Winder Duplex Investment
294 Cedar Creek Road Winder, GA 30680
For Sale
$1,850,000
Pending
MULTI_FAMILY - Winder, GA
Property Size7,908 SF
Lot Size4.56 Acres
Days on Market154
Property Features for 294 Cedar Creek Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
18
Bathrooms
12
Rooms
Bedroom 4, Bedroom 5, Bathroom 12, Bedroom 12, Bedroom 1, Bathroom 9, Bedroom 3, Bathroom 3, Bedroom 7, Bathroom 1, Bathroom 11, Bedroom 18, Bedroom 16, Bedroom 6, Bedroom 8, Bathroom 2, Bedroom 10, Bathroom 6, Bathroom 8, Bedroom 11, Bedroom 17, Bathroom 10, Bathroom 4, Bathroom 7, Bedroom 13, Bedroom 2, Bathroom 5, Bedroom 14, Bedroom 9, Bedroom 15
Patio and Porch features
Porch
Exterior features
Courtyard
Appliances
Some Electric Appliances, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator
Standard status
Pending
APN
XX064 094A
Size
7,908 SF
Lot size
4.56 Acres
Taxes and HOA fees
Tax Description
HIGHWAY 211 NW
Utilities
Sewer type
Septic Tank
Heating system
Central, Electric (Heating), Heat Pump (Heating)
Cooling system
Central Air, Heat Pump, Electric
Water source
Public
Building Details
Year built
2023
Floors in Building
1
Number of units
6
Building materials
Brick, HardiPlank Type
Roof type
Composition
Additional Structures
Gazebo
Listing Agency:
RAC Properties of Athens, Inc.
(706) 355-3178
Listed By:
Ellen West · License #407755
(678) 243-8187
Added: Feb 25
Changed: Jul 9
Last Checked: Jul 29 at 11:06PM
MLS# CL350026
Copyright © 2026 Hive MLS. 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 is an investment opportunity in Barrow County, featuring three duplexes connected at the garage and constructed in 2023. The property is situated on 4.56 private acres in a cul-de-sac. Each unit features 3 bedrooms and 2 bathrooms, along with a 2-car garage. The units have an open layout with LVP flooring, a living and dining area, and a kitchen equipped with stainless steel appliances, granite countertops, and a breakfast nook. A laundry closet is located adjacent to the kitchen. Each home includes a primary suite with an ensuite bath. Residents have access to a private back porch. The property is located in Winder, close to Barrow County amenities. The property is currently rented at $2,000 per unit.
Key Highlights
- Turnkey Investment: Three 2023‑built duplexes offer immediate income potential.
- Strong Rental Income: Each unit currently rents for $2,000, providing substantial returns.
- Desirable Features: Each unit has 3 beds, 2 baths, 2‑car garage, stainless steel appliances, granite countertops, and LVP flooring.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $175.6k | $22.20 |
| − Vacancy | −$11.4k | −$1.44 |
| EGI | $164.1k | $20.76 |
| − OpEx | −$49.2k | −$6.23 |
| NOI | $114.9k | $14.53 |
7,908 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.64M
$1.44M – $1.92M
NOI $114,902 @ 7.0% cap · market cap 6.21%
Second Best
Apartment 5plus
$1.52M
$1.33M – $1.77M
NOI $106,236 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$2.21M
$1.93M – $2.58M
NOI $154,741 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Three duplexes built in 2023 on 4.56 acres.
Where is this duplex located?
The property is located at 294 Cedar Creek Road Winder, GA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Turnkey Investment: Three 2023‑built duplexes offer immediate income potential.; Strong Rental Income: Each unit currently rents for $2,000, providing substantial returns.; Desirable Features: Each unit has 3 beds, 2 baths, 2‑car garage, stainless steel appliances, granite countertops, and LVP flooring.
