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Four-Residence Rental Property Package
For Sale
$330,000

1515 Bowman Highway, Elberton, GA 30635

MULTI_FAMILY - Elberton, GA

Property SizeContact for details
Lot Size3.33 Acres
Days on Market74

Property Features for 1515 Bowman Highway

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Carport
Elementary school Elbert
Middle school Elbert
High school Elbert
Directions GPS Friendly 1515 Bowman Hwy
Standard status Active
APN 030C 070
Lot size 3.33 Acres

Taxes and HOA fees

Tax Year 25
Tax Annual Amount 2528

Utilities

Sewer type Septic Tank
Heating system Central
Cooling system Central Air
Water source Well

Building Details

Year built 1960
Floors in Building 1
Number of units 4
Building materials Brick
Listing Agency: RE/MAX Complete · RE/MAX International
Listed By: Jonathan Fleming · License #415223
Added: May 30 Changed: Aug 9 Last Checked: Aug 11 at 6:06PM
MLS# 10775928

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 for-sale package consists of four separate rental residences on one plat. The mix includes one 3-bedroom, 1.5-bath four-sided brick home with central HVAC, plus three single-wide mobile homes with the following layouts: one 1-bedroom, 1-bath unit and two 3-bedroom, 2-bath units, and one 2-bedroom, 2-bath unit. Each residence has its own septic system, while a shared well serves all four properties.

The property is located in Elberton, Georgia, within Elbert County. The four addresses are listed as 1515 Bowman Highway, 1521 Bowman Highway, 1506 Martin Villa Road, and 1512 Martin Villa Road. Showings are available by appointment only, with arrangements required due to tenant occupancy.

For buyers seeking a rental portfolio with multiple income streams under one ownership, this setup offers straightforward operational management across four separate residences. With three units currently occupied, the property also provides an opportunity for hands-on improvements and maintenance planning between or during current tenancy. Please contact the listing agent to coordinate a viewing schedule with the tenants.

Key Highlights

  • Package includes four rental residences on one plat: 1515 Bowman Hwy, 1521 Bowman Hwy, 1506 Martin Villa Rd, and 1512 Martin Villa Rd
  • 1515 Bowman Hwy is a 4‑sided brick 3‑bedroom, 1.5‑bath home with central HVAC
  • All four residences share a well for water and each has its own septic system

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Storage Facility Big Box & Wholesale Store Building Supply Kitchen & Bath Showroom Department Store

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

4
Residential units
75%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 30635, GA

15,365
Population
7,422
Households
2.1
Avg Household Size
45
Median Age
17%
College-Educated
86%
High-School Grad
280.6 sq mi
ZIP Area
55
Density / Sq Mi
$45,368
Median Household Income
$38,339
Median Earnings
$866
Median Rent
$117,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Multifamily property - Four rental homes on one plat share a well and individual septic systems, with three units currently occupied.
Where is this multifamily property located?
The property is located at 1515 Bowman Highway Elberton, GA.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Package includes four rental residences on one plat: 1515 Bowman Hwy, 1521 Bowman Hwy, 1506 Martin Villa Rd, and 1512 Martin Villa Rd; 1515 Bowman Hwy is a 4‑sided brick 3‑bedroom, 1.5‑bath home with central HVAC; All four residences share a well for water and each has its own septic system
More about this property
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