Active
$685,000

300 S Jeff Davis Drive Fayetteville, GA 30215

300 S Jeff Davis Drive This Fayetteville quadruplex offers four 2 bed / 1 bath units totaling 5,102 sq ft, each thoughtfully updated within the last two years. Recent improvements include kitchens with granite countertops and stainless steel appliances, along with new flooring, fresh paint, and updated light fixtures that create a clean and inviting living space. The upper units enjoy the added benefit of dedicated storage spaces and private decks, enhancing functionality and tenant appeal. With leases in place, the property is fully occupied and provides a stable income stream for investors. Current rents generate $61,224 annually, delivering a 7.51% cap rate and near-breakeven cash flow at market interest rates. The pro forma scenario reflects two units rented at $1,400 and two units rented at $1,700, generating a total monthly rent of $6,200, or $74,400 annually. With expenses estimated at 16% of gross income, annual operating costs are projected at $11,904, resulting in a net operating income (NOI) of $62,496. Based on a purchase price of $685,000, this equates to a cap rate of approximately 9.1%. Assuming a 20% down payment of $137,000 and financing the remaining $548,000 with a 30-year loan at 6.3% interest, the annual debt service is about $40,668. Current NOI is $51,428, with pro forma NOI projected to produce an annual cash flow of $21,828, or roughly $1,819 per month once rents stabilize. This makes the property an attractive long-term investment opportunity, with immediate rental income and strong growth potential. **No showings until the due diligence period. All units are occupied—please do not disturb tenants.**

Schools

  • Elementary
    Spring Hill
  • Middle
    Bennetts Mill
  • High
    Fayette County
  • Location

  • Zip Code
    30215
  • City
    Fayetteville
  • County
    Fayette - GA
  • Property Data

  • Status
    Active
  • MLS #
    7634118
  • Type
    Residential Income
  • Special
    No disclosures from Seller, Investor Owned
  • Exterior

  • Construction
    Brick 3 Sides
  • Built In
    1983
  • Stories
    Array
  • Sewer
    Public Sewer
  • Parking
    Level Driveway
  • Utilities
    Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Lot Description
    Level, Wooded
  • Lot Dimensions
    137x212x40x110x239
  • Acres
    0.6
  • Listing Provided Courtesy Of: Keller Williams Realty Atl North 770-509-0700

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    Data Last updated on October 4, 2025 8:47am

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