Multifamily

1675 Oak Street NE

Conyers, GA 30012

Location

1675 Oak Street NE, Conyers GA 30012

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List Price$515,000
3 Units$171,667 per unit
Published yieldsYields UnpublishedRent coverage 33% — yields unpublished · assemblage
IncompleteListing evidence · class E
Rents1 / 3 units
Who paysWater tenant · Elec tenant · Gas tenant · Trash split
OccupancyNot in remarks
FinancialsMLS GI/NOI empty · Tax $3,073 (2025)

Not enough FMLS financials to publish cap, cash-on-cash, or DSCR in the hero. Use the calculator as a modeled scenario and request the rent roll / T-12.

Property Financials

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Data last updated: October 5, 2026 at 4:01 PM EST
ACTIVE
FMLS #7775001
Listing Provided By Keller Williams Realty Atl Partners · 347-515-5330
Description

Property Description

A rare assemblage of four separate homes across two parcels, offering exceptional flexibility for investors or extended families. The primary lot features three homes: two 3BR/1BA homes plus a 1BR/1BA, giving multiple configurations for rental income or multigenerational living under one address. The 1BR unit currently has a tenant in place on a month-to-month lease, providing immediate cash flow. The neighboring parcel is also available, adding a fourth home, another 3BR/1BA and bringing the combined package to nearly 2 acres with subdivision potential. Together, these properties create a rare opportunity to control multiple income-producing structures and significant land on one purchase, with room to expand, subdivide, or simply hold for cash flow.
Listing facts

From this record

  • Incomplete — 1 of 3 unit rents
  • Assemblage / extra land — not a single-asset garden roll

3 doors on the listing. Generic market notes are below the fold.

Unit Mix & Available Rent Roll

Breakdown based on data provided in the FMLS listing· HUD Small Area FMR (ZIP 30012, FY2027)shown for comparison

UnitBedsBathsMonthly RentHUD SAFMRElecGasWaterGarbMaint
Unit 1—0——NNNNN
Unit 211$1,500$1,190-$310NNNYN
Unit 331—$1,540NNNNN
Unit 4—0——NNNNN
Total4 units$1,500Y = owner-paid · — = unknown

Full detailed rent roll, tenant leases, and actual income/expense data not included in listing.

* Rent roll information is taken from the available FMLS listing data. Many multifamily listings do not include complete or verified tenant financials. Always verify actual rents, leases, and operating expenses during due diligence. HUD Small Area Fair Market Rents (ZIP-level payment standards) are published by the U.S. Department of Housing and Urban Development and are shown for comparison only.

Scenario

Investment Calculator

Scenario only. 1 of 3 rents in FMLS — GPI blank. Do not treat the results as in-place. Override any value.

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Repairs, pest, landscaping, cleaning, admin. Water and trash are separate lines. Electric/gas off when tenant-paid.

Conventional = fully amortizing. Commercial = shorter call + balloon. Seller finance = below-market note. Cash = no loan.

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Scenario only. Yields unpublished — thin roll. Results are not in-place.

Coverage rules
  • GPI pre-fills only from MLS GI, a building-total UnitTypes row, or a rent roll covering ≥ 80% of doors.
  • A single sample rent is not averaged across the building.
  • Vacancy floor is max(5%, 100 − present occupancy in remarks).
  • Mgmt 8% at 8+ units, else 10%. Insurance $800/door. R&M $800/door.
  • Utility allowances turn on only when the who-pays grid or remarks say owner-paid.
  • SAFMR push is mix-weighted and hidden when the sample is extrapolated from thin coverage.
  • Commercial = 30% / 7% / 25-yr amort. Conventional = 25% / 7% / 30-yr. Cash = 100% equity, no debt service. CoC = NOI ÷ price.
Incomplete

Jeff’s Investment Take

Market data · October 2026

Working thesis

Rent coverage or MLS financials are too thin to publish yields. Request the roll and T-12 before treating this as a screen.

  • Incomplete — 1 of 3 unit rents
  • Assemblage / extra land — not a single-asset garden roll
Local market contextRockdale County
Med. close $/door$152,50022 closed · 12 mo
Med. asking rent$1,535
Months of supply3.8Active ÷ (12-mo closed ÷ 12)
County sold gross9.8%Rent ÷ close · T12 sold tape
County asking gross9.2%Rent ÷ list · live asks
County sold NOI cap6.0%Calculator stack on closes

Modeled from available FMLS data, unit mix, and operating assumptions and Rockdale County benchmarks. DSCR and cash-on-cash use conventional terms (25% down / 7% / 30-yr) for ≤4 units. Always verify with current rent roll and expenses.

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Disclaimer

Important Investment Information

Median estimated cap, cash-on-cash, and DSCR require MLS gross income or NOI, a dated broker package, a listing building total, or a unit rent roll covering at least 80% of doors. Thin records stay Incomplete — those yields are not printed in the hero or on cards. The calculator is a labeled scenario, not in-place income.

When a line is missing we use disclosed defaults only inside the calculator: vacancy floor of max(5%, 100 − present occupancy in remarks); management 8% of EGI at 8+ units otherwise 10%; insurance $800 per door; R&M $800 per door. Utility allowances turn on only if the who-pays grid or remarks say owner-paid (water $900–1,800 per door until a T-12). A single who-pays row does not set the building. We do not use an all-in “other” of $1,100 per door, and we do not average one sample rent across the building.

Rent coverage 33% — yields unpublished · assemblage

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.