Renovated Duplex in
For Sale
$450,000
230 Varnes Lane, Lakemont, GA 30552
MULTI_FAMILY - Lakemont, GA
Lot Size3.00 Acres
Days on Market680
Property Features for 230 Varnes Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Driveway
Window features
Double Pane Windows
Lot features
Private
View
City
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
Ceiling Fan(s), Central Air
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
(770) 495-5050
Listed By:
Syed Firoz · License #419636
(770) 495-5050
Added: Sep 21, 2024
Changed: Jul 28
Last Checked: Aug 1 at 10:06AM
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.
Investment Insights
Based on property information with market context.
This renovated and upgraded duplex in Lakemont, Georgia, presents a great opportunity for both owner-occupiers and investors. Situated just off Highway 441 and minutes from Lake Rabun, the property offers convenient access to local amenities. The duplex features new metal roofing, new flooring, upgraded kitchens with granite countertops, and fresh paint throughout. Both units have an open floor plan, with the kitchen open to the living space and dining room, as well as laundry facilities. Each unit includes a master living area and bath, along with a guest bedroom and bath. Both sides are currently tenant-occupied and have electric interior heat and air units. Duplex A and Duplex B each generate $1200 per month, totaling $2400 per month in rental income. There is potential to increase the rent to the market rate of $1600 per unit. The property is zoned R3 and offers room for further development. The lot size is 3 acres.
Key Highlights
- Totally renovated and upgraded duplex with new metal roofing, flooring, kitchens, and paint.
- Excellent investment opportunity** with current total rent of $2400 per month and potential to increase to market rate of $1600 per unit.
- Zoned R3 with plenty of room for more development.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Upgraded duplex near Lake Rabun, ideal for investors.
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: Totally renovated and upgraded duplex with **new metal roofing, flooring, kitchens, and paint.**; Excellent investment opportunity** with current total rent of $2400 per month and potential to increase to market rate of $1600 per unit.; Zoned R3 with plenty of room for more development.
