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Duplex Residential Income Property
For Sale
$324,900

106 E Washington Street, Newnan, GA 30263

MULTI_FAMILY - Newnan, GA

Property Size3,100 SF
Lot Size0.40 Acres
Price / SF$104.81
Days on Market17

Property Features for 106 E Washington Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 3
Parking features Off Street
Subdivision Downtown Newnan- Cole Town
Elementary school Jefferson Parkway
Middle school Arnall
High school East Coweta
Directions From Downtown Newnan take E Washington St over RR tracks and continue to 4-way stop, cross over Farmer St and property is on the left. Coming from I-85 take Bullsboro Dr to Newnan Crossing Bypass, turn right on McIntosh Pkwy and Property is on the right.
Standard status Active
APN N33 0001 036
Lot size 0.40 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 1371

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Ceiling Fan(s), Electric, Central Air
Water source Public

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Building materials Aluminum Siding
Listing Agency: Josey Young & Brady Realty
Listed By: Russell Berry · License #318950
Added: Jul 14 Changed: Jul 27 Last Checked: Jul 30 at 3:06PM
MLS# 10806519

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This income duplex totals approximately 3,100 square feet and is set up with separately metered apartments upstairs and downstairs. The property is on a lot of just over one-third acre and includes a metal roof and aluminum siding. One A/C unit is described as newer, and some appliances have been recently replaced. The home does need some work, and it is currently occupied by tenants.

The duplex is located within a few blocks of Downtown Newnan. Tenants are in place and have been given 60 days notice, and the listing notes that storage space on-site belongs to one of the tenants and does not convey.

Also noted in the remarks, the property could be converted back into a single-family home depending on the buyer’s plans.

Key Highlights

  • 3,100 SF duplex on over 1/3 acre with separately metered apartments upstairs and downstairs
  • Downtown Newnan area location, within a few blocks of Downtown Newnan
  • Metal roof with aluminum siding; one newer A/C unit and central heating

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Storage Facility Carpet & Flooring Store Catering Service Veterinary Clinic Cafe & Coffee Shop Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,300
Businesses Nearby

Demographics for 30263, GA

60,467
Population
23,792
Households
2.5
Avg Household Size
38
Median Age
31%
College-Educated
89%
High-School Grad
198.2 sq mi
ZIP Area
305
Density / Sq Mi
$79,752
Median Household Income
$44,508
Median Earnings
$1,332
Median Rent
$278,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex on just over a third-acre lot with separately metered upstairs and downstairs apartments near downtown Newnan.
Where is this duplex located?
The property is located at 106 E Washington Street Newnan, GA.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: 3,100 SF duplex on over 1/3 acre with separately metered apartments upstairs and downstairs; Downtown Newnan area location, within a few blocks of Downtown Newnan; Metal roof with aluminum siding; one newer A/C unit and central heating
More about this property
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