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    Two Updated Brick Duplexes Title is generated by Realmo AI

    1504 Heard Avenue, Augusta, GA 30904

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    Claim this Listing
    New
    For Sale
    $499,000

    MULTI_FAMILY - Augusta, GA

    Property size:
    3,360 SF
    Lot size:
    0.46 Acres
    Price / SF:
    $148/SF
    Added:
    Jun 16, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 17 at 6:06 am

    Property Features for 1504 Heard Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Residential
    Bedrooms
    8
    Bathrooms
    4
    Rooms
    Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 7, Bathroom 4, Bedroom 4, Bedroom 8
    Patio and Porch features
    Porch
    Standard status
    Active
    APN
    0572108000
    Size
    3,360 SF
    Lot size
    0.46 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    1504 Heard Ave Augusta GA 30904
    Tax Annual Amount
    3397

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1979
    Floors in Building
    1
    Number of units
    4
    Building materials
    Brick
    Roof type
    Composition

    We can help!

    Listing Contact
    Sherman Burnett
    Sherman Burnett

    Listing agent Sherman Burnett License #380592

    Listing office Keller Williams Realty Augusta Partners 3633 Wheeler Road, GA

    Listing date Jun 16, 2026

    MLS# 100581984 Listing URL

    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.

    HighLights

    • Two brick duplexes on the same lot—income producing property
    • Roof is less than 2 years old
    • Interiors updated in 2023 in both properties
    • Central air cooling with electric forced‑air heating
    • Public water and public sewer
    • 1979 construction with composition roof and a porch

    Overview

    This income-producing property consists of two brick duplexes on the same lot. Both units were updated in 2023, and the roof is less than two years old. The property is listed under Residential zoning.

    Located at 1504 Heard Avenue in Augusta, GA 30904, the duplexes sit on a 0.46-acre lot in Richmond County. The shared-lot configuration is designed for straightforward ownership of two separate duplex buildings in one place.

    For buyers seeking residential income with multiple dwellings under one ownership structure, this two-duplex setup offers a practical way to diversify rental housing within a single property footprint. The combination of recent interior updates and a roof that is less than two years old can help reduce near-term turnover and exterior concerns, while the dual duplex layout provides multiple units for an income portfolio.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $51.2k $15.24
    − Vacancy −$4.1k −$1.23
    EGI $47.1k $14.01
    − OpEx −$14.1k −$4.20
    NOI $33.0k $9.81
    3,360 SF · lease $15.24/SF/yr · vacancy 8.07% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $470.7K
    $411.9K – $549.2K (±1% cap)
    NOI $32,952 @ 7.0% cap · market cap 6.60%
    Second Best
    Apartment 5plus
    $434.8K
    $380.5K – $507.3K (±1% cap)
    NOI $30,437 @ 7.0% cap · market cap 6.10%
    Theoretical Best
    Office A
    $1.06M
    $928.0K – $1.24M (±1% cap)
    NOI $74,238 @ 7.0% cap · market cap 14.88%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Columbia
    State
    Georgia
    Longitude
    -82.010602
    Latitude
    33.463611

    FAQs

    What type of property is this?
    Duplex - Income-producing two-duplex property with a newer roof and interior updates completed in 2023.
    Where is this duplex located?
    The property is located at 1504 Heard Avenue Augusta, GA.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Two brick duplexes on the same lot—income producing property; Roof is less than 2 years old; Interiors updated in 2023 in both properties
    More about this property
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