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Renovated Duplex in Lakemont, GA
For Sale
$450,000

230 Varnes Lane, Lakemont, GA 30552

Residential Income, Lakemont, GA

Property SizeContact for details
Lot Size3.00 Acres
Days on Market699

Property Features for 230 Varnes Lane

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Elementary school Rabun County Primary/Elementar
Middle school Rabun County
High school Rabun County
Directions PLEASE USE GPS
Standard status Active
APN 046B 005
Lot size 3.00 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 1449

Utilities

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

Building Details

Year built 1986
Floors in Building 2
Number of units 2
Building materials Block, Wood Siding
Listing Agency: Virtual Properties Realty.com
Listed By: Syed Firoz · License #419636
Added: Sep 21, 2024 Changed: Aug 19 Last Checked: Aug 20 at 5:06PM
MLS# 10382518

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 renovated and upgraded duplex in Lakemont, GA, presents a great opportunity for both owner-occupiers and investors. Located just off Highway 441 and minutes from Lake Rabun, the property offers convenient access to local amenities. The duplex features a new metal roof, new flooring, upgraded kitchens with granite countertops, and fresh paint. Zoned R3, the 3-acre lot offers potential for further development. Currently, both sides of the duplex are tenant-occupied, with each unit paying $1200 per month, totaling $2400 monthly. The market rate is $1600, indicating the potential to increase rents.

Key Highlights

  • Fully renovated and upgraded duplex with new metal roofing, flooring, kitchens, and paint.
  • Excellent investment opportunity with current total rental income of $2400/month and potential to increase to market rate of $1600 per unit.
  • Zoned R3 with room for further development.

Property Analytics

Current Use

Duplexes

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.

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?
Duplex - Upgraded duplex near Lake Rabun, ideal for investors/owner-occupiers.
Where is this duplex located?
The property is located at 230 Varnes Lane Lakemont, GA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Fully renovated and upgraded duplex with new metal roofing, flooring, kitchens, and paint.; Excellent investment opportunity with current total rental income of $2400/month and potential to increase to market rate of $1600 per unit.; Zoned R3 with room for further development.
More about this property
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