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Two houses at 375 Deerfield Dr Dahlonega 375 Deerfield Dr 5 Unit Apartment Building $615,000 ($123,000/Unit) Dahlonega, GA 30533
Investment Highlights
- Each bedroom has full bathroom
Executive Summary
No HOA. Rare opportunity to own two fully renovated homes for the price of one! This versatile property offers incredible flexibility— 5 rentable units or live in one home while renting the other, or rent both for a strong income-producing investment with excellent cash-flow potential.
The primary residence features 3 spacious bedrooms and 3.5 bathrooms, showcasing a thoughtfully updated interior. The kitchen has been tastefully renovated with new stainless steel appliances, quartz countertops, custom cabinetry, and new hardwood flooring, complemented by beautifully updated bathrooms throughout the home.
The second residence includes 2 bedrooms and 2 full bathrooms. Both houses has been extensively improved with a durable metal roof, new septic system, new HVAC, and new windows, offering peace of mind and low maintenance for years to come.
Turn this home into a potential $5,000+/month income-producing asset. Each bedroom features its own full bathroom, making it ideally suited for a room-by-room rental strategy.
Currently configured as a 5BR/5BA, the layout is ideal for high-yield shared living or co-living. The design supports maximum rental efficiency and tenant privacy.
Pro Forma Income: $60,000+/year ($1,000 per room × 5)
Projected Cap Rate: 9.7%+ once stabilized
Status: Vacant and ready for immediate occupancy or repositioning
The primary residence features 3 spacious bedrooms and 3.5 bathrooms, showcasing a thoughtfully updated interior. The kitchen has been tastefully renovated with new stainless steel appliances, quartz countertops, custom cabinetry, and new hardwood flooring, complemented by beautifully updated bathrooms throughout the home.
The second residence includes 2 bedrooms and 2 full bathrooms. Both houses has been extensively improved with a durable metal roof, new septic system, new HVAC, and new windows, offering peace of mind and low maintenance for years to come.
Turn this home into a potential $5,000+/month income-producing asset. Each bedroom features its own full bathroom, making it ideally suited for a room-by-room rental strategy.
Currently configured as a 5BR/5BA, the layout is ideal for high-yield shared living or co-living. The design supports maximum rental efficiency and tenant privacy.
Pro Forma Income: $60,000+/year ($1,000 per room × 5)
Projected Cap Rate: 9.7%+ once stabilized
Status: Vacant and ready for immediate occupancy or repositioning
Property Facts
| Price | $615,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $123,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.35 AC |
| No. Units | 5 | Building Size | 10,560 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1993/2025 |
| Zoning | R - Residential | ||
| Price | $615,000 |
| Price Per Unit | $123,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 1.35 AC |
| Building Size | 10,560 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1993/2025 |
| Zoning | R - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Washer/Dryer Hookup
- Heating
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Hardwood Floors
- Stainless Steel Appliances
- Tub/Shower
- Views
- Walk-In Closets
- Deck
- Double Pane Windows
- Family Room
- Handrails
- Island Kitchen
- Mother-in-law Unit
- Office
- Pantry
- Large Bedrooms
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Guest Apartment
- Walking/Biking Trails
- Storage Space
- Public Transportation
- Individual Locking Bedrooms
- Private Bathroom
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 5+5 | 5 | - | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 033-000-047-000 | Improvements Assessment | $125,909 |
| Land Assessment | $14,520 | Total Assessment | $140,429 |
Property Taxes
Parcel Number
033-000-047-000
Land Assessment
$14,520
Improvements Assessment
$125,909
Total Assessment
$140,429
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Two houses at 375 Deerfield Dr Dahlonega | 375 Deerfield Dr
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