$515,000

284 Newnan St Franklin, GA 30217

Estimated payment $2,811/month

Total Views 797
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Heard County High School Rated A-
  • Wood Siding

About This Home

Excellent investment opportunity featuring five total units, four of which are currently leased. The property currently generates approximately $4,100/month in gross rental income. The property includes recent improvements such as fresh interior paint and new appliances. The fifth unit is a studio that is vacant and ready for renovation - providing a straightforward value-add opportunity to increase income and equity.

Listing Agent

Rachel Boyd

Real Broker LLC License #433717 Listed on: 11/02/2025

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,165

Year Built

  • Built in 1910

Home Design

  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Laundry in unit

Schools

  • Heard County Elementary And Middle School
  • Heard County High School

Additional Features

  • 1.45 Acre Lot
  • Window Unit Cooling System

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Gross Income $4,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,165

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1910
  • Levels: Two
  • Lot Size Acres: 1.45
  • Structure Type: Multi Family (5+ Units)
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Attached

Utilities

  • Cooling: Window Unit(s)
  • Heating: Other
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Heard County
  • High School: Heard County
  • High School Bus: Yes
  • Middle School: Heard County
  • Middle School Bus: Yes

Rental Info

  • Owner Pays: Trash Collection

Tax Info

  • Year: 24
  • Tax Annual Amount: 1165.08

Multi Family

  • GrossIncome: 4100
  • NumberOfUnitsTotal: 5

MLS Schools

  • Elementary Bus Line: Yes

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2025 11/02/25 For Sale $515,000 -- --
Source: Georgia MLS

Source: Georgia MLS

MLS Number: 10636222

Georgia MLS

APN: 0039A-0075

Georgia Heard County Franklin 30217

284 Newnan St, Franklin, GA

For Sale

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Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.

Nearby Homes
Listing Agent
Rachel Boyd
Section Image
Real Broker LLC
(706) 899-2922