$3,095,000

350 Herndon Ln Canton, GA 30114

1.0 acres
House

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 typeOther
HeatingElectric
StatusActive
CoolingElectric
Lot size1 Acres
Year built1997
ParkingPaved
MLS #7537389
ViewOther

Summary

  • MLS Number: 7537389
  • MLS Name: First Multiple Listing Service
  • Office Name: Owens Management Group, LLC
  • Office Phone: (678) 316-0117
  • Listing Agent: Holly Owens

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2025 First Multiple Listing Service, Inc.

IDX Provided by Rocket Homes Real Estate, LLC
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, 3:20:48 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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Price information

Property sales

DateEventPrice
Feb 11, 2020
Home Sold
$1,377,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $59,195. Typical income of Canton, GA residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

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 SportsExtreme Sports
  • College FootballCollege Football
  • NASCARNASCAR

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Best BuyBest Buy
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • ChevroletChevrolet
  • RamRam
  • BuickBuick

What do the neighbors listen to?

  • CountryCountry
  • Contemporary ChristianContemporary Christian
  • Classic CountryClassic 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.

Canton, GA housing market in February 2025 saw over 10 listings sold above listed price, more than 24 sold at listed price and over 80 sold below. The number of homes for sale in Canton, GA increased by 16.5% between January and February 2025. In February 2025 median list price was $530,009 and the average listing age was 58 days.

From Rocket Homes Real Estate and based on county public records data.

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