Residential Income

Lakemont, GA Residential Income Properties for Sale

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Lakemont Multifamily Investment Opportunity
Updated: Oct 1, 2024
Lakemont Multifamily Investment Opportunity

240 Varnes Lane, Lakemont, GA 30552

$1,500,000
10.00 AC lot
Multi‑family zoned property with 10 units across 7 buildings, providing immediate rental income
Current income of $10,500, offering potential for the property to pay for itself
Total of 10 acres allows for future expansion and development opportunities
Diverse mix of unit types: triplex, duplex, mobile homes, studio cottages, and a cabin
Convenient location off Hwy 441 in Lakemont, approximately 5 miles from Clayton, Georgia
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Lakemont Multifamily Investment Opportunity
Updated: Oct 1, 2024
Lakemont Multifamily Investment Opportunity

240 Varnes Lane, Lakemont, GA 30552

$1,500,000
10.00 AC lot
Multi‑family zoned property with 10 units across 7 buildings, providing immediate rental income.
Current rental income of $10,500, offering a potential for the property to pay for itself.
Total of 10 acres (4 acres + 6 additional acres) allows for future expansion and development.
Diverse mix of unit types: triplex, duplex, mobile homes, studio cottages, and a cabin.
Convenient location off Hwy 441 in Lakemont, approximately 5 miles to Clayton, Georgia.
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Renovated Duplex in Lakemont
Renovated Duplex in Lakemont

230 Varnes Lane, Lakemont, GA 30552

$450,000
3.00 AC lot

Upgraded duplex near Lake Rabun, ideal for investors.

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Renovated Duplex in Lakemont, GA
Renovated Duplex in Lakemont, GA

230 Varnes Lane, Lakemont, GA 30552

$450,000
3.00 AC lot

Upgraded duplex near Lake Rabun, ideal for investors/owner-occupiers.

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Renovated Multifamily Property in Lakemont
Renovated Multifamily Property in Lakemont

228 Varnes Lane, Lakemont, GA 30552

$499,000
0.37 AC lot

Upgraded triplex in Lakemont, Georgia, near Lake Rabun.

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Multifamily Investment Opportunity
Multifamily Investment Opportunity

240-0 Varnes Lane, Lakemont, GA 30552

$2,700,000
10.00 AC lot

Multifamily property with 21 units across three listings.

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Lakemont Triplex: Renovated Investment Opportunity
Lakemont Triplex: Renovated Investment Opportunity

228 Varnes Lane, Lakemont, GA 30552

$499,000
0.37 AC lot

Renovated Lakemont triplex near Lake Rabun, ideal for investors.

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Lakemont Multifamily Investment Opportunity
Lakemont Multifamily Investment Opportunity

240-0 Varnes Lane, Lakemont, GA 30552

$2,700,000

Multifamily property with 21 units, currently tenant occupied.

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Multifamily Investment Opportunity
Multifamily Investment Opportunity

240-0 Varnes Lane Lane, Lakemont, GA 30552

$2,700,000

21 units across three properties. Tenant occupied. Multifamily zoning.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 9 Active listings in Lakemont, GA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Highway Frontage Mixed-Use Property
Highway Frontage Mixed-Use Property

4772 Highway 441 N, Rabun Gap, GA 30568

$1,600,000
2,100 sqft · 5.66 AC lot

5.66 acre property with retail space and apartments.

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Three-Home Income Property
Three-Home Income Property

31 Creekside Lane, Clayton, GA 30525

$525,000
2.29 AC lot

Three homes on one parcel with multiple income-use options, plus outbuildings and a workshop/garage.

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Highway Frontage Mixed-Use Property
Highway Frontage Mixed-Use Property

4772 Highway 441 N, Rabun Gap, GA 30568

$1,600,000
5.66 AC lot

5.66 acre mixed-use property with retail and residential income.

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Clayton Development Opportunity
Clayton Development Opportunity

624 Highway 76 East, Clayton, GA 30525

Contact for pricing
5.66 AC lot

5.66 acres near downtown Clayton with development potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

142 Acres Near Lake Rabun
142 Acres Near Lake Rabun

11094 Old 441 S, Lakemont, GA 30552

$1,950,000
142.00 AC lot

142+/- acres near Lake Rabun, perfect for development or dream home.

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Lakemont Land Near Lake Rabun
Lakemont Land Near Lake Rabun

11094 Old 441 S, Lakemont, GA 30552

$1,950,000
142.00 AC lot

142+/- acres near Lake Rabun, perfect for development or dream home.

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142 Acres Near Lake Rabun
142 Acres Near Lake Rabun

11094 Old 441 S, Lakemont, GA 30552

$1,950,000
142.00 AC lot

142+/- acres near Lake Rabun, perfect for development or dream home.

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Residential Land Near Tallulah Falls
Residential Land Near Tallulah Falls

361 Vista Dell Lane, Tallulah Falls, GA 30573

$205,000
6.88 AC lot

6.88-acre residential lot near Clayton, Lake Rabun, and Tallulah River.

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Off-Market Properties in Lakemont, GA

Consider similar Off-Market properties in Lakemont, GA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

240-0 Varnes Ln
Land

240-0 Varnes Ln, Lakemont, GA 30552

Value Estimation by Request
10.00 AC lot
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Lakemont, GA Residential Income Properties Market Trends and Statistics

Explore 10 residential income properties for sale in Lakemont, GA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $12,998,000.

Sale prices for residential income properties in Lakemont, GA start at $450,000, averaging $1,444,222, and reaching up to $2,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 9
Duplexes 3
Triplexes 3
Apartment buildings 2
Mobile home & RV parks 2

Demographics Overview

Population 1,834
Population Growth (5Y) +1.6%
Median Household Income $58,417
College Educated 39.5%

High-Yield Neighborhoods for Investment

Identify Lakemont submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
30552 $1.3M

Taxes & Financing

Tax Rate (average for all types) 1.83%
Property Tax per SF $53.97 per SF
Tax Rate vs County Average 0.38 pp below county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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