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    3494 Ga Highway 85 E Manchester, GA 31816

    New
    For Sale
    $455,000

    Six fully occupied units, immediate cash flow, prime location.

    Lot size:
    0.86 Acres

    Property Features for 3494 Ga Highway 85 E

    General Information

    Interior features
    Interior Feature 1, : "Ceiling Fan(s)", "Interior Feature 2": "Central", "Interior Feature 3": "Central Air"
    Exterior features
    exterior_features, : ["Cable Available", "Electricity Available", "Natural Gas Available", "Phone Available", "Underground Utilities", "Water Available", "Composition", "Metal"]
    Lot size
    0.86 Acres

    Building Details

    Year built
    1970

    Source: Pend Realty Agent First MLS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Multifamily Investment Opportunity

    This portfolio features three brick duplexes, comprising six total units, situated in a prime location within walking distance to shops and downtown. All units are fully leased with long-term tenants, providing immediate cash flow. The property includes four units with 2 beds and 1 bath, and two units with 1 bed and 1 bath. Each unit is equipped with HVAC and washer/dryer hookups. The buildings feature durable four-sided brick construction. Recent updates include a new metal roof on the center duplex (Unit B). Ample parking is available, and a storage shed is included for convenience. This is a stabilized, income-generating multi-family property in a high-demand location.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Gym & Fitness Electrical Service Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Meriwether
    State
    Georgia
    Longitude
    -84.598598
    Latitude
    32.889047

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    FAQs

    What type of property is this?
    Duplex - Six fully occupied units, immediate cash flow, prime location.
    Where is this duplex located?
    The property is located at 3494 Ga Highway 85 E Manchester, GA.
    What is the asking price?
    The asking price for this property is $455,000.
    What are key features of this property?
    This property features: - Turnkey investment: 6 fully occupied units providing immediate cash flow.; - Prime location: Walking distance to shops and downtown.; - Durable construction: All brick duplexes.
    Request Owner's contact information
    3494 Ga Highway 85 E Manchester, GA 31816
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    Manchester, GA 31816
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3494 Ga Highway 85 E Manchester, GA 31816
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