Triplex with Detached
75 Rommel Avenue, Garden City, GA 31408
For Sale
$499,900
Residential Income, Garden City, GA
Property Size2,625 SF
Lot Size0.52 Acres
Price / SF$190.44
Days on Market8
Property Features for 75 Rommel Avenue
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Patio and Porch features
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Fireplace
Appliances
Lot features
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Standard status
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Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Legal Description
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Building Details
Year built
Floors in Building
Number of units
Flooring type
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Roof type
Buildings
Listing Agency:
Next Move Real Estate LLC
(912) 295-5807
Listed By:
Heather Collier · License #422913
(912) 512-5790
Added: Nov 2
Changed: Nov 5
Last Checked: Nov 9 at 6:06AM
MLS# SA366672
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 triplex comprises a 1,169-square-foot main residence and a detached carriage house containing two apartments of 728 square feet each. The main home has three bedrooms and two bathrooms; each apartment has two bedrooms and one bathroom. Combined building area is 2,625 square feet, set on a 0.52-acre parcel. All three units are leased.
Key Highlights
- Three residential units across a main house and detached carriage house
- 2,625 square feet of combined building area on 0.52 acres
- Main residence: 1,169 square feet, with 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,965
Cap Rate
5.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,300
$579.3K
Cap Rate 7%
$413,786
$413.8K
Cap Rate 9%
$321,833
$321.8K
Market Conditions
NOI Build-Up for 2,625 SF
Gross rent
$44.1K $16.80/SF
− Vacancy
−$2.7K −$1.04/SF
EGI
$41.4K $15.76/SF
− OpEx
−$12.4K −$4.73/SF
NOI
$29.0K $11.03/SF
Area
Chatham County, GA
Vacancy
6.17%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,300
Cap Rate 7%
$413,786
Cap Rate 9%
$321,833
Alternative Uses
Best Use
Multifamily LT 5
$413.8K
$362.1K – $482.8K
NOI $28,965 @ 7.0% cap · market cap 5.79%
Second Best
Apartment 5plus
$381.8K
$334.1K – $445.5K
NOI $26,728 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$708.8K
$620.2K – $827.0K
NOI $49,619 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
304
Businesses Nearby
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Business Placement
Demographics for 31408, GA
11,790
Population
4,529
Households
2.6
Avg Household Size
36
Median Age
13%
College-Educated
82%
High-School Grad
21.1 sq mi
ZIP Area
559
Density / Sq Mi
$40,109
Median Household Income
$30,667
Median Earnings
$1,080
Median Rent
$160,600
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Chatham County, GA
Properties on Market for Triplexes in Chatham County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - All three residences are leased, with a primary home and two apartments distributed across separate buildings.
Where is this triplex located?
The property is located at 75 Rommel Avenue Garden City, GA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Three residential units across a main house and detached carriage house; 2,625 square feet of combined building area on 0.52 acres; Main residence: 1,169 square feet, with 3 bedrooms and 2 bathrooms
