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284 Newnan Street Franklin, GA $ 515,000
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$ 515,000 Get more info
284 Newnan Street
$ 515,000
Back to search
Share Save

284 Newnan Street

Franklin, GA, 30217
$ 515,000
Baths0.0

Monthly Estimate*

$ 3,213

284 Newnan Street, Franklin, GA 30217 - Image 1
284 Newnan Street, Franklin, GA 30217 - Image 2
284 Newnan Street, Franklin, GA 30217 - Image 3
284 Newnan Street, Franklin, GA 30217 - Image 4
284 Newnan Street, Franklin, GA 30217 - Image 5
284 Newnan Street, Franklin, GA 30217 - Image 6
284 Newnan Street, Franklin, GA 30217 - Image 7
Studio

Multi-Family Home for sale in Franklin, GA

for $515,000. This home was built in 1910 on a lot size of 1.45.

284 Newnan Street is a five-unit residential income property with four units already leased and producing consistent returns. Current gross monthly rent brings in roughly $4,000 per month. This property offers stable in-place income while leaving room for expansion. Each unit features separate water and gas meters, fresh interior paint, and updated appliances. The fifth unit is vacant and ready for renovation, providing a simple and immediate value-add opportunity that can push cash flow even higher. Located in a peaceful area of Franklin and close to town, this property could be a strong, long-term, income-producing real estate asset with dependable cash flow and room for future growth.

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Multi-Family Active

Price

$ 515,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,165

Style

Multi Family

Lot Size

1.45

Year Built

1910

Town/City

Franklin

County/Region

Heard

MLS | Web ID

10636222
Features
General
Sewer Public Sewer
Heating Other
Cooling Window Unit(s)
Utilities Sewer Connected
Association Fee Includes None
Construction Materials Brick Wood Siding
Year Built 1910
Levels Two
Property Subtype Multi Family
Tax Year 24
Gross Income 4100
Community Features None
County Heard
New Construction N
Property Type Residential Income
HOA N
Attached Garage Y
Subdivision Name None
Garage Y/N Y
Status Active
Directions From Newnan: Take GA 34 West towards Franklin. Continue into Heard County. Take a slight left onto Newnan St. Property is on your left. From Carrollton: Take US-27 South Towards Roopville. Follow si
High School Heard County
City Franklin
Senior Community Y/N N
Number Of Units Total 5
Lot Size Units Acres
Lot Size Square Feet 63162
Carport Y/N N
Elementary School Heard County
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1165.08
Home Warranty Y/N N
Middle/Junior High School Heard County
Property Condition Resale
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Basement None
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features In Unit
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Attached
Water Source Public
Lot Size Area 1.45
Foundation Details Pillar/Post/Pier
Spa N
Lot Size Acres 1.45
Lot Size Source Public Records
Waterfront Y/N N
Horse Y/N N
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* Excluded Features
List By
Real Broker Llc

Broker

rachael@jrbdreamteam.com

Email

Affordability Calculator

$3,310
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,213
Monthly Property Taxes
$97
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
4134633 Elementary School
4135693 Middle School
Heard County High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/3/2025$515,000 Listed Price

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284 Newnan Street, Franklin, GA, 30217 is a Multi-Family Home for sale at $515,000 with a lot size of 1.45. 284 Newnan Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 30217 which is in Franklin, GA

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