Fully Occupied
517 E Robinson Avenue, Grovetown, GA 30813
For Sale
$234,900
Under Contract
Residential Income, Grovetown, GA
Property Size2,372 SF
Lot Size0.50 Acres
Price / SF$99.03
Days on Market197
Property Features for 517 E Robinson Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Subdivision
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Legal Description
Utilities
Sewer type
Heating system
Water source
Building Details
Year built
Floors in Building
Number of units
Roof type
Listing Agency:
Meybohm Real Estate - Evans
(706) 863-8218
Listed By:
Andrew J Williamson · License GA #389099
(706) 294-9444
Added: May 1
Changed: Nov 8
Last Checked: Nov 13 at 11:06PM
MLS# 98257038
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.
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Investment Insights
Based on property information with market context.
This 2,372-square-foot triplex contains three occupied rental units on a 0.5-acre parcel. Unit A offers 2 bedrooms and 1 bathroom and has recently updated finishes. Unit B also includes 2 bedrooms and 1 bathroom, while Unit C provides 1 bedroom and 1 bathroom; Unit C was renovated before the current tenant moved in.
Built in 1955, the property is served by public water and public sewer, with natural gas heating and a shingle roof. The property is located in Grovetown, Columbia County, with access to Fort Gordon. Its existing three-unit configuration and occupied status provide a defined residential income property profile.
Built in 1955, the property is served by public water and public sewer, with natural gas heating and a shingle roof. The property is located in Grovetown, Columbia County, with access to Fort Gordon. Its existing three-unit configuration and occupied status provide a defined residential income property profile.
Key Highlights
- Three occupied rental units in a single triplex
- Unit mix includes two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
- 2,372 square feet on a 0.5‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,487
Cap Rate
9.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,740
$429.7K
Cap Rate 7%
$306,957
$307.0K
Cap Rate 9%
$238,744
$238.7K
Market Conditions
NOI Build-Up for 2,372 SF
Gross rent
$42.7K $18.00/SF
− Vacancy
−$3.6K −$1.53/SF
EGI
$39.1K $16.47/SF
− OpEx
−$17.6K −$7.41/SF
NOI
$21.5K $9.06/SF
Area
Columbia County, GA
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,740
Cap Rate 7%
$306,957
Cap Rate 9%
$238,744
Alternative Uses
Best Use
Multifamily LT 5
$332.3K
$290.8K – $387.7K
NOI $23,262 @ 7.0% cap · market cap 9.90%
Second Best
Apartment 5plus
$307.0K
$268.6K – $358.1K
NOI $21,487 @ 7.0% cap · market cap 9.15%
Theoretical Best
Office A
$748.7K
$655.1K – $873.5K
NOI $52,409 @ 7.0% cap · market cap 22.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
129
Businesses Nearby
Explore this area
Business Placement
Demographics for 30813, GA
49,376
Population
18,626
Households
2.7
Avg Household Size
33
Median Age
31%
College-Educated
91%
High-School Grad
50.4 sq mi
ZIP Area
980
Density / Sq Mi
$83,890
Median Household Income
$49,871
Median Earnings
$1,404
Median Rent
$270,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three rental units are occupied, including two 2-bedroom layouts and one 1-bedroom layout.
Where is this triplex located?
The property is located at 517 E Robinson Avenue Grovetown, GA.
What is the asking price?
The asking price for this property is $234,900.
What are key features of this property?
This property features: Three occupied rental units in a single triplex; Unit mix includes two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; 2,372 square feet on a 0.5‑acre parcel
