For SaleSingle Family Home

$149,000

Renovated 3-Bed Ranch Steps from Lake Olmstead Park

2052 Clark Street, Augusta, Georgia 30904, United States

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

Move-in ready — completely renovated interiorModern kitchen with stainless steel appliances and granite countersDurable metal roof and central HVAC0.17-acre lot with sizable backyardR-2 zoning allows accessory dwelling or two-family useListed at $149,000 — aligns with nearby compsEstimated rent: $1,300/month (strong local rental demand)

About This Home

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.

Property Features

Interior Features

  • 3 bedrooms, 2 full bathrooms
  • Updated flooring throughout
  • Fresh interior paint
  • Modern kitchen with stainless steel appliances
  • Granite countertops
  • Single-story ranch floorplan
  • Central heating and central air conditioning
  • 880 square feet of living space

Exterior & Lot

  • 0.17-acre lot (7,405 SF) with 50' frontage
  • Metal roof for longevity
  • Level rear yard with ample outdoor space
  • Concrete parking pad (est. 2 spaces)
  • Wood-frame construction, built 1952

Location & Neighborhood

  • Lake Olmstead Park — ~0.2 mile proximity
  • Augusta University — ~1.5 miles
  • Augusta National Golf Club — ~2.5 miles
  • Downtown Augusta — ~2 miles
  • Broad Street (primary corridor) approximately 0.3 miles away
  • Zoned R-2 (Two-Family Residential / accessory unit potential)

Walkability & Recreation

  • Walkability Rating: 60/100 — Some walkable amenities
  • Nearby parks and green spaces: Lake Olmstead Park
  • Hiking/biking and neighborhood walking paths adjacent to the lake
  • Golf course access: Augusta National Golf Club (2.5 miles)
  • Running/walking paths at local park
  • Community recreation within a short drive

Neighborhood

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.

Market Insights

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.

Nearby Schools

Lamar Elementary School

Elementary

5/10

W.S. Hornsby K-8 School

Middle

3/10

Laney High School

High

2/10

Walkability & Recreation

60
Walkability
78
Recreation

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.

Property Overview

2052 Clark Street is a 3-bedroom, 2-bathroom ranch-style home built in 1952 with 880 SF of living space on a 0.17-acre lot in Augusta's Lake Olmstead neighborhood. The property has been completely renovated, featuring updated flooring, fresh paint, and a modern kitchen equipped with stainless steel appliances and granite countertops. The spacious backyard offers ample outdoor space for recreation or potential enhancements.

From a valuation perspective, comparable sales in the Lake Olmstead area suggest a current fair market value of $140,000–$160,000, with a midpoint estimate of $150,000 ($170/SF). The property was listed for sale on January 26, 2026, at $149,000, aligning well with market expectations. The current assessed value of $45,088 appears significantly below market, which is common in rapidly appreciating neighborhoods.

Lake Olmstead is a desirable neighborhood offering proximity to recreational amenities such as Lake Olmstead Park, as well as educational institutions like Augusta University. The area has experienced steady appreciation, with median home values increasing by 15% over the past five years. The neighborhood's proximity to downtown Augusta and major employers contributes to consistent demand from homebuyers and investors.

Overall, this property represents a solid value in a stable location with recent updates that reduce near-term maintenance risk. The R-2 zoning allows for potential development of a two-family dwelling or accessory dwelling unit, providing additional upside for buyers interested in rental income potential. Key due diligence items include verifying the quality of renovations, confirming any zoning restrictions, and reviewing school zone assignments.

Investment Highlights

  • Completely renovated interior with modern finishes
  • Proximity to Lake Olmstead Park and Augusta University
  • Potential for rental income with R-2 zoning
  • Steady appreciation in the neighborhood over the past five years
  • Listed at $149,000, aligning with current market values

Key Findings

  • Property listed for sale on January 26, 2026, at $149,000
  • Assessed value of $45,088, significantly below market value
  • Zoned R-2, allowing for two-family dwellings or accessory units
  • Comparable sales within 0.5 miles range from $140,000 to $160,000
  • Average days on market in the area: 35 days

Things to Consider

  • Middle and high schools have lower ratings, which may impact family buyer interest
  • Verify quality and permits of recent renovations
  • Assess potential for rental income based on local demand

Opportunity Analysis

Renovated ranch in stable Augusta neighborhood with potential for rental income and steady appreciation. Proximity to recreational and educational amenities enhances desirability.

Potential Use Scenarios

  • Potential primary residence with move-in readiness
  • Explore rental opportunities given R-2 zoning and proximity to Augusta University
  • Monitor market trends for continued appreciation potential

Risk Factors

  • Lower-rated middle and high schools may deter some family buyers
  • Ensure quality of renovations meets standards
  • Assess local rental demand and rates

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$140K

Midpoint

$150K

High

$160K

$170/SF estimated price per square foot

80% confidence

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.

Market & Area Data

Market Trends

Area Median Price$145,000
Avg Days on Market35 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)12,000
Median Income (1 mi)$45,000

Stable population with modest income growth. Walkability Rating estimate: 60/100.

Nearby Points of Interest

  • Lake Olmstead Park (0.2 mi)
  • Augusta University (1.5 mi)
  • Augusta National Golf Club (2.5 mi)
  • Downtown Augusta (2 mi)

Proximity to Lake Olmstead Park offers recreational opportunities. Close to Augusta University and downtown amenities.

School District

DistrictRichmond County School District
ElementaryLamar Elementary School (5/10)
MiddleW.S. Hornsby K-8 School (3/10)
HighLaney High School (2/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1952
Constructionwood frame
Stories1
Roofmetal
Heatingcentral
Coolingcentral AC
Basementnone
FireplaceNo
Conditiongood

Lot & Site

Lot Size0.17 acres (7,405 SF)
Topographylevel
Parkingdriveway
Parking Spaces2
Frontage50 ft frontage on Clark Street

Utilities

Waterpublic
Sewerpublic
ElectricGeorgia Power
GasAtlanta Gas Light

Zoning & Land Use

Zoning CodeR-2
DescriptionTwo-Family Residential
JurisdictionCity of Augusta

Allowed Uses

single familytwo familyaccessory dwelling unit
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$45,088
Land$2,352
Improvements$42,736
Annual Tax (2025)$1,688

Sale History

2026-01-26$149,000

$169/SF

Listed for sale

2024-05-24$120,000

$136/SF

Arm's length transaction

2023-09-25$15,000

$17/SF

Arm's length transaction

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