Duplex with Individual
For Sale
$200,000
Pending
57 A & B NW Garden Lakes Pkwy, Rome, GA 30165
Residential Income, ROME, GA
Property Size2,457 SF
Lot Size0.19 Acres
Days on Market71
Property Features for 57 A & B NW Garden Lakes Pkwy
General Information
Property type
Residential Multi Family
Property subtype
Condominium
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 3, Laundry Room, Bedroom 4, Bedroom 2, Bathroom 1
Window features
Single Pane Window(s)
Interior features
Ceiling Fan(s), Laundry Room, Walk-in Closet(s), Water Heater-Natural Gas
Exterior features
Fence-In Back
Fencing
Fenced
Appliances
Dishwasher, Microwave Built-in, Oven/Range, Refrigerator
Subdivision
Conifer Ring
Elementary school district
4
Middle school district
4
High school district
4
Standard status
Pending
APN
G13W220
Size
2,457 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3740
HOA Fee
$26 Annually
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Central Air
Water source
Public
Amenities
laundry room
Building Details
Year built
1988
Floors in Building
1
Number of units
2
Flooring type
Carpet, Laminate, Vinyl
Roof type
Composition
Listing Agency:
Response Realty
(706) 279-1422
Listed By:
Michael Lewis
(770) 401-0523
Added: Aug 6
Changed: Oct 5
Last Checked: Oct 15 at 3:06AM
MLS# 136156
Copyright © 2026 Carpet Capital Association of REALTORS®. 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 2,457-square-foot brick ranch duplex contains two single-level residences, each with two bedrooms and two bathrooms. Each home has a spacious living room, a kitchen and dining area, and a laundry room. Central heating and air conditioning serve both units, and each residence has its own one-car carport.
The property occupies a 0.1888-acre lot in Rome, Georgia. Public water and sewer service the property, and a fenced area is located at the back.
The property occupies a 0.1888-acre lot in Rome, Georgia. Public water and sewer service the property, and a fenced area is located at the back.
Key Highlights
- Two residences, each with 2 bedrooms and 2 bathrooms
- 2,457 square feet of building area on 0.1888 acres
- One‑car carport assigned to each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,403
Cap Rate
8.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$328,060
$328.1K
Cap Rate 7%
$234,329
$234.3K
Cap Rate 9%
$182,256
$182.3K
Market Conditions
NOI Build-Up for 2,457 SF
Gross rent
$25.1K $10.20/SF
− Vacancy
−$1.6K −$0.66/SF
EGI
$23.4K $9.54/SF
− OpEx
−$7.0K −$2.86/SF
NOI
$16.4K $6.68/SF
Area
Floyd County, GA
Vacancy
6.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$328,060
Cap Rate 7%
$234,329
Cap Rate 9%
$182,256
Alternative Uses
Best Use
Multifamily LT 5
$234.3K
$205.0K – $273.4K
NOI $16,403 @ 7.0% cap · market cap 8.20%
Second Best
Apartment 5plus
$211.2K
$184.8K – $246.4K
NOI $14,786 @ 7.0% cap · market cap 7.39%
Theoretical Best
Healthcare Medical
$407.1K
$356.2K – $475.0K
NOI $28,499 @ 7.0% cap · market cap 14.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
87
Businesses Nearby
Explore this area
Business Placement
Demographics for 30165, GA
41,943
Population
17,159
Households
2.4
Avg Household Size
36
Median Age
26%
College-Educated
83%
High-School Grad
167.0 sq mi
ZIP Area
251
Density / Sq Mi
$63,915
Median Household Income
$35,637
Median Earnings
$949
Median Rent
$209,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer single-level living with central heating and air conditioning.
Where is this duplex located?
The property is located at 57 A & B NW Garden Lakes Pkwy Rome, GA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 2 bathrooms; 2,457 square feet of building area on 0.1888 acres; One‑car carport assigned to each residence
