Winder Duplex Investment
294 Cedar Creek Road, Winder, GA 30680
MULTI_FAMILY - Winder, GA
Property size:
7,908 SFLot size:
4.56 AcresPrice / SF:
$233/SF- Added:
- Feb 25, 2026
- Days on Market:
- 97
- Last Refresh:
- Jun 2 at 1:06 pm
Property Features for 294 Cedar Creek Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 18
- Bathrooms
- 12
- Rooms
- Bathroom 10, Bathroom 5, Bedroom 6, Bedroom 18, Bathroom 2, Bathroom 3, Bedroom 5, Bathroom 7, Bedroom 14, Bathroom 9, Bathroom 11, Bedroom 2, Bedroom 17, Bedroom 10, Bedroom 8, Bedroom 12, Bathroom 1, Bedroom 13, Bedroom 16, Bedroom 4, Bedroom 7, Bedroom 3, Bedroom 11, Bathroom 12, Bedroom 15, Bathroom 8, Bathroom 4, Bedroom 1, Bathroom 6, Bedroom 9
- Patio and Porch features
- Porch
- Exterior features
- Courtyard
- Appliances
- Some Electric Appliances, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator
- Standard status
- Active
- 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
- Heat Pump (Heating), Central, Electric (Heating)
- Cooling system
- Electric, Central Air, Heat Pump
- 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 agent Ellen West License #407755 (678) 243-8187
Listing office RAC Properties of Athens, Inc. 149 Ben Burton Circle, Bogart, GA (706) 355-3178
Listing date Feb 25, 2026
MLS# CL350026
Listing URL
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.
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.
- Private Setting: Located on 4.56 acres in a quiet cul‑de‑sac with a communal pergola.
- Prime Location: Close to Barrow County amenities yet secluded from city noise.
- Individual Unit Amenities: Each unit includes a private back porch and a primary suite with ensuite bath.
Overview
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.
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 Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Winder
- County
- Barrow
- State
- Georgia
- Longitude
- -83.743462
- Latitude
- 33.997261
Nearby Similar for Sale
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.
