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Duplex with One Vacant Unit
New
For Sale
$215,000

2210 -2212 Central Avenue, Augusta, GA 30904

The two-unit property pairs an available side with an occupied unit.

Property Size1,144 SF
Days on Market5

Property Features for 2210 -2212 Central Avenue

General Information

Standard status Active
Size 1,144 SF
Property subtype Multi-Family
Zoning R-3

Building Details

Building Size 1,144 SF
Year Built 1960
Stories 1
Tenancy Multi
Listing Agency: HomeSmart Connections
Listed By: Anna Haluch
Source: Hamiltonrealtygroupnc
Added: Oct 2 Changed: Oct 4 Last Checked: Oct 5 at 4:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart Connections

Investment Insights

Based on property information with market context.

This duplex contains two separate units, with one currently unoccupied and the other occupied. Built in 1960, the property is zoned R-3.

Located on Central Avenue in Augusta, the building is at 2210–2212 Central Avenue.

Key Highlights

  • One unit is vacant; the other is occupied
  • Built in 1960
  • R‑3 zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,219
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,380 $224.4K
Cap Rate 7%
$160,271 $160.3K
Cap Rate 9%
$124,656 $124.7K
Market Conditions
NOI Build-Up for 1,144 SF
Gross rent
$17.4K $15.24/SF
− Vacancy
−$1.4K −$1.23/SF
EGI
$16.0K $14.01/SF
− OpEx
−$4.8K −$4.20/SF
NOI
$11.2K $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%
$224,380
Cap Rate 7%
$160,271
Cap Rate 9%
$124,656

Alternative Uses

Best Use
Multifamily LT 5
$160.3K
$140.2K – $187.0K (±1% cap)
NOI $11,219 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$148.0K
$129.5K – $172.7K (±1% cap)
NOI $10,363 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$361.1K
$316.0K – $421.3K (±1% cap)
NOI $25,276 @ 7.0% cap · market cap 11.76%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Auto Repair Shop Electrical Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Parking Lot & Garage

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,158
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - The two-unit property pairs an available side with an occupied unit.
Where is this duplex located?
The property is located at 2210 -2212 Central Avenue Augusta, GA.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: One unit is vacant; the other is occupied; Built in 1960; R‑3 zoning
More about this property
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