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Renovated Triplex
For Sale
$499,000

228 Varnes Lane, Lakemont, GA 30552

Residential Income, Lakemont, GA

Property SizeContact for details
Lot Size0.37 Acres
Days on Market49

Property Features for 228 Varnes Lane

General Information

Property type Residential Multi Family
Property subtype Triplex
Elementary school Rabun
Middle school Rabun
High school Rabun
Directions PLEASE USE GPS
Standard status Active
APN 046B 005A
Lot size 0.37 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 941

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Building Details

Year built 1962
Floors in Building 2
Number of units 3
Building materials Brick
Listing Agency: Virtual Properties Realty.com
Listed By: Syed Firoz · License #419636
Added: Jul 21 Changed: Aug 19 Last Checked: Sep 7 at 12:06PM
MLS# 10809504

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 brick triplex contains 3 rented units and has undergone extensive interior and exterior updates. Improvements include new flooring, upgraded kitchens with granite, fresh interior paint, and a new deck. Central heating, central air, and ceiling fans serve the property, with public water and public sewer in place. Built in 1962, the property occupies 0.37 acres.

The property is located just off Highway 441 in Lakemont, with Lake Rabun a short distance away. It is currently zoned R3 and offers a three-unit residential income configuration with existing rental occupancy.

Key Highlights

  • 3 rented units in a triplex configuration
  • 0.37‑acre property zoned R3
  • Renovated with new flooring, upgraded kitchens, granite, paint, and a new deck

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Building Supply Storage Facility Catering Service Skin Care Clinic Big Box & Wholesale Store Real Estate Agency

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

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

45
Businesses Nearby

Demographics for 30552, GA

1,717
Population
1,686
Households
1
Avg Household Size
53
Median Age
30%
College-Educated
94%
High-School Grad
55.7 sq mi
ZIP Area
31
Density / Sq Mi
$58,417
Median Household Income
$41,141
Median Earnings
$1,139
Median Rent
$282,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residential property with upgraded kitchens, new flooring, and a new deck in an R3-zoned setting.
Where is this triplex located?
The property is located at 228 Varnes Lane Lakemont, GA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 3 rented units in a triplex configuration; 0.37‑acre property zoned R3; Renovated with new flooring, upgraded kitchens, granite, paint, and a new deck
More about this property
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