2-Unit
For Sale
$295,000
312 Tomlinson Drive Unit A&B, Valdosta, GA 31602
Dishwashers and refrigerators are included in the residences.
Property Size1,924 SF
Price / SF$153.33
Days on Market111
Property Features for 312 Tomlinson Drive Unit A&B
General Information
Standard status
Active
Size
1,924 SF
Property subtype
Residential Income / Duplex
Additional Details
Average Monthly Rent
$1,300
Multifamily Units
2
Tenant in Place
Yes
Amenities
Vinyl
Dishwasher, Refrigerator
4
Building Details
Year Built
2026
Stories
2
Listing Agency:
Lock & Key Realty
Listed By:
Mitch Cothron · License #378871
(229) 531-4001
Source:
Compass
Added: Jul 11
Changed: Oct 26
Last Checked: Oct 28 at 11:04AM
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 Lock & Key Realty
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Investment Insights
Based on property information with market context.
This 2-unit duplex contains 1,924 square feet and was built in 2026. Interior features include vinyl finishes, dishwashers, and refrigerators. The property is located just off Bemiss Road in Valdosta, with Moody Air Force Base, Valdosta State University, and the Walmart milk plant identified as nearby destinations.
Key Highlights
- 1,924 square feet across a 2‑unit duplex
- Built in 2026
- Located just off Bemiss Road in Valdosta
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,844
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,880
$256.9K
Cap Rate 7%
$183,486
$183.5K
Cap Rate 9%
$142,711
$142.7K
Market Conditions
NOI Build-Up for 1,924 SF
Gross rent
$19.6K $10.20/SF
− Vacancy
−$1.3K −$0.66/SF
EGI
$18.3K $9.54/SF
− OpEx
−$5.5K −$2.86/SF
NOI
$12.8K $6.68/SF
Area
Lowndes County, GA
Vacancy
6.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,880
Cap Rate 7%
$183,486
Cap Rate 9%
$142,711
Alternative Uses
Best Use
Multifamily LT 5
$183.5K
$160.6K – $214.1K
NOI $12,844 @ 7.0% cap · market cap 4.35%
Second Best
Apartment 5plus
$165.1K
$144.4K – $192.6K
NOI $11,554 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$292.1K
$255.6K – $340.8K
NOI $20,447 @ 7.0% cap · market cap 6.93%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
274
Businesses Nearby
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Business Placement
Demographics for 31602, GA
35,999
Population
15,201
Households
2.4
Avg Household Size
33
Median Age
32%
College-Educated
89%
High-School Grad
39.9 sq mi
ZIP Area
902
Density / Sq Mi
$55,980
Median Household Income
$34,919
Median Earnings
$1,046
Median Rent
$197,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Dishwashers and refrigerators are included in the residences.
Where is this duplex located?
The property is located at 312 Tomlinson Drive Unit A&B Valdosta, GA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 1,924 square feet across a 2‑unit duplex; Built in 2026; Located just off Bemiss Road in Valdosta
