Brick Duplex With Updated
New
For Sale
$165,000
1524 18th Street, Columbus, GA 31901
MULTI_FAMILY - Columbus, GA
Property Size1,408 SF
Lot Size0.16 Acres
Price / SF$117.19
Days on Market3
Property Features for 1524 18th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 3
Parking features
On Street, Driveway
Appliances
Range, Refrigerator
Subdivision
East Highland
Lot features
Less than 1/2 Acre
Directions
From 17th Ave Follow The Curve To The Right Onto 18th St, Property Will Be On Your Left.
Standard status
Active
APN
028 046 005
Size
1,408 SF
Lot size
0.16 Acres
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1947
Number of units
2
Building materials
Brick
Listing Agency:
Normand Real Estate, LLC
(706) 395-5424
Listed By:
Dana Carfrey
(706) 662-9128
Added: Aug 3
Changed: Aug 4
Last Checked: Aug 5 at 8:06PM
MLS# 233366
Copyright © 2026 Columbus Board of Realtors (GA). 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 1,408-square-foot brick duplex sits on a 0.155-acre lot and contains two separate residences. One side offers two bedrooms and one bathroom, while the other has one bedroom and one bathroom. Both units are occupied by established tenants, with tenancies of 20 years and 18 years. Recent property improvements include new HVAC systems and a new roof. Each residence is equipped with a range and refrigerator.
The property is located in Midtown Columbus, a short distance from Lakebottom Park. Public water and public sewer serve the site. Heating is provided by natural gas and forced air, with central air conditioning. Parking includes a driveway and on-street spaces. Built in 1947, the duplex is offered as an individual property and may also be acquired with nearby listed rental properties.
The property is located in Midtown Columbus, a short distance from Lakebottom Park. Public water and public sewer serve the site. Heating is provided by natural gas and forced air, with central air conditioning. Parking includes a driveway and on-street spaces. Built in 1947, the duplex is offered as an individual property and may also be acquired with nearby listed rental properties.
Key Highlights
- 1,408 SF brick duplex on a 0.155‑acre lot
- Two‑bedroom, one‑bath unit paired with a one‑bedroom, one‑bath unit
- Both residences are occupied; tenant histories span 20 years and 18 years
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 | $19.4k | $13.80 |
| − Vacancy | −$1.2k | −$0.85 |
| EGI | $18.2k | $12.95 |
| − OpEx | −$5.5k | −$3.88 |
| NOI | $12.8k | $9.06 |
1,408 SF · lease $13.80/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$182.3K
$159.5K – $212.7K
NOI $12,762 @ 7.0% cap · market cap 7.73%
Second Best
Apartment 5plus
$161.4K
$141.2K – $188.3K
NOI $11,295 @ 7.0% cap · market cap 6.85%
Theoretical Best
Office A
$315.0K
$275.7K – $367.6K
NOI $22,053 @ 7.0% cap · market cap 13.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,203
Businesses Nearby
Explore this area
Business Placement
Demographics for 31901, GA
7,126
Population
3,971
Households
1.8
Avg Household Size
36
Median Age
35%
College-Educated
82%
High-School Grad
4.4 sq mi
ZIP Area
1,620
Density / Sq Mi
$47,316
Median Household Income
$35,062
Median Earnings
$893
Median Rent
$208,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Occupied two-unit property with distinct one-bedroom and two-bedroom layouts, public utilities, and driveway parking.
Where is this duplex located?
The property is located at 1524 18th Street Columbus, GA.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 1,408 SF brick duplex on a 0.155‑acre lot; Two‑bedroom, one‑bath unit paired with a one‑bedroom, one‑bath unit; Both residences are occupied; tenant histories span 20 years and 18 years
