Winder Duplex Investment
294 Cedar Creek Road Winder, GA 30680
294 Cedar Creek Road, Winder, GA, 30680
$1,850,000
Pending
For Sale
$1,850,000
Pending
MULTI_FAMILY - Winder, GA
Property Size7,908 SF
Lot Size4.56 Acres
Days on Market147
Property Features for 294 Cedar Creek Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 18
- Bathrooms
- 12
- Rooms
- Bedroom 4, Bedroom 5, Bathroom 12, Bedroom 12, Bedroom 1, Bathroom 9, Bedroom 3, Bathroom 3, Bedroom 7, Bathroom 1, Bathroom 11, Bedroom 18, Bedroom 16, Bedroom 6, Bedroom 8, Bathroom 2, Bedroom 10, Bathroom 6, Bathroom 8, Bedroom 11, Bedroom 17, Bathroom 10, Bathroom 4, Bathroom 7, Bedroom 13, Bedroom 2, Bathroom 5, Bedroom 14, Bedroom 9, Bedroom 15
- Patio and Porch features
- Porch
- Exterior features
- Courtyard
- Appliances
- Some Electric Appliances, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator
- Standard status
- Pending
- APN
- XX064 094A
- Size
- 7,908 SF
- Lot size
- 4.56 Acres
Taxes and HOA fees
- Tax Description
- HIGHWAY 211 NW
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central, Electric (Heating), Heat Pump (Heating)
- Cooling system
- Central Air, Heat Pump, Electric
- Water source
- Public
Building Details
- Year built
- 2023
- Floors in Building
- 1
- Number of units
- 6
- Building materials
- Brick, HardiPlank Type
- Roof type
- Composition
- Additional Structures
- Gazebo
Listing agency
RAC Properties of Athens, Inc.
(706) 355-3178
Listed by
Ellen West · License #407755
(678) 243-8187
Added: Feb 25 Updated: Jul 9 at 8:23AM Checked: Jul 22 at 9:06AM
MLS# CL350026
Copyright © 2026 Hive MLS. 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 is an investment opportunity in Barrow County, featuring three duplexes connected at the garage and constructed in 2023. The property is situated on 4.56 private acres in a cul-de-sac. Each unit features 3 bedrooms and 2 bathrooms, along with a 2-car garage. The units have an open layout with LVP flooring, a living and dining area, and a kitchen equipped with stainless steel appliances, granite countertops, and a breakfast nook. A laundry closet is located adjacent to the kitchen. Each home includes a primary suite with an ensuite bath. Residents have access to a private back porch. The property is located in Winder, close to Barrow County amenities. The property is currently rented at $2,000 per unit.
Key Highlights
- Turnkey Investment: Three 2023‑built duplexes offer immediate income potential.
- Strong Rental Income: Each unit currently rents for $2,000, providing substantial returns.
- Desirable Features: Each unit has 3 beds, 2 baths, 2‑car garage, stainless steel appliances, granite countertops, and LVP flooring.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $175.6k | $22.20 |
| − Vacancy | −$11.4k | −$1.44 |
| EGI | $164.1k | $20.76 |
| − OpEx | −$49.2k | −$6.23 |
| NOI | $114.9k | $14.53 |
7,908 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.64M
$1.44M – $1.92M
NOI $114,902 @ 7.0% cap · market cap 6.21%
Second Best
Apartment 5plus
$1.52M
$1.33M – $1.77M
NOI $106,236 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$2.21M
$1.93M – $2.58M
NOI $154,741 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Three duplexes built in 2023 on 4.56 acres.
Where is this duplex located?
The property is located at 294 Cedar Creek Road Winder, GA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Turnkey Investment: Three 2023‑built duplexes offer immediate income potential.; Strong Rental Income: Each unit currently rents for $2,000, providing substantial returns.; Desirable Features: Each unit has 3 beds, 2 baths, 2‑car garage, stainless steel appliances, granite countertops, and LVP flooring.
