Four-Sided Brick
150 Alden Court, Athens, GA 30605
For Sale
$325,000
Residential Income, Athens, GA
Property Size1,764 SF
Lot Size0.46 Acres
Price / SF$184.24
Days on Market50
Property Features for 150 Alden Court
General Information
Property type
Property subtype
Zoning
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Interior features
Fireplace
Appliances
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
fireplace
ceiling fans
washer/dryer
patio
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
HomeSmart
(404) 876-4901
Listed By:
Stephen Molloy · License GA #350914
(678) 787-3848
Added: Sep 24
Changed: Oct 31
Last Checked: Nov 12 at 2:06PM
MLS# CL365204
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.
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Investment Insights
Based on property information with market context.
This two-unit ranch duplex at 150 Alden Court provides 1,764 square feet of residential space across two similarly arranged sides. Each residence includes two bedrooms, a bathroom, a living room with a brick wood-burning fireplace, an eat-in kitchen, utility or storage space, and a private patio. Appliance packages include a range, dishwasher, hood, refrigerator, washer, and dryer. Interior finishes vary by unit and include vinyl, laminate, tile, and carpet flooring, while ceiling fans and central electric heating and cooling serve both sides.
The four-sided brick exterior was constructed in 1979 and is set on 0.457 acres with grassy front, side, and rear yards. Parking is provided through a large pad along with off-street and on-street options. The property is 1.6 miles from Cedar Shoals High School and Aldi, 3.8 miles from the University of Georgia Main Campus, and 5.2 miles from Downtown Athens. A Clarke County bus stop is located 100 yards away.
The four-sided brick exterior was constructed in 1979 and is set on 0.457 acres with grassy front, side, and rear yards. Parking is provided through a large pad along with off-street and on-street options. The property is 1.6 miles from Cedar Shoals High School and Aldi, 3.8 miles from the University of Georgia Main Campus, and 5.2 miles from Downtown Athens. A Clarke County bus stop is located 100 yards away.
Key Highlights
- 1,764‑square‑foot duplex with two two‑bedroom residences
- Four‑sided brick construction dating to 1979
- Each unit includes a brick wood‑burning fireplace and full appliance package
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,422
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,440
$428.4K
Cap Rate 7%
$306,029
$306.0K
Cap Rate 9%
$238,022
$238.0K
Market Conditions
NOI Build-Up for 1,764 SF
Gross rent
$32.4K $18.36/SF
− Vacancy
−$1.8K −$1.01/SF
EGI
$30.6K $17.35/SF
− OpEx
−$9.2K −$5.20/SF
NOI
$21.4K $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%
$428,440
Cap Rate 7%
$306,029
Cap Rate 9%
$238,022
Alternative Uses
Best Use
Multifamily LT 5
$306.0K
$267.8K – $357.0K
NOI $21,422 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$282.0K
$246.8K – $329.0K
NOI $19,741 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$425.2K
$372.1K – $496.1K
NOI $29,767 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
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Business Placement
Demographics for 30605, GA
43,205
Population
18,387
Households
2.3
Avg Household Size
28
Median Age
53%
College-Educated
91%
High-School Grad
38.2 sq mi
ZIP Area
1,131
Density / Sq Mi
$48,188
Median Household Income
$24,933
Median Earnings
$1,104
Median Rent
$279,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Athens, GA
Properties on Market for Duplexes in Athens
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two ranch-style residences with separate living spaces, fireplaces, patios, and appliance packages on a 0.457-acre parcel.
Where is this duplex located?
The property is located at 150 Alden Court Athens, GA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1,764‑square‑foot duplex with two two‑bedroom residences; Four‑sided brick construction dating to 1979; Each unit includes a brick wood‑burning fireplace and full appliance package
