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Renovated Two-Home Multifamily Property
For Sale
$265,000

786 Horsley Mill Road, Carrollton, GA 30116

Residential Income, Carrollton, GA

Property SizeContact for details
Lot Size1.54 Acres
Days on Market11

Property Features for 786 Horsley Mill Road

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school Central
Middle school Central
High school Central
Subdivision 2-East Carroll County
Standard status Active
Lot size 1.54 Acres

Utilities

Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1936
Number of units 2
Building materials Vinyl Siding, Concrete
Listing Agency: Century 21 Novus Realty · Century 21 Real Estate
Listed By: Rettro Group · License #243643
Added: Sep 16 Last Checked: Sep 26 at 7:06PM
MLS# 152406

Copyright © 2026 West Metro Board of Realtors. 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 multifamily property includes two detached residences on 1.54 acres. The primary home, built in 1936, offers three bedrooms and two bathrooms and was substantially renovated approximately three years ago with updated electrical, plumbing, heating, air conditioning, and interior finishes. The work retained the character of the original farmhouse. A second residence provides two bedrooms and one-and-a-half bathrooms and received similar updates during the same period.

Each home has its own updated septic system, while public water serves the property. The main residence is occupied by a tenant, and the guest house is vacant. Exterior features include a yard with partial privacy fencing, vinyl siding, and concrete construction elements. The property is located on Horsley Mill Road in Carrollton, Georgia.

Key Highlights

  • Two separate homes on one 1.54‑acre parcel
  • Main home offers 3 bedrooms and 2 bathrooms
  • Guest house includes 2 bedrooms and 1.5 bathrooms

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Pharmacy Plumbing Service Garden Center Kitchen & Bath Showroom

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 30116, GA

24,497
Population
9,186
Households
2.7
Avg Household Size
38
Median Age
22%
College-Educated
82%
High-School Grad
104.9 sq mi
ZIP Area
234
Density / Sq Mi
$74,208
Median Household Income
$42,211
Median Earnings
$1,113
Median Rent
$222,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Multifamily property - Separate residences share one parcel with updated systems and an occupied main home.
Where is this multifamily property located?
The property is located at 786 Horsley Mill Road Carrollton, GA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Two separate homes on one 1.54‑acre parcel; Main home offers 3 bedrooms and 2 bathrooms; Guest house includes 2 bedrooms and 1.5 bathrooms
More about this property
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