2-Unit
New
For Sale
$179,000
364 Woolfolk Street, Macon, GA 31217
Both residences are occupied by tenants, and each includes laundry hookups.
Property Size1,950 SF
Days on Market5
Property Features for 364 Woolfolk Street
General Information
Standard status
Active
Size
1,950 SF
Property subtype
Multifamily
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
laundry hookups
covered front porch
0.1 acres
Public Sewer
Parcel Number: R0720188, Year: 2025
Ceiling Fan(s), Zoned
Listing ID: 10870674, Standard Status: Active, MLS Status: New, On market as of 2026-10-09, 3 days on market
Assigned
Elementary School: Burdell Hunt, Middle School: Appling, High School: Northeast
Built in 1950, Levels: One, Construction Materials: Vinyl Siding
County/Parish: Bibb
Updated/Remodeled
Electricity Individual Meters, Sewer Connected, Water Source: Public
Close Of Escrow
Fee Includes: None
Building Details
Building Size
1,950 SF
Year Built
1950
Buildings
1
Tenancy
Multi
Listing Agency:
Virtual Properties Realty.Net
(770) 495-5050
Listed By:
Krish Modi · License #452543
(864) 920-0303
Source:
Blackstreaminternational
Added: Oct 9
Changed: Oct 13
Last Checked: Oct 13 at 2:19AM
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 Virtual Properties Realty.Net
Investment Insights
Based on property information with market context.
This remodeled duplex in Macon has two tenant-occupied residences. Each unit contains two bedrooms, a kitchen, a bathroom and a living area, with laundry hookups. A covered front porch and a clean exterior complete the property. The building dates to 1950.
Interior access is available by appointment during the due diligence period after an offer is accepted; scheduling is handled through the listing agent. Tenants should not be disturbed.
Interior access is available by appointment during the due diligence period after an offer is accepted; scheduling is handled through the listing agent. Tenants should not be disturbed.
Key Highlights
- Two tenant‑occupied units
- Each residence has two bedrooms, a kitchen, a bathroom and a living area
- Laundry hookups in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,193
Cap Rate
9.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,860
$323.9K
Cap Rate 7%
$231,329
$231.3K
Cap Rate 9%
$179,922
$179.9K
Market Conditions
NOI Build-Up for 1,950 SF
Gross rent
$31.6K $16.20/SF
− Vacancy
−$2.1K −$1.10/SF
EGI
$29.4K $15.10/SF
− OpEx
−$13.2K −$6.79/SF
NOI
$16.2K $8.30/SF
Area
Macon, GA
Vacancy
6.80%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,860
Cap Rate 7%
$231,329
Cap Rate 9%
$179,922
Alternative Uses
Best Use
Multifamily LT 5
$251.7K
$220.3K – $293.7K
NOI $17,620 @ 7.0% cap · market cap 9.84%
Second Best
Apartment 5plus
$231.3K
$202.4K – $269.9K
NOI $16,193 @ 7.0% cap · market cap 9.05%
Theoretical Best
Healthcare Medical
$373.1K
$326.4K – $435.2K
NOI $26,114 @ 7.0% cap · market cap 14.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
816
Businesses Nearby
Explore this area
Business Placement
Demographics for 31217, GA
17,808
Population
7,870
Households
2.3
Avg Household Size
40
Median Age
9%
College-Educated
84%
High-School Grad
107.8 sq mi
ZIP Area
165
Density / Sq Mi
$43,821
Median Household Income
$33,244
Median Earnings
$858
Median Rent
$95,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied by tenants, and each includes laundry hookups.
Where is this duplex located?
The property is located at 364 Woolfolk Street Macon, GA.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Two tenant‑occupied units; Each residence has two bedrooms, a kitchen, a bathroom and a living area; Laundry hookups in both units
