Two-Unit Farmhouse-Style
401 W Forest Avenue, North Augusta, SC 29841
MULTI_FAMILY - North Augusta, SC
Property size:
3,440 SFLot size:
0.40 AcresPrice / SF:
$122/SF- Added:
- Oct 21, 2025
- Days on Market:
- 234
- Last Refresh:
- Jun 11 at 2:06 am
Property Features for 401 W Forest Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 5, Bedroom 1
- Parking features
- Off Street, Paved or Surfaced
- Patio and Porch features
- Deck, Porch
- Interior features
- Kitchen Island, Built-in Features, Eat-in Kitchen, Tile Counters
- Fencing
- Fenced
- Fireplace
- 1
- Appliances
- Built-In Microwave, Range, Dishwasher
- Standard status
- Active
- APN
- 0070622009
- Size
- 3,440 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Unit 1 downstairs 401 W Forest Avenue Unit 2 upstairs 802 Lake Avenue
- Tax Annual Amount
- 1311
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Electric (Heating), Heat Pump (Heating), Floor Furnace, Fireplace(s)
- Cooling system
- Ceiling Fan(s), Heat Pump
- Water source
- Public
Building Details
- Year built
- 1907
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Lvt/lvp, Laminate, Carpet
- Building materials
- Brick, Vinyl Siding, Wood Siding
- Roof type
- Metal
Listing agent Andrea Johnson License #246700 (706) 832-5678
Listing office Dogwood Real Estate, LLC 4070 COLUMBIA ROAD, MARTINEZ, SC (631) 766-2967
Listing date Oct 21, 2025
MLS# 100580596
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.
HighLights
- Multi‑family 2‑story farmhouse‑style home built in 1907 with approx. 3,440 SF
- Downstairs unit: 3 bedrooms and 2 full bathrooms, plus direct access to a private fenced backyard and deck
- Upstairs unit: 2 bedrooms, 1 bathroom, and a flex room that can serve as a 3rd bedroom, office, or bonus space with its own private entrance
- Historic interior details including hardwood floors, built‑in features, crown molding, and ornate door frames, plus tile counters
- Kitchen amenities include kitchen island, built‑in microwave, electric range, and dishwasher; upstairs also has a full kitchen
- Metal roof with public water and public sewer, and off‑street paved/surfaced parking; fenced yard includes a deck and wraparound porch
Overview
This two-story, farmhouse-style duplex offers two separate units under one roof, with a mix of historic character and practical living space. The downstairs unit features three bedrooms and two full bathrooms, with spacious living areas and generously sized rooms. A formal living room provides direct access to the front porch, while the kitchen includes an island with bar-top seating, built-in microwave, electric range, and dishwasher. The laundry room has built-in shelving and direct access to the back deck. The upstairs unit has two bedrooms, one bathroom, and a versatile flex room that can serve as a third bedroom, office, or bonus space, along with its own private outdoor entrance, full kitchen, living room, bathroom, and laundry area. The property includes original hardwood floors in both the living room and kitchen, plus additional built-in storage details. Outside, a wraparound porch and a private, fenced backyard with a spacious deck provide outdoor space for occupants.
Located in North Augusta, the home is described as being just minutes from downtown North Augusta, SRP Park, the Greenway, shopping, dining, and major employers. The duplex sits on a corner lot and includes a backyard with a chicken coop.
With two units and separate entries, the property can support owner-occupancy while maintaining a second residence for rental use. The fenced outdoor area, deck access, and multiple flexible rooms make it well suited for a range of household needs, including multi-generational living or tenant configurations that benefit from extra workspace.
Located in North Augusta, the home is described as being just minutes from downtown North Augusta, SRP Park, the Greenway, shopping, dining, and major employers. The duplex sits on a corner lot and includes a backyard with a chicken coop.
With two units and separate entries, the property can support owner-occupancy while maintaining a second residence for rental use. The fenced outdoor area, deck access, and multiple flexible rooms make it well suited for a range of household needs, including multi-generational living or tenant configurations that benefit from extra workspace.
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 | $47.5k | $13.80 |
| − Vacancy | −$2.8k | −$0.83 |
| EGI | $44.6k | $12.97 |
| − OpEx | −$13.4k | −$3.89 |
| NOI | $31.2k | $9.08 |
3,440 SF · lease $13.80/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$446.3K
$390.5K – $520.7K
NOI $31,243 @ 7.0% cap · market cap 7.44%
Second Best
Apartment 5plus
$389.0K
$340.4K – $453.8K
NOI $27,230 @ 7.0% cap · market cap 6.48%
Theoretical Best
Office A
$663.1K
$580.2K – $773.6K
NOI $46,415 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- North Augusta
- County
- Aiken
- State
- South Carolina
- Longitude
- -81.973149
- Latitude
- 33.499252
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two separate residences with private entrances, a fenced backyard, and decks, suited for owner-occupancy or rental income.
Where is this duplex located?
The property is located at 401 W Forest Avenue North Augusta, SC.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Multi‑family 2‑story farmhouse‑style home built in 1907 with approx. 3,440 SF; Downstairs unit: 3 bedrooms and 2 full bathrooms, plus direct access to a private fenced backyard and deck; Upstairs unit: 2 bedrooms, 1 bathroom, and a flex room that can serve as a 3rd bedroom, office, or bonus space with its own private entrance
