Brick Duplex with Updated
2005 Hollis Street Athens, GA 30605
For Sale
$244,990
MULTI_FAMILY - Ranch - Athens, GA
Property Size1,264 SF
Lot Size0.39 Acres
Price / SF$193.82
Days on Market100
Property Features for 2005 Hollis Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2
Parking features
On Street
Appliances
Some Electric Appliances, Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
Standard status
Active
APN
172D4 B004
Size
1,264 SF
Lot size
0.39 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
SUBD BLK: B,LOT: 1;
Tax Annual Amount
2009
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating)
Cooling system
Electric, Window Unit(s)
Water source
Public
Building Details
Year built
1975
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Brick
Architectural style
Ranch
Listing Agency:
RAC Properties of Athens, Inc.
(706) 355-3178
Listed By:
Ellen West · License #407755
(678) 243-8187
Added: Apr 20
Changed: Jul 18
Last Checked: Jul 28 at 4:06AM
MLS# CL354211
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 solid brick duplex offers two distinct sides, including a tenant-occupied unit and a vacant unit that is ready to move in or rent. The vacant side has been updated with new LVP flooring, granite countertops, a stainless-steel refrigerator, and an all-in-one washer/dryer, supporting a turn-key setup.
The property is located at 2005 Hollis Street in Athens, GA (Clarke County), with convenience to UGA, Downtown, shopping, dining, and quick access to the Loop.
As presented in the listing, current market rents are $1,000 per unit, providing a straightforward basis for evaluating owner-occupant or rental use. The lot size is 0.388 acres, and the property size is listed at 1,264 square feet.
The property is located at 2005 Hollis Street in Athens, GA (Clarke County), with convenience to UGA, Downtown, shopping, dining, and quick access to the Loop.
As presented in the listing, current market rents are $1,000 per unit, providing a straightforward basis for evaluating owner-occupant or rental use. The lot size is 0.388 acres, and the property size is listed at 1,264 square feet.
Key Highlights
- Brick ranch duplex built in 1975 with 2 bedrooms and 2 bathrooms across the property
- Includes in‑unit laundry with washer/dryer and an electric water heater
- Kitchen appliances included: range/oven, refrigerator, and dishwasher not mentioned; appliances listed include dryer, washer, and electric cooking
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
NOI $15,350 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$202.1K
$176.8K – $235.8K
NOI $14,145 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$304.7K
$266.6K – $355.5K
NOI $21,330 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Solid brick duplex with one tenant-occupied unit and a vacant, rent-ready side updated with LVP and granite.
Where is this duplex located?
The property is located at 2005 Hollis Street Athens, GA.
What is the asking price?
The asking price for this property is $244,990.
What are key features of this property?
This property features: Brick ranch duplex built in 1975 with 2 bedrooms and 2 bathrooms across the property; Includes in‑unit laundry with washer/dryer and an electric water heater; Kitchen appliances included: range/oven, refrigerator, and dishwasher not mentioned; appliances listed include dryer, washer, and electric cooking
