Off Market Jul 2014 for $467K

—

•

1 ba

•

—

sq ft

58 Spring St #62, Newnan, GA 30263

About this home

Great investment! This property has a total of 11 units, 9 apartments and 2 cottages. All units are 2BR/1BA. The rental history is 98% full! The property is in excellent shape and the downtown location is ideal. There are three additional building lots included in the deal. The lots are zoned C3-Residential. This is truly an excellent investment opportunity in Downtown Newnan! Call for a detailed rent roll!

Multi-familyProperty Type

1971Year Built

1.77 acresLot Size

Listed by Sam Bowers • Bowers & Burns Real Estate Co.

Listed by Buddy Burns • Bowers & Burns Real Estate Co.

Bought with Janine Franklin • Robinson105 LLC

Redfin checked: a few seconds ago

•Source:GAMLS #7244922

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 30263, GA

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.4%

0.5% MoM

Median sale price

$375K

$20K MoM

Avg. days on market

58d

3 days MoM

Recently sold homes

236

2 MoM

New listings for sale

$399,000
4 beds2.5 baths2,512 sq ft
180 Smokey Ridge Dr, Newnan, GA 30263
$269,000
3 beds2 baths— sq ft
93 Virginia Heights Dr, Newnan, GA 30263
$495,900
3 beds2 baths2,404 sq ft
1136 Mt Carmel Rd, Newnan, GA 30263
$644,999
4 beds4 baths4,286 sq ft
142 Drews Ridge Dr, Newnan, GA 30263
COMING SOON
40 Happy Valley Ct, Newnan, GA 30263
$360,000
6 beds3 baths2,318 sq ft
40 Happy Valley Ct, Newnan, GA 30263
$675,000
4 beds3 baths2,616 sq ft
56 West Washington St, Newnan, GA 30263
35 Redwood Cir, Newnan, GA 30263
$90,000
3 beds2 baths1,512 sq ft
35 Redwood Cir, Newnan, GA 30263
3D WALKTHROUGH
$820,000
6 beds4.5 baths5,027 sq ft
65 Tanglewood Rd, Newnan, GA 30263
$235,000
3 beds2 baths1,460 sq ft
58 Sardis Church Rd, Newnan, GA 30263
$344,500
3 beds2.5 baths2,121 sq ft
145 Paxton Pl, Newnan, GA 30263
See all

Provided by Redfin

Sale history for 58 Spring St #62

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

101 ft.

Lot depth

210 ft.

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Coweta County

APN

N03 0009 012

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on May 2, 2023.

RML

Residential Multiple Family Dwelling-Lower Density District

The RML, Residential Multiple Family Dwelling-Lower Density District, is intended to provide for medium density multiple-family dwellings which may have a relatively intense concentration of dwelling units served by large open spaces consisting of common areas and recreation facilities, thereby resulting in medium gross densities. The principal use of land may be one or several dwelling types, ranging from manufactured homes to low-rise multiple-family dwellings, and including two-family dwellings, garden apartments, apartment buildings, condominiums and townhouses. Recreational, religious and educational uses normally located to service adjacent residential areas are also permitted to meet the basic needs of a balanced, orderly, convenient, economical and attractive residential area. Allowed uses are required to utilize public water and sewer infrastructure. RML, Residential Multiple Family Dwelling District – Lower Density District, functions as a buffer or transition between major streets, or commercial or higher density residential areas.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units

Property details

Interior

Heating & Cooling
Has Heating
Heating: Natural Gas, Central
Has Cooling
Cooling: Electric, Window Unit(s)

Interior Features
Living Area Units: Square Feet
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Units: Square Feet
Levels: Two
Fireplaces Total: 0

Multi-Unit Information
Number Of Units Total: 11

Exterior

Exterior Features
Construction Materials: Brick

Property Information
Property Condition: Resale
Property Type: Residential Income
Property Sub Type: Multi Family
Structure Type: Multi Family, Other
Gross Income: 0

Lot Information
Lot Size Area: 1.77
Lot Size Square Feet: 77101.2
Lot Size Acres: 1.77
Lot Size Source: Public Records

Building Information
Year Built: 1971
Building Area Units: Square Feet

Financial

Tax Information
Parcel Number: N03 0009 012
Tax Annual Amount: 4320
Tax Year: 2013

