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    Income-Producing Multifamily Property on Acreage Title is generated by Realmo AI

    342 Brown Bridge, Auburn, GA 30011

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    Claim this Listing
    For Sale
    $925,000

    MULTI_FAMILY - Other - Auburn, GA

    Property size:
    5,408 SF
    Lot size:
    21.00 Acres
    Price / SF:
    $171/SF
    Added:
    Mar 27, 2026
    Days on Market:
    81
    Last Refresh:
    Jun 15 at 8:06 am

    Property Features for 342 Brown Bridge

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    004
    Bedrooms
    10
    Bathrooms
    5
    Rooms
    Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 9, Bathroom 6, Bathroom 4, Bedroom 7, Bathroom 7, Bedroom 8, Bathroom 3, Bedroom 10, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 5
    Parking features
    Off Street
    Patio and Porch features
    Patio
    Fencing
    Privacy
    Fireplace
    1
    Appliances
    Dishwasher, Electric Water Heater, Oven, Range
    Standard status
    Active
    APN
    XX039A-034
    Size
    5,408 SF
    Lot size
    21.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    XX
    Tax Annual Amount
    5342

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Central, Electric (Heating)
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    1987
    Floors in Building
    1
    Number of units
    5
    Flooring type
    Vinyl
    Building materials
    Vinyl Siding, Wood Siding
    Roof type
    Composition
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Brittany Powers
    Brittany Powers

    Listing agent Brittany Powers License #406237

    Listing office Keller Williams Greater Athens 1361 Jennings Mill Rd,#101, Watkinsville, GA

    Listing date Mar 27, 2026

    MLS# CL352140 Listing URL

    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.

    HighLights

    • 8+ acres with multiple dwellings: two duplexes (2BD/1BA each) and one single‑family home (3BD/3 full baths)
    • Long‑term tenants in place in each unit, providing immediate rental income
    • Central heating and central air cooling (electric) plus an electric water heater
    • Appliances include dishwasher, oven, and range
    • Privacy fencing and a patio, with off‑street parking
    • Built in 1987; public water and septic tank; composition roof

    Overview

    This unique property, situated on over 8 acres, features two duplexes, each with two bedrooms and one bathroom, and a single-family home with three bedrooms and three full bathrooms. The property offers multiple income streams, with long-term tenants already in place, providing immediate and consistent cash flow. The dwellings are spread across the acreage, offering a balance of privacy for tenants while remaining easy to manage as a single investment. Located a short drive from the heart of Auburn and convenient to University Parkway 316, the property combines a quiet country setting with easy access to shopping, dining, and commuter routes. This property is suitable for expanding a rental portfolio or securing a long-term income-producing asset. An additional land parcel of over 6 acres is available as a package deal.

    Local Financial Insights For Apartment 5plus

    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 $140.8k $26.04
    − Vacancy −$8.7k −$1.61
    EGI $132.1k $24.43
    − OpEx −$59.4k −$10.99
    NOI $72.7k $13.43
    5,408 SF · lease $26.04/SF/yr · vacancy 6.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.04M
    $908.1K – $1.21M (±1% cap)
    NOI $72,651 @ 7.0% cap · market cap 7.85%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.51M
    $1.32M – $1.76M (±1% cap)
    NOI $105,822 @ 7.0% cap · market cap 11.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Restaurant Kitchen & Bath Showroom HVAC Service Furniture & Home Goods Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Barrow
    State
    Georgia
    Longitude
    -83.834824
    Latitude
    33.99128

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    FAQs

    What type of property is this?
    Multifamily property - Unique investment property with multiple income streams and long-term tenants.
    Where is this multifamily property located?
    The property is located at 342 Brown Bridge Auburn, GA.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: 8+ acres with multiple dwellings: two duplexes (2BD/1BA each) and one single‑family home (3BD/3 full baths); Long‑term tenants in place in each unit, providing immediate rental income; Central heating and central air cooling (electric) plus an electric water heater
    (404) 390-8623
    We can help!
    Listing Contact
    Brittany Powers
    Brittany Powers
    Real Estate License ID: 406237
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