Occupied Two-Unit
For Sale
$255,000
3200 Tyndall Drive, Valdosta, GA 31602
Residential Income, Valdosta, GA
Property Size2,280 SF
Lot Size0.20 Acres
Price / SF$111.84
Days on Market50
Property Features for 3200 Tyndall Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 3
Parking features
Driveway
Window features
Aluminum Frames, Screens
Interior features
Blinds, Cable TV Available, Ceiling Fan(s)
Appliances
Refrigerator, Electric Range, Dishwasher
Subdivision
Perimeter Place
Standard status
Active
APN
0149A 018
Size
2,280 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 1 BLK A PERIMETER PL
Tax Annual Amount
1885
Legal Description
LOT 1 BLK A PERIMETER PL
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1995
Floors in Building
1
Flooring type
Concrete, Linoleum, Carpet
Building materials
Frame, Vinyl Siding
Roof type
Shingle
Listing Agency:
Landmark Realty and Investments, LLC
(229) 834-7131
Listed By:
Christin Massie
(864) 238-2955
Added: Sep 10
Changed: Oct 21
Last Checked: Oct 29 at 4:06AM
MLS# 154972
Copyright © 2026 South Georgia MLS (Valdosta). 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.
Located at 3200 Tyndall Drive in Valdosta, Georgia, this duplex contains 2,280 square feet across two residential units. Each residence includes 2 bedrooms and 2 full bathrooms, with interior features including blinds, ceiling fans, and cable TV availability. Appliances include a refrigerator, electric range, and dishwasher. Frame construction with vinyl siding, shingle roofing, carpet, linoleum, and concrete flooring complete the basic improvements.
Both units are occupied by long-term tenants. The property sits on a 0.2-acre lot and was built in 1995. Central electric heating and central air conditioning serve the units, while public water and public sewer provide utility connections. Driveway parking is included, and the property is zoned R3.
Both units are occupied by long-term tenants. The property sits on a 0.2-acre lot and was built in 1995. Central electric heating and central air conditioning serve the units, while public water and public sewer provide utility connections. Driveway parking is included, and the property is zoned R3.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 2 full bathrooms in each unit
- Both units occupied by long‑term tenants
- 2,280 square feet on a 0.2‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,221
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,420
$304.4K
Cap Rate 7%
$217,443
$217.4K
Cap Rate 9%
$169,122
$169.1K
Market Conditions
NOI Build-Up for 2,280 SF
Gross rent
$23.3K $10.20/SF
− Vacancy
−$1.5K −$0.66/SF
EGI
$21.7K $9.54/SF
− OpEx
−$6.5K −$2.86/SF
NOI
$15.2K $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%
$304,420
Cap Rate 7%
$217,443
Cap Rate 9%
$169,122
Alternative Uses
Best Use
Multifamily LT 5
$217.4K
$190.3K – $253.7K
NOI $15,221 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$195.6K
$171.2K – $228.2K
NOI $13,692 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$346.1K
$302.9K – $403.8K
NOI $24,230 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
122
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 - 1995-built property with two matching residences, each configured with two bedrooms and two full bathrooms.
Where is this duplex located?
The property is located at 3200 Tyndall Drive Valdosta, GA.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 2 full bathrooms in each unit; Both units occupied by long‑term tenants; 2,280 square feet on a 0.2‑acre lot
