Leased Duplex with Covered Parking

1722 Verdery Street Augusta, GA 30904

Claim this Listing
For Sale
$200,000

MULTI_FAMILY - Augusta, GA

Property size:
1,272 SF
Lot size:
0.14 Acres
Price / SF:
$157/SF
Added:
May 24, 2026
Days on Market:
51
Last Refresh:
Jul 13 at 10:06 am

Property Features for 1722 Verdery Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3
Parking features
Covered
Patio and Porch features
Porch
Interior features
2nd Kitchen
Fencing
Chain Link
Appliances
Gas Oven, Refrigerator
Standard status
Active
APN
0453286000
Size
1,272 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
Plat Book and Page - 4B - 221

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public

Building Details

Year built
1931
Floors in Building
1
Number of units
2
Flooring type
Tile - Ceramic, Laminate
Building materials
Stucco, Wood Frame
Roof type
Metal

Listing agent Jaime Powell License #421780

Listing office Keller Williams Realty Augusta Partners GA

Listing date May 24, 2026

MLS# 100576506 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.


Investment Insights

Based on property information with market context.

This fully leased duplex is set up as two self-contained units with independent living spaces and parking. The front unit features 2 bedrooms and 1 bathroom, including a spacious living area and a large kitchen with a gas stove. The unit also includes washer and dryer hookups and retains two original decorative fireplaces. The rear unit offers 1 bedroom and 1 bathroom with a private entrance and convenient access to parking.

The property is located at 1722 Verdery Street in Augusta, Georgia, in Richmond County, zoned R3. It sits on a quiet street near Wrightsboro Road and is positioned just minutes from Augusta University, the medical district, downtown Augusta, and historic Summerville.

For investors or owner-operators seeking a turnkey residential income property, the duplex’s current leased status provides an immediate rental structure across both units. The configuration can support tenant privacy with a private rear entrance, while the covered rear carport provides parking for both units. Access to amenities and employment drivers described in the remarks may also align with tenants connected to the university, healthcare, and local workforce.

Key Highlights

  • Fully leased duplex with established income‑producing units
  • Front unit: 2 bedrooms, 1 bathroom with large kitchen and gas oven; includes washer/dryer hookups and decorative fireplaces
  • Rear unit: 1 bedroom, 1 bathroom with private entrance and convenient access to parking

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 $19.4k $15.24
− Vacancy −$1.6k −$1.23
EGI $17.8k $14.01
− OpEx −$5.3k −$4.20
NOI $12.5k $9.81
1,272 SF · lease $15.24/SF/yr · vacancy 8.07% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$178.2K
$155.9K – $207.9K (±1% cap)
NOI $12,475 @ 7.0% cap · market cap 6.24%
Second Best
Apartment 5plus
$164.6K
$144.0K – $192.0K (±1% cap)
NOI $11,522 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$401.5K
$351.3K – $468.4K (±1% cap)
NOI $28,105 @ 7.0% cap · market cap 14.05%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm HVAC Service Electrical Service Big Box & Wholesale Store Real Estate Agency Auto Repair Shop Auto Parts Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Computer & Electronic Repair

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

FAQs

What type of property is this?
Duplex - Fully leased duplex offering two separate units with dedicated parking via a covered rear carport.
Where is this duplex located?
The property is located at 1722 Verdery Street Augusta, GA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Fully leased duplex with established income‑producing units; Front unit: 2 bedrooms, 1 bathroom with large kitchen and gas oven; includes washer/dryer hookups and decorative fireplaces; Rear unit: 1 bedroom, 1 bathroom with private entrance and convenient access to parking
Contact an agent
More about this property
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