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Duplex Property Requiring Renovation
For Sale
$174,999

2144 Central Avenue, Augusta, GA 30904

Residential Income, Augusta, GA

Property Size1,526 SF
Lot Size0.17 Acres
Price / SF$114.68
Days on Market94

Property Features for 2144 Central Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning B1
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2
Parking features Off Street, Paved or Surfaced
Patio and Porch features Porch
Interior features High Ceilings, 2nd Kitchen
Fireplace 1
Subdivision Summerville
Elementary school Monte Sano
High school Richmond Academy
Directions Property requires extensive renovation and is offered in its present condition. Previously used as a duplex; no representation is made regarding current habitability, rent readiness or future income. Buyer to verify zoning, permitted uses, unit configuration, square footage, utilities and systems. Use caution during showings.
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
Legal Description Parcel Number 044-2-266-00-00 See Deed Book 1956, Page 898 Richmond County, Georgia

Utilities

Heating system Natural Gas, Space Heater
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 Shingle, Composition
Listing Agency: Keller Williams Realty Augusta Partners
Listed By: William Wilson · License #349211
Added: Jul 17 Changed: Oct 11 Last Checked: Oct 18 at 8:06PM
MLS# 100589863

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.

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Investment Insights

Based on property information with market context.

Built in 1921, this 1,526-square-foot wood-frame property has wood siding, two bathrooms, three bedrooms, high ceilings, and a second kitchen. Additional features include a porch, composition shingle roof, fireplace, paved off-street parking, space heating, natural-gas service, and wall or window cooling units. The structure was previously used as a duplex and requires extensive renovation.

The 0.17-acre property fronts Central Avenue in Augusta, positioned between Augusta University's Summerville Campus and downtown medical, health sciences, and cyber districts. Its location also provides access to surrounding medical facilities and both major university campuses. Potential residential-income restoration, single-family conversion, owner occupancy with rental offset, or live/work and professional use would require zoning, permitting, and governmental approvals. The property is zoned B1.

Key Highlights

  • 1,526‑square‑foot wood‑frame property built in 1921
  • Previously used as a duplex; extensive renovation required
  • 0.17‑acre parcel on Central Avenue in Augusta

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,966
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,320 $299.3K
Cap Rate 7%
$213,800 $213.8K
Cap Rate 9%
$166,289 $166.3K
Market Conditions
NOI Build-Up for 1,526 SF
Gross rent
$23.3K $15.24/SF
− Vacancy
−$1.9K −$1.23/SF
EGI
$21.4K $14.01/SF
− OpEx
−$6.4K −$4.20/SF
NOI
$15.0K $9.81/SF
Area
Augusta, GA
Vacancy
8.07%
Lease Rate
$15.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,320
Cap Rate 7%
$213,800
Cap Rate 9%
$166,289

Alternative Uses

Best Use
Multifamily LT 5
$213.8K
$187.1K – $249.4K (±1% cap)
NOI $14,966 @ 7.0% cap · market cap 8.55%
Second Best
Apartment 5plus
$197.5K
$172.8K – $230.4K (±1% cap)
NOI $13,823 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$481.7K
$421.5K – $562.0K (±1% cap)
NOI $33,717 @ 7.0% cap · market cap 19.27%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Electrical Service HVAC Service Parking Lot & Garage Law Firm Big Box & Wholesale 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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

934
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-bath layout with a second kitchen, porch, and off-street parking.
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: 1,526‑square‑foot wood‑frame property built in 1921; Previously used as a duplex; extensive renovation required; 0.17‑acre parcel on Central Avenue in Augusta
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