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Multifamily Property with Renovated Units
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306 Cedar St, Carrollton, GA 30117

Three-building multifamily property with renovated areas, in-place tenants, and apartment-level utility and insurance responsibilities.

Property SizeContact for details
Days on Market144

Property Features for 306 Cedar St

General Information

Standard status Active
Property subtype Multifamily

Property Condition

Severity Repairs Needed
Evidence needs repairs

Building Details

Buildings 3
Tenancy Multi
Listing Agency: Jean Waldrop
Listed By: Jean Waldrop · License #GA 41369
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 3:20PM

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 Jean Waldrop

Investment Insights

Based on property information with market context.

This multifamily property comprises three buildings with seven apartments. Building 302 contains two lower-level apartments and one upstairs unit. Building 304 is a two-story duplex, with improvements completed downstairs while the upper unit requires repairs. Building 306 offers two single-level apartments; the rear apartment has been renovated, and the front apartment includes a renovated room and an additional bathroom.

Each apartment includes a stove and refrigerator, except the upstairs duplex unit, which does not have a stove. Window units belong to the tenants and will not convey. Tenants generally pay their own utilities and insurance, while the owner pays the water bill for Building 306. Six apartments are rented, with 302C currently vacant. The property is located on Cedar St. in Carrollton, Georgia.

Key Highlights

  • Seven apartments across three buildings at 302, 304, and 306 Cedar St.
  • Six apartments are rented; 302C is vacant
  • Renovated areas in Building 304 downstairs and both Building 306 apartments

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Computer & Electronic Repair Electrical Service Catering Service

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,183
Businesses Nearby

Demographics for 30117, GA

37,644
Population
15,313
Households
2.5
Avg Household Size
34
Median Age
29%
College-Educated
85%
High-School Grad
108.1 sq mi
ZIP Area
348
Density / Sq Mi
$58,463
Median Household Income
$31,273
Median Earnings
$1,066
Median Rent
$239,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Multifamily property - Three-building multifamily property with renovated areas, in-place tenants, and apartment-level utility and insurance responsibilities.
Where is this multifamily property located?
The property is located at 306 Cedar St Carrollton, GA.
What are key features of this property?
This property features: Seven apartments across three buildings at 302, 304, and 306 Cedar St.; Six apartments are rented; 302C is vacant; Renovated areas in Building 304 downstairs and both Building 306 apartments
More about this property
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