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Multifamily Portfolio with 8 Units
For Sale
$999,751

156 S Johnson Street, Newborn, GA 30056

MULTI_FAMILY - Newborn, GA

Lot Size4.93 Acres
Days on Market791

Property Features for 156 S Johnson Street

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school Mansfield
Middle school Indian Creek
High school Eastside
Directions GPS
Standard status Active
APN N139000000028A00
Lot size 4.93 Acres

Taxes and HOA fees

Tax Year 2003
Tax Annual Amount 4420

Utilities

Sewer type Septic Tank
Heating system Central
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1999
Floors in Building 1
Number of units 8
Building materials Vinyl Siding
Listing Agency: Carousel Properties, LLC
Listed By: Dawn Norton · License #284177
Added: May 31, 2024 Changed: Jul 29 Last Checked: Jul 30 at 5:06PM
MLS# 10775084

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 multifamily investment property consists of 8 total units on 4.93 acres at 156 S Johnson Street in Newborn, GA. The configuration includes three duplexes with 2 bedrooms and 1 bath each, one mobile home with 3 bedrooms and 2 baths, and one farmhouse with 2 bedrooms and 1 bath. Overall, the property totals 17 bedrooms and 9 bathrooms.

Per the seller, upgrades have been made to multiple units, including new A/C, fresh paint, and LVP flooring. All units are currently tenant occupied, and the listing requests that tenants are not disturbed. A specific rent roll and additional property information are available upon request.

Showings are scheduled after an accepted offer during due diligence.

Key Highlights

  • Multi‑family with 8 total units on 5 acres in downtown Newborn
  • Unit mix: 3 duplexes (2BD/1BA), 1 mobile home (3BD/2BA), and 1 farmhouse (2BD/1BA)
  • Total of 17 bedrooms and 9 bathrooms across all units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Grocery & Convenience Store Bakery HVAC Service Accounting Firm

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

66
Businesses Nearby

Demographics for 30056, GA

2,685
Population
905
Households
3
Avg Household Size
41
Median Age
21%
College-Educated
86%
High-School Grad
43.8 sq mi
ZIP Area
61
Density / Sq Mi
$80,444
Median Household Income
$47,130
Median Earnings
$979
Median Rent
$272,200
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?
Apartment building - Eight tenant-occupied units include three duplexes plus a mobile home and farmhouse on 4.93 acres.
Where is this apartment building located?
The property is located at 156 S Johnson Street Newborn, GA.
What is the asking price?
The asking price for this property is $999,751.
What are key features of this property?
This property features: Multi‑family with 8 total units on 5 acres in downtown Newborn; Unit mix: 3 duplexes (2BD/1BA), 1 mobile home (3BD/2BA), and 1 farmhouse (2BD/1BA); Total of 17 bedrooms and 9 bathrooms across all units
More about this property
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