856
Businesses Nearby
Explore this area
Business Placement
Demographics for 30904, GA
24,145
Population
12,558
Households
1.9
Avg Household Size
38
Median Age
31%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
2,195
Density / Sq Mi
$45,636
Median Household Income
$29,101
Median Earnings
$953
Median Rent
$185,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential income property with one-bedroom, one-bath layouts and existing occupancy.
Where is this duplex located?
The property is located at 1740 Walker St Augusta, GA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Tenant‑occupied duplex; Two residential units; Each unit has 1 bedroom and 1 bathroom
