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    274 N Hazel Ave Demorest, GA 30535

    New
    For Sale
    $550,000

    MULTI_FAMILY - Demorest, GA

    Lot size:
    0.22 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 274 N Hazel Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    Rooms
    Basement
    APN
    077 029A AND 077 029B
    Parking
    6
    Parking features
    Off Street
    Lot size
    0.22 Acres

    Utilities

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

    Building Details

    Year built
    2023
    Floors in Building
    3
    Number of units
    2
    Building materials
    Concrete

    Keller Williams Realty Lanier Partners (770) 503-7070 [email protected]

    Listing agent Jerry Harkness (706) 839-7355

    Listing date Dec 1, 2025

    MLS# 10617029 Listing URL

    Copyright © 2025 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.

    Overview

    Demorest Multifamily Investment Opportunity

    This multifamily property features two townhomes, currently rented and offering a 7.42 CAP Rate. Each unit offers three bedrooms and three bathrooms, with each bedroom having its own ensuite bathroom. Oversized closets and included appliances, along with a washer and dryer, provide convenience. A full unfinished basement, stubbed for a full bathroom, offers potential for future expansion. Located in Demorest, Georgia, the property is within walking distance of downtown Demorest and Piedmont University, providing access to dining and campus life. The property includes three off-street parking spaces in front. This property is suitable as an investment or for owner occupancy with rental income.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Demorest
    County
    Habersham
    State
    Georgia
    Longitude
    -83.543251
    Latitude
    34.568243

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    FAQs

    What type of property is this?
    Duplex - Two townhomes, currently rented, near downtown and Piedmont University.
    Where is this duplex located?
    The property is located at 274 N Hazel Ave Demorest, GA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - 7.42% CAP Rate with both townhomes currently rented, offering immediate investment income.; - Potential for FHA multifamily loan, allowing owner occupancy of one unit while renting the other.; - Each unit features **3 bedrooms and 3 bathrooms**, with each bedroom having its own ensuite bathroom.
    (706) 839-7355
    Request Owner's contact information
    274 N Hazel Ave Demorest, GA 30535
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    Demorest, GA 30535
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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
    274 N Hazel Ave Demorest, GA 30535
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