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List Price $415,000
Units 3
Price / Unit $138,333

High-demand multifamily opportunity in Loganville, GA

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

284 Covington Street Loganville, GA 30052
FMLS Data last updated: July 25, 2026 at 12:24 AM
✓ FMLS Listing • Investor Analyzed
PROPERTY DESCRIPTION
Back On Market No Fault To Seller! Buyer Could Not Obtain Financing- Home Appraised Way Above List Price. Finally, An Income-Producing Triplex In Downtown Loganville With 3 Total Units & Great Rental Potential. An Excellent Opportunity Awaits With This Well-Maintained Triplex In A Quiet, Convenient Loganville Location. The Property Includes Two 2-Bedroom, 1-Bath Units And One 3-Bedroom, 1-Bath Unit, Each Offering Spacious & Unique Layouts, Natural Light From Large Windows, Full Kitchens, Private Entrances & Laundry Rooms, Functional Living Areas Ideal For Tenants And/Or Owner-Occupants, And Beautiful Front Porches. Each Unit Features A Comfortable Living Room, A Full Kitchen, And A Dining Area, With Updated Finishes And Easy-to-Maintain Interiors. Unit A Has Been Recently Updated Featuring New Paint, Carpet, Windows, And Kitchen. The Huge Shared Parking Lot And Separate Driveway For One Unit Offers Ample Parking for All Residents. Located On Almost An Acre Lot In A Peaceful Street, This Property Provides Quick Access To Local Schools, Shopping, Dining, And Major Commuter Routes. Whether You're Looking to Expand Your Portfolio Or House-Hack By Living In One Unit And Renting The Others, This Triplex Delivers Steady Income Potential In A Growing Market. All Three Units Are Currently Occupied On A Month To Month Lease.
Investment Context for Loganville Multifamily:
  • Located in the Loganville, 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 $138,333.33 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: 7617376 • Listing courtesy of Katie Arlt & Associates Real Estate, Anna Davis • 678-835-8458

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