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Occupied Duplex with New Roof
For Sale
$230,000
Pending

4591 Hickory Drive, Evans, GA 30809

Residential Income, Evans, GA

Property Size1,829 SF
Lot Size0.37 Acres
Days on Market49

Property Features for 4591 Hickory Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-2
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 1
Patio and Porch features Patio, Porch
Appliances Vented Exhaust Fan, Electric Oven, Built-In Electric Oven, Refrigerator, Dishwasher
Subdivision Calloway Woods
Elementary school Westmont
Middle school Evans
High school Evans
Directions North Belair Road to Hickory Drive. Duplex ahead on the right.
Standard status Pending
APN 073h051
Size 1,829 SF
Lot size 0.37 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description Deed Book 16194 Page 0075
Tax Annual Amount 1814
Legal Description Deed Book 16194 Page 0075

Utilities

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

Amenities

laundry room
covered front porch
rear patio

Building Details

Year built 1981
Floors in Building 1
Number of units 2
Building materials Brick
Roof type Shingle
Buildings 1
Listing Agency: Blanchard & Calhoun - Evans
Listed By: Trulock Group · License #302679
Added: Sep 17 Changed: Nov 3 Last Checked: Nov 4 at 10:06AM
MLS# 100604313

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.

Rey
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Investment Insights

Based on property information with market context.

This 1,829-square-foot duplex contains two residential units, each with 2 bedrooms, 1 full bath, a den, dining area, kitchen, and laundry room. Covered front porches and rear patios extend the living areas. The property is fully occupied and includes tenant parking on the site.

Built in 1981, the brick building has a shingle roof replaced in 2025. Unit A features updated flooring and a dishwasher added in 2024. Unit B includes updated electrical service, a refrigerator added in 2026, and a water heater installed in 2024. Central air, natural-gas forced-air heating, public water, and public sewer support the property. It is located at 4591 Hickory Drive in Evans, Georgia, and is zoned R-2.

Key Highlights

  • 1,829‑square‑foot duplex with two 2‑bedroom, 1‑bath units
  • Fully occupied property with tenant parking
  • New shingle roof installed in 2025

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,937
Cap Rate
7.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,740 $358.7K
Cap Rate 7%
$256,243 $256.2K
Cap Rate 9%
$199,300 $199.3K
Market Conditions
NOI Build-Up for 1,829 SF
Gross rent
$27.9K $15.24/SF
− Vacancy
−$2.2K −$1.23/SF
EGI
$25.6K $14.01/SF
− OpEx
−$7.7K −$4.20/SF
NOI
$17.9K $9.81/SF
Area
Columbia County, GA
Vacancy
8.07%
Lease Rate
$15.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,740
Cap Rate 7%
$256,243
Cap Rate 9%
$199,300

Alternative Uses

Best Use
Multifamily LT 5
$256.2K
$224.2K – $299.0K (±1% cap)
NOI $17,937 @ 7.0% cap · market cap 7.80%
Second Best
Apartment 5plus
$236.7K
$207.1K – $276.1K (±1% cap)
NOI $16,568 @ 7.0% cap · market cap 7.20%
Theoretical Best
Office A
$577.3K
$505.1K – $673.5K (±1% cap)
NOI $40,411 @ 7.0% cap · market cap 17.57%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

338
Businesses Nearby

Demographics for 30809, GA

51,813
Population
18,920
Households
2.7
Avg Household Size
39
Median Age
48%
College-Educated
96%
High-School Grad
44.2 sq mi
ZIP Area
1,172
Density / Sq Mi
$130,150
Median Household Income
$56,391
Median Earnings
$1,659
Median Rent
$346,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom units include dens, dining areas, kitchens, laundry rooms, covered porches, and rear patios.
Where is this duplex located?
The property is located at 4591 Hickory Drive Evans, GA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 1,829‑square‑foot duplex with two 2‑bedroom, 1‑bath units; Fully occupied property with tenant parking; New shingle roof installed in 2025
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