Sold Price cut: $5,000 (6/18)
$145,000
1 beds · 2 baths · 622 sqft
150 Spring Street, Newnan, GA 30263
Great deal
Priced about $26,763 (16%) below comparable homes. Estimated market value $171,763, based on 20 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Investor Special – Great Rental Opportunity in Newnan!
Don’t miss this cozy 1-bedroom, 1.5-bath home at 150 Spring St, Newnan, GA. With a little TLC, this property could become an excellent income-producing rental or a low-maintenance residence. The home offers a practical layout and sits on a nice lot with convenient access to downtown Newnan, shopping, dining, schools,…
PoolBasementNo HOA
Listing remarks courtesy of Mark Spain Real Estate · Sold by Nex Gen Realty & Associates., LLC..
· FMLS #7577586$991/mo est.
with $14,500 down · $145,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Home details
1
Beds
2
Baths
622
Sqft
1930
Built
0.15 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$975/morange $900 – $1,0508.1% gross yield
Based on 8 similar rentals within 2 mi (2 recently leased).
2 bd · 1 ba · 907 sqft · 0.3 mi away · leased$1,475/mo2 bd · 3 ba · 1,332 sqft · 1.9 mi away$2,023/mo2 bd · 3 ba · 1,332 sqft · 1.9 mi away$2,022/mo2 bd · 3 ba · 1,305 sqft · 2 mi away$1,972/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$1,033/mo
Principal & interest$846
Property taxes$145
Home insurance$42
Down payment$14,500 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
Estimated valueListed for sale
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Schools
Ruth HillElementary
Smokey RoadMiddle
NewnanHigh
Location
10 for sale 2 pending 12 sold
Listed by
Mark Spain Real Estate · Sold by Nex Gen Realty & Associates., LLC.
Source: FMLS · #7577586
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© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.
