Income-Producing Investment Opportunity - $350,000 Looking to grow your rental portfolio? This unique property package includes FOUR rental residences situated on one plat and offers immediate income potential with three tenants already in place. 1515 Bowman Hwy * 3 Bedroom, 1.5 Bath * 4-Sided Brick Home * Central HVAC 1521 Bowman Hwy * 1 Bedroom, 1 Bath 1506 Martin Villa Rd * 2 Bedroom, 2 Bath Single-Wide Mobile Home 1512 Martin Villa Rd * 3 Bedroom, 2 Bath Single-Wide Mobile Home Each residence has its own septic system Shared well serves all four properties Three units currently occupied Opportunity to add value through repairs and improvements Multiple income streams on a single property Offered at $350,000, this property presents an excellent opportunity for investors seeking current rental income with upside potential. Showings are by appointment only. Please contact me directly to schedule a viewing, as arrangements must be made with the current tenants. For additional information or to schedule a showing, give me a call
Active
Price cut: $19K (8/10)
$330,000
1515 Bowman Hwy, Elberton, GA 30635
9beds
7baths
--sqft
Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 107 days
- 213
- 5
Zillow last checked:
Listing updated:
Listed by:
Jonathan Fleming 706-988-3257,
RE/MAX Complete
Source: GAMLS,MLS#: 10775928
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 7
Heating
- Central
Cooling
- Central Air
Features
- Basement: Crawl Space
- Has fireplace: No
Property
Parking
- Parking features: Carport
- Has carport: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 3.33 Acres
Details
- Parcel number: 030C 070
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- Fixer
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Septic Tank
- Water: Shared Well
- Utilities for property: Electricity Individual Meters
Community & HOA
Community
- Features: None
- Subdivision: None
HOA
- Has HOA: No
- Services included: None
Location
- Region: Elberton
Financial & listing details
- Tax assessed value: $270,026
- Annual tax amount: $2,528
- Date on market: 5/31/2026
- Cumulative days on market: 108 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
$884/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Price change | $330,000-5.4% |
Source:  GAMLS #10775928 Report a problem | ||
| 6/1/2026 | Listed for sale | $349,000+15166.8% |
Source: GAMLS #10775928 Report a problem | ||
| 9/2/2011 | Sold | $2,286-36.5% |
Source: Public Record Report a problem | ||
| 1/5/2009 | Sold | $3,600 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,528 +6.4% | $108,010 +8.7% |
| 2024 | $2,377 -0.2% | $99,356 |
| 2023 | $2,382 +46.6% | $99,356 +46.6% |
| 2022 | $1,625 -0.1% | $67,762 |
| 2021 | $1,627 +8.4% | $67,762 +27.5% |
| 2020 | $1,501 | $53,141 |
| 2019 | $1,501 -10.1% | $53,141 |
| 2018 | $1,670 +19.8% | $53,141 +12% |
| 2017 | $1,393 -1.9% | $47,466 -1.9% |
| 2016 | $1,420 | $48,393 0% |
| 2015 | -- | $48,394 |
| 2014 | -- | $48,394 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 30635
Nearby schools
Schools provided by the listing agent
- Elementary: Elbert
- Middle: Elbert
- High: Elbert
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
