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$329,000
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Property Description
Rare opportunity to own an active income-producing 3-unit converted home on a sprawling 1.8-acre lot in Toccoa. The property features a central 2-bedroom residence with a large kitchen, complemented by two separate studio-style ADUs (Accessory Dwelling Units) with remodeled bathrooms. This layout is ideal for consistent rental cash flow or a multi-generational family seeking privacy. The infrastructure is built for efficiency and utility, featuring a high-capacity solar array installed just 3 years ago under a transferable 25-year warranty, alongside a common laundry area and expansive decks for tenant enjoyment. Beyond the existing units, the property offers a dedicated exterior workshop with its own 220V power panel, perfect for storage, projects, or potential conversion into 1 or 2 more units. The expansive 1.8-acre lot provides a significant foundation for future growth; the topography allows for the construction of a private entry road along the side of the home, facilitating the development of additional rental units on the rear of the property without disturbing the existing tenants. The sale is fully transparent and ready for a smooth closing. It includes a survey, plat, and an Accuworth report detailing the roof's condition.
Full Property Details
Full Property Details for 389 Collins Rd
General
- Price: $329,000
- Taxes: $1,813 (24)
- Status: Active
- Type: Multi-Family
- Source: GAMLS_Atlanta
- MLS ID: 10758233
- Updated: 5/20/2026
- Added to Site: 48 day(s) ago
Rooms
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Common Area
Parking
- Parking Features: Attached, Carport, Over 1 Space per Unit, Parking Pad, Parking Shed
Location
- County: Stephens
- Driving Directions: GPS works fine
School Information
- Elementary School: Big A
- Middle School: Stephens
- High School: Stephens
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air, Zoned
- Heating Type: Electric, Zoned
Utilities
- Water/Sewer: Public Sewer
- Utility Description: Electricity Billing Prorated, Sewer Connected, Water Billing Prorated
Structural Information
- Construction Status: Updated/Remodeled
- Basement Desc.: None
- Stories/Levels: One
- Year Built: 1963
Unit Information
Unit 1
- Unit Description: Other, Refrigerator, Smoke/Fire Alarm
- Square Feet: 250
- Bedrooms: 1
Unit 2
- Unit Description: Other, Range/Oven, Refrigerator, Smoke/Fire Alarm
- Square Feet: 710
- Bedrooms: 2
Unit 3
- Unit Description: Other, Refrigerator, Smoke/Fire Alarm
- Square Feet: 250
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 1.8
- Lot Size Range: 1.8
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $1,813.76
- Tax Year: 24
Listing Courtesy of: NorthGroup Real Estate Inc
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Schools
Schools serving 389 Collins Rd
School District:Stephens County School District
| Name | Grades | Distance |
|---|---|---|
Toccoa Elementary School 304 North Pond Street, Toccoa, GA 30577 | 3-4 | 0.9 mi |
Liberty Elementary School, Toccoa, GA 222 Old Liberty Hill Road, Toccoa, GA 30577 | 1-2 | 1.5 mi |
Big A Elementary School 289 Sorrells Drive, Eastanollee, GA 30538 | PK-K | 2.2 mi |
Stephens County Middle School 1315 Rose Lane, Toccoa, GA 30577 | 6-8 | 2 mi |
Stephens County High School 323 Indian Trl, Toccoa, GA 30577 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 389 Collins Rd
Date
Details
Price
Change
Source
5/06/2026
Listed
$329,000
115.03%
MLS
1/21/2022
Sold
$153,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 389 Collins Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,559
48%
$73,340
52%
2024
$1,724
8%
$48,367
7%
2023
$1,593
23%
$45,045
23%
2022
$1,300
34%
$36,755
41%
2021
$970
—
$26,034
1%
2020
$970
93%
$25,810
63%
2019
$503
—
$15,877
—
2018
$503
-2%
$15,877
—
2017
$511
2%
$15,877
—
2016
$503
3%
$15,877
8%
2015
$487
-2%
$14,667
—
2014
$495
-6%
$14,667
—
2013
$526
—
$14,667
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 389 Collins Rd
389 Collins Road, Toccoa, GA 30577 (MLS# 10758233) is a Multi-Family property with 3 units containing 4 bedrooms and 0 full bathrooms. 389 Collins Road is currently listed for $329,000 and was received on May 06, 2026. Want to learn more about 389 Collins Road? Do you have questions about finding other Multi-Family real estate for sale in Toccoa? You can browse all Toccoa real estate or contact a Coldwell Banker agent to request more information.

