DO NOT DISTURB TENANTS - This is One Ranch Duplex (2 units) for sale. 2 br/ 2 bath each unit. $33780 gross rents per year ($1465 Unit 905 per month and $1350 Unit 915 per month). $1391 taxes per year. $1500 insurance per year. Income LESS taxes and insurance = $30,889
Tenants are on a month to month and pay their rent through MoneyGram (with auto deposit to Landlord's account)... Easy rent collection. Forsyth County is a hot market with infill of vacancies through word of mouth...never have to advertise vacancies. Seller owns 9 of the 11 duplexes on the street and is looking to sell one per year for retirement purposes.
1. Buyer must provide proof of funds and pre-qualification letter through reputable lender. Interior walk through will occur only during inspection period. 2. Do not walk the property. Do not walk around the units or talk to tenants.
Sold for $3,200,000
$3,200,000
905 Cherokee Chase Dr, Cumming, GA 30040
1beds
0baths
2,280sqft
MultiFamily
Built in 1984
-- sqft lot
$-- Zestimate®
$1,404/sqft
$1,663 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,663/mo
Zestimate® history
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 0
Heating
- central
Features
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,280 sqft
Property
Parking
- Total spaces: 4
Features
- Exterior features: cedar
Lot
- Size: 0.40 Acres
Details
- Parcel number: C10002
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1984
Community & neighborhood
Location
- Region: Cumming
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2023 | Sold | $3,200,000+546.5%$1,404/sqft |
Source: Public Record Report a problem | ||
| 6/10/2023 | Listed for sale | $495,000-9.4%$217/sqft |
Source:  FMLS GA #7229936 Report a problem | ||
| 6/1/2023 | Listing removed | $546,385$240/sqft |
Source: FMLS GA #7178353 Report a problem | ||
| 2/18/2023 | Listed for sale | $546,385+484.4%$240/sqft |
Source: FMLS GA #7178353 Report a problem | ||
| 6/21/2000 | Sold | $93,500$41/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,282 | $52,296 |
| 2024 | $1,282 -0.4% | $52,296 |
| 2023 | $1,287 -7.5% | $52,296 |
| 2022 | $1,392 +8.6% | $52,296 +12.7% |
| 2021 | $1,281 | $46,400 |
| 2020 | $1,281 -0.1% | $46,400 |
| 2019 | $1,283 +40.4% | $46,400 +40.9% |
| 2017 | $914 -25.6% | $32,938 -25.6% |
| 2016 | $1,229 | $44,276 |
| 2015 | $1,229 +10.3% | $44,276 +5.2% |
| 2014 | $1,115 -0.2% | $42,100 |
| 2013 | $1,117 -0.2% | $42,100 0% |
| 2012 | $1,119 -8.9% | $42,108 -8.7% |
| 2011 | $1,228 | $46,116 |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | $57,800 |
| 2006 | $1,259 +7.4% | $57,800 +7.4% |
| 2005 | $1,172 +21.6% | $53,800 +21.6% |
| 2004 | $964 -10.1% | $44,240 |
| 2003 | $1,072 +19.9% | -- |
| 2002 | $894 +13% | -- |
| 2001 | $791 +4.6% | -- |
| 2000 | $755 | -- |
Find assessor info on the county website
Neighborhood: 30040
Nearby schools
GreatSchools rating
- 8/10Cumming Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 5/10Otwell Middle SchoolGrades: 6-8Distance: 1.7 mi
- 8/10Forsyth Central High SchoolGrades: 9-12Distance: 1.4 mi
- Georgia
- Forsyth County
- Cumming
- 30040
- 905 Cherokee Chase Dr
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Cumming Topics
