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Property Location

340 Macon Street, Mcdonough GA 30253

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List Price $49,900

Units adj 1

Price / Unit $49,900

340 Macon Street Mcdonough, GA 30253

Data last updated: August 2, 2026 at 9:46 PM EST

ACTIVE

Rare opportunity to own a commercially zoned C-2 lot in the heart of McDonough! Located near the downtown McDonough Square, this 0.13-acre parcel offers excellent potential for a variety of commercial uses including office, retail, service-based business, boutique storefront, and more (buyer to verify intended use with the City of McDonough/Henry County). Conveniently located near shopping, restaurants, major roadways, and ongoing commercial growth throughout the area. This property presents a great opportunity for investors, business owners, or developers looking for a small infill commercial site in a growing area. Utilities are believed to be available nearby. Buyer to conduct all due diligence regarding zoning, utilities, setbacks, lot dimensions, permitted uses, and development requirements.

Investment Notes — Mcdonough

Located in the Mcdonough, GA area
Value-add opportunities typically exist through management, renovations, or operational improvements
Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
Actual cash flow depends on occupancy, expenses, financing, and current market conditions

Built from available FMLS income data and transparent operating assumptions · Units adjusted (LIKELY_SFR_OR_MOBILE)

Price per Unit $49,900 Verified

Confidence scores included Latest FMLS data Transparent modeling

Starts from list price and unit count. No rent data in this listing — enter your own rent assumptions below. Override any value to model your own scenario. Units adjusted (LIKELY_SFR_OR_MOBILE).

Assumptions

Purchase Price List Price

Number of Units

Avg Rent / Unit / Month Enter your estimate

Annual Gross Potential Income Editable

Enter rent per unit or total GPI to model returns

Vacancy Rate Estimated

5.0%

Operating Expense Ratio Estimated

40%

Financing

Down Payment Default 25%

25%

Interest Rate Default 7%

Loan Term Years

30 yrs

Projected Returns

Gross Potential Income —

Effective Gross Income —

Operating Expenses —

Net Operating Income (NOI) —

Asking Cap Rate —

Price Per Unit —

Annual Debt Service —

Year 1 Cash Flow —

Cash-on-Cash Return —

Simplified estimates for Mcdonough. Actual results depend on real rents, expenses, financing terms, and local market conditions. Service view: Inquire for Details.

Why these numbers can differ from the Metrics Bar & Highlights above

The Metrics Bar and Highlights use the service’s numbers (actual MLS Gross / Opex / NOI / Cap Rate when available, otherwise modeled).
This calculator lets you change every assumption in real time. Once you move any slider or input, the results become your scenario, not the service estimate.
Vacancy, expense ratio, and financing terms here may be more or less aggressive than the service defaults.
Cash flow shown is before income taxes, capital expenditures, and any other non-operating items.

Inquire for Details

Jeff’s Investment Take

Insufficient data for a modeled recommendation. Contact for the rent roll and actuals.

Other Mcdonough, GA multifamily properties currently available

Multifamily for sale: 718 Hill Street, Forest Park

2 Units

Review Further

$289,000

2.4% Cap -14.4% CoC est

Important Investment Information

Suppressed (LIKELY_SFR_OR_MOBILE). Verify classification and actual numbers with the listing agent.

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.

MLS ID: 7776342 · Listing courtesy of Maxx Legacy Collection, Shannell Murphy · 770-355-4413

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com

FMLS · Updated Daily

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