5 days on Rocket
$9,261 Closing Credit¹
#10474540, Holly E. Owens, Listing Office: Owens Management Group, LLC
Property details
About 350 Herndon Ln
Seller is offering 3-year interest only seller financing at 4.75% to a buyer with $975,000 down, subject to acceptable multi-family experience and terms. This allows a buyer the opportunity to generate cash flow immediately while implementing a value-add strategy to enhance the cash flow and appreciation at the property. Don't miss this unique investment opportunity! This multi-family property features 4 buildings with 6 units within each building (24 units total) and a laundry room. The property addresses are 245, 330, 350 & 360 Herndon Way. The property is located within 5 miles of historic downtown Canton and I-575. Six spacious townhouses with 2 bedrooms and 2.5 baths. Six one bedroom and one bath efficiency apartments on the lower level. There is no HOA. Priced significantly below replacement cost, this is a rare opportunity to acquire a property like this in the City of Canton and Cherokee County. Cherokee County is expected to be among the top counties in the metro Atlanta area for population growth, offering strong appreciation prospects for your investment.
Highlights
Home typeMulti Family
HeatingElectric
StatusActive
(New)
(New)
CoolingElectric
BasementYes
Lot size1 Acres
Year built1997
ParkingOver 1 Space per Unit
MLS #10474557
Summary
- MLS Number: 10474557
- MLS Name: Georgia MLS 2
- Office Name: Owens Management Group, LLC
- Listing Agent: Holly E. Owens
Based on information from the Georgia MLS © 2025.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 9:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,095,000
350 Herndon Ln
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 11, 2020 | Home Sold | $1,377,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $379,480 | $10,890 |
| 2022 | $261,960 | $7,988 |
| 2021 | $239,040 | $7,289 |
| 2020 | $234,000 | $7,289 |
History based on county public records data.
Nearby schools
6
Knox Elementary School STEM Academy
Public District KG-5
1.8 mi
•151 River Bend Way
5
Hasty Elementary School Fine Arts Academy
Public District PK-5
2.1 mi
•205 Brown Industrial Pkwy
7
Liberty Elementary School
Public District KG-5
2.8 mi
•10500 Bells Ferry Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,195. The majority of Canton, GA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
21%
<35k
58%
35k-100k
19%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
38%
Single, No Kids
10%
Single, with Kids
29%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
28%
18-34 yrs old
41%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
College Football
NASCAR
Where do the neighbors shop?
Academy Sports & Outdoors
Best Buy
Dollar General
Where do the neighbors go to eat?
Little Caesars
Texas Roadhouse
Cracker Barrel
What do the neighbors drive?
Chevrolet
Ram
Buick
What do the neighbors listen to?
Country
Contemporary Christian- Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Canton, GA
About 350 Herndon Ln
This home is located at 350 Herndon Ln in Canton, GA and zip code 30114. Features: 0 bathroom. It has been listed on Rocket Homes since March 8, 2025 and is currently priced at $3,095,000.
Over 10 listings were sold over their listed price in February 2025 in Canton, GA. In the same period over 80 listings were sold below the listed price and 24 listings were sold for the listed price. Between January and February 2025, Canton, GA real estate market has seen increase in the number of listings by 16.5%. The median list price of listings available in February 2025 was $530,009, while the average time on the real estate market was 58 days.
From Rocket Homes Real Estate and based on county public records data.