750 Fleming Road
Elberton, GA, 30635 $ 1,000,000
Bedrooms-- Baths-- Sq 22,464 Monthly Estimate*
$ 6,907
for $1,000,000. This 22,464 square foot building was built in 1974 on a lot size of 3.2.
ATTENTION INVESTORS & DEVELOPERS! 24-UNIT MULTIFAMILY COMMUNITY WITH MAJOR VALUE-ADD & EXPANSION POTENTIAL! 24 UNITS | 3 BUILDINGS | 3.25 ACRES | LOW OCCUPANCY | SOLD AS-IS! BRING YOUR VISION AND UNLOCK THE POTENTIAL! An exceptional opportunity awaits investors, developers, and entrepreneurs seeking to acquire and reposition an existing multifamily community in Elberton, Georgia! Situated on approximately 3.25 acres, this property features THREE apartment buildings comprising 24 residential units with a desirable mix of one-, two-, and three-bedroom floor plans. With substantial value-add potential and additional acreage offering possibilities for future expansion, this property presents an exciting opportunity to create a customized, income-producing residential community. A BLANK CANVAS FOR YOUR NEXT INVESTMENT! The property is being offered AS-IS, with ownership working toward delivering the community with minimal occupancy, creating an opportunity for the next investor to renovate, reposition, and implement a new operational strategy with fewer existing tenancy obligations. Whether your investment strategy includes traditional multifamily rentals, affordable housing, workforce housing, sober living residences, transitional housing, or a specialized residential community, this property offers the existing infrastructure and flexibility to explore multiple business models, subject to applicable zoning and approvals. LOCATION IS KEY! Conveniently located minutes from Downtown Elberton, Athens Technical College's Elbert County Campus, and beautiful Lake Russell, with access to Interstate 85 and the South Carolina state line. THE OPPORTUNITY IS IN THE TRANSFORMATION! Acquire an existing 24-unit community, execute your renovation strategy, establish your own rental structure, and explore opportunities for future expansion-all within one investment! 24 DOORS. THREE BUILDINGS. 3.25 ACRES. UNLIMITED VISION. INVESTORS-THIS IS YOUR OPPORTUNITY TO RE-IMAGINE, REPOSITION, AND REVITALIZE AN ENTIRE MULTIFAMILY COMMUNITY! Property sold AS-IS. Buyer to verify zoning, permitted uses, development potential, property condition, and occupancy. Existing leases and tenant rights remain subject to applicable law. Listing Agent is part owner.
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air Fans Window Unit(s)
Utilities Cable Available Electricity Available High Speed Internet
Construction Materials Aluminum Siding Brick
Year Built 1974
Property Subtype Commercial
Tax Year 2026
County Elbert
New Construction false
Property Type Commercial Sale
Attached Garage false
Garage Y/N false
Status New
Directions take mineral springs road towards Fleming Road -apartments are on the corner
City Elberton
Lot Size Units Acres
Lot Size Square Feet 139392
Carport Y/N false
Tax Annual Amount 0
Property Condition Fixer
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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InteriorAir Conditioning Y/N true
Heating Y/N true
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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ExteriorParking Features Parking Lot
Lot Features Corner Lot
Water Source Public
Lot Size Area 3.2
Building Area Total 22464
Lot Size Acres 3.2
Lot Size Source Public Records
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* Excluded FeaturesList ByAnsley Re|Christie's Int'l ReBroker
stellacollins@ansleyre.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,907
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Elberton, GA
Average List Price $381,557
Percent of Sale Price 62%
About Elberton, GA 4,424 Population
-7% Since 2002
$ 32,340 Median Income
37.5 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/21/2026 | $1,000,000 | | Listed Price |