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Cedartown 8-Unit Apartment Building
For Sale
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616 N College Drive, Cedartown, GA 30125

8-unit apartment building in Cedartown, GA. Each unit: 2BR/1BA.

Property SizeContact for details
Days on Market164

Property Features for 616 N College Drive

General Information

Standard status Active
Property subtype Mixed Use
Zoning R-1
Listing Agency: Dempsey Auction Company
Listed By: Lou Dempsey · License #4921
Source: Crexi
Added: Mar 12 Changed: Aug 8 Last Checked: Aug 8 at 6:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dempsey Auction Company

Investment Insights

Based on property information with market context.

The property is an 8-unit brick apartment building located at 616 N College Dr, Cedartown, GA 30125. Each unit features 2 bedrooms and 1 bath. The property is situated within the Cedartown School District. All utilities are combined. The monthly rent is $8,605, and the 2025 taxes are $3,754. The property is part of a multi-parcel auction including triplexes, duplexes, single-family homes, and other multi-family apartment buildings. The auction will take place on Thursday, March 26, 2026, at 2:00 pm at The Exchange, located at 232 Glenn Milner Blvd, Rome, GA. Bidding will be available live and online. A 10% down payment is required on the sale day, with the balance due within 30 days. A 10% buyer's premium will be applied to all purchases. Closing is to occur on or before 30 days from the sale date.

Key Highlights

  • 8‑unit brick apartment building in Cedartown, GA
  • Each unit offers 2 bedrooms and 1 bath
  • Monthly Rent: $8,605

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Spa & Massage Center Restaurant Garden Center

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

Location Intelligence

Trade Area within ½ mile

70
Businesses Nearby

Demographics for 30125, GA

24,607
Population
9,562
Households
2.6
Avg Household Size
38
Median Age
14%
College-Educated
82%
High-School Grad
182.2 sq mi
ZIP Area
135
Density / Sq Mi
$55,719
Median Household Income
$36,788
Median Earnings
$843
Median Rent
$160,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - 8-unit apartment building in Cedartown, GA. Each unit: 2BR/1BA.
Where is this apartment building located?
The property is located at 616 N College Drive Cedartown, GA.
What is the asking price?
The asking price for this property is $417,159.
What are key features of this property?
This property features: 8‑unit brick apartment building in Cedartown, GA; Each unit offers 2 bedrooms and 1 bath; Monthly Rent: $8,605
(706) 291-0747 Call to check price and availability
More about this property
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