Renovated
New
For Sale
$165,000
660 Lilly Avenue, Macon, GA 31204
MULTI FAMILY, Macon, GA
Property Size637 SF
Price / SF$259.03
Days on Market1
Property Features for 660 Lilly Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Appliances
Electric Range, Dishwasher, Microwave, Refrigerator
Elementary school
Bibb-Hartley
High school
Bibb-Soutwest
Subdivision
Bibb County
Standard status
Active
Size
637 SF
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Amenities
front porch
Building Details
Year built
1965
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Listing Agency:
KELLER WILLIAMS REALTY MIDDLE GEORGIA
(478) 333-5050
Listed By:
Dailan Hughes · License #378710
(478) 390-4773
Added: Oct 16
Last Checked: Oct 16 at 9:06PM
MLS# 266358
Copyright © 2026 Central Georgia 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 637-square-foot duplex was renovated and contains two residences, each with two bedrooms and one full bathroom. Interior features include vinyl plank flooring, hard-surface countertops, and kitchen appliances: an electric range, dishwasher, microwave, and refrigerator. Central electric heating and central air conditioning serve the property.
A concrete parking pad and a front porch complete the exterior. The property is in an established Macon neighborhood near Mercer University Dr, with access to I-75, Mercer University, Atrium Amphitheater, downtown Macon, shopping, and dining.
A concrete parking pad and a front porch complete the exterior. The property is in an established Macon neighborhood near Mercer University Dr, with access to I-75, Mercer University, Atrium Amphitheater, downtown Macon, shopping, and dining.
Key Highlights
- Two residences, each with 2 bedrooms and 1 full bathroom
- 637 square feet
- Renovated interiors with vinyl plank flooring and hard‑surface countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,756
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$115,120
$115.1K
Cap Rate 7%
$82,229
$82.2K
Cap Rate 9%
$63,956
$64.0K
Market Conditions
NOI Build-Up for 637 SF
Gross rent
$8.8K $13.80/SF
− Vacancy
−$568 −$0.89/SF
EGI
$8.2K $12.91/SF
− OpEx
−$2.5K −$3.87/SF
NOI
$5.8K $9.04/SF
Area
Macon, GA
Vacancy
6.46%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$115,120
Cap Rate 7%
$82,229
Cap Rate 9%
$63,956
Alternative Uses
Best Use
Multifamily LT 5
$82.2K
$72.0K – $95.9K
NOI $5,756 @ 7.0% cap · market cap 3.49%
Second Best
Apartment 5plus
$75.6K
$66.1K – $88.2K
NOI $5,290 @ 7.0% cap · market cap 3.21%
Theoretical Best
Healthcare Medical
$121.9K
$106.6K – $142.2K
NOI $8,531 @ 7.0% cap · market cap 5.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
269
Businesses Nearby
Explore this area
Business Placement
Demographics for 31204, GA
30,512
Population
15,578
Households
2
Avg Household Size
38
Median Age
22%
College-Educated
84%
High-School Grad
14.6 sq mi
ZIP Area
2,090
Density / Sq Mi
$38,478
Median Household Income
$32,586
Median Earnings
$917
Median Rent
$123,700
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
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have two bedrooms, one full bath, updated finishes, and kitchen appliances.
Where is this duplex located?
The property is located at 660 Lilly Avenue Macon, GA.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 full bathroom; 637 square feet; Renovated interiors with vinyl plank flooring and hard‑surface countertops
