Duplex With Long-Term
For Sale
$199,000
Pending
1804 17th Ave, Columbus, GA 31901
Two-unit residential property with tenants established for extended occupancy.
Property Size1,976 SF
Days on Market71
Property Features for 1804 17th Ave
General Information
Standard status
Pending
Size
1,976 SF
Property subtype
Residential Income
Building Details
Tenancy
Multi
Listing Agency:
Coldwell Banker / Kennon, Parker, Duncan & Davis
(706) 256-1000
Listed By:
Jim Blalock · License #282603
(706) 566-8220
Source:
Exprealty
Added: Aug 6
Changed: Oct 10
Last Checked: Oct 15 at 3:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker / Kennon, Parker, Duncan & Davis
Investment Insights
Based on property information with market context.
This 1,976-square-foot duplex is configured as a residential income property with long-term tenants in place. The asset offers an existing occupancy profile within a two-unit format.
Located at 1804 17th Ave in Columbus, Georgia, the property is positioned in the Midtown area of the city.
Located at 1804 17th Ave in Columbus, Georgia, the property is positioned in the Midtown area of the city.
Key Highlights
- 1,976 SF duplex in Columbus, GA
- Long‑term tenants in place
- Located at 1804 17th Ave
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,910
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,200
$358.2K
Cap Rate 7%
$255,857
$255.9K
Cap Rate 9%
$199,000
$199.0K
Market Conditions
NOI Build-Up for 1,976 SF
Gross rent
$27.3K $13.80/SF
− Vacancy
−$1.7K −$0.85/SF
EGI
$25.6K $12.95/SF
− OpEx
−$7.7K −$3.88/SF
NOI
$17.9K $9.06/SF
Area
Columbus, GA
Vacancy
6.17%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,200
Cap Rate 7%
$255,857
Cap Rate 9%
$199,000
Alternative Uses
Best Use
Multifamily LT 5
$255.9K
$223.9K – $298.5K
NOI $17,910 @ 7.0% cap · market cap 9.00%
Second Best
Apartment 5plus
$226.5K
$198.2K – $264.2K
NOI $15,852 @ 7.0% cap · market cap 7.97%
Theoretical Best
Office A
$442.1K
$386.9K – $515.8K
NOI $30,949 @ 7.0% cap · market cap 15.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,263
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with tenants established for extended occupancy.
Where is this duplex located?
The property is located at 1804 17th Ave Columbus, GA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 1,976 SF duplex in Columbus, GA; Long‑term tenants in place; Located at 1804 17th Ave
