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    284 Newnan St Franklin, GA 30217

    For Sale
    $515,000

    MULTI_FAMILY - Franklin, GA

    Lot size:
    1.45 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 284 Newnan St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    0039 A 0075
    Lot size
    1.45 Acres

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1910
    Floors in Building
    2
    Number of units
    5
    Building materials
    Brick, Wood Siding

    Realtyka, LLC (512) 800-6984 [email protected]

    Listing agent Rachel Boyd (855) 450-0442

    Listing date Nov 17, 2025

    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

    Five-Unit Residential Income Property

    The property at 284 Newnan Street is a five-unit residential income property. Four of the units are currently leased and generating income, with a gross monthly rent of approximately $4,000. Each unit has separate water and gas meters, fresh interior paint, and updated appliances. The fifth unit is vacant and ready for renovation, presenting an opportunity to increase cash flow. The property is situated in a quiet area of Franklin, Georgia, and is located close to town. The lot size is 1.45 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Hair Salon Clothing Store Building Supply Pharmacy Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Heard
    State
    Georgia
    Longitude
    -85.09567
    Latitude
    33.282898

    Nearby Similar for Sale

    • $359,900
      1.70 Acres

      Heard County Investment Opportunity

      Multi-unit property on 1.7 acres with income potential.
      19860 Ga Highway 34, Franklin, GA 30217
      View Details

    FAQs

    What type of property is this?
    Apartment building - Five-unit property in Franklin, GA with income and expansion potential.
    Where is this apartment building located?
    The property is located at 284 Newnan St Franklin, GA.
    What is the asking price?
    The asking price for this property is $515,000.
    What are key features of this property?
    This property features: - Four units are already leased and generating approximately $4,000 in gross monthly rent.; - Vacant fifth unit provides an immediate value-add opportunity through renovation.; - Each unit has separate water and gas meters.
    (855) 450-0442
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    284 Newnan St Franklin, GA 30217
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    Franklin, GA 30217
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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
    284 Newnan St Franklin, GA 30217
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