$149,000
3 Bed · 2 Bath · 880 Sq Ft
Updated single-story home with modern kitchen and sizable yard
3
Beds
2
Baths
880
Sq Ft
1952
Built
0.17 acres
Lot
None (concrete parking pad for 2)
Garage
What stands out first at 2052 Clark Street is how a classic midcentury ranch has been refreshed for today: a low-maintenance metal roof above a clean, single-story plan, and a modern galley kitchen finished with stainless appliances and granite countertops. I toured this 880-square-foot home with the updated floors and fresh paint still feeling new underfoot. The floorplan places three bedrooms and two bathrooms within an efficient layout that suits an owner-occupant or an investor seeking turnkey rental income.
The lot — roughly 0.17 acres (7,405 SF) with a 50-foot frontage on Clark Street — opens to a surprisingly generous backyard for the neighborhood. There’s room for a garden, a play area, or an accessory structure given R-2 zoning that allows two-family or accessory dwelling use (buyer to verify). A concrete parking pad at the front provides off-street parking for two cars; the level site simplifies landscaping or future improvements.
Location is a quiet strength here. Lake Olmstead Park sits just a few blocks away, offering walking paths and green space; Augusta University is a short drive, and downtown Augusta and the city’s major employers are easily reachable. The property’s recent renovations reduce near-term maintenance needs — updated HVAC, modern finishes, and a durable metal roof — so new owners can move in or list immediately.
From a value perspective, this listing aligns with recent nearby sales: comparable ranches on Clark Street have closed between $145,000 and $155,000 in the last six months, placing this home squarely within current market expectations. For investors, recent lease history in the block supports an estimated rent near $1,300/month (rent per SF ~ $1.48), translating to attractive gross yield potential for a property of this size and condition.
If you’re looking for a thoughtfully renovated, single-level home close to green space and city amenities, 2052 Clark Street is both practical and well-positioned. Agents and buyers should confirm renovation permits, lot dimensions, and zoning uses during due diligence, and I’m available to arrange a walkthrough and provide neighborhood comparables on request.
Lake Olmstead is a mature Augusta neighborhood defined by its lakeside park, tree-lined streets, and close-in access to downtown. Residents enjoy easy walks to Lake Olmstead Park, short drives to Augusta University and city amenities, and a community scale that balances quiet residential character with convenient access to restaurants and services. The neighborhood’s steady appreciation and proximity to major anchors make it attractive to both families and investors seeking a central, amenity-rich location.
The Lake Olmstead submarket is operating as a balanced market with slight seller advantage: inventory sits at about 2.5 months and average days on market are near 35. Median sale price in the area is roughly $145,000, and reported appreciation has been steady — roughly 5% year-over-year and about 15% over five years. Recent closed comps on Clark Street cluster between $145k–$155k, which supports the $149,000 list price for this renovated ranch (≈ $170/SF).
For single-family homes of this size and condition, demand is consistent from both owner-occupants and small-scale investors; proximity to Augusta University and downtown keeps rental interest healthy. Current lease comparables and prior rent history for this address indicate achievable monthly rent near $1,300, giving a rough gross rental yield above 10% before expenses. Given the ~2.5 months of inventory and relatively quick sale cadence in the corridor, buyers should expect a competitive but not frenetic market — good opportunities remain for buyers who move decisively, and sellers still see solid pricing when properties are well-prepared and priced in line with comps.
Lamar Elementary School
Elementary
W.S. Hornsby K-8 School
Middle
Laney High School
High
Very good access to outdoor recreation with Lake Olmstead Park under a quarter mile away, Augusta National Golf Club within a few miles, and neighborhood walking paths for daily exercise.
Renovated ranch in stable Augusta neighborhood with potential for rental income and steady appreciation. Proximity to recreational and educational amenities enhances desirability.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$140K
Midpoint
$150K
High
$160K
$170/SF estimated price per square foot
Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for renovation quality, lot size, and bedroom count. Assessed value of $45,088 appears below market.
As of 2026-03-06
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Stable population with modest income growth. Walkability Rating estimate: 60/100.
Proximity to Lake Olmstead Park offers recreational opportunities. Close to Augusta University and downtown amenities.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$169/SF
Listed for sale
$136/SF
Arm's length transaction
$17/SF
Arm's length transaction
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