Active1
Median $/door$188,750
Ask range$755,000–$755,000
Estimated cap6.5%n=1
Median DOM82

0 duplex · 0 triplex · 1 fourplex · 0 apartmentsGeorgia market report →

ACS 2023 · HUD FY2027 · 2 ZCTAs with ACS

Newnan housing stock & renter economics

Newnan apartment-building and small-multifamily investors concentrate in ZIPs where HUD Fair Market Rents sit above or beside ACS median gross rent. The table below is ZCTA housing stock and voucher benchmarks for commercial residential income underwriting, linked to each ZIP housing profile. Live FMLS set on this page: 1 buildings.

2 ZCTAs · 2 with ACS. Medians across ACS ZIPs; totals for stock. Not a listing feed.

Population
99,153
Households
36,962
Housing units
39,123
2-unit stock
822
3–4 unit stock
817
2–4 unit stock
1,639
5–49 unit stock
4,086
50+ unit stock
1,069
Median renter share
28.6%
ACS median rent
$1,478
Contract rent
$1,271
1BR SAFMR
$1,545
2BR SAFMR
$1,680
3BR SAFMR
$2,000
SAFMR / ACS rent
1.14×
Vacancy (ACS)
5.3%
Pop Δ 2018–2023
+7.0%
Median HH income
$92,099
Rent burden ≥30%
55.0%
Rent burden ≥50%
16.7%
LIHTC projects / units
14 / 1,535
HUD assisted MF
4 / 355
Alloc. 5+ permits
0

Newnan: median renter share 28.6%; ACS median gross rent $1,478; FY2027 2BR SAFMR $1,680; 2BR SAFMR is 1.14× ACS median gross rent; 822 units in 2-unit structures, 817 in 3–4-unit structures, and 4,086 in 5–49-unit structures; population up +7.0% between ACS 2018 and 2023; 14 LIHTC projects (1,535 units). Census / HUD stock — not a rent roll and not a buy/sell score.

ZCTA ≈ USPS ZIP. ACS 5-year 2023 lags construction. Units-in-structure is Census standing stock (2-unit vs 3–4 vs 5–49 vs 50+), not the live FMLS card. SAFMR is a bedroom-specific HUD voucher benchmark, not asking rent. LIHTC / assisted-MF are inventory of record and belong on apartment pages. 5+ permits are county BPS 2025 allocated by ZCTA housing-unit share. Brokerage is Georgia-only.

1 Multifamily Investment Properties for Sale in Newnan

As of today, 1 active small multifamily listings in Newnan · median $188,750/door · median estimated cap 6.5% (n=1). Newnan has seen strong growth south of Atlanta. Multifamily inventory is typically limited and leans toward smaller residential multi-unit properties.

Current Market Snapshot

Active Listings1
Avg List Price$755,000
Avg $/Unit$188,750
Avg Cap Rate (est.)6.5%
Price Range$755,000 – $755,000
Avg Units4.0

HUD Fair Market Rent · Coweta County(FY2026)

Studio$1,585
1 BR$1,660
2 BR$1,820
3 BR$2,182
4 BR$2,605

Showing 1 of 1 multifamily investment properties for sale

Multifamily for sale: 22 Pratt Street, Newnan
4 Units
Screenable
$755,000
9.8% Gross6.5% Capest+22.3% Voucher Spread EST

22 Pratt Street

Newnan, GA

Units4
$/Unit$188,750
DOM82
Listing MLSID: 7804018 · Listing courtesy of Mark Spain Real Estate · 770-886-9000

Frequently Asked Questions — Newnan Multifamily

Are there multifamily for sale in Newnan?

This page is the live FMLS Residential Income set for multifamily in Newnan. Counts change with the MLS feed. If inventory is thin, open the statewide Georgia multifamily collection or the county page for a larger sample.

How does Newnan compare to Georgia overall for multifamily?

Use the statewide inventory at /multifamily-for-sale/georgia for the full Georgia multifamily set, then compare $/door and published cap estimates against this city. Smaller markets often have one or two live listings; that is not a full comp set.

Do multifamily in Newnan still qualify for residential financing?

Most 2–4 unit multifamily can still qualify for conventional residential financing when the buyer and property meet guidelines. Always confirm with your lender. 5+ unit buildings are a different stack.

Why is the estimated cap rate missing on some Newnan listings?

Yields on this site are independent screening models, not MLS fields. A listing is left out of the cap sample when we cannot publish a number. That is not a zero cap — pull the rent roll.

Looking for multifamily investments in Newnan?

Direct access to on-market and pre-market opportunities with principal-level advisory.

Schedule a Consultation