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2-Unit Duplex with Tenants
For Sale
$144,900
Pending

204 Tolbert Street NE, Rome, GA 30161

Residential Income, Rome, GA

Property SizeContact for details
Lot Size0.16 Acres
Days on Market52

Property Features for 204 Tolbert Street NE

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 2
Elementary school Main
Middle school Rome
High school Rome
Directions GPS Friendly
Standard status Pending
APN J13W 186
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 726

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1941
Floors in Building 1
Number of units 2
Building materials Wood Siding
Listing Agency: Keller Williams Northwest · Keller Williams Realty
Listed By: Ryan Roberson Bennett
Added: Aug 25 Changed: Sep 17 Last Checked: Oct 15 at 3:06AM
MLS# 10833733

Copyright © 2026 Georgia Multiple Listing Service. 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 2-unit duplex at 204 Tolbert Street NE contains two separate residences, each arranged with one bedroom, one bathroom, a kitchen, living area, and laundry space. Both units are currently tenant occupied, and water and trash are included in the rent. The property sits on 0.16 acres and was built in 1941, with wood siding, natural gas heat, window-unit cooling, public water, and public sewer.

The property is located in Rome, Georgia, with access to shopping, dining, and everyday services near Hwy 53. Rezoning is currently underway, and closing is subject to completion of that process. The asset offers an established two-unit configuration with existing occupancy and separately arranged living spaces.

Key Highlights

  • Two separate units, each with 1 bedroom and 1 bathroom
  • Both units are currently tenant occupied
  • Each residence includes a kitchen, living area, and laundry space

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Restaurant Law Firm HVAC Service Spa & Massage Center Electrical Service

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
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

207
Businesses Nearby

Demographics for 30161, GA

35,382
Population
14,924
Households
2.4
Avg Household Size
41
Median Age
27%
College-Educated
85%
High-School Grad
143.3 sq mi
ZIP Area
247
Density / Sq Mi
$60,176
Median Household Income
$34,545
Median Earnings
$1,006
Median Rent
$185,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Each residence includes a kitchen, living area, laundry space, bedroom, and bathroom.
Where is this duplex located?
The property is located at 204 Tolbert Street NE Rome, GA.
What is the asking price?
The asking price for this property is $144,900.
What are key features of this property?
This property features: Two separate units, each with 1 bedroom and 1 bathroom; Both units are currently tenant occupied; Each residence includes a kitchen, living area, and laundry space
More about this property
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