Property photo 1
Property photo 2

$300,000

120 Iris Drive, Lagrange GA, 30241

Price per sqftN/A
Built in1967
Property typeMulti-family

Overview

Active

New

Listed Nov 12, 2026

Updated 31h ago

Home Sweet Home, Room to Grow or Cash Flow! Whether you're looking to expand your investment portfolio or live in one unit while the other helps pay your mortgage, this solid brick ranch offers an opportunity you don't want to miss! Situated on a spacious 1-acre lot in a quiet, established neighborhood with convenient access to the interstate, this well-built home has great bones and has been converted into a fully functioning duplex with two income-producing units! The larger front unit features 3 bedrooms and 2 bathrooms, currently rented for $1,200 per month, while the private rear unit offers 1 bedroom and 1 bathroom, currently bringing in $1,050 per month. That's a combined $2,250 in monthly rental income, or $27,000 annually! Additional highlights include an open-concept carport, detached garage, and plenty of outdoor space on the generous lot. Whether you're a seasoned investor looking for your next income-producing property or a savvy buyer ready to take advantage of the benefits of house hacking, this property offers flexibility, functionality, and income potential all in one! Both units are currently tenant-occupied. Please do not disturb tenants. Showings by appointment only.

$1,996/mo

Est. mortgage payment based on a $300,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
10890489

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1 Acre

Other Property Details

Taxes
$2,422
Tax Frequency
Annually
Association Fee Frequency
Yearly

Listed with Villa Homes Realty

Based on information from Georgia MLS as of 11/14/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

©2026 Georgia MLS. All rights reserved. Information deemed reliable but not guaranteed. 

Data last updated 3:10 AM UTC, 11/14/2026

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