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Duplex Townhome with Lake View
For Sale
$230,000
Pending

17 Caribou Way, Brunswick, GA 31525

MULTI_FAMILY - Brunswick, GA

Property Size1,348 SF
Lot Size0.01 Acres
Days on Market48

Property Features for 17 Caribou Way

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
Parking features Driveway
Window features Window Treatments, Double Pane Windows
Patio and Porch features Porch, Patio
Interior features Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Pantry, Walk-In Closet(s), Separate Shower, Primary on First Floor, Primary Suite
Exterior features Private Entrance
Appliances Dryer, Disposal, Dishwasher, Electric Range, Microwave, Range, Refrigerator, Washer
Subdivision Cottage Grove
Lot features Back Yard, Gentle Sloping
Elementary school Sterling Elementary
Middle school Jane Macon
High school Brunswick High School
Directions Hwy 99 to Chanslor Rd. Proceed on Chanslor until you get to Caribou Way and turn right.
Standard status Pending
APN 0322265
Size 1,348 SF
Lot size 0.01 Acres

Taxes and HOA fees

Tax Description 19A COTTAGE GROVE PHS1
HOA Fee $278 Quarterly
Legal Description 19A COTTAGE GROVE PHS1

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Heat Pump (Heating), Central
Cooling system Ceiling Fan(s), Electric, Central Air, Heat Pump
Water source Public
Water front 1

Building Details

Year built 2008
Floors in Building 1
Flooring type Tile
Building materials Tabby
Roof type Asphalt
Listing Agency: Avalon Properties Group, LLC
Listed By: Tom McBride · License #262485
Added: Jun 19 Changed: Aug 2 Last Checked: Aug 5 at 6:06PM
MLS# 2000778

Copyright © 2026 Golden Isles 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 duplex townhome is a one-level, low-maintenance home designed for easy living. Interior features include bamboo and tile flooring, vaulted ceilings in the great room, a custom kitchen with cabinetry, and designer paint. The layout includes a primary suite on the first floor plus an additional bedroom and full bath, with details such as a pantry, double vanity, walk-in closet(s), and a separate shower. Comfort amenities include ceiling fans and a heat pump with central air. The exterior features a private entrance, along with a porch and patio for outdoor use.

The home overlooks a peaceful, serene lake, with a large screened living area and an extended open patio that’s well suited for grilling. Rain gutters are included, and the community provides sidewalks and streetlights. The HOA maintains the lawn and provides irrigation water, and the property is described as not being in a flood zone.

Built in 2008, the residence uses tabby construction with an asphalt roof. Utilities include public water and public sewer, with cable available. Appliances include a dryer, dishwasher, electric range, microwave, refrigerator, and washer.

Key Highlights

  • Overlooks a serene lake with a large screened living area plus an extended open patio
  • Primary suite on the first floor and a second guest bedroom with a full‑size bath
  • Bamboo and tile flooring, vaulted ceiling in the great room, and custom kitchen cabinetry

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 $17.0k $12.60
− Vacancy −$1.1k −$0.82
EGI $15.9k $11.78
− OpEx −$4.8k −$3.53
NOI $11.1k $8.25
1,348 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$158.8K
$139.0K – $185.3K (±1% cap)
NOI $11,117 @ 7.0% cap · market cap 4.83%
Second Best
Apartment 5plus
$147.3K
$128.9K – $171.8K (±1% cap)
NOI $10,308 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$279.8K
$244.8K – $326.4K (±1% cap)
NOI $19,583 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Catering Service Auto Repair Shop Discount Store Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

Demographics for 31525, GA

28,766
Population
12,373
Households
2.3
Avg Household Size
40
Median Age
22%
College-Educated
89%
High-School Grad
98.3 sq mi
ZIP Area
293
Density / Sq Mi
$65,896
Median Household Income
$37,145
Median Earnings
$1,137
Median Rent
$198,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - One-level, low-maintenance duplex townhome with screened outdoor living overlooking a serene lake.
Where is this duplex located?
The property is located at 17 Caribou Way Brunswick, GA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Overlooks a serene lake with a large screened living area plus an extended open patio; Primary suite on the first floor and a second guest bedroom with a full‑size bath; Bamboo and tile flooring, vaulted ceiling in the great room, and custom kitchen cabinetry
More about this property
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