Duplex

Lakemont, GA Duplexes for Sale

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Clarkesville, GA Wiley, GA Tallulah Falls, GA Tiger, GA Turnerville, GA Clayton, GA Toccoa, GA Sautee Nacoochee, GA
Lakemont Multifamily Investment Opportunity
Updated: Oct 1, 2024
Lakemont Multifamily Investment Opportunity

240 Varnes Lane, Lakemont, GA 30552

$1,500,000
10.00 AC lot
Multi‑family zoned property with 10 units across 7 buildings, providing immediate rental income
Current income of $10,500, offering potential for the property to pay for itself
Total of 10 acres allows for future expansion and development opportunities
Diverse mix of unit types: triplex, duplex, mobile homes, studio cottages, and a cabin
Convenient location off Hwy 441 in Lakemont, approximately 5 miles from Clayton, Georgia
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Renovated Duplex in Lakemont
Updated: Sep 21, 2024
Renovated Duplex in Lakemont

230 Varnes Lane, Lakemont, GA 30552

$450,000
3.00 AC lot
Totally renovated and upgraded duplex with new metal roofing, flooring, kitchens, and paint.
Excellent investment opportunity with current total rent of $2400 per month and potential to increase to market rate of $1600 per unit.
Zoned R3 with plenty of room for more development.
Convenient location just off Highway 441 and minutes from Lake Rabun.
Each unit features an open floor plan with kitchen open to living space and dining room, laundry, master suite, and guest bedroom.
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Renovated Duplex in Lakemont, GA
Renovated Duplex in Lakemont, GA

230 Varnes Lane, Lakemont, GA 30552

$450,000
3.00 AC lot

Upgraded duplex near Lake Rabun, ideal for investors/owner-occupiers.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Lakemont, GA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

In-Town Development Land With Home
In-Town Development Land With Home

423 Iotla Street, Franklin, NC 28734

$895,000
2,000 sqft 2.41 AC lot

2.41-acre parcel with city water, sewer, and natural gas available for flexible in-town housing development.

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Prime Downtown Development Opportunity
Prime Downtown Development Opportunity

423 Iotla Street, Franklin, NC 28734

$895,000
2.41 AC lot

2.41-acre parcel near downtown Franklin, NC, with development potential.

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Historic Mixed-Use Building with Basement
Historic Mixed-Use Building with Basement

111 N Sage Street, Toccoa, GA 30577

$349,899
5,030 sqft 0.06 AC lot

Historic property with a ground-level entrance and above-grade space plus a basement accessed from an alley.

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Duplex with Detached Garage Workshop
Duplex with Detached Garage Workshop

201 203 Remsdale Street, Toccoa, GA 30577

$250,000
0.25 AC lot

Duplex with a detached garage/workshop, plus one vacant refreshed unit and one studio currently generating rental income.

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Lakemont, GA Duplexes Market Trends and Statistics

Explore 3 duplexes for sale in Lakemont, GA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,400,000.

Sale prices for duplexes in Lakemont, GA start at $450,000, averaging $800,000, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 3
Triplexes 3
Mobile home & RV parks 2
Apartment buildings 1

Demographics Overview

Population 1,834
Population Growth (5Y) +1.6%
Median Household Income $58,417
College Educated 39.5%

High-Yield Neighborhoods for Investment

Identify Lakemont submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
30552 $800K

Taxes & Financing

Tax Rate (average for all types) 1.83%
Property Tax per SF $53.97 per SF
Tax Rate vs County Average 0.38 pp below county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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