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Tenant-Occupied 5-Unit Apartment Building
For Sale
$799,000

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

Utilities Water Available
Sewer type Public Sewer
Water source Public

Building Details

Year built 1952
Floors in Building 2
Number of units 5
Roof type Composition
Listing Agency: ERA Sunrise Realty · ERA Real Estate
Listed By: Andy Garrison · License #127716
Added: Mar 6, 2025 Changed: Sep 2 Last Checked: Sep 13 at 10:06PM
MLS# 7536433

Copyright © 2026 First Multiple Listing Service, Inc. 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 five-unit apartment property includes five two-bedroom, one-bathroom residences, all occupied by tenants. Built in 1952, the property sits on a 0.17-acre lot and has a composition roof.

Located at 550 Waleska Road in Canton, Georgia, the property is near shopping, dining, and major highways. Public water and public sewer serve the site, with water listed as available. The existing tenant occupancy and consistent unit configuration provide a straightforward multifamily profile for an owner seeking an apartment asset with established residents.

Key Highlights

  • Five‑unit apartment building with all units configured as 2‑bedroom, 1‑bathroom residences
  • All units are currently tenant‑occupied
  • 0.17‑acre lot in Canton, GA

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Occupied residences offer a multifamily configuration 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 $799,000.
What are key features of this property?
This property features: Five‑unit apartment building with all units configured as 2‑bedroom, 1‑bathroom residences; All units are currently tenant‑occupied; 0.17‑acre lot in Canton, GA
More about this property
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