Four-Unit Multifamily
New
For Sale
$725,000
124 Evergreen Trail, Cartersville, GA 30121
Two residences are vacant, while the remaining units are owner-occupied and tenant-occupied.
Property Size1,990 SF
Days on Market3
Property Features for 124 Evergreen Trail
General Information
Standard status
Active
Size
1,990 SF
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Multifamily Units
4
Tenant in Place
Yes
Amenities
0.41 acres
Public Sewer
Parcel Number: 0070K-0001-013, Annual Amount: $1,733, Year: 2026
Central Air
Central
Listing ID: 10882211, Standard Status: Active, MLS Status: New, On market as of 2026-10-30, 1 day on market, Special Conditions: As Is
Parking Pad
Elementary School: Cartersville, Middle School: Cartersville, High School: Cartersville
Built in 1990, Levels: One, Construction Materials: Stucco
Subdivision: Grassdale North, County/Parish: Bartow
Resale
Water Source: Public
Negotiable
Water Body Name: NONE
Association Fee: $0, Fee Includes: None
Building Details
Building Size
1,990 SF
Year Built
1990
Listing Agency:
eXp Realty
(888) 959-9461
Listed By:
Jamie Parker · License #318970
(404) 483-7816
Source:
Blackstreaminternational
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 1 at 3:40PM
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 eXp Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1990, this four-unit multifamily property has two vacant units, one occupied by the owner, and one with a tenant. The property is being sold as-is.
The property is near I-75, Highway 411, and Highway 41, with access to downtown Cartersville, shopping, dining, and everyday services.
The property is near I-75, Highway 411, and Highway 41, with access to downtown Cartersville, shopping, dining, and everyday services.
Key Highlights
- Four individual residential units
- Two units vacant; one owner‑occupied and one tenant‑occupied
- Built in 1990
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,915
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$578,300
$578.3K
Cap Rate 7%
$413,071
$413.1K
Cap Rate 9%
$321,278
$321.3K
Market Conditions
NOI Build-Up for 1,990 SF
Gross rent
$44.2K $22.20/SF
− Vacancy
−$2.9K −$1.44/SF
EGI
$41.3K $20.76/SF
− OpEx
−$12.4K −$6.23/SF
NOI
$28.9K $14.53/SF
Area
Bartow County, GA
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$578,300
Cap Rate 7%
$413,071
Cap Rate 9%
$321,278
Alternative Uses
Best Use
Multifamily LT 5
$413.1K
$361.4K – $481.9K
NOI $28,915 @ 7.0% cap · market cap 3.99%
Second Best
Apartment 5plus
$381.9K
$334.2K – $445.6K
NOI $26,734 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$558.8K
$488.9K – $651.9K
NOI $39,115 @ 7.0% cap · market cap 5.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
95
Businesses Nearby
Explore this area
Business Placement
Demographics for 30121, GA
25,089
Population
11,175
Households
2.2
Avg Household Size
38
Median Age
24%
College-Educated
91%
High-School Grad
57.7 sq mi
ZIP Area
435
Density / Sq Mi
$77,496
Median Household Income
$43,185
Median Earnings
$1,254
Median Rent
$258,700
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
Frequently Asked Questions
What type of property is this?
Quadplex - Two residences are vacant, while the remaining units are owner-occupied and tenant-occupied.
Where is this quadplex located?
The property is located at 124 Evergreen Trail Cartersville, GA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Four individual residential units; Two units vacant; one owner‑occupied and one tenant‑occupied; Built in 1990
