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Tenant-Occupied 5-Unit Apartment Building
For Sale
$825,000

550 Waleska Road, Canton, GA 30114

Residential Income, Canton, GA

Property SizeContact for details
Lot Size0.17 Acres
Days on Market556

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 · License #3615140
Added: Mar 6, 2025 Changed: Aug 19 Last Checked: Sep 13 at 10:06PM
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 apartment property contains five tenant-occupied units, each arranged with two bedrooms and one bathroom. The building was constructed in 1952 and is served by public water and public sewer.

The property occupies 0.17 acres at 550 Waleska Road in Canton, Georgia. Shopping, dining, and major highways are located nearby, providing convenient access to surrounding commercial and transportation services. The existing occupancy and uniform unit configuration provide a straightforward multifamily format for continued residential operations.

Key Highlights

  • Five‑unit apartment property with all units currently tenant‑occupied
  • All five units feature a 2‑bedroom, 1‑bathroom layout
  • Built in 1952

Property Analytics

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Current Use

Apartment buildings

Suggested Use

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

Lease Details

5
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

795
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five apartments offer consistent two-bedroom, one-bath layouts with public water and sewer service.
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: Five‑unit apartment property with all units currently tenant‑occupied; All five units feature a 2‑bedroom, 1‑bathroom layout; Built in 1952
More about this property
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