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Brick Duplex with Updated Unit

2000 Hollis Street Athens, GA 30605

2000 Hollis Street, Athens, GA, 30605
$250,000
Pending
For Sale
$250,000
Pending

MULTI_FAMILY - Ranch - Athens, GA

Property Size1,264 SF
Lot Size0.40 Acres
Days on Market49

Property Features for 2000 Hollis Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2
Parking features
Off Street, On Street
Appliances
Some Electric Appliances, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator
Standard status
Pending
APN
172D4 A010A
Size
1,264 SF
Lot size
0.40 Acres

Taxes and HOA fees

Tax Description
SUBD BLK: A,LOT: 2;

Utilities

Sewer type
Septic Tank
Heating system
Electric (Heating), Wall Furnace
Cooling system
Electric, Wall Unit(s)
Water source
Public

Building Details

Year built
1970
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Brick
Roof type
Asphalt
Architectural style
Ranch
Listing agency RAC Properties of Athens, Inc.
Listed by Ellen West · License #407755
Added: Jun 4 Updated: Jul 18 at 7:22AM Checked: Jul 22 at 11:06AM
MLS# CL357565

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 brick duplex provides a two-sided setup that works for either owner-occupancy or residential income. The vacant unit has been updated and is move-in or rent ready, with new LVP flooring, granite countertops, a carport with storage, and new stainless-steel appliances that include a refrigerator. The second side is tenant occupied, supporting an income-producing structure for an operator who wants to live in one unit while the other remains rented.

The property is located at 2000 Hollis Street in Athens, Georgia. Public remarks describe the convenience of being minutes from UGA and Downtown, with access to shopping and dining and quick connectivity to the Loop.

For tenants and buyers seeking a straightforward residential income asset, the duplex’s configuration offers practical flexibility. An owner occupant can choose to live in the updated, ready-to-use unit while maintaining rental continuity on the other side, or an investor can evaluate it as a turn-key opportunity with one side already positioned for immediate occupancy. With upgrades in place and a clearly split two-unit layout, it can be easier to plan for day-to-day leasing and occupancy management.

Key Highlights

  • Brick duplex built in 1970 with a ranch architectural style
  • Vacant unit is updated and move‑in or rent‑ready (new LVP flooring, granite countertops, new stainless‑steel appliances)
  • Kitchen appliances include dishwasher, oven/range, refrigerator, and electric water heater

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 $23.2k $18.36
− Vacancy −$1.3k −$1.01
EGI $21.9k $17.35
− OpEx −$6.6k −$5.20
NOI $15.3k $12.14
1,264 SF · lease $18.36/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$219.3K
$191.9K – $255.8K (±1% cap)
NOI $15,350 @ 7.0% cap · market cap 6.14%
Second Best
Apartment 5plus
$202.1K
$176.8K – $235.8K (±1% cap)
NOI $14,145 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$304.7K
$266.6K – $355.5K (±1% cap)
NOI $21,330 @ 7.0% cap · market cap 8.53%
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 Real Estate Agency Restaurant Nail Salon Pharmacy HVAC Service Spa & Massage Center Electrical Service Hair Salon Kitchen & Bath Showroom

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

FAQs

What type of property is this?
Duplex - Two-unit brick duplex offers owner-occupant flexibility with a renovated, move-in/rent-ready side.
Where is this duplex located?
The property is located at 2000 Hollis Street Athens, GA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Brick duplex built in 1970 with a ranch architectural style; Vacant unit is updated and move‑in or rent‑ready (new LVP flooring, granite countertops, new stainless‑steel appliances); Kitchen appliances include dishwasher, oven/range, refrigerator, and electric water heater
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