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284 Newnan Street, Franklin, GA 30217

Local realty services provided by:CENTURY 21 Novus
284 Newnan Street,Franklin, GA 30217
$515,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: rachel boyd
Office: real broker llc
MLS#:10636222
Source:METROMLS

Price summary

  • Price:$515,000

About this home

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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Home facts

  • Year built:1910
  • Listing ID #:10636222
  • Updated:January 29, 2026 at 11:38 AM

Heating and cooling

  • Cooling:Window Unit(s)

Structure and exterior

  • Year built:1910
  • Lot area:1.45 Acres

Schools

  • High school:Heard County
  • Middle school:Heard County
  • Elementary school:Heard County

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$515,000
  • Tax amount:$1,165 (24)
MLS Logo2026 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed January 29, 2026

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