Apartment Property With Five
New
For Sale
$950,000
11 Old Carrollton Rd, Newnan, GA 30263
Residential Income, Newnan, GA
Property SizeContact for details
Lot Size2.07 Acres
Days on Market2
Property Features for 11 Old Carrollton Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Off Street, Assigned
Elementary school
Arnco Sargent
Middle school
Evans
High school
Newnan
Directions
From the Intersection of the Highway 34 Bypass & Highway 16/27 Alt (Carrollton Hwy), head West for 3.9 miles. Right on Old Carrollton Rd and property is immediately on your right facing the Highway.
Standard status
Active
APN
034 4009 002
Lot size
2.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4108
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
1960
Floors in Building
1
Number of units
5
Building materials
Vinyl Siding
Listing Agency:
Lindsey's Inc., Realtors
(770) 253-6990
Listed By:
Riese Carden · License #296887
(404) 557-2162
Added: Sep 9
Changed: Sep 10
Last Checked: Sep 10 at 7:06PM
MLS# 10842306
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 includes five separate single-family rental homes on a corner site. The improvements date to 1960 and feature vinyl siding, central air, assigned parking, and off-street parking. Public water and public sewer serve the property, with county sewer identified as available.
The site has frontage on GA Highway 16 and US Hwy 27 Alt and is positioned across from the newly opened Dollar General Market. Zoning is R-2 Multifamily Residential District, allowing density of up to 12 units per acre with a 500-square-foot minimum per unit. The property is also described as being near the 832-acre Project Sail campus and the Plant Yates power corridor.
The site has frontage on GA Highway 16 and US Hwy 27 Alt and is positioned across from the newly opened Dollar General Market. Zoning is R-2 Multifamily Residential District, allowing density of up to 12 units per acre with a 500-square-foot minimum per unit. The property is also described as being near the 832-acre Project Sail campus and the Plant Yates power corridor.
Key Highlights
- Five separate single‑family rental homes
- R‑2 Multifamily Residential District zoning
- Allowable density of up to 12 units per acre
Property Analytics
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Current Use
Lease Details
5
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
40
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Separate rental homes offer a multifamily configuration with public utilities and R-2 zoning.
Where is this apartment building located?
The property is located at 11 Old Carrollton Rd Newnan, GA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Five separate single‑family rental homes; R‑2 Multifamily Residential District zoning; Allowable density of up to 12 units per acre
