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Tenant-Occupied 5-Unit Apartment Building

550 Waleska Road, Canton, GA 30114

For Sale
$799,000

Residential Income, Canton, GA

Property SizeContact for details
Lot Size0.17 Acres
Days on Market616

Property Features for 550 Waleska Road

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school R. M. Moore
Middle school Teasley
High school Cherokee
Directions Use GPS
Standard status Active
APN 91N04 007
Lot size 0.17 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2024
Tax Description LL 168; 14TH D
Tax Annual Amount 4528
Legal Description LL 168; 14TH D

Utilities

Utilities Water Available
Sewer type Public Sewer
Water source Public

Building Details

Year built 1952
Floors in Building 2
Number of units 5
Roof type Composition
Listing Agency: ERA Sunrise Realty · ERA Real Estate
Listed By: Andy Garrison · License GA #127716
Added: Mar 6, 2025 Changed: Nov 4 Last Checked: Nov 11 at 2:06PM
MLS# 7536433

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This five-unit apartment property includes five two-bedroom, one-bathroom residences, all occupied by tenants. Built in 1952, the property sits on a 0.17-acre lot and has a composition roof.

Located at 550 Waleska Road in Canton, Georgia, the property is near shopping, dining, and major highways. Public water and public sewer serve the site, with water listed as available. The existing tenant occupancy and consistent unit configuration provide a straightforward multifamily profile for an owner seeking an apartment asset with established residents.

Key Highlights

  • Five‑unit apartment building with all units configured as 2‑bedroom, 1‑bathroom residences
  • All units are currently tenant‑occupied
  • 0.17‑acre lot in Canton, GA

Property Analytics

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Lease Details

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

795
Businesses Nearby

Demographics for 30114, GA

59,139
Population
22,259
Households
2.7
Avg Household Size
37
Median Age
35%
College-Educated
87%
High-School Grad
95.2 sq mi
ZIP Area
621
Density / Sq Mi
$97,684
Median Household Income
$47,257
Median Earnings
$1,654
Median Rent
$408,800
Median Home Value
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Occupied residences offer a multifamily configuration with public water and sewer service.
Where is this apartment building located?
The property is located at 550 Waleska Road Canton, GA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Five‑unit apartment building with all units configured as 2‑bedroom, 1‑bathroom residences; All units are currently tenant‑occupied; 0.17‑acre lot in Canton, GA
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