$245,000
●
House -
For Sale
8 Long Street
Newnan, GA 30263
3 Beds
2 Baths,
1
Half Bath
1,300 Ft²
$1,315
Est. Monthly
About This Property
Discover this Turnkey, cash-flowing single-family asset in Newnan
with a performing tenant in place. This 3-bedroom, 2-bathroom home
is 1,300 square feet on a 0.33-acre lot, combining strong in-place
yield with total system peace of mind. Major capex has been
eliminated: 2024 fully permitted updates include new HVAC, full
plumbing overhaul, and updated electrical service. Solid layout,
zero immediate repair needs, and stable income from day one. Great
for a portfolio add get the revenue without deferred maintenance.
Some photos have been virtually rendered.
Unit Size
1,300 Ft²
Days on Market
20 days
Land Size
0.33 acres
Price per sqft
$188
Property Type
House
Property Taxes
$111
HOA Dues
-
Year Built
1940
Listed By
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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: 12 days ago (GAMLS #10853314)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | Listed by Beycome Brokerage Realty LLC | $245,000 | |
| Listed by Beycome Brokerage Realty LLC | |||
| Mar 29, 2025 | Price Decreased |
$215,000
↓ $10K
(4.4%) | |
| Price Decreased | |||
| Mar 13, 2025 | Listed | $225,000 | |
| Listed | |||
| | |||
|
Welcome to this beautifully renovated 3-bedroom, 2-bathroom home in the heart of downtown Newnan! Every inch of this home has been thoughtfully updated. Step onto the inviting rocking chair front porch before entering the spacious living room with soaring ceilings, creating an open and airy feel. The stunning kitchen features brand-new cabinets, a detailed tile backsplash, and sleek stainless steel appliances. The primary suite offers a private retreat with an en suite bathroom and a stand-up shower. Two additional guest bedrooms share an updated full bath. A dedicated laundry room leads to the back porch, overlooking the backyard. Enjoy peace of mind with all-new upgrades, including HVAC, water heater, windows, flooring, and fresh paint. This move-in-ready gem is just minutes from downtown shops, dining, and parks.
| |||
| Jun 29, 2016 | Sold | ||
| Sold | |||
| Feb 24, 2016 | Sold | ||
| Sold | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Off Street, Parking Pad
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Pulldown Attic Stairs
Appliances: Dishwasher, Dryer, Refrigerator, Washer
Flooring Type: Vinyl
Laundry Features: In Mud Room
Has Fireplace
Fireplaces: 1
Basement: Crawl Space
Exterior Details
Square Footage: 1300
Square Footage Source: $0
Property Condition: Resale
Architectural Style: Bungalow
Year Built: 1940
Levels: One
Construction Materials: Wood Siding
Lot Features: Other
Lot Size Area: 14374.8
Lot Size Units: Square Feet
Lot Size Acres: 0.33
Lot Size Square Feet: 14374.8
Water Source: Public
Financial Details
Tax Annual Amount: $1,333
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Newnan
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Listed by: Steven Koleno, Beycome Brokerage Realty LLC
Last Updated: 12 days ago
Data Source: GAMLS, MLS# 10853314
Last Updated: 12 days ago
Data Source: GAMLS, MLS# 10853314
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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