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Fully Leased Duplex with Separate Rear Apartment
For Sale
Under Contract
$210,000

1926 Howard Avenue, Augusta, GA 30904

MULTI_FAMILY - Augusta, GA

Property Size1,713 SF
Lot Size0.14 Acres
Price / SF$122.59
Days on Market72

Property Features for 1926 Howard Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 2
Parking features Carport
Appliances Vented Exhaust Fan, Electric Oven, Refrigerator, Dishwasher
Subdivision Not In Subdivision
Elementary school Monte Sano
Middle school Tutt
High school Richmond Academy
Directions Walton Way to downtown. Turn right on Merry St. Right on Howard Ave. House will be on your left. GPS friendly
Standard status Active Under Contract
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
Legal Description Plat Book/Page 7E/384

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 Lvt/lvp, Wood, Tile
Building materials Brick Veneer, Stucco, Wood Frame
Roof type Metal, Shingle
Listing Agency: Keller Williams Realty Augusta Partners
Listed By: Jaime Powell · License #421780
Added: May 26 Changed: Aug 5 Last Checked: Aug 5 at 6:06PM
MLS# 100576673

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 at 1926 Howard Avenue features a 3-bedroom, 2-bath main house and a separate apartment in the back with 1 bedroom, 1 full bathroom, and a kitchenette. The property was built in 1926 and sits on a 0.14-acre lot. Interior finishes include LVT/LVP, tile, and wood flooring.

Heating is forced air with natural gas, and cooling is provided by central air. Construction materials include brick veneer, stucco, and wood frame elements, with a metal and shingle roof. Parking is available via a carport. Public water and public sewer service are in place, and cable is available.

The rear unit includes completely updated electrical with a new panel, and the property has a brand new roof. Zoning is listed as R. The home is currently fully leased, and showings are available during the due diligence period with an accepted offer; please do not disturb tenants.

Key Highlights

  • Fully leased duplex with main 3 bed/2 bath and separate rear 1 bed/1 bath kitchenette unit
  • Rear unit has completely updated electrical with a new panel
  • Brand new roof

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 authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Law Firm HVAC Service Grocery & Convenience Store Computer & Electronic Repair (Bike/Boat/Book/etc) 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.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,429
Businesses Nearby

Demographics for 30904, GA

24,145
Population
12,558
Households
1.9
Avg Household Size
38
Median Age
31%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
2,195
Density / Sq Mi
$45,636
Median Household Income
$29,101
Median Earnings
$953
Median Rent
$185,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Fully leased duplex with main 3 bed/2 bath and separate 1 bed rear unit, central air, carport.
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 with main 3 bed/2 bath and separate rear 1 bed/1 bath kitchenette unit; Rear unit has completely updated electrical with a new panel; Brand new roof
More about this property
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