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Residential Income Property with Basement
For Sale
$120,000

5549 Highway 42, Ellenwood, GA 30294

Commercial Sale, Ellenwood, GA

Property Size1,070 SF
Lot Size0.08 Acres
Price / SF$112.15
Days on Market82

Property Features for 5549 Highway 42

General Information

Property type Commercial Sale
Property subtype Other
Parking 2
Lot features Level
Directions From I-675 S take Exit 5 on to Forest Pkwy. Take a slight right. Turn left onto US23 S, house is on the right!
Standard status Active
APN 12171C B002
Size 1,070 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 25
Tax Annual Amount 1391

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1958
Flooring type Laminate
Building materials Wood Siding
Roof type Composition
Listing Agency: Keller Williams Premier · Keller Williams Realty
Listed By: Renea Hawkins
Added: Jun 24 Changed: Aug 22 Last Checked: Sep 13 at 11:06AM
MLS# 10814395

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 residential income property features a raised ranch currently leased as a 4-bedroom, 2-bath home, with an additional basement level. The basement has approximately 5 to 6 feet of headroom and a concrete floor, which may support storage, a workshop, or additional utility space.

The property is located on Highway 42 in Ellenwood, GA, minutes from I-675, and is surrounded by established commercial and industrial development. The existing lease extends through October 10, 2026.

Showings are scheduled during the Buyer’s Due Diligence Period after a binding contract has been executed, to minimize disruption to the tenant. Review all available property information prior to submitting an offer, and contact the listing agent with questions regarding tenant occupancy or possession options.

Key Highlights

  • Commercially zoned income‑producing property leased as a 4‑bedroom, 2‑bath raised ranch
  • Lease in place through October 10, 2026 for immediate rental income while planning future use
  • Basement includes approximately 5 to 6 feet of headroom with a concrete floor for storage or workshop/utility space

Property Analytics

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Current Use

Single family properties

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Dental Office Electrical Service Parking Lot & Garage

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

122
Businesses Nearby

Demographics for 30294, GA

43,552
Population
16,191
Households
2.7
Avg Household Size
39
Median Age
27%
College-Educated
90%
High-School Grad
32.7 sq mi
ZIP Area
1,332
Density / Sq Mi
$76,731
Median Household Income
$44,075
Median Earnings
$1,622
Median Rent
$233,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Single family property - Leased raised ranch with a concrete-floored basement, offering current rental income and space for storage or utility use.
Where is this single family property located?
The property is located at 5549 Highway 42 Ellenwood, GA.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Commercially zoned income‑producing property leased as a 4‑bedroom, 2‑bath raised ranch; Lease in place through October 10, 2026 for immediate rental income while planning future use; Basement includes approximately 5 to 6 feet of headroom with a concrete floor for storage or workshop/utility space
More about this property
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