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About This Home

This 6-bedroom, 2-bathroom residential multi family at 806 Armory Drive in Macon, GA is listed for $219,900. Built in 1970, on a 0.14 acres lot.

Agent Description

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.

Key Features

  • Built in 1970
  • 0.14 acre lot

Property Details

1 story
2 full
1970

Amenities

A/C

Monthly Cost Estimate

$1,176/mo

20% down · 6.5% · 30 years

Principal$159
Interest$953
Insurance$64

Estimates only. Actual payments may vary.

Location

806 Armory Drive

Macon, GA 31206

Ingram-Pye-2nd Eli

Features & Amenities

Interior Features

Apartment

Exterior Features

Deck

Property Details

Construction

Brick

Pool Features

PatioDeckPorch

Heating

Wall FurnaceSpace Heater

Cooling

Window Unit(s)Ceiling Fan(s)

Appliances

Electric RangeRefrigerator

Questions & Answers

This 6-bedroom, 2-bathroom residential multi family at 806 Armory Drive is listed at $219,900. The estimated monthly payment is $953 based on 20% down at 6.5% interest.

Key features include: Built in 1970, 0.14 acre lot. Interior Features: Apartment. Exterior Features: Deck.

This property is listed by Lance Longgrear and can be reached at (478) 477-6528 or laurak@rivolirealty.com.

LL

Lance Longgrear

Agent at Rivoli Realty

(478) 477-6528

Listed by Rivoli Realty

MLS# 183372· Source: listhub· Updated 39 days ago

Copyright © 2026 Mid Georgia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

806 Armory Drive, Macon, GA 31206

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