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.
Active
$219,900
806 Armory Dr, Macon, GA 31206
6beds
2baths
--sqft
Est.:
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
- 35 days |
- 164 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Lance Longgrear 912-312-0697,
Rivoli Realty
Source: GAMLS,MLS#: 10708814
Tour with a local agent
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
Estimated market value
$214,400
$204,000 - $225,000
$1,058/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/3/2026 | Listed for sale | $219,900+105.5% |
Source: | ||
| 4/22/2025 | Sold | $107,000-26.2% |
Source: | ||
| 3/14/2025 | Pending sale | $145,000 |
Source: | ||
| 2/9/2025 | Price change | $145,000-3.3% |
Source: | ||
| 11/29/2024 | Price change | $150,000+25% |
Source: | ||
| 8/7/2023 | Pending sale | $120,000 |
Source: | ||
| 6/8/2023 | Listed for sale | $120,000+254% |
Source: | ||
| 5/1/2020 | Listing removed | $33,900 |
Source: New Century Real Estate Group, Inc. #6693286 Report a problem | ||
| 4/2/2020 | Price change | $33,900-24.5% |
Source: New Century Real Estate Group, Inc. #6693286 Report a problem | ||
| 3/12/2020 | Listed for sale | $44,900 |
Source: New Century Real Estate Group, Inc. #6693286 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
More affordability tools
Climate risks
Neighborhood: 31206
Nearby schools
GreatSchools rating
- 4/10Ingram/Pye Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Ballard Hudson Middle SchoolGrades: 6-8Distance: 0.5 mi
- 3/10Southwest High SchoolGrades: 9-12Distance: 1.7 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Georgia
- Bibb County
- Macon
- 31206
- 806 Armory Dr









