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Fourplex Building with Utilities Roughed-In
For Sale
$200,000
Pending

57 Mill Street, Cave Spring, GA 30124

Residential Income, Cave Spring, GA

Property SizeContact for details
Lot Size0.28 Acres
Days on Market48

Property Features for 57 Mill Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Property condition Under Construction
Parking 8
Parking features Off Street
Elementary school Cave Spring
Middle school Coosa
High school Coosa
Directions USE GPS
Standard status Pending
APN E19X 285
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 25
Tax Annual Amount 1661

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric
Water source Public

Building Details

Year built 2010
Floors in Building 2
Number of units 4
Building materials Vinyl Siding
Listing Agency: Southern Home Real Estate
Listed By: Windy Gamel · License #259091
Added: Jul 3 Changed: Aug 19 Last Checked: Aug 19 at 7:06PM
MLS# 10798570

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 for-sale fourplex building is dried in with utilities roughed in. The layout is designed for four independent two-bed, one-bath apartments/condos, with two units on the main level and two units on the upper level. Building materials currently located inside are included with the sale, and the property is being offered as a completion-ready structure.

The property is located at 57 Mill Street in Cave Spring, GA 30124. It sits across from Cave Spring’s Park and is within walking distance to downtown, near historic Rolator Park.

For buyers and developers looking for a small multifamily project, the unit mix and interior materials included can support a straightforward path to completion under the current configuration. The seller requires 48 hours to respond to all offers and accepts an LOI. Earnest money must be at least 1% of the purchase price, and all offers must include a foreclosure addendum. The closing attorney is The Fryer Law Firm.

Key Highlights

  • Under construction fourplex with all utilities roughed in and building dried in
  • Each unit is a 2 bed, 1 bath apartment/condo; 2 units on main level and 2 on upper level
  • Estimated income potential of $1,200–$1,500 per unit when completed

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Auto Repair Shop HVAC Service Auto Parts Store Furniture & Home Goods Bakery Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

127
Businesses Nearby

Demographics for 30124, GA

3,035
Population
1,291
Households
2.4
Avg Household Size
46
Median Age
19%
College-Educated
85%
High-School Grad
60.0 sq mi
ZIP Area
51
Density / Sq Mi
$75,365
Median Household Income
$41,676
Median Earnings
$1,041
Median Rent
$204,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Fourplex dried-in structure with two-bed, one-bath units and utilities roughed in for completion.
Where is this quadplex located?
The property is located at 57 Mill Street Cave Spring, GA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Under construction fourplex with all utilities roughed in and building dried in; Each unit is a 2 bed, 1 bath apartment/condo; 2 units on main level and 2 on upper level; Estimated income potential of $1,200–$1,500 per unit when completed
More about this property
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