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Canton, GA Investment Opportunity
For Sale
$825,000

550 Waleska Road, Canton, GA 30114

MULTI_FAMILY - Canton, GA

Property SizeContact for details
Lot Size0.17 Acres
Days on Market523

Property Features for 550 Waleska Road

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school R M Moore
Middle school Teasley
High school Cherokee
Directions Use GPS
Standard status Active
APN 91N04 007
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4528

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1952
Floors in Building 2
Number of units 5
Listing Agency: ERA Sunrise Realty · ERA Real Estate
Listed By: James Andrew Garrison
Added: Mar 6, 2025 Changed: Apr 15 Last Checked: Aug 11 at 12:06PM
MLS# 10476246

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This investment opportunity is located in Canton, GA. The property is a 5-plex, with each unit featuring 2 bedrooms and 1 bathroom. The building is currently tenant-occupied, providing immediate rental income. The property is situated in a convenient location near shopping, dining, and major highways. The property is located on a 0.17-acre lot. The property is located in Cherokee County. This income-producing property is located in a strong rental market.

Key Highlights

  • Immediate rental income from tenant‑occupied units.
  • 5‑plex property offers multiple income streams.
  • Located in Canton, GA, a strong rental market.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods (Bike/Boat/Book/etc) Store Electrical Service Daycare Center Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

745
Businesses Nearby

Demographics for 30114, GA

59,139
Population
22,259
Households
2.7
Avg Household Size
37
Median Age
35%
College-Educated
87%
High-School Grad
95.2 sq mi
ZIP Area
621
Density / Sq Mi
$97,684
Median Household Income
$47,257
Median Earnings
$1,654
Median Rent
$408,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Tenant-occupied 5-plex in Canton, GA, near shopping and highways.
Where is this apartment building located?
The property is located at 550 Waleska Road Canton, GA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Immediate rental income from tenant‑occupied units.; 5‑plex property offers multiple income streams.; Located in Canton, GA, a strong rental market.
More about this property
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