Duplex and Single-Family Rental
For Sale
$1,025,000
342 Brown Bridge Road, Auburn, GA 30011
MULTI_FAMILY - Other - Auburn, GA
Property Size5,408 SF
Lot Size14.98 Acres
Price / SF$189.53
Days on Market43
Property Features for 342 Brown Bridge Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
004
Bedrooms
11
Bathrooms
7
Full bathrooms
7
Rooms
Bathroom 1, Bedroom 7, Bathroom 4, Bathroom 2, Bathroom 7, Bedroom 2, Bedroom 10, Bedroom 6, Bedroom 4, Bedroom 8, Bedroom 5, Bathroom 5, Bedroom 11, Bedroom 3, Bedroom 1, Bedroom 9, Bathroom 3, Bathroom 6
Parking features
Off Street
Fireplace
1
Appliances
Dishwasher, Electric Water Heater, Oven, Range
Lot features
Back Yard, Level, Private, Wooded
Directions
Take I-85 N to GA-316 E. Continue on GA-316 E and turn left onto Harbins Rd (this road eventually becomes Carl Cedar Hill Rd). Turn right onto Atlanta Hwy (US-29 N). Take an immediate left onto Carl-Bethlehem Rd. Turn right onto Brown Bridge Rd. Continue until you reach 342 Brown Bridge Rd.
Standard status
Active
APN
XX039A-034
Size
5,408 SF
Lot size
14.98 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
XX
Tax Annual Amount
5342
Legal Description
XX
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1987
Floors in Building
1
Number of units
5
Flooring type
Vinyl
Building materials
Brick, Concrete, Wood Siding
Roof type
Composition
Architectural style
Other
Listing Agency:
Keller Williams Greater Athens · Keller Williams Realty
(706) 316-2900
Listed By:
Brittany Powers · License #406237
(404) 390-8623
Added: Jul 1
Changed: Aug 10
Last Checked: Aug 12 at 9:06AM
MLS# CL359471
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 for-sale package includes two neighboring properties set up as rental housing. The first property features two duplexes plus a single-family home, giving a mix of rental configurations within one ownership. The second property adds additional space for expansion, with land ready for the possible addition of up to three duplexes, depending on development planning and approvals.
Both properties are included in the sale together, with parcel identifiers listed as XX039A 035 and XX039A 034. The overall lot size is 14.98 acres, and the combined property size is 5,408 square feet, providing multiple income-oriented units across the two sites.
Designed for investors seeking straightforward, hands-on management across adjacent parcels, this package can support an operator looking to manage multiple rental types while retaining development flexibility on the additional land. It is also suited for buyers interested in an ownership structure that combines existing residential income with room to pursue future expansion within the same acquisition.
Both properties are included in the sale together, with parcel identifiers listed as XX039A 035 and XX039A 034. The overall lot size is 14.98 acres, and the combined property size is 5,408 square feet, providing multiple income-oriented units across the two sites.
Designed for investors seeking straightforward, hands-on management across adjacent parcels, this package can support an operator looking to manage multiple rental types while retaining development flexibility on the additional land. It is also suited for buyers interested in an ownership structure that combines existing residential income with room to pursue future expansion within the same acquisition.
Key Highlights
- Package deal includes two neighboring properties (parcels XX039A 035 and XX039A 034).
- First property mix: two duplexes plus a single‑family home.
- Second property offers room/potential to build possibly three additional duplexes.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$78,578
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.67%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,571,560
$1.6M
Cap Rate 7%
$1,122,543
$1.1M
Cap Rate 9%
$873,089
$873.1K
Market Conditions
NOI Build-Up for 5,408 SF
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.
Gross rent
$120.1K $22.20/SF
− Vacancy
−$7.8K −$1.44/SF
EGI
$112.3K $20.76/SF
− OpEx
−$33.7K −$6.23/SF
NOI
$78.6K $14.53/SF
Area
Barrow County, GA
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,571,560
Cap Rate 7%
$1,122,543
Cap Rate 9%
$873,089
Alternative Uses
Best Use
Multifamily LT 5
$1.12M
$982.2K – $1.31M
NOI $78,578 @ 7.0% cap · market cap 7.67%
Second Best
Apartment 5plus
$1.04M
$908.1K – $1.21M
NOI $72,651 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,822 @ 7.0% cap · market cap 10.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Explore this area
Business Placement
Demographics for 30011, GA
18,827
Population
7,039
Households
2.7
Avg Household Size
36
Median Age
28%
College-Educated
89%
High-School Grad
26.9 sq mi
ZIP Area
700
Density / Sq Mi
$84,776
Median Household Income
$42,207
Median Earnings
$1,489
Median Rent
$287,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - For-sale multi-property rental package with existing duplexes and a single-family home on land suited for expansion.
Where is this duplex located?
The property is located at 342 Brown Bridge Road Auburn, GA.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: Package deal includes two neighboring properties (parcels XX039A 035 and XX039A 034).; First property mix: two duplexes plus a single‑family home.; Second property offers room/potential to build possibly three additional duplexes.
