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List Price $649,000
Units 10
Price / Unit $64,900

High-demand multifamily opportunity in Irwinton, GA

Properties with strong cash flow potential in this market typically receive multiple offers quickly.

103 E Main Street Irwinton, GA 31042
FMLS Data last updated: July 25, 2026 at 12:24 AM
✓ FMLS Listing • Investor Analyzed
PROPERTY DESCRIPTION
Exceptional investment opportunity consisting of three parcels with multiple income-producing buildings and land, located in the heart of Irwinton, Georgia. Parcel 1 – 102 Asbell Street, Irwinton, GA 31042 Includes 3 buildings with a total of 5 units, all completely renovated and upgraded. Improvements include new flooring, upgraded kitchens, fresh interior paint, granite countertops, new windows, and more. This parcel features four (4) one-bedroom, one-bath apartments and one (1) two-bedroom, one-bath single-family home situated in the center. Note: This unit requires a septic system upgrade estimated at $25,000. Parcel 2 – 103 E Main Street, Irwinton, GA (Dixieland Motel) Includes 6 one-bedroom studio units, 1 beauty shop, and 2 office spaces—providing excellent mixed-use income potential. Parcel 3 – 102 Bank Street, Irwinton, GA Vacant land measuring approximately 102'/105' x 148'/150' (IRR)—ideal for future development or expansion. Summary: This rare offering includes three parcels, three buildings, multiple residential and commercial units, plus additional land. With extensive renovations already completed on the five units at 102 Asbell Street, this property is an excellent opportunity for owner-occupants or investors seeking strong rental income in a growing area. Owner financing is available.
Investment Context for Irwinton Multifamily:
  • Located in the Irwinton, GA area with access to regional employment centers
  • Typical value-add potential through professional management and improvements
  • Multifamily rental demand varies by submarket — local verification recommended
  • Cash flow performance depends on occupancy, expenses, and market conditions
PROFESSIONAL INVESTMENT ANALYSIS

Modeled using FMLS data + Atlanta market benchmarks

Price per Unit $64,900 Verified
Est. Cap Rate 📊 Cap Rate Modeled
Est. Gross Income 📊 Gross Modeled
Est. NOI Estimated
Est. Year 1 Cash Flow after estimated debt service 📊 Cash Flow Modeled
✅ Confidence scores included ✅ Latest FMLS data ✅ Transparent modeling
CASH FLOW PROJECTION TOOL

Adjust assumptions to see personalized 5-year projections (Using market-based estimate)

Year 1 NOI $0
Year 1 Cash Flow $0
Year 1 Cash-on-Cash 0%
Est. Year 5 Property Value $0
Total 5-Year Cash Flow $0
* These are estimates based on available listing data and Atlanta metro market benchmarks. Detailed seller financials were not provided, so NOI was modeled conservatively. Always verify all numbers independently and consult your own professionals before making investment decisions.
SIMILAR INVESTMENT OPPORTUNITIES

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IMPORTANT INVESTMENT DISCLAIMER
Important Investment Information

All financial estimates (NOI, Cap Rate, Cash Flow, Year 5 projections, etc.) are modeled using Atlanta metro market benchmarks combined with available FMLS listing data.

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.

MLS ID: 7684095 • Listing courtesy of Virtual Properties Realty.com, Syed Firoz • 470-269-0420

IDX Information Provided by Jeff Crowe • jeffcrowe@c21theavenues.com
FMLS • Updated Daily • Investor Analyzed