2237 Bungalow Rd Augusta, GA 30906
Richmond Hill NeighborhoodEstimated payment $998/month
Total Views
4,669
4
Beds
2
Baths
1,400
Sq Ft
$121
Price per Sq Ft
Highlights
- Central Air
- Johnson Magnet Rated 10
- Heating Available
About This Home
This beautiful property is a turnkey, Housing Authority-approved duplex offering solid returns, low maintenance, and reliable tenants. Each unit features 2 bedrooms and 1 bathroom, making it an ideal setup for long-term rental income. This income-producing property brings in 1,880 dollars per month in rent (970 + 910). One unit has a brand-new 1-year lease; the other is month-to-month. Owner pays no utilities. Gross annual rent totals 22,560 dollars, with estimated yearly expenses (including taxes and insurance) at just 2,000 dollars. That results in a projected net operating income of 20,560 dollars and a strong 10.2% cap rate--a solid return for any investor. Both 700 sq ft units have been recently renovated and feature new HVAC systems and a new roof -- minimizing future capital costs. Total building size is approximately 1,400 sq ft. Ideal for investors seeking strong, stable returns. This one checks all the boxes -- renovated, fully leased, and cash flowing. Call now to view! This won't last long!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $962
Year Built
- Built in 1952
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 108x101x100x103
Parking
- Parking Pad
Home Design
- 1,400 Sq Ft Home
- Duplex
- Brick Exterior Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Schools
- Wheeless Road Elementary School
- Murphy Middle School
- T W Josey Comp. High School
Utilities
- Central Air
- Heating Available
Community Details
- 2 Units
- Kendan Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 0982024000
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | -- | $36,000 | $3,960 | $32,040 |
| 2023 | $1,718 | $39,484 | $5,200 | $34,284 |
| 2022 | $1,439 | $26,168 | $5,200 | $20,968 |
| 2021 | $1,666 | $31,226 | $5,200 | $26,026 |
| 2020 | $1,648 | $31,226 | $5,200 | $26,026 |
| 2019 | $1,716 | $31,226 | $5,200 | $26,026 |
| 2018 | $1,725 | $31,226 | $5,200 | $26,026 |
| 2017 | $1,679 | $31,226 | $5,200 | $26,026 |
| 2016 | $1,680 | $31,226 | $5,200 | $26,026 |
| 2015 | $1,688 | $31,226 | $5,200 | $26,026 |
| 2014 | $1,687 | $31,134 | $5,200 | $25,934 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | For Sale | $169,900 | -- | $121 / Sq Ft |
Source: REALTORS® of Greater Augusta
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $90,000 | -- | |
| Foreclosure Deed | $12,501 | None Available | |
| Deed | $8,000 | -- | |
| Deed | -- | -- | |
| Deed | $9,400 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $90,000 | New Conventional |
Source: Public Records
Similar Homes in Augusta, GA
Source: REALTORS® of Greater Augusta
MLS Number: 545198
APN: 0982024000
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