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Residential Income Portfolio with Duplexes
For Sale
$550,000
Pending

829 Olmstead Drive, Hinesville, GA 31313

Commercial Sale, Hinesville, GA

Property Size1,461 SF
Lot Size1.25 Acres
Days on Market275

Property Features for 829 Olmstead Drive

General Information

Property type Commercial Sale
Property subtype Other
Directions 829 Olmstead drive Hinesville GA 31313
Subdivision LI: Liberty County
Standard status Pending
APN 055B-001
Size 1,461 SF
Lot size 1.25 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Lots 1, 2 & W1/2lot 3 May S/D Lots 4 & E 1/2 Lot 3
Tax Annual Amount 2535
Legal Description Lots 1, 2 & W1/2lot 3 May S/D Lots 4 & E 1/2 Lot 3

Utilities

Heating system Electric (Heating)
Cooling system Central Air, Electric

Building Details

Year built 1968
Listing Agency: Coldwell Banker Southern Coast
Listed By: Courtney Smiley · License #339172
Added: Nov 21, 2025 Changed: Aug 19 Last Checked: Aug 23 at 11:06AM
MLS# 1658210

Copyright © 2026 Golden Isles Association of REALTORS. 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 for-sale residential income portfolio is made up of one single-family residence and four duplex buildings, all described as fully occupied with a strong rental history and stable NOI. The single-family home at 829 Olmstead Drive includes a new HVAC system and a chain-link fenced yard. The four duplex buildings are each equipped with window units for cooling and wall furnaces for heating, supporting a simple, low-maintenance mechanical setup for long-term rentals.

The portfolio is positioned in Hinesville, Georgia, just seconds from Fort Stewart Gate 2, and the remarks also note proximity to major retailers, grocery stores, medical services, restaurants, and schools.

The offering also includes fully approved development plans for a 30-unit apartment community as an additional opportunity for future expansion. The seller states the properties are sold as one combined portfolio only.

Key Highlights

  • Five income‑producing properties on 2 acres in Hinesville: 1 single‑family residence plus 4 duplex buildings
  • All units fully occupied with a strong rental history and stable NOI (sold as one combined portfolio only)
  • Includes 1 acre with fully approved development plans for a 30‑unit apartment community (shovel‑ready expansion)

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Building Supply Law Firm Kitchen & Bath Showroom Storage Facility Furniture & Home Goods

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

10
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

287
Businesses Nearby

Demographics for 31313, GA

41,474
Population
17,590
Households
2.4
Avg Household Size
30
Median Age
20%
College-Educated
93%
High-School Grad
61.1 sq mi
ZIP Area
679
Density / Sq Mi
$59,443
Median Household Income
$38,657
Median Earnings
$1,143
Median Rent
$173,100
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 - Portfolio includes one single-family home and four duplexes, all fully occupied, for income-producing residential rental operations.
Where is this duplex located?
The property is located at 829 Olmstead Drive Hinesville, GA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Five income‑producing properties on 2 acres in Hinesville: 1 single‑family residence plus 4 duplex buildings; All units fully occupied with a strong rental history and stable NOI (sold as one combined portfolio only); Includes 1 acre with fully approved development plans for a 30‑unit apartment community (shovel‑ready expansion)
More about this property
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