Renovated Duplex with
For Sale
$235,000
146 Stoneybrooks Place, Augusta, GA 30907
Two leased apartments offer practical layouts with separate living, dining, kitchen, laundry, and storage areas.
Property Size1,819 SF
Price / SF$129.19
Days on Market29
Property Features for 146 Stoneybrooks Place
General Information
Standard status
Active
Size
1,819 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1983
Listing Agency:
Property Partners
Listed By:
Kelli Salter
(910) 939-4905
Source:
Carolinarealestatecentral
Added: Sep 21
Changed: Oct 19
Last Checked: Oct 19 at 7:14AM
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 Property Partners
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Investment Insights
Based on property information with market context.
This duplex contains 1,819 square feet and was built in 1983. Both apartments are currently rented, and each unit includes two bedrooms, one bathroom, living and dining areas, a kitchen, a laundry room, and an exterior storage closet.
Unit A features new flooring, a new HVAC system, repainted cabinets and walls, and updated countertops. A storage shed sits beside the duplex for additional utility. Unit B is described as being in great condition, providing a complementary second unit within the property.
Unit A features new flooring, a new HVAC system, repainted cabinets and walls, and updated countertops. A storage shed sits beside the duplex for additional utility. Unit B is described as being in great condition, providing a complementary second unit within the property.
Key Highlights
- Two‑unit property with both apartments currently rented
- 1,819 square feet; constructed in 1983
- Each unit has 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,839
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
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
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 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.
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Property Analytics
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two leased apartments offer practical layouts with separate living, dining, kitchen, laundry, and storage areas.
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 property with both apartments currently rented; 1,819 square feet; constructed in 1983; Each unit has 2 bedrooms and 1 bathroom
