Property summary
This charming, six-unit apartment building, constructed in 1911, presents a compelling value-add investment opportunity in Augusta, Georgia's Olde Town neighborhood. Situated on a spacious 0.307-acre lot (APN: 047-4-116-00-0), the property boasts 3,340 square feet of space, currently operating at 16% occupancy. The building features a mix of unit types, including studios and one-bedroom apartments, with one fully furnished unit generating immediate income via a month-to-month lease at $1,100… per month. Three units are vacant and ready for new tenants, while two others require minor updates. One studio unit needs bathroom completion but retains significant historic charm. The property includes shared laundry facilities and separate meters for each unit, along with a common area meter and a single water meter for all units. Zoned R-3B, this property offers significant potential for expansion or amenity additions, given the ample lot size. The building's prime location benefits from ongoing infrastructure improvements on Greene Street, including new sidewalks and road resurfacing. The asking price is $499,000, translating to $83,167 per unit and $149.40 per square foot. This property is ideal for investors seeking to capitalize on the growth of Augusta's downtown area and the potential for increased cash flow and long-term appreciation. The property is located on the 200 block of Greene Street, easily accessible from Calhoun Expressway.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
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Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,340 SF
- Lot area
- 0.31 ac
- Year built
- 1911
- Stories
- 2
- APN
- 047-4-116-00-0
- Zoning
- R-3B
- Assessed value · 2024
- $182,467
- Annual tax · 2024
- $3,566
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Official district profile
R-3B (MULTIPLE-FAMILY RESIDENTIAL) ZONE 17-1 Permitted Uses: (a) Any use permitted in the R-3A (Multiple-family Residential) Zone subject to the restrictions and regulations of the R-3A Zone; (b) Single-family attached d…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Cap Rate Calculation
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- Alternative use
- Local Zoning Insight
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