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  • $219,900

    806 Armory Dr, Macon, GA 31206

    6beds
    2baths
    --sqft
    : 
    Multi Family, Duplex
    Built in 1970
    -- sqft lot
    $214,400 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Clean durable finishesFunctional layoutsTile bathroomsUpdated interiorsFresh paintLvp flooring throughout
    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.
    35 days
    |
    164
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lance Longgrear 912-312-0697,

    Rivoli Realty

    Source: GAMLS,MLS#: 10708814MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 2
      Heating
      • Baseboard
      Cooling
      • Window Unit(s)
      Features
      • Basement: None
      • Has fireplace: No

      Property

      Parking
      • Parking features: Off Street
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 6,098.4 Square Feet
      Details
      • Parcel number: P0840419

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Duplex
      Materials
      • Brick
      Condition
      • Resale
      • New construction: No
      • Year built: 1970

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Individual Meters

      Community & HOA

      Community
      • Features: Walk To Schools
      • Subdivision: Ingram Pye - 2nd Eli
      HOA
      • Has HOA: No
      • Services included: None, Other
      Location
      • Region: Macon

      Financial & listing details

      • Tax assessed value: $58,886
      • Annual tax amount: $578
      • Date on market: 3/12/2026
      • Cumulative days on market: 35 days
      • Listing agreement: Exclusive Right To Sell
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        Estimated market value

        $214,400

        $204,000 - $225,000

        $1,058/mo

        Price history

        Price history
        DateEventPrice
        3/3/2026Listed for sale$219,900+105.5%
        Source: MGMLS #183372 Report a problem
        4/22/2025Sold$107,000-26.2%
        Source: FMLS GA #7492119 Report a problem
        3/14/2025Pending sale$145,000
        Source: GAMLS #10420115 Report a problem
        2/9/2025Price change$145,000-3.3%
        Source: GAMLS #10420115 Report a problem
        11/29/2024Price change$150,000+25%
        Source: GAMLS #10420115 Report a problem
        8/7/2023Pending sale$120,000
        Source: MGMLS #170754 Report a problem
        6/8/2023Listed for sale$120,000+254%
        Source: MGMLS #170754 Report a problem
        5/1/2020Listing removed$33,900
        Source: New Century Real Estate Group, Inc. #6693286 Report a problem
        4/2/2020Price change$33,900-24.5%
        Source: New Century Real Estate Group, Inc. #6693286 Report a problem
        3/12/2020Listed for sale$44,900
        Source: New Century Real Estate Group, Inc. #6693286 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$571 -1.3%$23,554
        2024$579 -3.2%$23,554
        2023$598 +33.5%$23,554 +81.9%
        2022$448 +63.6%$12,946 +79.6%
        2021$274 -2.1%$7,209
        2020$280 -0.8%$7,209
        2019$282 +4.5%$7,209
        2018$270 -65.9%$7,209
        2017$792 +95.5%$7,209
        2016$405 +8.3%$7,209
        2015$374 +240.1%$7,209 +23%
        2014$110 $5,859
        2013-- --
        2012-- --
        2011-- --
        2010-- --
        2009$946 +236.1%$67,800 +303.6%
        2008$281 -2.3%$16,800
        2007$288 +6.2%$16,800 +150%
        2006$271 $6,720
        2005$271 $6,720
        2004-- $6,720
        2003-- $6,720
        2002-- $6,720

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $1,315/mo
        Principal & interest
        $1141
        Property taxes
        $174
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          Climate risks

          Neighborhood: 31206

          Getting around

          41 / 100
          Car-Dependent
          25 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Ingram Pye
          • High: Southwest

          Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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