$685,000

300 S Jeff Davis Dr Fayetteville, GA 30215

Estimated payment $4,153/month

Total Views 1,451
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Hot Property
  • Wooded Lot
  • Forced Air Heating and Cooling System
  • Spring Hill Elementary School Rated A-
  • Three Sided Brick Exterior Elevation
  • Level Lot

About This Home

This Fayetteville quadruplex offers four 2 bed / 1 bath units totaling 5,102 sq ft, each thoughtfully updated within the last two years. Recent improvements include kitchens with granite countertops and stainless steel appliances, along with new flooring, fresh paint, and updated light fixtures that create a clean and inviting living space. The upper units enjoy the added benefit of dedicated storage spaces and private decks, enhancing functionality and tenant appeal. With leases in place, the property is fully occupied and provides a stable income stream for investors. Current rents generate $61,224 annually, delivering a 7.51% cap rate and near-breakeven cash flow at market interest rates. The pro forma scenario reflects two units rented at $1,400 and two units rented at $1,700, generating a total monthly rent of $6,200, or $74,400 annually. With expenses estimated at 16% of gross income, annual operating costs are projected at $11,904, resulting in a net operating income (NOI) of $62,496. Based on a purchase price of $685,000, this equates to a cap rate of approximately 9.1%. Assuming a 20% down payment of $137,000 and financing the remaining $548,000 with a 30-year loan at 6.3% interest, the annual debt service is about $40,668. Current NOI is $51,428, with pro forma NOI projected to produce an annual cash flow of $21,828, or roughly $1,819 per month once rents stabilize. This makes the property an attractive long-term investment opportunity, with immediate rental income and strong growth potential. **No showings until the due diligence period. All units are occupied—please do not disturb tenants.**

Listing Agent

Janice Overbeck

Keller Williams Realty Atl North License #338011 Listed on: 08/26/2025

Keller Williams Realty Atl North

Co-Listing Agent

Julie Papevies

Keller Williams Realty Atl North License #388354

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,132

Year Built

  • Built in 1983

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 137x212x40x110x239
  • Level Lot
  • Wooded Lot

Parking

  • Driveway Level

Home Design

  • Quadruplex
  • Composition Roof
  • Three Sided Brick Exterior Elevation

Schools

  • Spring Hill Elementary School
  • Bennetts Mill Middle School
  • Fayette County High School

Additional Features

  • 2-Story Property
  • Forced Air Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0524 092

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,132

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Standard Status: Active
  • Property Type: Residential Income
  • MLS Status: Active
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 1983
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Brick 3 Sides
  • Roof Type: Composition
  • Pool Private: No

Garage/Parking

  • Parking Features: Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Fee Information

  • Annual Expenses: 9796

Schools

  • Elementary School: Spring Hill
  • Middle School: Bennetts Mill
  • High School: Fayette County

Lot Info

  • Acres: 0.6000
  • Deed Book: 5207
  • Deed Page: 409
  • Lot Features: Level, Wooded
  • Lot Dimensions: 137x212x40x110x239
  • Parcel Number: 0524 092
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 4

Tax Info

  • Taxes: 5132.00
  • Assessor Parcel Number: 05-24-00-092
  • Tax Year: 2024

MLS Schools

  • Elementary School: Spring Hill
  • High School: Fayette County
  • Middle School: Bennetts Mill

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,132 $172,692 $14,720 $157,972
2023 $5,132 $164,920 $14,720 $150,200
2022 $4,261 $140,200 $13,120 $127,080
2021 $3,857 $125,320 $14,720 $110,600
2020 $3,540 $114,480 $14,720 $99,760
2019 $3,451 $110,520 $14,720 $95,800
2018 $3,246 $102,880 $13,120 $89,760
2017 $2,638 $88,240 $12,800 $75,440
2016 $2,425 $79,360 $12,800 $66,560
2015 $2,286 $73,480 $12,800 $60,680
2014 $2,128 $67,160 $12,800 $54,360
2013 -- $67,040 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 For Sale $685,000 0.0% --
10/22/2015 10/22/15 For Rent $690 0.0% --
10/22/2015 10/22/15 Rented $690 -1.4% --
12/05/2014 12/05/14 Rented $700 0.0% --
11/05/2014 11/05/14 Under Contract -- -- --
10/31/2014 10/31/14 For Rent $700 -- --
Source: First Multiple Listing Service (FMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,500 --
Warranty Deed $305,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $603,750 New Conventional
Open $1,938,000 New Conventional
Closed $375,000 Commercial
Previous Owner $207,800 New Conventional
Source: Public Records

About the Listing Agent

Janice Overbeck

Keller Williams Realty Atl North

(470) 523-3080

Section Image

The Janice Overbeck Real Estate Team, powered by Keller Williams Atlanta North, is one of metro Atlanta’s top-rated teams that prides itself on providing buyers and sellers of real estate with an exceptional level of service that elevates their experience beyond the transaction. Since it’s inception in 2015, the mission of the team has always been to exceed the expectations of their clients, making them customers for life. This level of dedication has not gone unrecognized in the community,

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Source: First Multiple Listing Service (FMLS)

MLS Number: 7634118

First Multiple Listing Service (FMLS)

APN: 05-24-00-092