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Renovated Duplex with Development Land
For Sale
$450,000

230 Varnes Lane, Lakemont, GA 30552

Residential Income, Lakemont, GA

Property SizeContact for details
Lot Size3.00 Acres
Days on Market771

Property Features for 230 Varnes Lane

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features Driveway
Window features Double Pane Windows
Lot features Private
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Elementary school Rabun County
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

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

Building Details

Year built 1986
Floors in Building 2
Number of units 2
Flooring type Carpet
Building materials HardiPlank Type
Roof type Metal
Listing Agency: Virtual Properties Realty.com
Listed By: Syed Firoz · License #419636
Added: Sep 21, 2024 Changed: Oct 16 Last Checked: Oct 31 at 1:06PM
MLS# 7459293

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This duplex, built in 1986, has undergone extensive updates including a metal roof, flooring, deck, paint, granite countertops, and upgraded kitchens. Each unit features an open arrangement connecting the kitchen, living area, and dining room, along with laundry space, a primary living area and bath, and a guest bedroom and bath. Electric interior heating and air-conditioning units serve both sides.

The property is situated on 3 acres and is zoned R3, with room for additional development. Both units are currently tenant occupied. The setting provides convenient access to Highway 441 and is located minutes from Lake Rabun. Public water and sewer serve the property, while natural gas is available. Driveway parking is provided.

Key Highlights

  • Renovated duplex on 3 acres with R3 zoning
  • Updates include metal roofing, flooring, deck, paint, granite, and upgraded kitchens
  • Two open‑plan units with kitchen, living, dining, and laundry areas

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

46
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - R3-zoned duplex with updated interiors, separate open-plan units, and current tenant occupancy.
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: Renovated duplex on 3 acres with R3 zoning; Updates include metal roofing, flooring, deck, paint, granite, and upgraded kitchens; Two open‑plan units with kitchen, living, dining, and laundry areas
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