407 Mills St. Valdosta, GA 31601
Duplex in prime location near shopping and restaurants.
Property Features for 407 Mills St.
General Information
- Standard status
- Active
- Size
- 845 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1958
Listing office Southern Classic REALTORS, LLC (678) 635-8877
Listing date Feb 17, 2026
Source Xome
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime investment opportunity in a highly sought‑after area within city limits.
- Conveniently located near major shopping centers, restaurants, and everyday essentials.
- Includes two properties: 407 & 409 Mills St.
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 | $8.6k | $10.20 |
| − Vacancy | −$560 | −$0.66 |
| EGI | $8.1k | $9.54 |
| − OpEx | −$2.4k | −$2.86 |
| NOI | $5.6k | $6.68 |
