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2012 Stanres Street, Augusta, GA, 30904

2beds
1baths
1,284sqft
$140,000
$109price/sqft
$1,156/moest. monthly cost
$46,240/yrincome needed

About This Home

This 2-bedroom, 1-bathroom home presents a strong investment opportunity with immediate cash flow. The property is currently occupied by a Section 8 tenant paying 1,350 per month (tenant paying portion) , offering reliable and consistent rental income from day one. The home features a functional layout with comfortable living spaces, making it an attractive option for tenants. With the tenant already in place and rent being paid through the Section 8 program, this property is ideal for investors. Whether you're expanding your portfolio or entering the rental market, this property provides a turnkey opportunity with steady returns and dependable income.

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

3/10
--
Langford Middle SchoolGrades 6-82.3 mi

Construction

Condition

  • Year built: 1939

Materials

  • Foundation: Crawl Space
  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Range
  • Laundry features: Washer Hookup

Basement

  • Basement: None

Bathroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Hardwood
  • Attic: See Remarks

Heating

  • Heating features: Fireplace(s)

Interior Area

  • Total structure area: 1,284
  • Total interior livable area: 1,284 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 0353142000

Features

  • Levels: One
  • Patio & porch: Porch
  • Fencing: Fenced

Lot

  • Lot size: 0.26 Acres
  • Features: See Remarks
  • Lot size dimensions: 0.26

Parking

  • Parking features: Other

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Heat Wave
Ice Storm
Lightning
Tornado

FEMA Declared Disasters Across Georgia Counties

Hurricane
Severe Storm
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $707$8,484
Home Insurance *$131$1,572
Property Taxes $99$1,188
Electricity $219$2,637
Total$1,156$13,872
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$39,634/yr
40% on housing$34,680/yr
45% on housing$30,826/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$109This listing

vs Other Active Listings

Avg $/sqft

ZIP 30904$88
Richmond County$103

vs Homes Sold Last Month

Median $/sqft

ZIP 30904$134
Richmond County$132

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-11Listed for sale$140,000
2026-05-11Listing removed$140,000
2026-03-21Listed for sale$140,000
2026-01-11Listing removed$140,000
2025-11-17Listed for sale$140,000
2025-11-17Listing removed$1,350
2025-06-04Listed for rent$1,350
2024-05-15Sold$120,000
2024-02-12Listing removed--
2024-02-04Price change$1,275
2024-01-20Listed for rent$1,300
2024-01-12Sold$85,000
2023-11-30Sold$70,000
2011-09-16Sold$15,100
2011-06-28Price change$34,400
2011-05-11Price change$38,700
2011-01-27Listed for sale$43,000
2010-06-24Sold$69,823
2008-06-02Sold$67,000
2008-02-01Listed for sale$64,900
2007-10-26Sold$55,000
1997-10-31Sold$35,000

For Sale by Agent

AgentRebecca McGinty
BrokerageForth & Bound Real Estate

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