Based on the description you provided, this duplex is located in the Olde Town neighborhood of Augusta, Georgia. This area is known for its historic charm and is a popular spot for both residents and investors.
Here's a breakdown of the key features from the description and how they relate to the Augusta real estate market:
2 bedroom / 1 bathroom units: A common and desirable size for duplexes in the area, appealing to a wide range of tenants.
Original hardwood floors and desirable floor plan: These features are consistent with the historic nature of Olde Town, which is listed on the National Register of Historic Places.
''Cash Flowing Asset'' and ''stable investment'': These are standard real estate marketing terms, but they highlight the property's potential to generate income. The fact that both units are currently leased supports this claim.
Recent upgrades (new roof, new hot water heaters, serviced HVAC): This is a significant selling point for investors, as it suggests that major capital expenditures have already been taken care of, reducing the immediate maintenance costs for a new owner.
''Priced under market value and priced to sell fast'': This is a classic sales tactic to create a sense of urgency. An investor would want to verify this claim by checking recent comparable sales in the area.
Concessions for cosmetic repairs: The offer of an allowance for paint and flooring is a good incentive. It acknowledges that while the major systems are in good shape, the property could benefit from some aesthetic updates, which is common for older homes.
For sale
Price cut: $5K (10/20)
$229,900
313 Ellis Street, Augusta, GA 30901
8beds
2,220sqft
Est.:
Multi Family
Built in 1916
-- sqft lot
$-- Zestimate®
$104/sqft
$-- HOA
What's special
Desirable floor planOriginal hardwood floors
- 545 days |
- 820 |
- 26 |
Zillow last checked: 8 hours ago
Listing updated: November 28, 2025 at 10:52am
Listed by:
David Avery 706-373-8697,
Real Broker, LLC
Source: Hive MLS,MLS#: 530448
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, None, Other, See Remarks
Cooling
- Central Air, Single System, Other
Interior area
- Total structure area: 2,220
- Total interior livable area: 2,220 sqft
Property
Parking
- Parking features: Parking Pad, See Remarks
Lot
- Size: 1,770,619 Acres
- Dimensions: .12
Details
- Parcel number: 1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Vinyl Siding
Condition
- New construction: No
- Year built: 1916
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Other, See Remarks
- Subdivision: Old Towne
Location
- Region: Augusta
Financial & listing details
- Price per square foot: $104/sqft
- Tax assessed value: $173,910
- Annual tax amount: $2,628
- Date on market: 6/15/2024
- Cumulative days on market: 545 days
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,See Remarks,VA Loan
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
$1,189/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2025 | Price change | $229,900-2.1%$104/sqft |
Source: | ||
| 7/27/2025 | Price change | $234,900-4.1%$106/sqft |
Source: | ||
| 5/21/2025 | Price change | $245,000-4.6%$110/sqft |
Source: | ||
| 11/25/2024 | Listed for sale | $256,900$116/sqft |
Source: | ||
| 9/28/2024 | Listing removed | $256,900$116/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,628 -7.3% | $69,564 -13.3% |
| 2023 | $2,835 +49.8% | $80,280 +93% |
| 2022 | $1,893 -11.3% | $41,600 +14.2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,353/mo
Principal & interest
$1112
Property taxes
$161
Home insurance
$80
Climate risks
Neighborhood: Old Town
Nearby schools
GreatSchools rating
- 3/10W.S. Hornsby Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 3/10W.S. Hornsby K-8 SchoolGrades: 6-8Distance: 1.3 mi
- 2/10Laney High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Hornsby
- Middle: Hornsby WS
- High: Lucy Laney
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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