Single-Level
260 Park Ridge Drive, Athens, GA 30605
For Sale
New
$288,000
Residential Income, Athens, GA
Property Size1,886 SF
Lot Size0.60 Acres
Price / SF$152.70
Days on Market4
Property Features for 260 Park Ridge Drive
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Appliances
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Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Buildings
Listing Agency:
Greater Athens Properties
(706) 510-5189
Listed By:
Rich Xu · License GA #377121
(706) 255-0316
Added: Nov 9
Last Checked: Nov 12 at 2:06PM
MLS# CL367851
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,886-square-foot duplex was built in 1979 and sits on a 0.6-acre lot. The one-level property has two separate residences; one is tenant-occupied, and the other is vacant. Central electric heating and air conditioning serve the building, with public water and septic service.
The property is in Athens, near the University of Georgia, shopping, and dining. Another duplex beside it is also offered for sale.
The property is in Athens, near the University of Georgia, shopping, and dining. Another duplex beside it is also offered for sale.
Key Highlights
- 1,886‑square‑foot duplex on a 0.6‑acre lot
- One‑level building constructed in 1979
- One unit is tenant‑occupied; the other is vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,903
Cap Rate
7.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,060
$458.1K
Cap Rate 7%
$327,186
$327.2K
Cap Rate 9%
$254,478
$254.5K
Market Conditions
NOI Build-Up for 1,886 SF
Gross rent
$34.6K $18.36/SF
− Vacancy
−$1.9K −$1.01/SF
EGI
$32.7K $17.35/SF
− OpEx
−$9.8K −$5.20/SF
NOI
$22.9K $12.14/SF
Area
Athens, GA
Vacancy
5.51%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,060
Cap Rate 7%
$327,186
Cap Rate 9%
$254,478
Alternative Uses
Best Use
Multifamily LT 5
$327.2K
$286.3K – $381.7K
NOI $22,903 @ 7.0% cap · market cap 7.95%
Second Best
Apartment 5plus
$301.5K
$263.8K – $351.8K
NOI $21,106 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$454.7K
$397.8K – $530.4K
NOI $31,826 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
Explore this area
Business Placement
Demographics for 30605, GA
43,205
Population
18,387
Households
2.3
Avg Household Size
28
Median Age
53%
College-Educated
91%
High-School Grad
38.2 sq mi
ZIP Area
1,131
Density / Sq Mi
$48,188
Median Household Income
$24,933
Median Earnings
$1,104
Median Rent
$279,200
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Athens, GA
Properties on Market for Duplexes in Athens
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is tenant-occupied, while the second is vacant for a new occupant or owner use.
Where is this duplex located?
The property is located at 260 Park Ridge Drive Athens, GA.
What is the asking price?
The asking price for this property is $288,000.
What are key features of this property?
This property features: 1,886‑square‑foot duplex on a 0.6‑acre lot; One‑level building constructed in 1979; One unit is tenant‑occupied; the other is vacant
