Three-Unit Multifamily Income
1526 Stovall Street Augusta, GA 30904
For Sale
Under Contract
$333,000
MULTI_FAMILY - Augusta, GA
Property Size2,805 SF
Lot Size0.17 Acres
Price / SF$118.72
Days on Market62
Property Features for 1526 Stovall Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
4
Rooms
Bedroom 2, Bathroom 4, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 2, Bathroom 3, Dining Room, Laundry Room, Bedroom 3, Laundry Room, Bedroom 5
Patio and Porch features
Porch
Interior features
Bedroom on 1st Floor, Primary Downstairs, Eat-in Kitchen
Fireplace
1
Appliances
Range, Washer, Refrigerator, Dishwasher, Dryer, Electric Water Heater
Standard status
Active Under Contract
APN
044-3-227-00-0
Size
2,805 SF
Lot size
0.17 Acres
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
1929
Floors in Building
2
Flooring type
Carpet, Wood, Tile
Building materials
Stucco, Wood Siding
Roof type
Shingle
Listing Agency:
Fathom Realty SC LLC
(803) 429-6937
Listed By:
Tracy Gonzalez · License #278379
(888) 455-6040
Added: May 28
Changed: Jul 27
Last Checked: Jul 28 at 7:06AM
MLS# 223917
Copyright © 2026 Aiken Association of REALTORS®. 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 three-unit multifamily property is configured as a front house plus a duplex positioned at the rear. The front home offers 3 bedrooms and 2 bathrooms with spacious living and dining rooms, a large kitchen, a side porch, and two off-street parking spaces; the home is currently vacant. The rear portion is a stacked duplex with two units, each featuring 1 bedroom and 1 full bathroom, in-unit laundry, and dedicated off-street parking.
Utilities are separately metered for gas and electric, while water is shared on one meter. The property is located on a quiet, tree-lined street, with Summerville adjacent and just blocks from Augusta University, and is described as being near I-520, Augusta Tech, the Medical District, and Fort Gordon. Please note: the rear duplex is described as having excellent tenants in place generating $1,645 per month total.
Utilities are separately metered for gas and electric, while water is shared on one meter. The property is located on a quiet, tree-lined street, with Summerville adjacent and just blocks from Augusta University, and is described as being near I-520, Augusta Tech, the Medical District, and Fort Gordon. Please note: the rear duplex is described as having excellent tenants in place generating $1,645 per month total.
Key Highlights
- Rear stacked duplex currently leased for $1,645/month total; both units have 1 bedroom and 1 full bathroom
- Each duplex unit includes in‑unit laundry and dedicated off‑street parking
- Main front home has 3 bedrooms and 2 bathrooms, plus separate living and dining rooms
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 | $42.7k | $15.24 |
| − Vacancy | −$3.4k | −$1.23 |
| EGI | $39.3k | $14.01 |
| − OpEx | −$11.8k | −$4.20 |
| NOI | $27.5k | $9.81 |
2,805 SF · lease $15.24/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$393.0K
$343.9K – $458.5K
NOI $27,509 @ 7.0% cap · market cap 8.26%
Second Best
Apartment 5plus
$363.0K
$317.6K – $423.5K
NOI $25,409 @ 7.0% cap · market cap 7.63%
Theoretical Best
Office A
$885.4K
$774.7K – $1.03M
NOI $61,976 @ 7.0% cap · market cap 18.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Front 3-bedroom/2-bath home and rear stacked duplex combine separately metered utilities and off-street parking.
Where is this triplex located?
The property is located at 1526 Stovall Street Augusta, GA.
What is the asking price?
The asking price for this property is $333,000.
What are key features of this property?
This property features: Rear stacked duplex currently leased for $1,645/month total; both units have 1 bedroom and 1 full bathroom; Each duplex unit includes in‑unit laundry and dedicated off‑street parking; Main front home has 3 bedrooms and 2 bathrooms, plus separate living and dining rooms