Two-Unit Duplex with
For Sale
$230,000
4591 Hickory Drive #Unit A/B, Evans, GA 30809
Tenant-occupied property offers two-bedroom layouts, separate laundry rooms, covered porches and rear patios.
Property Size1,829 SF
Lot Size0.35 Acres
Price / SF$125.75
Days on Market39
Property Features for 4591 Hickory Drive #Unit A/B
General Information
Standard status
Active
Size
1,829 SF
Lot size
0.35 Acres
Property subtype
Multi Family Home
Zoning
R-2
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$1,813
Building Details
Building Size
1,829 SF
Year Built
1981
Stories
1
Units
2
Listing Agency:
Blanchard & Calhoun - Evans
(706) 868-1000
Listed By:
Trulock Group · License #302679
(706) 267-1269
Source:
Gibbseliterealty
Added: Sep 17
Changed: Oct 23
Last Checked: Oct 23 at 3:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Blanchard & Calhoun - Evans
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two units, each arranged with two bedrooms, one full bathroom, a den, dining area, kitchen and laundry room. Both homes have a covered front porch and rear patio. The property was built in 1981 and has a new roof installed in 2025. Unit A has updated flooring and a new dishwasher from 2024; Unit B has updated electrical, a new refrigerator from 2026 and a water heater installed in 2024.
The 0.35-acre parcel is zoned R-2 and includes tenant parking. The property is located on Hickory Drive in Evans, Georgia. Both units are occupied, and showings are restricted to respect residents’ quiet enjoyment.
The 0.35-acre parcel is zoned R-2 and includes tenant parking. The property is located on Hickory Drive in Evans, Georgia. Both units are occupied, and showings are restricted to respect residents’ quiet enjoyment.
Key Highlights
- Two units, each with 2 bedrooms, 1 full bath, a den, dining area, kitchen and laundry room
- 0.35‑acre parcel with tenant parking
- New 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
NOI $17,937 @ 7.0% cap · market cap 7.80%
Second Best
Apartment 5plus
$236.7K
$207.1K – $276.1K
NOI $16,568 @ 7.0% cap · market cap 7.20%
Theoretical Best
Office A
$577.3K
$505.1K – $673.5K
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
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
131
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Tenant-occupied property offers two-bedroom layouts, separate laundry rooms, covered porches and rear patios.
Where is this duplex located?
The property is located at 4591 Hickory Drive #Unit A/B 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: Two units, each with 2 bedrooms, 1 full bath, a den, dining area, kitchen and laundry room; 0.35‑acre parcel with tenant parking; New roof installed in 2025
