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Occupied Duplex with Covered Porches

4591 Hickory Dr Unit A/B, Evans, GA 30809

For Sale
$230,000

Two-bedroom units include dens, laundry rooms, kitchens, and private outdoor areas.

Property Size1,829 SF
Lot Size0.35 Acres
Price / SF$125.75
Days on Market56

Property Features for 4591 Hickory Dr Unit A/B

General Information

Standard status Active
Size 1,829 SF
Lot size 0.35 Acres
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Building Details

Year Built 1981
Listing Agency: Blanchard & Calhoun - Evans
Listed By: Trulock Group · License GA #302679
Source: Searchgreateraugustahomes
Added: Sep 17 Changed: Nov 10 Last Checked: Nov 10 at 11:49AM

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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Investment Insights

Based on property information with market context.

This duplex in Evans, Georgia, includes two residential units, each with 2 bedrooms, 1 full bath, a den, dining area, kitchen, laundry room, covered front porch, and rear patio. The property is fully occupied and sits on a 0.35-acre lot with tenant parking and separation between the units. A new roof was installed in 2025. Unit A has updated flooring and a new dishwasher from 2024, while Unit B features updated electrical, a new refrigerator from 2026, and a new water heater from 2024.

Built in 1981, the property is located off Belair Road at 4591 Hickory Dr Unit A/B in Evans, GA 30809. The duplex may be purchased individually or packaged with 4589 Hickory Drive. Interior access is coordinated through the listing agent to accommodate the occupants.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 full bath per unit
  • 0.35‑acre lot with tenant parking and privacy between units
  • 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 (±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

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

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, laundry rooms, kitchens, and private outdoor areas.
Where is this duplex located?
The property is located at 4591 Hickory Dr 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‑unit duplex with 2 bedrooms and 1 full bath per unit; 0.35‑acre lot with tenant parking and privacy between units; New roof installed in 2025
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