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Renovated Duplex
For Sale
$105,000

4111 Holly Avenue, Columbus, GA 31904

MULTI_FAMILY - Columbus, GA

Property Size1,174 SF
Lot Size0.10 Acres
Price / SF$89.44
Days on Market20

Property Features for 4111 Holly Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning NC
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
Parking features On Street
Fencing Fenced
Subdivision Clara M. Young
Lot features Less than 1/2 Acre, Level
Directions From Veterans Parkway Turn Right Onto 43rd St, Turn Left Onto Holly Ave, Duplex Is On The Right.
Standard status Active
APN 031 022 007
Size 1,174 SF
Lot size 0.10 Acres

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1959
Number of units 2
Flooring type Hardwood
Building materials Brick
Listing Agency: G2 Commercial Real Estate
Listed By: Ashley Wheeler · License #416352
Added: Jul 17 Changed: Aug 3 Last Checked: Aug 5 at 6:06PM
MLS# 230692

Copyright © 2026 Columbus Board of Realtors (GA). 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.

Renovated duplex with established tenant in place, offering two separate 1 bedroom, 1 bathroom units. The property is brick construction and features hardwood flooring throughout, with natural gas heating and central air conditioning. The units have a functional layout, supported by rooms including bedroom 1 and bedroom 2, along with bathroom 1 and bathroom 2.

The duplex sits on a 0.1-acre lot and includes fenced outdoor space. Parking is available on street, and utilities are provided via public water and public sewer. The building was constructed in 1959.

To protect tenant privacy, please do not disturb tenants. Showings are available with an accepted offer only.

Key Highlights

  • Renovated duplex with established tenant in place
  • Two units, each with 1 bedroom and 1 bathroom
  • Brick construction with hardwood flooring

Financial Insights For Apartment 5plus

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 $18.3k $15.60
− Vacancy −$1.2k −$1.01
EGI $17.1k $14.59
− OpEx −$7.7k −$6.56
NOI $9.4k $8.02
1,174 SF · lease $15.60/SF/yr · vacancy 6.50% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$152.0K
$133.0K – $177.4K (±1% cap)
NOI $10,641 @ 7.0% cap · market cap 10.13%
Second Best
Apartment 5plus
$134.5K
$117.7K – $157.0K (±1% cap)
NOI $9,418 @ 7.0% cap · market cap 8.97%
Theoretical Best
Office A
$262.7K
$229.9K – $306.5K (±1% cap)
NOI $18,388 @ 7.0% cap · market cap 17.51%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage HVAC Service Daycare Center Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

736
Businesses Nearby

Demographics for 31904, GA

36,947
Population
15,947
Households
2.3
Avg Household Size
39
Median Age
31%
College-Educated
88%
High-School Grad
27.5 sq mi
ZIP Area
1,344
Density / Sq Mi
$65,625
Median Household Income
$42,573
Median Earnings
$1,036
Median Rent
$216,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Renovated duplex in NC zoning with brick construction, central air, and public water and sewer.
Where is this duplex located?
The property is located at 4111 Holly Avenue Columbus, GA.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: Renovated duplex with established tenant in place; Two units, each with 1 bedroom and 1 bathroom; Brick construction with hardwood flooring
More about this property
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