806 Armory Drive, Macon, GA 31206
Local realty services provided by:ERA Towne Square Realty, Inc.
806 Armory Drive,Macon, GA 31206
$219,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: lance longgrear
Office: rivoli realty
MLS#:10708814
Source:METROMLS
Price summary
- Price:$219,900
About this home
This turnkey duplex is less than a mile from Mercer University and delivers strong day one cash flow with a cap rate above 10 percent. Must be purchased with adjacent & identical duplex that is on a separate parcel. Two stable duplexes with value add opportunity! Each unit is a spacious 3 bedroom, 1 bath layout with updated interiors featuring LVP flooring throughout, tile bathrooms, and fresh paint. Clean, durable finishes keep maintenance low and tenant appeal high. Rents currently range from $950 to $1,250 per month per unit, providing immediate income from day one. The property is already renovated and stabilized with solid cash flow, yet offers light to moderate value add opportunity through strategic upgrades and rent optimization. Investors can increase income & value through improved amenities, exterior enhancements, or continued rent adjustments to market rates. These units have functional layouts with updated interiors. Adjacent duplex is located at 2503 Felton Ave. Total price for both duplexes is $439,800 and they must be purchased simultaneously. Additional information available upon request....
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Home facts
- Year built:1970
- Listing ID #:10708814
- Updated:March 31, 2026 at 10:43 AM
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Baseboard
Structure and exterior
- Year built:1970
- Lot area:0.14 Acres
- Construction Materials:Brick
- Levels:1 Story
Schools
- High school:Southwest
- Middle school:Other
- Elementary school:Ingram Pye
Utilities
- Water:Public, Water Individual Meters
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$219,900
- Tax amount:$579 (24)
Parking
- Parking description:Off Street Parking
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