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New Duplex Investment Opportunity
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700 Carmen Ave, Fort Valley, GA 31030

New, fully leased duplex near Fort Valley State University.

Property Size1,350 SF
Price / SF$200
Days on Market190

Property Features for 700 Carmen Ave

General Information

Standard status Active
Size 1,350 SF
Class B
Property subtype Multifamily
Occupancy 100%
Investment Type Stabilized

Building Details

Year Built 2024
Units 1
Listing Agency: Bob Mathews
Listed By: Jill Jones · License #395680
Source: Crexi
Added: Feb 3 Changed: Aug 8 Last Checked: Aug 11 at 10:45AM

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 Bob Mathews

Investment Insights

Based on property information with market context.

This duplex, constructed in 2024, presents an investment opportunity with a 10% capitalization rate. The property is fully occupied and generates $2,600 in monthly rental income. Located in a college town with a documented housing shortage, the duplex is leased to students attending Fort Valley State University. Each side of the duplex features two bedrooms and one bathroom, totaling four bedrooms and two bathrooms for the entire property. The property is being offered fully furnished and leased, with tenants responsible for their own utilities. The property size is 1350 square feet.

Key Highlights

  • High Return: 10% Cap Rate, generating $2,600 monthly income.
  • New Construction: Built in 2024.
  • Fully Leased & Furnished: Turnkey investment, ready for immediate income.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Storage Facility Daycare Center Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

356
Businesses Nearby

Demographics for 31030, GA

17,768
Population
7,942
Households
2.2
Avg Household Size
37
Median Age
20%
College-Educated
83%
High-School Grad
174.9 sq mi
ZIP Area
102
Density / Sq Mi
$58,141
Median Household Income
$32,267
Median Earnings
$839
Median Rent
$125,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - New, fully leased duplex near Fort Valley State University.
Where is this duplex located?
The property is located at 700 Carmen Ave Fort Valley, GA.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: High Return: 10% Cap Rate, generating $2,600 monthly income.; New Construction: Built in 2024.; Fully Leased & Furnished: Turnkey investment, ready for immediate income.
(510) 776-5325 Call to check price and availability
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