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Fully Leased Duplex Investment

1926 Howard Avenue Augusta, GA 30904

1926 Howard Avenue, Augusta, GA, 30904
$210,000
For Sale
Claim this Listing
$210,000

MULTI_FAMILY - Augusta, GA

Property Size1,713 SF
Lot Size0.14 Acres
Price / SF$122.59
AddedMay 26
Days on Market51
Last RefreshJul 15 at 7:06 pm

Property Features for 1926 Howard Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 1
Parking features
Carport
Appliances
Vented Exhaust Fan, Electric Oven, Refrigerator, Dishwasher
Standard status
Active
APN
0451138000
Size
1,713 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
Plat Book/Page 7E/384
Tax Annual Amount
1353

Utilities

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

Building Details

Year built
1926
Floors in Building
1
Number of units
2
Flooring type
Wood, Lvt/lvp, Tile
Building materials
Brick Veneer, Stucco, Wood Frame
Roof type
Metal, Shingle

Listing agent Jaime Powell License #421780

Listing office Keller Williams Realty Augusta Partners GA

Listing date May 26, 2026

MLS# 100576673 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 offers two separate living units. The main house features three bedrooms and two bathrooms. A separate apartment in the back includes one bedroom, one full bathroom, and a kitchenette.

The property is located at 1926 Howard Avenue in Augusta, Georgia, within Richmond County. The listing notes that the rear unit has completely updated electrical, including a new panel, and a brand new roof.

With a total property size of 1,713 square feet on a 0.14-acre lot, the configuration supports both long-term and midterm rental flexibility for the rear unit, subject to market and tenant needs. The property can be shown during the due diligence period with an accepted offer; please do not disturb tenants.

Key Highlights

  • Fully leased duplex at 1926 Howard Avenue with immediate rental income
  • Main house: 3 bedrooms, 2 bathrooms; separate rear apartment with 1 bedroom, 1 full bathroom, and kitchenette
  • Rear unit electrical has been updated with a new panel, and a brand new roof has been added

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 $26.1k $15.24
− Vacancy −$2.1k −$1.23
EGI $24.0k $14.01
− OpEx −$7.2k −$4.20
NOI $16.8k $9.81
1,713 SF · lease $15.24/SF/yr · vacancy 8.07% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$240.0K
$210.0K – $280.0K (±1% cap)
NOI $16,800 @ 7.0% cap · market cap 8.00%
Second Best
Apartment 5plus
$221.7K
$194.0K – $258.6K (±1% cap)
NOI $15,517 @ 7.0% cap · market cap 7.39%
Theoretical Best
Office A
$540.7K
$473.1K – $630.8K (±1% cap)
NOI $37,848 @ 7.0% cap · market cap 18.02%
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

Electrical Service Law Firm HVAC Service Grocery & Convenience Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tech Support Center Furniture & Home Goods

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

FAQs

What type of property is this?
Duplex - Fully leased duplex with a 3 bed, 2 bath front home and a separate 1 bed rear apartment.
Where is this duplex located?
The property is located at 1926 Howard Avenue Augusta, GA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Fully leased duplex at 1926 Howard Avenue with immediate rental income; Main house: 3 bedrooms, 2 bathrooms; separate rear apartment with 1 bedroom, 1 full bathroom, and kitchenette; Rear unit electrical has been updated with a new panel, and a brand new roof has been added
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