Duplex with One Vacant
For Sale
$215,000
2212 Central Ave 2210, Augusta, GA 30904
Built in 1960, the property includes one occupied side and one available side.
Property Size1,144 SF
Price / SF$187.94
Days on Market212
Property Features for 2212 Central Ave 2210
General Information
Standard status
Active
Size
1,144 SF
Property subtype
Multi-Family
Building Details
Year Built
1960
Listing Agency:
Blanchard & Calhoun - Evans
Listed By:
Trulock Group · License #302679
(706) 868-1000
Source:
Searchgreateraugustahomes
Added: Mar 17
Changed: Oct 1
Last Checked: Oct 12 at 8:37PM
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 Blanchard & Calhoun - Evans
Investment Insights
Based on property information with market context.
This duplex was built in 1960 and contains 1,144 of property size. The two-unit configuration currently includes one occupied side and one vacant side, providing a combination of existing occupancy and immediate availability. The property is located at 2212 Central Ave 2210 in Augusta, Georgia.
Key Highlights
- Duplex configuration with one vacant side and one occupied side
- Built in 1960
- 1,144 property size
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
NOI $11,219 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$148.0K
$129.5K – $172.7K
NOI $10,363 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$361.1K
$316.0K – $421.3K
NOI $25,276 @ 7.0% cap · market cap 11.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,158
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Built in 1960, the property includes one occupied side and one available side.
Where is this duplex located?
The property is located at 2212 Central Ave 2210 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: Duplex configuration with one vacant side and one occupied side; Built in 1960; 1,144 property size
