Multi-Family Income Property with
For Sale
$879,000
Pending
342 Brown Bridge, Auburn, GA 30011
Residential Income, Auburn, GA
Property Size5,408 SF
Lot Size8.89 Acres
Days on Market218
Property Features for 342 Brown Bridge
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
004
Bedrooms
10
Bathrooms
5
Full bathrooms
7
Rooms
Bathroom 4, Bedroom 5, Bathroom 5, Bathroom 6, Bathroom 7, Bedroom 3, Bedroom 1, Bedroom 6, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 8, Bedroom 10, Bathroom 3, Bedroom 9, Bedroom 7, Bathroom 1
Parking features
Off Street
Patio and Porch features
Patio
Fencing
Privacy
Fireplace
1
Appliances
Dishwasher, Electric Water Heater, Oven, Range
Lot features
Garden, Level, Wooded
Directions
Take I-85 N to GA-316 E. Continue on GA-316 E and turn left onto Harbins Rd (this road eventually becomes Carl Cedar Hill Rd). Turn right onto Atlanta Hwy (US-29 N). Take an immediate left onto Carl-Bethlehem Rd. Turn right onto Brown Bridge Rd. Continue until you reach 342 Brown Bridge Rd.
Standard status
Pending
APN
XX039A-034
Size
5,408 SF
Lot size
8.89 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
XX
Tax Annual Amount
5342
Legal Description
XX
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
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
Listing Agency:
Keller Williams Greater Athens · Keller Williams Realty
(706) 316-2900
Listed By:
Brittany Powers · License #406237
(404) 390-8623
Added: Mar 27
Changed: Oct 25
Last Checked: Oct 30 at 7:06PM
MLS# CL352140
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.
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Investment Insights
Based on property information with market context.
This multi-family income property features three separate dwellings on 8.89 acres: two duplexes, each with 2 bedrooms and 1 full bathroom, plus one single-family home with 3 bedrooms and 3 full bathrooms. The existing units are occupied by long-term tenants, offering immediate, consistent rental income.
The property is located at 342 Brown Bridge in Auburn, GA 30011, and is described as convenient to University Pkwy 316 and just a short drive to the heart of Auburn. Zoning is listed as 004. An additional land parcel (6+ acres) is available to be purchased as part of a package deal under XX039A 035.
The property is located at 342 Brown Bridge in Auburn, GA 30011, and is described as convenient to University Pkwy 316 and just a short drive to the heart of Auburn. Zoning is listed as 004. An additional land parcel (6+ acres) is available to be purchased as part of a package deal under XX039A 035.
Key Highlights
- Spans 8+ acres with multiple dwellings: two duplexes (2BD/1BA each) plus one single‑family home (3BD/3 full BA)
- All units have long‑term tenants in place for immediate rental income
- 1987‑built home(s) with vinyl and wood siding and a composition roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,578
Cap Rate
8.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,571,560
$1.6M
Cap Rate 7%
$1,122,543
$1.1M
Cap Rate 9%
$873,089
$873.1K
Market Conditions
NOI Build-Up for 5,408 SF
Gross rent
$120.1K $22.20/SF
− Vacancy
−$7.8K −$1.44/SF
EGI
$112.3K $20.76/SF
− OpEx
−$33.7K −$6.23/SF
NOI
$78.6K $14.53/SF
Area
Barrow County, GA
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,571,560
Cap Rate 7%
$1,122,543
Cap Rate 9%
$873,089
Alternative Uses
Best Use
Multifamily LT 5
$1.12M
$982.2K – $1.31M
NOI $78,578 @ 7.0% cap · market cap 8.94%
Second Best
Apartment 5plus
$1.04M
$908.1K – $1.21M
NOI $72,651 @ 7.0% cap · market cap 8.27%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,822 @ 7.0% cap · market cap 12.04%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Explore this area
Business Placement
Demographics for 30011, GA
18,827
Population
7,039
Households
2.7
Avg Household Size
36
Median Age
28%
College-Educated
89%
High-School Grad
26.9 sq mi
ZIP Area
700
Density / Sq Mi
$84,776
Median Household Income
$42,207
Median Earnings
$1,489
Median Rent
$287,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Property includes two duplexes and one single-family home, with long-term tenants already in place.
Where is this duplex located?
The property is located at 342 Brown Bridge Auburn, GA.
What is the asking price?
The asking price for this property is $879,000.
What are key features of this property?
This property features: Spans 8+ acres with multiple dwellings: two duplexes (2BD/1BA each) plus one single‑family home (3BD/3 full BA); All units have long‑term tenants in place for immediate rental income; 1987‑built home(s) with vinyl and wood siding and a composition roof
