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3-Unit Residential Triplex
New
For Sale
$289,000

3001 3003 & 3005 Hopkins Avenue, Brunswick, GA 31520

Residential Income, Brunswick, GA

Property Size2,938 SF
Lot Size0.24 Acres
Price / SF$98.37
Days on Market2
Rey
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Property Features for 3001 3003 & 3005 Hopkins Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bathroom 1, Bedroom 6, Bedroom 1, Bedroom 4, Bedroom 2, Laundry Room, Bathroom 2, Bathroom 3, Bedroom 5
Parking features Off Street
Subdivision Montpelier
Directions Take Highway 17 to Hopkins Ave - homes will be down on the right
Standard status Active
APN 0104966
Size 2,938 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 182 Montpelier S/D
Tax Annual Amount 1317
Legal Description 182 Montpelier S/D

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central, Heat Pump (Heating)
Cooling system Heat Pump, Electric, Central Air
Water source Public

Building Details

Year built 1952
Number of units 3
Flooring type Laminate, Vinyl
Roof type Metal
Listing Agency: eXp Realty, LLC
Listed By: Ginny O'Quinn · License #GA308722
Added: Oct 14 Last Checked: Oct 15 at 3:06PM
MLS# 2003041

Copyright © 2026 Golden Isles Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,938-square-foot triplex contains three residences, each configured with two bedrooms and one full bathroom. Laundry is arranged in a dedicated room in two units and a closet in the third. One residence has been remodeled and is ready for occupancy; another is also rent-ready, while the remaining unit requires work before it can be occupied. All three units are vacant. The building dates to 1952 and sits on a 0.24-acre lot.

The roof and all three HVAC systems were replaced in 2018. Flooring includes laminate and vinyl, and the property has off-street parking. Public water and sewer serve the site.

Key Highlights

  • Three units, each with 2 bedrooms and 1 full bath
  • 2,938 square feet on a 0.24‑acre lot
  • Two units have dedicated laundry rooms; the third has a laundry closet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,229
Cap Rate
8.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$484,580 $484.6K
Cap Rate 7%
$346,129 $346.1K
Cap Rate 9%
$269,211 $269.2K
Market Conditions
NOI Build-Up for 2,938 SF
Gross rent
$37.0K $12.60/SF
− Vacancy
−$2.4K −$0.82/SF
EGI
$34.6K $11.78/SF
− OpEx
−$10.4K −$3.53/SF
NOI
$24.2K $8.25/SF
Area
Glynn County, GA
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$484,580
Cap Rate 7%
$346,129
Cap Rate 9%
$269,211

Alternative Uses

Best Use
Multifamily LT 5
$346.1K
$302.9K – $403.8K (±1% cap)
NOI $24,229 @ 7.0% cap · market cap 8.38%
Second Best
Apartment 5plus
$321.0K
$280.8K – $374.5K (±1% cap)
NOI $22,467 @ 7.0% cap · market cap 7.77%
Theoretical Best
Office A
$609.7K
$533.5K – $711.4K (±1% cap)
NOI $42,682 @ 7.0% cap · market cap 14.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Plumbing Service Storage Facility Computer & Electronic Repair Accounting Firm

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

793
Businesses Nearby

Demographics for 31520, GA

22,726
Population
10,619
Households
2.1
Avg Household Size
39
Median Age
16%
College-Educated
84%
High-School Grad
20.1 sq mi
ZIP Area
1,131
Density / Sq Mi
$37,652
Median Household Income
$26,292
Median Earnings
$936
Median Rent
$135,100
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?
Triplex - Each residence has two bedrooms and one full bathroom, with laundry provided in a room or closet.
Where is this triplex located?
The property is located at 3001 3003 & 3005 Hopkins Avenue Brunswick, GA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Three units, each with 2 bedrooms and 1 full bath; 2,938 square feet on a 0.24‑acre lot; Two units have dedicated laundry rooms; the third has a laundry closet
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