$130,000
●
House -
Off Market
180 Salome Drive
Clarkesville, GA 30523
2 Beds
1 Bath
1,024 Ft²
$175,293
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
About This Property
DEVELOPMENT & INVESTMENT OPPORTUNITY on 1.41 acres within the city
limits of growing and charming Clarkesville, GA. Just a short
5 minute drive to the historic Clarkesville Square for a variety of
dining and entertainment options; a 5 minute drive to Habersham
Medical Center; 0.4 miles (9 min walk) to the Ingles Market
and additional fast food options; and a 7 minute drive to Piedmont
University. The City of Clarkesville confirmed that
the property can be rezoned as R-1B, allowing for duplexes and
townhomes. This property is a great investment
considering its prime location and development potential.
Property Sold-As-Is . Renovate or remodel the existing
home; or tear down the original home to build a new house or to
prepare the property for a duplex or townhome development.
Unit Size
1,024 Ft²
Days on Market
-
Land Size
1.41 acres
Price per sqft
$171
Property Type
House
Property Taxes
$127
HOA Dues
-
Year Built
1948
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (GAMLS #10149923)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Nov 1, 2023 | Listed by EXP Realty, LLC. | $299,900 | |
| Listed by EXP Realty, LLC. | |||
| | |||
|
UNDER CONSTRUCTION. This 3 bedroom 2.5 bathroom home is not in a subdivision and No HOA! Enjoy the fireplace with an open great room. The eat-in kitchen has granite countertops, tile backsplash, and white shaker cabinets. The master suite features a tray ceiling, dual vanities, a tile shower, and a walk-in closet—home to be completed by end of April 2024. The pictures are not of the actual house.
| |||
| Jun 15, 2023 | Sold | ||
| Sold | |||
| Apr 17, 2023 | Listed by Virtual Properties Realty.com | $175,000 | |
| Listed by Virtual Properties Realty.com | |||
| Jul 30, 2017 | Listed | $75,000 | |
| Listed | |||
| | |||
|
Investor Special!! Great opportunity for the entrepreneur in YOU! 1.4 acres in this prime Clarkesville location. 3 bedroom 1 bath home sits on property and is being sold AS-IS. Needs repairs, great fixer upper for the motivated individual or remove the home entirely and build something even better! Bring all offers to the table.The manager has listed the unit size as 1516 square feet.
| |||
Property Highlights
Garage
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Clarkesville
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Listed by: Kimberly Dean, Virtual Properties Realty.com
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10149923
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10149923
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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