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    242 Hooper Rd Cleveland, GA 30528

    For Sale
    $440,000

    Duplex - Cleveland, GA

    Type:Duplex
    Lot size:
    1.17 Acres
    Days on Market:
    72
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for 242 Hooper Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Lot size
    1.17 Acres

    Utilities

    Heating system
    Forced Air, Heat Pump (Heating), Zoned (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Electric, Heat Pump

    Building Details

    Year built
    2005
    Flooring type
    Hardwood, Vinyl
    Roof type
    Metal
    Architectural style
    Other

    Berkshire Hathaway HomeServices Georgia Properties (770) 814-2300 [email protected]

    Listing agent Jeffry E. Scott (770) 814-2300

    Listing date Oct 3, 2025

    MLS# 7620542 Listing URL

    Copyright © 2025 Berkshire Hathaway HomeServices Georgia Properties. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Duplex with High Cap

    This fully leased and renovated duplex offers a unique investment opportunity with an approximate 12.07% cap rate. The property has been completely renovated from top to bottom, with no expense spared. The owner is selling because they prefer not to manage properties. The leases are NN, meaning the owner's only costs are approximately $360 per year for the water bill and property taxes. The duplex features a metal roof and smooth ceilings. The units include spacious layouts with 3 bedrooms and an office. Updates include an updated electrical panel, new lights, a new layout, a new kitchen, and two new bathrooms, along with new paint and flooring. One unit has two bedrooms and two baths. The duplex is situated on 1.17 acres in a peaceful wooded setting. The property is separately metered. This property is located in a highly sought-after area in Cleveland, Georgia. It presents a great investment opportunity as either two separate Air B&Bs or a standard duplex.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Spa & Massage Auto Repair Shop Hotel & Motel Bed & Breakfast Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    White
    State
    Georgia
    Longitude
    -83.848288
    Latitude
    34.593698

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    FAQs

    What type of property is this?
    Duplex - Fully renovated duplex with high cap rate in Cleveland, GA.
    Where is this duplex located?
    The property is located at 242 Hooper Rd Cleveland, GA.
    What is the asking price?
    The asking price for this property is $440,000.
    What are key features of this property?
    This property features: - High Cap Rate (approx. 12.07%); - Fully Leased and Renovated Duplex; - Net Leases (NN) with minimal owner expenses (approx. $360/year for water)
    (770) 814-2300
    Request Owner's contact information
    242 Hooper Rd Cleveland, GA 30528
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    Cleveland, GA 30528
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    Realmo Value Estimation

    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.

    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.

    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
    242 Hooper Rd Cleveland, GA 30528
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