Residential Income Triplex with Hwy
416 Highway 9 S Dawsonville, GA 30534
For Sale
$430,000
COMMERCIAL - Dawsonville, GA
Property Size2,880 SF
Lot Size1.05 Acres
Price / SF$149.31
Days on Market135
Property Features for 416 Highway 9 S
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Standard status
Active
APN
D04 010
Size
2,880 SF
Lot size
1.05 Acres
Taxes and HOA fees
Tax Year
24
Tax Annual Amount
2652
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1938
Building materials
Brick
Listing Agency:
Norton Commercial Acreage Group
(770) 297-4800
Listed By:
Jason Mamrick
(404) 268-0280
Added: Mar 16
Changed: Jun 24
Last Checked: Jul 28 at 5:06AM
MLS# 10740606
Copyright © 2026 Georgia Multiple Listing Service. 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 property is a triplex-style residential income building featuring three separate units. The layout includes a 2-bedroom, 1-bath upper-level apartment, a 2-bedroom, 2-bath basement unit, and a studio apartment above the detached garage. The arrangement provides multiple ways to structure occupancy, whether as full-time rentals, a mix of rental and owner use, or guest accommodations.
Located at 416 Highway 9 S in Dawsonville, the property has direct access to Highway 9 South. The site is adjacent to a planned 114-townhome development and is near a proposed downtown expansion plan, placing it within an area of anticipated residential growth and redevelopment. The parcel size is 1.05 acres and the property size is 2,880 square feet.
While the property is currently zoned residential, it may align with buyers looking for a small-scale live/work concept or with plans to evaluate suitable commercial or mixed-use directions for the site. The existing independent units can also support an owner-occupant strategy, such as occupying one unit while generating rental income from the others, depending on the buyer’s intended use and goals.
Located at 416 Highway 9 S in Dawsonville, the property has direct access to Highway 9 South. The site is adjacent to a planned 114-townhome development and is near a proposed downtown expansion plan, placing it within an area of anticipated residential growth and redevelopment. The parcel size is 1.05 acres and the property size is 2,880 square feet.
While the property is currently zoned residential, it may align with buyers looking for a small-scale live/work concept or with plans to evaluate suitable commercial or mixed-use directions for the site. The existing independent units can also support an owner-occupant strategy, such as occupying one unit while generating rental income from the others, depending on the buyer’s intended use and goals.
Key Highlights
- Brick property built in 1938 with natural gas heating and central air
- Three separate residential units: 2BR/1BA upper apartment, 2BR/2BA basement unit, and a studio above the detached garage
- Parking lot on‑site
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 | $75.0k | $26.04 |
| − Vacancy | −$4.6k | −$1.61 |
| EGI | $70.3k | $24.43 |
| − OpEx | −$31.7k | −$10.99 |
| NOI | $38.7k | $13.43 |
2,880 SF · lease $26.04/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$597.8K
$523.1K – $697.4K
NOI $41,846 @ 7.0% cap · market cap 9.73%
Second Best
Apartment 5plus
$552.7K
$483.6K – $644.8K
NOI $38,690 @ 7.0% cap · market cap 9.00%
Theoretical Best
Office A
$805.1K
$704.4K – $939.3K
NOI $56,355 @ 7.0% cap · market cap 13.11%
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?
Triplex - Three-unit triplex with direct Highway 9 S access, offering flexible residential income and live/work versatility.
Where is this triplex located?
The property is located at 416 Highway 9 S Dawsonville, GA.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Brick property built in 1938 with natural gas heating and central air; Three separate residential units: 2BR/1BA upper apartment, 2BR/2BA basement unit, and a studio above the detached garage; Parking lot on‑site
