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Renovated Duplex in Athens, GA

330 Midway Road Athens, GA 30605

330 Midway Road, Athens, GA, 30605
$310,000
For Sale
Under Contract
Claim this Listing
$310,000

MULTI_FAMILY - Athens, GA

Property Size1,624 SF
Lot Size0.48 Acres
Price / SF$190.89
AddedJan 13
Days on Market184
Last RefreshJul 16 at 12:06 pm

Property Features for 330 Midway Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RS-8
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2
Appliances
Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Washer
Standard status
Active Under Contract
APN
234C1-C-015
Size
1,624 SF
Lot size
0.48 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
330 MIDWAY RD
Tax Annual Amount
3267

Utilities

Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public

Building Details

Year built
1962
Floors in Building
1
Number of units
2
Building materials
Brick

Listing agent Colby Smith License #348494

Listing office Rent Athens, LLC 247 E Washington St., #102, Athens, GA

Listing date Jan 13, 2026

MLS# CL346798 Listing URL

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.


Investment Insights

Based on property information with market context.

This newly renovated duplex is located on the East side of Athens. The property features all-new kitchen cabinets, appliances, and flooring. It is conveniently located near shopping and restaurants. The property, zoned RS-8, is leased through July. The lot size is 0.48 acres and the property size is 1624 square feet.

Key Highlights

  • Newly renovated duplex with all‑new kitchen cabinets, appliances, and flooring
  • Year built 1962 duplex with brick construction
  • Leased through July (per remarks)

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $29.8k $18.36
− Vacancy −$1.6k −$1.01
EGI $28.2k $17.35
− OpEx −$8.5k −$5.20
NOI $19.7k $12.14
1,624 SF · lease $18.36/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$281.7K
$246.5K – $328.7K (±1% cap)
NOI $19,722 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$259.6K
$227.2K – $302.9K (±1% cap)
NOI $18,174 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$391.5K
$342.6K – $456.8K (±1% cap)
NOI $27,405 @ 7.0% cap · market cap 8.84%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Dental Office Building Supply Nail Salon Real Estate Agency Skin Care Clinic Restaurant Spa & Massage Center HVAC Service Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Newly renovated duplex near shopping and restaurants, leased through July.
Where is this duplex located?
The property is located at 330 Midway Road Athens, GA.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Newly renovated duplex with all‑new kitchen cabinets, appliances, and flooring; Year built 1962 duplex with brick construction; Leased through July (per remarks)
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