389 Collins Rd, Toccoa, GA, 30577
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1963
Materials
- Construction materials: Aluminum Siding,Concrete,Press Board,Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Triplex
Interior
Appliances
- Laundry features: Common Area
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating & Cooling
- Heating features: Electric,Zoned
- Cooling features: Ceiling Fan(s),Central Air,Zoned
Property
Details
- Parcel number: T28 168
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 1.80 Acres
Parking
- Total spaces: 6
- Parking features: Attached,Carport,Over 1 Space per Unit,Parking Pad,Parking Shed
- Has uncovered spaces: Yes
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Ice Storm
- Lightning
- Tornado
- Cold Wave
- Hail
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Georgia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,663 | $19,956 |
| Home Insurance * | $218 | $2,616 |
| Property Taxes | $194 | $2,328 |
| Electricity | $219 | $2,637 |
| Total | $2,294 | $27,528 |
Income You'd Need if You Spent...
Georgia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Listed for sale | $329,000 |
| 2026-05-02 | Price change | $1,250 |
| 2026-04-28 | Listed for rent | $1,300 |
| 2026-04-17 | Listing removed | $1,250 |
| 2026-04-14 | Price change | $1,250 |
| 2026-03-23 | Price change | $1,300 |
| 2026-03-12 | Listed for rent | $1,400 |
| 2025-03-09 | Listing removed | $1,300 |
| 2025-01-31 | Listed for rent | $1,300 |
| 2024-02-21 | Listing removed | -- |
| 2024-01-22 | Price change | $1,200 |
| 2024-01-07 | Price change | $1,300 |
| 2024-01-02 | Listed for rent | $1,250 |
| 2023-09-29 | Listing removed | -- |
| 2023-09-07 | Price change | $1,800 |
| 2023-08-22 | Listed for rent | $1,950 |
| 2023-08-01 | Listing removed | -- |
| 2023-07-14 | Listed for rent | $900 |
| 2023-05-25 | Listing removed | -- |
| 2023-05-02 | Listed for rent | $1,500 |
| 2023-04-08 | Listing removed | -- |
| 2023-04-03 | Listed for rent | $1,500 |
| 2022-01-24 | Sold | $153,000 |
| 2021-12-28 | Pending sale | $164,900 |
| 2021-11-29 | Listed for sale | $164,900 |
| 2019-11-19 | Sold | $78,000 |
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