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Franklin, GA 30217 284 Newnan Street

$515,000

284 Newnan Street Franklin, GA - Image 1

284 Newnan Street Franklin, GA - Image 2

284 Newnan Street Franklin, GA - Image 3

2 more

284 Newnan Street Franklin, GA - Image 4

284 Newnan Street Franklin, GA - Image 5

284 Newnan Street Franklin, GA - Image 6

Presented By: Rachel Boyd with Real Broker LLC;

MLS# 10636222
11/01/2025

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Home Details

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.

Presented By: Rachel Boyd with Real Broker LLC;

Interior Features for 284 Newnan Street

Other Interior Features

Above Grade Finished Area Unit TypeSquare Feet

Air Conditioning Y/NYes

BasementNone

Below Grade Finished Area Unit TypeSquare Feet

Fireplace Y/NNo

Heating Y/NYes

Laundry FeaturesIn Unit

Total Fireplaces

General for 284 Newnan Street

Association Fee IncludesNone

Attached Garage Yes

Building Area UnitsSquare Feet

Carport Y/NNo

CityFranklin

Community FeaturesNone

Construction MaterialsBrick, Wood Siding

CoolingWindow Unit(s)

CountyHeard

DirectionsFrom 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 signs for GA-34 West. Turn Left onto GA-34 West towards Franklin. Take a slight left onto Newnan Street. Property is on your left. From LaGrange: Take US-27 North towards Carrollton. Follow signs for GA-34 West. Turn left onto GA-34 West towards Franklin. Take a slight left onto Newnan St. Property is on your left.

Elementary SchoolHeard County

Garage Y/NYes

Gross Income4100

HOANo

HeatingOther

High SchoolHeard County

LevelsTwo

Living Area UnitsSquare Feet

Lot Size Square Feet63162

Lot Size UnitsAcres

Middle/Junior High SchoolHeard County

New ConstructionNo

Number Of Units Total5

Property ConditionResale

Property SubtypeMulti Family

Property TypeResidential Income

SewerPublic Sewer

Standard StatusActive

StatusActive

Structure TypeMulti Family

Subdivision NameNone

Tax Annual Amount1165.08

Tax Year24

UtilitiesSewer Connected

Year Built1910

Exterior for 284 Newnan Street

Foundation DetailsPillar/Post/Pier

Lot Size Acres1.45

Lot Size Area1.45

Lot Size SourcePublic Records

Parking FeaturesAttached

Water SourcePublic

Additional Details

Price History

Schools

High School Heard County High School

Elementary School Heard County Elementary School

Middle School Heard County Middle School

Anthony Martin

Agent | Owner

Price $515,000

MLS#10636222

List Date 11/01/2025

Property Type Multi-Family

Phone (731) 616-9391

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