Financial Information
Buyer Financing: Cash

Utilities

Utility Information
Water Source: Public
Utilities: Sewer Connected
Electric Expense: 0
Fuel Expense: 0

Location

Other Expenses
Maintenance Expense: 0

HOA Information
Association Fee: 0

School Information
Elementary School: Atkinson
Middle Or Junior School: Evans
High School: Newnan

Location Information
Unparsed Address: 58 Spring Street # 62, Newnan GA 30263
Unit Number: 62
State Or Province: GA
PostalCode: 30263
Country: US
Subdivision Name: None
Coordinates: -84.8032791,33.3737486
Directions: Spring Street just pass 1st ave.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Coweta County
APN: N03 0009 012

Home facts updated by county records on May 2, 2023

Other

Miscellaneous Information
Photos Count: 3

Listing Information
List Price: 515000
Search Price: 467500
Close Price: 467500
Listing Id: 7244922
Original List Price: 515000

Listing Date Information
On Market Date: 2014-03-31
Close Date: 2014-07-08
Purchase Contract Date: 2014-05-21
Off Market Date: 2014-05-21

Around this home

Schools

Elm Street Elementary School

Public PreK-5 • Assigned • 0.7mi

8/10

Evans Middle School

Public 6-8 • Assigned • 1.5mi

6/10

Newnan High School

Public 9-12 • Assigned • 0.8mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

6/10 Heat Factor

7 days above 104° expected this year, 19 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Newnan, GA • 30263

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.4 hours in June and 5.2 hours in December, which is comparable to the U.S. average for solar exposure.

9.4 hrs

5.2 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

$4,160,000

— beds— baths— sq ft

144 Jackson St, Newnan, GA 30263

NEW CONSTRUCTION

$6,000,000

36 beds— baths— sq ft

300 Elm St, Hogansville, GA 30230

New listings for sale in 30263

$399,000

4 beds2.5 baths2,512 sq ft

180 Smokey Ridge Dr, Newnan, GA 30263

$269,000

3 beds2 baths— sq ft

93 Virginia Heights Dr, Newnan, GA 30263

$495,900

3 beds2 baths2,404 sq ft

1136 Mt Carmel Rd, Newnan, GA 30263

$644,999

4 beds4 baths4,286 sq ft

142 Drews Ridge Dr, Newnan, GA 30263

COMING SOON

$360,000

6 beds3 baths2,318 sq ft

40 Happy Valley Ct, Newnan, GA 30263

$675,000

4 beds3 baths2,616 sq ft

56 West Washington St, Newnan, GA 30263

$90,000

3 beds2 baths1,512 sq ft

35 Redwood Cir, Newnan, GA 30263

3D WALKTHROUGH

$820,000

6 beds4.5 baths5,027 sq ft

65 Tanglewood Rd, Newnan, GA 30263

$235,000

3 beds2 baths1,460 sq ft

58 Sardis Church Rd, Newnan, GA 30263

Home values near 58 Spring St #62

Data from public records.

Address	Redfin Estimate
61 Spring St, Newnan, GA 3 Beds \| 2.5 Baths \| 2260 Sq. Ft.	$415,720
65 Spring St, Newnan, GA 4 Beds \| 4 Baths \| 4192 Sq. Ft.	$430,553

Address	Redfin Estimate
57 Spring St, Newnan, GA 4 Beds \| 2 Baths \| 3582 Sq. Ft.	$457,770
71 Spring St, Newnan, GA 3 Beds \| 4 Baths \| 4681 Sq. Ft.	$425,924

Address	Redfin Estimate
68 Spring St, Newnan, GA 3 Beds \| 1.5 Baths \| 1666 Sq. Ft.	$337,209
69 Spring St, Newnan, GA 3 Beds \| 2 Baths \| 2405 Sq. Ft.	$433,413

Property information provided by GAMLS when last listed in 2014. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Houses for rent in Newnan	Agents near me	Roswell, GA homes for sale	Newnan Housing Market
Houses for sale near me	Atlanta, GA homes for sale	Cumming, GA homes for sale
Land for sale near me	Alpharetta, GA homes for sale	Sandy Springs, GA homes for sale
Open Houses near me	Marietta, GA homes for sale	Newnan Property Records
Condos for sale near me	Savannah, GA homes for sale	GA New Listings

Douglasville homes for sale
Peachtree City homes for sale
Fayetteville homes for sale

30265 homes for sale
30277 homes for sale
30263 homes for sale