Active$280,000
2 bd1 ba1,003 SFSingle-family home
2164 Ball Ground Highway
Canton, GA 30114 · 6 days listed
FMLS #7857558 · Listing Provided By Covenant Advantage Realty Team · 678-408-0598
Active Under Contract46 days listed
1004 Marietta Road, Canton, GA 30114
- 4bd
- 1ba
- 1,090SF
- 1.06ac lot
FMLS #7836438 · Listing Provided By Century 21 Results · 770-889-6090 · Listing agent The Lowry Group
About this home
Rare opportunity in an incredible location at a price point that is extremely hard to find in this area. This 4 bedroom, 1 bathroom ranch sits on over 1+ acre right on Marietta Road and is within walking distance to shopping, restaurants, groceries, and more. This property is ideal for an investor looking for strong current income with future upside. The home currently has long-term tenants in place for approximately 8 years who would love to stay, offering immediate and stable rental income from day one. Beyond the existing income, the true value is in the land and location. With over an acre and prime road frontage, this property presents multiple potential exit strategies for the right buyer. Opportunities may include redevelopment for new construction homes or townhomes, or potential commercial uses such as office, storage, or similar concepts. A brand new townhome community is located directly behind the property, further supporting the growth and future potential of the area. All redevelopment or zoning changes would be subject to buyer verification. Properties offering this combination of in-place income, land value, location, and long-term upside are rare. Do not miss this opportunity.
How this list price compares in Canton
- List price is 54% below the Canton median list price of $594,900 (729 homes).
- Compared with 666 single-family homes in Canton: 56% below the median of $624,450.
- List price per square foot is 20% above the Canton median of $210/SF.
- All 729 homes for sale in Canton, GA.
- 1,753 homes for sale in Cherokee County.
Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.
Home facts
- Property type
- Single-family home
- Status
- Active Under Contract
- Bedrooms
- 4
- Full baths
- 1
- Living area
- 1,090 SF
- Lot size
- 1.06 acres
- Year built
- 1947
- Levels
- One
- Main-level bedrooms
- 4
- Parking
- Driveway
- Style
- Ranch
- Construction
- Frame
- Roof
- Composition
- Flooring
- Carpet, Ceramic Tile
- Heating
- Forced Air
- Cooling
- Central Air
- Appliances
- Dryer, Washer, Other
- Lot
- Back Yard
- HOA
- No
- Annual tax
- $1,981 (2025)
- County
- Cherokee
Assigned schools
- HighCherokee - Other
- MiddleTeasley
- ElementaryWilliam G. Hasty, Sr.
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $275,000 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$2,093/mo
- Principal and interest
- $1,700
- Property tax
- $165
- Home insurance
- $125
- Mortgage insurance
- $103
- HOA dues
- $0
- Loan amount
- $247,500
- Cash down
- $27,500
This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.
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Beyond homes
Also exploring Georgia investment real estate?
Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.
Other property types for sale
- apartment complexes for sale in GeorgiaApartment buildings and complexes for sale across Georgia.
- multifamily investment properties in GeorgiaDuplexes to large complexes, with screening cap rates on each building.
- churches for sale in GeorgiaChurch buildings and sanctuaries for sale statewide.
- Atlanta church buildings for saleChurch buildings for sale in Atlanta.
- warehouses for sale in GeorgiaWarehouse and distribution buildings for sale.
Investor research and tools
- Georgia multifamily cap ratesMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- net operating income explainedHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- DSCR loan guideDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- cash-on-cash return guideCash-on-cash return on apartment buildings: the formula, a worked deal, and Georgia asks at today's rates.
- cap rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- multifamily deal analyzerRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
Thinking about a rental or a building instead? Send Jeff a message.
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