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Two-Unit Duplex Property
For Sale
$160,000

809 Atlantic Ave, Waycross, GA 31501

Each residence includes two bedrooms and one bathroom, with one unit leased and the other available for occupancy or new tenancy.

Property Size1,484 SF
Price / SF$107.82
Days on Market34

Property Features for 809 Atlantic Ave

General Information

Standard status Active
Size 1,484 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Cap Rate 8.95%

Building Details

Year Built 1955
Buildings 1
Listing Agency: Situs Real Estate, LLC
Listed By: CC Hightower · License #415870
Source: Searchhomesinsavannah
Added: Jul 29 Changed: Aug 30 Last Checked: Aug 31 at 5:35PM

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 Situs Real Estate, LLC

Investment Insights

Based on property information with market context.

Built in 1955, this 1,484-square-foot duplex contains two residences, each configured with two bedrooms and one bathroom. The property is being sold AS-IS. One unit is currently leased, while the second is vacant and ready for a new tenant or owner occupancy.

The duplex is located at 809 Atlantic Ave in Waycross, near shopping, dining, and schools. Recent operating information reflects an 8.95% cap rate, with a stated potential of 10.45% or more when taxes and insurance are considered. The owner is a licensed real estate agent in Georgia.

Key Highlights

  • Two‑unit duplex with 1,484 SF
  • Each unit has 2 bedrooms and 1 bathroom
  • One unit leased; second unit recently vacated

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Kitchen & Bath Showroom Garden Center Barber Shop Electrical Service

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

295
Businesses Nearby

Demographics for 31501, GA

14,036
Population
6,867
Households
2
Avg Household Size
40
Median Age
18%
College-Educated
84%
High-School Grad
12.0 sq mi
ZIP Area
1,170
Density / Sq Mi
$37,203
Median Household Income
$30,426
Median Earnings
$752
Median Rent
$100,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Each residence includes two bedrooms and one bathroom, with one unit leased and the other available for occupancy or new tenancy.
Where is this duplex located?
The property is located at 809 Atlantic Ave Waycross, GA.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,484 SF; Each unit has 2 bedrooms and 1 bathroom; One unit leased; second unit recently vacated
More about this property
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