Two-Unit Duplex with Detached
New
For Sale
$249,000
260 Broad Street, Augusta, GA 30901
Residential Income, Augusta, GA
Property Size1,896 SF
Lot Size0.13 Acres
Price / SF$131.33
Days on Market3
Property Features for 260 Broad Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
Patio and Porch features
Porch
Interior features
Ceiling Fan(s), Blinds/Shades
Appliances
Electric Oven, Washer, Dryer, Dishwasher
Subdivision
Old Towne
Elementary school
Hornsby
Middle school
Hornsby WS
High school
Lucy Laney
High school district
Richmond County Schools
Directions
From Washington Road, continue onto Calhoun Expressway toward downtown. Calhoun Expressway becomes Greene Street. Stay on Greene Street, then turn left onto 3rd Street. Turn right onto Broad Street. 260 Broad Street is in the block between 3rd and 2nd Streets.
Standard status
Active
APN
0472223000
Size
1,896 SF
Lot size
0.13 Acres
Additional Details
Individually Metered Utilities
electricity
Taxes and HOA fees
Tax Year
2025
Tax Description
0472223000
Tax Annual Amount
2326
Legal Description
0472223000
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air, Multi Units
Water source
Public
Amenities
fenced yard
detached garage
Building Details
Year built
1918
Floors in Building
2
Number of units
2
Flooring type
Lvt/lvp, Wood
Building materials
Stucco
Roof type
Shingle
Buildings
1
Listing Agency:
Meybohm Commercial Properties
(706) 736-0700
Listed By:
Danielle Meikrantz · License #401159
(706) 284-8359
Added: Oct 27
Last Checked: Oct 29 at 4:06PM
MLS# 100612798
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.
This 1918 stucco duplex contains 1,896 square feet arranged as two apartments, each with one bedroom and one bathroom. One unit occupies the ground floor and the other is upstairs. Wood floors remain in both; the lower apartment has been updated. Both HVAC systems were replaced in 2022. The units have individual electric meters and share water service. A fenced yard, detached garage, and porch provide additional property features.
The 0.13-acre property is on Broad Street in downtown Augusta, near dining, shops, and the Augusta Riverwalk. It is zoned R3 and served by public water and sewer.
The 0.13-acre property is on Broad Street in downtown Augusta, near dining, shops, and the Augusta Riverwalk. It is zoned R3 and served by public water and sewer.
Key Highlights
- Two 1‑bedroom, 1‑bathroom units across 1,896 square feet
- Detached garage and fenced yard
- Both HVAC systems replaced in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,594
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,880
$371.9K
Cap Rate 7%
$265,629
$265.6K
Cap Rate 9%
$206,600
$206.6K
Market Conditions
NOI Build-Up for 1,896 SF
Gross rent
$28.9K $15.24/SF
− Vacancy
−$2.3K −$1.23/SF
EGI
$26.6K $14.01/SF
− OpEx
−$8.0K −$4.20/SF
NOI
$18.6K $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%
$371,880
Cap Rate 7%
$265,629
Cap Rate 9%
$206,600
Alternative Uses
Best Use
Multifamily LT 5
$265.6K
$232.4K – $309.9K
NOI $18,594 @ 7.0% cap · market cap 7.47%
Second Best
Apartment 5plus
$245.4K
$214.7K – $286.3K
NOI $17,175 @ 7.0% cap · market cap 6.90%
Theoretical Best
Office A
$598.5K
$523.7K – $698.2K
NOI $41,892 @ 7.0% cap · market cap 16.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,117
Businesses Nearby
Explore this area
Business Placement
Demographics for 30901, GA
15,978
Population
8,848
Households
1.8
Avg Household Size
38
Median Age
13%
College-Educated
76%
High-School Grad
17.6 sq mi
ZIP Area
908
Density / Sq Mi
$23,019
Median Household Income
$24,349
Median Earnings
$805
Median Rent
$92,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two vertically arranged apartments have separate electric meters, with water service shared between them.
Where is this duplex located?
The property is located at 260 Broad Street Augusta, GA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Two 1‑bedroom, 1‑bathroom units across 1,896 square feet; Detached garage and fenced yard; Both HVAC systems replaced in 2022
