Character-Rich
For Sale
$449,800
809 E 2nd Avenue SW, Rome, GA 30161
Residential Income, Rome, GA
Property Size3,336 SF
Lot Size0.18 Acres
Price / SF$134.83
Days on Market143
Property Features for 809 E 2nd Avenue SW
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
4
Parking features
Carport
Fireplace
1
Elementary school
East Central
Middle school
Rome
High school
Rome
Directions
From Downtown Rome, take E 2nd Ave. The property will be on the left.
Standard status
Active
APN
J14J 067
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
25
Tax Annual Amount
3542
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
custom cabinetry
detailed woodwork
tiled bathrooms
Building Details
Year built
1931
Floors in Building
2
Number of units
2
Building materials
Wood Siding
Listing Agency:
Hardy Realty & Development Company
(706) 291-4321
Listed By:
Stephen Douglas Graves · License #172674
(770) 547-2401
Added: May 20
Changed: Aug 19
Last Checked: Oct 9 at 7:06PM
MLS# 10768317
Copyright © 2026 Georgia Multiple Listing Service. 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 3,336-square-foot duplex in Rome, Georgia, contains two residential units within a wood-sided property built in 1931. Unit A has three bedrooms and two full bathrooms, while Unit B provides two bedrooms and one full bathroom. Interior details include nine-foot ceilings, custom cabinetry, detailed woodwork, tiled bathrooms, and a fireplace.
One unit is occupied, and the second has recently been vacated. The property is served by public water and public sewer, with central heating, central air, and a carport. Its 0.18-acre lot is located near restaurants, shopping, and downtown attractions.
One unit is occupied, and the second has recently been vacated. The property is served by public water and public sewer, with central heating, central air, and a carport. Its 0.18-acre lot is located near restaurants, shopping, and downtown attractions.
Key Highlights
- 3,336‑square‑foot duplex on a 0.18‑acre lot
- Unit A: 3 bedrooms and 2 full bathrooms
- Unit B: 2 bedrooms and 1 full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,271
Cap Rate
4.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,420
$445.4K
Cap Rate 7%
$318,157
$318.2K
Cap Rate 9%
$247,456
$247.5K
Market Conditions
NOI Build-Up for 3,336 SF
Gross rent
$34.0K $10.20/SF
− Vacancy
−$2.2K −$0.66/SF
EGI
$31.8K $9.54/SF
− OpEx
−$9.5K −$2.86/SF
NOI
$22.3K $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%
$445,420
Cap Rate 7%
$318,157
Cap Rate 9%
$247,456
Alternative Uses
Best Use
Multifamily LT 5
$318.2K
$278.4K – $371.2K
NOI $22,271 @ 7.0% cap · market cap 4.95%
Second Best
Apartment 5plus
$286.8K
$251.0K – $334.6K
NOI $20,076 @ 7.0% cap · market cap 4.46%
Theoretical Best
Healthcare Medical
$552.8K
$483.7K – $644.9K
NOI $38,695 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
597
Businesses Nearby
Explore this area
Business Placement
Demographics for 30161, GA
35,382
Population
14,924
Households
2.4
Avg Household Size
41
Median Age
27%
College-Educated
85%
High-School Grad
143.3 sq mi
ZIP Area
247
Density / Sq Mi
$60,176
Median Household Income
$34,545
Median Earnings
$1,006
Median Rent
$185,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two distinct living units include a three-bedroom layout and a separate two-bedroom configuration.
Where is this duplex located?
The property is located at 809 E 2nd Avenue SW Rome, GA.
What is the asking price?
The asking price for this property is $449,800.
What are key features of this property?
This property features: 3,336‑square‑foot duplex on a 0.18‑acre lot; Unit A: 3 bedrooms and 2 full bathrooms; Unit B: 2 bedrooms and 1 full bathroom
