$1,200,000

120 Blair Ridge Rd Dahlonega, GA 30533

Estimated payment $7,169/month

Total Views 9,311
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 12 Acre Lot
  • Central Heating and Cooling System
  • Wood Siding
  • No HOA
  • Ceiling Fan

About This Home

Unique Opportunity in Dahlonega consisting of one Quadplex and 6 Single wide trailers and one double wide trailer. Property sits on a mountain ridge near downtown Dahlonega, within minutes of Lumpkin County High School and close to wineries. Property can be developed into SFH, Student Housing or whatever you dare to dream. 11 total units one vacant all others rented. Appointment only, proof of funding required prior to touring properties. Strong Cap Rate of 11% with room for improvement. Mountain Views and over 11 acres.

Listing Agent

Kevin Dierkes

SMG Realty License #347151 Listed on: 07/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,500

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 12 Acre Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Partial Basement

Parking

  • 40 Parking Spaces
  • Parking Pad
  • Assigned Parking

Schools

  • Lumpkin County Elementary And Middle School
  • New Lumpkin County High School

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Shared Well
  • Septic Tank

Community Details

Overview

  • No Home Owners Association
  • 11 Units

Building Details

  • Operating Expense $8,000
  • Gross Income $133,332

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,500

Year Built

Built in 1989 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1989
  • Levels: One and One Half
  • Lot Size Acres: 12.00
  • Structure Type: Multi Family (5+ Units)
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Partial

Exterior Features

  • Construction Materials: Aluminum Siding, Wood Siding
  • Foundation Details: Block, Pillar/Post/Pier
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Assigned, Parking Pad
  • ParkingTotal: 40

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Utilities: Electricity Individual Meters, Gas Individual Meters
  • Water Source: Private, Shared Well

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lumpkin County
  • High School: New Lumpkin County
  • Middle School: Lumpkin County
  • Elementary School: Lumpkin County
  • Middle School: Lumpkin County
  • High School: New Lumpkin County

Rental Info

  • Owner Pays: Garbage, Water

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6500

Multi Family

  • GrossIncome: 133332
  • NumberOfUnitsTotal: 11
  • OperatingExpense: 8000

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 For Sale $1,200,000 0.0% --
05/11/2025 05/11/25 Rented $1,100 0.0% --
05/03/2025 05/03/25 For Rent $1,100 +29.4% --
04/07/2025 04/07/25 Rented $850 0.0% --
03/19/2025 03/19/25 For Rent $850 -15.0% --
10/24/2024 10/24/24 Rented $1,000 0.0% --
10/01/2024 10/01/24 For Rent $1,000 0.0% --
04/15/2022 04/15/22 Sold $530,000 +76.7% --
03/23/2022 03/23/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $299,900 -- --
Source: Georgia MLS

Source: Georgia MLS

MLS Number: 10559691

Georgia MLS