Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    217 Little River Rd Carrollton, GA 30117

    View on Map
    Claim this Listing
    For Sale
    $299,000

    Multi-Unit (2-4), Duplex - Carrollton, GA

    Property size:
    2,725 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $109/SF
    Added:
    Mar 6, 2026
    Days on Market:
    47
    Last Refresh:
    Apr 22 at 7:06 am

    Property Features for 217 Little River Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    4
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Living Room
    Parking features
    Garage
    Standard status
    Active
    APN
    10-000.000-0000-218.000
    Size
    2,725 SF
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Annual Amount
    0

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1984
    Year renovated
    1984
    Floors in Building
    2
    Flooring type
    Carpet, Laminate, Tile
    Building materials
    Brick, Vinyl Siding
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Sharon Bevins
    Sharon Bevins

    Listing agent Sharon Bevins

    Listing office Your Home Sold Guaranteed Realty Heritage Oaks 8493 Bowden Street, Douglasville, GA

    Listing date Mar 6, 2026

    MLS# 11684932 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Duplex on Large Lot

    This established duplex presents an income-producing investment opportunity, situated on a private 1.0-acre lot. The property includes separate private driveways for each unit. Unit A features a 3-bedroom, 1.5-bathroom layout, while Unit B offers 2 bedrooms and 1.5 bathrooms. One of the units has been recently updated with wood-look luxury vinyl plank flooring, fresh neutral paint, and updated white trim throughout. Each unit is equipped with individual meters for gas and electricity. The roof is approximately 3 years old. Both units are currently occupied, providing an immediate income stream. The property size is 2725 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Building Supply Big Box & Wholesale Store Department Store Discount Store (Bike/Boat/Book/etc) Store Nursing Home Nursing Home

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carrollton
    County
    Carroll
    State
    Georgia
    Longitude
    -85.131067
    Latitude
    33.625534

    Nearby Similar for Sale

    • $725,000
      27,488 SF

      Carrollton Landmark with Redevelopment Potential

      Historic property near downtown Carrollton with warehouse and retail space.
      116 Lucille Avenue, Carrollton, GA 30117
      View Details
    • $725,000
      27,488 SF

      Carrollton Landmark with Redevelopment Potential

      Historic property near downtown Carrollton with warehouse and retail space.
      116 Lucille Avenue, Carrollton, GA 30117
      View Details
    • $599,900
      4,000 SF

      Carrollton Commercial Building For Sale

      4,000 SF commercial building suitable for various business types.
      151 Minden Pl, Carrollton, GA 30117
      View Details
    • $350,000
      1,520 SF

      New Industrial Building in Carrollton

      New 1,520 SF industrial building with M-1 zoning.
      205 Avenue C, Carrollton, GA 30117
      View Details
    • $599,900
      4,000 SF

      Carrollton Commercial Building For Sale

      4,000 SF commercial building suitable for various business concepts.
      151 Minden Place, Carrollton, GA 30117
      View Details
    • $425,000
      1,741 SF

      Professional Office Building in Carrollton

      Move-in-ready office space in a prime Carrollton location.
      108 Cedar Street, Carrollton, GA 30117
      View Details
    • $1,200,000
      12,000 SF

      Modern Commercial Facility in Carrollton

      12,000 SF commercial facility suitable for office, retail, or industrial.
      131 Parkwood Circle, Carrollton, GA 30117
      View Details
    • $890,650
      87,120 SF

      Carrollton Industrial/Commercial Opportunity

      Versatile industrial property in Carrollton's dynamic growth market.
      115 N Aycock Street, Carrollton, GA 30117
      View Details
    • $725,197
      57,935 SF

      Carrollton Commercial Property For Sale

      Strategically located industrial property with flexible zoning and high utility.
      321 N Aycock Street, Carrollton, GA 30117
      View Details
    • $468,945
      37,026 SF

      Carrollton Commercial Property For Sale

      Industrial/Commercial zoned property suitable for various business uses.
      0 Hay Street, Carrollton, GA 30117
      View Details
    • $320,800
      16,533 SF

      Versatile Industrial/Commercial Property, Carrollton, GA

      Strategically located industrial/commercial property with flexible zoning in Carrollton, GA.
      0 N Aycock Street, Carrollton, GA 30117
      View Details
    • $299,000
      2,731 SF

      Income-Producing Duplex on Acre Lot

      Duplex on 1 acre, investor or owner-occupant opportunity.
      229 Little River Rd, Carrollton, GA 30117
      View Details

    FAQs

    What type of property is this?
    Duplex - Established duplex on 1-acre lot, immediate income stream.
    Where is this duplex located?
    The property is located at 217 Little River Rd Carrollton, GA.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: Income‑producing duplex with immediate income stream from two occupied units.; Situated on a private 1.0‑acre lot with separate driveways.; One unit recently updated with wood‑look luxury vinyl plank flooring, fresh paint, and updated trim.
    (404) 502-4880
    We can help!
    Listing Contact
    Sharon Bevins
    Sharon Bevins
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!