Duplex With Renovated
New
For Sale
$235,000
146 Stoneybrooks Place, Augusta, GA 30907
Residential Income, Augusta, GA
Property Size1,819 SF
Lot Size0.34 Acres
Price / SF$129.19
Days on Market2
Property Features for 146 Stoneybrooks Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 3
Parking
2
Parking features
Paved or Surfaced
Patio and Porch features
Porch
Interior features
Wash/Dry Connect
Appliances
Refrigerator, Dishwasher
Subdivision
Shady Grove Estates
Lot features
Dead End
Elementary school
Westmont
Middle school
Evans
High school
Evans
Directions
From I-20 Take exit 194 for GA-383/Dyess Pkwy toward Belair Rd, Slight right to merge onto GA-383 N/S Belair Rd, then turn left onto Columbia Rd, then turn right onto Samarya Ln/Shadygrove Dr, at the end of the street turn left onto Stoneybrooks and the Duplex will be on the left.
Standard status
Active
APN
073c206
Size
1,819 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
1518
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1983
Floors in Building
1
Number of units
2
Flooring type
Carpet, Lvt/lvp, Vinyl
Building materials
Block, Brick
Roof type
Shingle
Listing Agency:
Meybohm Real Estate - Evans
(706) 863-8218
Listed By:
Ana Ahmadieh · License #401187
(803) 270-1057
Added: Sep 19
Last Checked: Sep 20 at 5:06AM
MLS# 100604812
Copyright © 2026 Hive MLS. 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 1983 duplex contains 1,819 square feet on a 0.34-acre lot, with both apartments currently rented. Each unit provides two bedrooms, one bathroom, a living and dining area, a kitchen, a laundry room, and an exterior storage closet. The property includes a porch, paved parking, and a storage shed beside the building.
Unit A has updated flooring, HVAC, cabinets, walls, and countertops. Unit B is described as being in good condition. Construction includes block and brick, with a shingle roof, central air, forced-air natural gas heat, public water, and public sewer. Refrigerator and dishwasher appliances are included, and the property is zoned R-2.
Located at 146 Stoneybrooks Place in Augusta, Georgia, the duplex is within Columbia County and uses postal code 30907.
Unit A has updated flooring, HVAC, cabinets, walls, and countertops. Unit B is described as being in good condition. Construction includes block and brick, with a shingle roof, central air, forced-air natural gas heat, public water, and public sewer. Refrigerator and dishwasher appliances are included, and the property is zoned R-2.
Located at 146 Stoneybrooks Place in Augusta, Georgia, the duplex is within Columbia County and uses postal code 30907.
Key Highlights
- Two‑unit duplex with both apartments currently rented
- 1,819 square feet on a 0.34‑acre lot
- Each unit includes 2 bedrooms, 1 bathroom, kitchen, laundry room, and exterior storage
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
$17,839
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
7.59%
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%
$356,780
$356.8K
Cap Rate 7%
$254,843
$254.8K
Cap Rate 9%
$198,211
$198.2K
Market Conditions
NOI Build-Up for 1,819 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
$27.7K $15.24/SF
− Vacancy
−$2.2K −$1.23/SF
EGI
$25.5K $14.01/SF
− OpEx
−$7.6K −$4.20/SF
NOI
$17.8K $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 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%
$356,780
Cap Rate 7%
$254,843
Cap Rate 9%
$198,211
Alternative Uses
Best Use
Multifamily LT 5
$254.8K
$223.0K – $297.3K
NOI $17,839 @ 7.0% cap · market cap 7.59%
Second Best
Apartment 5plus
$235.4K
$206.0K – $274.6K
NOI $16,477 @ 7.0% cap · market cap 7.01%
Theoretical Best
Office A
$574.1K
$502.4K – $669.8K
NOI $40,190 @ 7.0% cap · market cap 17.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
334
Businesses Nearby
Explore this area
Business Placement
Demographics for 30907, GA
50,964
Population
22,219
Households
2.3
Avg Household Size
39
Median Age
39%
College-Educated
91%
High-School Grad
24.1 sq mi
ZIP Area
2,115
Density / Sq Mi
$83,349
Median Household Income
$45,692
Median Earnings
$1,211
Median Rent
$232,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two leased apartments offer separate living areas, kitchens, laundry rooms, and exterior storage.
Where is this duplex located?
The property is located at 146 Stoneybrooks Place Augusta, GA.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Two‑unit duplex with both apartments currently rented; 1,819 square feet on a 0.34‑acre lot; Each unit includes 2 bedrooms, 1 bathroom, kitchen, laundry room, and exterior storage
