Brick Duplex with Leased
429 Evans Mill Drive Evans, GA 30809
For Sale
Under Contract
$360,000
MULTI_FAMILY - Evans, GA
Property Size2,156 SF
Lot Size0.31 Acres
Price / SF$166.98
Days on Market49
Property Features for 429 Evans Mill Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 4, Bedroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
Patio and Porch features
Patio
Interior features
Eat-in Kitchen
Appliances
Range
Standard status
Active Under Contract
APN
077a086
Size
2,156 SF
Lot size
0.31 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Legal Description 1 LOT 20 Legal Description 2 EVANS MILL Legal Description 3
Tax Annual Amount
1863
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Multi Units, Central Air
Water source
Public
Building Details
Year built
1984
Floors in Building
2
Number of units
2
Flooring type
Carpet, Laminate
Building materials
Brick, Vinyl Siding
Roof type
Shingle
Listing Agency:
ERA Wilder Realty
(803) 765-0211
Listed By:
Derya Martin · License #304649
(803) 765-0211
Added: Jun 10
Changed: Jul 18
Last Checked: Jul 28 at 8:06AM
MLS# 100580729
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 well-kept brick duplex features two leased units, each offering 2 bedrooms and 1.5 baths. Unit A and Unit B both include comfortable living areas, separate dining spaces, and updated kitchens with granite countertops and stainless steel appliances. Additional improvements include fresh paint and newer flooring throughout, and Unit A has a newer HVAC system. Outside, the property provides a rear patio and a spacious backyard with mature trees.
Located in Evans within Columbia County, the home is positioned in a central area close to shopping, dining, schools, and everyday conveniences. The property is zoned R-2, and it includes a central Evans setting that supports long-term residential use.
Both units are currently leased, with combined gross monthly income reported at $2,323 and a combined gross annual income of $27,876. Unit A is rented at $1,195 per month, and Unit B is rented at $1,128 per month, with a lease in place through 10/19/2026. The seller notes property management operates on a month-to-month basis and highlights a longer-tenured tenant history of approximately three years. With updates already completed and occupancy in place, this duplex is a practical fit for investors or owner-occupants seeking a turn-key, income-producing residential property in an established, convenient area.
Located in Evans within Columbia County, the home is positioned in a central area close to shopping, dining, schools, and everyday conveniences. The property is zoned R-2, and it includes a central Evans setting that supports long-term residential use.
Both units are currently leased, with combined gross monthly income reported at $2,323 and a combined gross annual income of $27,876. Unit A is rented at $1,195 per month, and Unit B is rented at $1,128 per month, with a lease in place through 10/19/2026. The seller notes property management operates on a month-to-month basis and highlights a longer-tenured tenant history of approximately three years. With updates already completed and occupancy in place, this duplex is a practical fit for investors or owner-occupants seeking a turn-key, income-producing residential property in an established, convenient area.
Key Highlights
- 1984 brick duplex with both units currently leased
- Combined gross monthly rent of $2,323 ($27,876 annually); Unit A $1,195 and Unit B $1,128
- Unit B lease in place through 10/19/2026; long‑term tenant history of about 3 years
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 | $32.9k | $15.24 |
| − Vacancy | −$2.7k | −$1.23 |
| EGI | $30.2k | $14.01 |
| − OpEx | −$9.1k | −$4.20 |
| NOI | $21.1k | $9.81 |
2,156 SF · lease $15.24/SF/yr · vacancy 8.07% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$302.1K
$264.3K – $352.4K
NOI $21,144 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$279.0K
$244.1K – $325.5K
NOI $19,530 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$680.5K
$595.5K – $793.9K
NOI $47,636 @ 7.0% cap · market cap 13.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Well-kept two-unit brick duplex with both units leased and updated interiors, including newer HVAC for one unit.
Where is this duplex located?
The property is located at 429 Evans Mill Drive Evans, GA.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: 1984 brick duplex with both units currently leased; Combined gross monthly rent of $2,323 ($27,876 annually); Unit A $1,195 and Unit B $1,128; Unit B lease in place through 10/19/2026; long‑term tenant history of about 3 years
