Income Duplex with Renovation
2144 Central Avenue Augusta, GA 30904
New
2144 Central Avenue, Augusta, GA, 30904
$174,999
For Sale
$174,999
MULTI_FAMILY - Augusta, GA
Property Size1,526 SF
Lot Size0.17 Acres
Price / SF$114.68
Days on Market2
Property Features for 2144 Central Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- B1
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3, Bathroom 2
- Parking features
- Off Street, Paved or Surfaced
- Patio and Porch features
- Porch
- Interior features
- High Ceilings, 2nd Kitchen
- Standard status
- Active
- APN
- 0442266000
- Size
- 1,526 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Parcel Number 044-2-266-00-00 See Deed Book 1956, Page 898 Richmond County, Georgia
- Tax Annual Amount
- 1679
Utilities
- Heating system
- Space Heater, Natural Gas
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1921
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Wood Siding, Wood Frame
- Roof type
- Composition, Shingle
Listing Agency
Keller Williams Realty Augusta Partners
GA
Listed by
William Wilson · License #349211
(706) 631-3320
Added: Jul 17 Checked: Jul 18 at 11:06 am
MLS# 100589863
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.
2144 Central Avenue is a duplex-style residential income property positioned for multifamily or single-family conversion, subject to zoning and governmental approvals. The home has substantial deferred maintenance and is being offered as a renovation opportunity for an investor, renovator, or owner-occupant.
The property is located in Augusta, Georgia, in Richmond County, and is zoned B1. It is described as being conveniently positioned between Augusta University’s Summerville Campus and the downtown Health Sciences and Georgia Cyber Center districts.
As presented, the asset was previously operated as an income-producing duplex and may be evaluated for restored multifamily use or reconfiguration to another allowable use based on applicable approvals.
The property is located in Augusta, Georgia, in Richmond County, and is zoned B1. It is described as being conveniently positioned between Augusta University’s Summerville Campus and the downtown Health Sciences and Georgia Cyber Center districts.
As presented, the asset was previously operated as an income-producing duplex and may be evaluated for restored multifamily use or reconfiguration to another allowable use based on applicable approvals.
Key Highlights
- Previously operated as an income‑producing duplex; could be restored for multifamily use or reconfigured as a single‑family residence (subject to zoning and approvals).
- 3‑bedroom, 2‑bath layout with high ceilings and a second kitchen.
- Wood frame construction with wood siding exterior.
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 | $23.3k | $15.24 |
| − Vacancy | −$1.9k | −$1.23 |
| EGI | $21.4k | $14.01 |
| − OpEx | −$6.4k | −$4.20 |
| NOI | $15.0k | $9.81 |
1,526 SF · lease $15.24/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$213.8K
$187.1K – $249.4K
NOI $14,966 @ 7.0% cap · market cap 8.55%
Second Best
Apartment 5plus
$197.5K
$172.8K – $230.4K
NOI $13,823 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$481.7K
$421.5K – $562.0K
NOI $33,717 @ 7.0% cap · market cap 19.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Previously operated as an income-producing duplex and currently has substantial deferred maintenance requiring comprehensive renovation.
Where is this duplex located?
The property is located at 2144 Central Avenue Augusta, GA.
What is the asking price?
The asking price for this property is $174,999.
What are key features of this property?
This property features: Previously operated as an income‑producing duplex; could be restored for multifamily use or reconfigured as a single‑family residence (subject to zoning and approvals).; 3‑bedroom, 2‑bath layout with high ceilings and a second kitchen.; Wood frame construction with wood siding exterior.
