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Two-Unit Duplex with Separate Meters
For Sale
$299,900

106 E Washington Street, Newnan, GA 30263

The upper and lower residences can remain separate or be adapted into a single-family home.

Property Size3,100 SF
Price / SF$96.74
Days on Market106

Property Features for 106 E Washington Street

General Information

Standard status Active
Size 3,100 SF
Property subtype Multi Family,Duplex

Property Condition

Severity Repairs Needed
Evidence does need some work

Units

Multifamily Units 2
Individually Metered Utilities unspecified utilities

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $1,371

Building Details

Year Built 1900
Buildings 1
Listing Agency: Josey Young & Brady Realty
Listed By: Russell Berry · License #318950
Source: Navigationproperties
Added: Jul 20 Changed: Oct 30 Last Checked: Oct 30 at 2:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Josey Young & Brady Realty

Rey
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Investment Insights

Based on property information with market context.

Built in 1900, this 3,100-square-foot duplex has an apartment on each floor, with separate meters for the two residences. The property occupies more than one-third of an acre and is described as convertible to a single-family home. It needs work and includes a metal roof, aluminum siding, one newer air-conditioning unit, and some recently replaced appliances.

The property is a few blocks from downtown Newnan. Tenants are in place and have received 60 days’ notice. A tenant-owned storage building is excluded from the sale.

Key Highlights

  • 3,100‑square‑foot duplex with separate upper- and lower‑level apartments
  • Each apartment is separately metered
  • Property occupies more than 1/3 acre

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,040
Businesses Nearby

Demographics for 30263, GA

60,467
Population
23,792
Households
2.5
Avg Household Size
38
Median Age
31%
College-Educated
89%
High-School Grad
198.2 sq mi
ZIP Area
305
Density / Sq Mi
$79,752
Median Household Income
$44,508
Median Earnings
$1,332
Median Rent
$278,200
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

Frequently Asked Questions

What type of property is this?
Duplex - The upper and lower residences can remain separate or be adapted into a single-family home.
Where is this duplex located?
The property is located at 106 E Washington Street Newnan, GA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 3,100‑square‑foot duplex with separate upper- and lower‑level apartments; Each apartment is separately metered; Property occupies more than 1/3 acre
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