116 Ivey St Richmond Hill, GA 31324
Property details
About 116 Ivey St
Exceptional Investment Opportunity –Richmond Hill Triplex w/ As Is Monthly rental potential $4395-good cash flow Seize this rare opportunity to own a well-maintained, income-producing triplex in the heart of Richmond Hill! This versatile property features two 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit, offering ample living space for tenants. The seller has invested over $55,000 in recent upgrades, including new HVAC systems and plumbing enhancements, ensuring long-term reliability and added value. There’s also potential to further increase rental income and equity with additional updates, making this a savvy investment. Prime Location: Conveniently located near Highway 17 and I-95, tenants enjoy easy access to shopping, dining, and top-rated schools, making this property highly desirable. This is more than just an investment—it's a chance to own a piece of Richmond Hill’s rich history while securing strong rental income in one of Georgia’s most sought-after communities.
Highlights
Virtual tour
Summary
- Full Bathrooms: 3
- Appliances: Electric Water Heater
- Basement: No
- Total Bedroom Count: 7
- Parking: Off Street, Parking Lot
- Architectural Style: Bungalow
- Heating: Central, Electric
- Cooling: Central Air, Electric, Other, Window Unit(s)
- List Price: $525,000
- Price/SqFt: $131
- Annual Tax Amount: $4,670
- Tax Year: 2023
- Directions: From Ford Avenue, turn right onto Ivey Street and tri-plex is on the right.
- Year Built: 1940
- Living Area: 3,982 SqFt
- Lot Size: 0.29 Acres
- MLS Number: 327755
- MLS Name: SAV
- Office Name: Realty One Group Inclusion
- Office Phone: (912) 298-7200
- Office Email: jhoward@roginclusion.com
- Listing Agent: Kathleen Linzey
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Last updated on: 7/24/2025, 3:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $162,480 | $4,670 |
| 2022 | $67,800 | $2,129 |
| 2021 | $65,720 | $2,129 |
| 2020 | $65,720 | $1,907 |
| 2019 | $65,200 | $1,923 |
| 2018 | $54,160 | $1,598 |
| 2017 | $57,160 | $1,570 |
History based on county public records data.
Nearby schools
8
Carver Elementary School
Public District 4-5
0.4 mi
•476 Frances Meeks Way
8
Richmond Hill Elementary School
Public District 2-3
0.4 mi
•473 Frances Meeks Way
4
Southwest Elementary School
Public District PK-5
5.0 mi
•6020 Ogeechee Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,352. The majority of Richmond Hill, GA residents have income between $35k-100k annually. The most common type of family is married, with kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
College Football
Extreme Sports
Pro Wrestling
Where do the neighbors shop?
Express/Express For Men
Academy Sports & Outdoors
Family Dollar
Where do the neighbors go to eat?
Sonic
Little Caesars
Dominos Pizza
What do the neighbors drive?
Kia
Chevrolet
Ford
What do the neighbors listen to?
New Country
Country
Oldies
Frequently asked questions
About 116 Ivey St
The listing price of 116 Ivey St property is $525,000.
The property 116 Ivey St is a multi located in Richmond Hill, Georgia, 31324.
Active Listing: 116 Ivey St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 116 Ivey St are: Carver Elementary School (GreatSchools Rating 8/10), Richmond Hill Elementary School (GreatSchools Rating 8/10), Southwest Elementary School (GreatSchools Rating 4/10), Southwest Middle School (GreatSchools Rating 3/10), Georgetown K - 8 School (GreatSchools Rating 4/10), Richmond Hill Middle School (GreatSchools Rating 7/10), Richmond Hill High School (GreatSchools Rating 9/10), Windsor Forest High School (GreatSchools Rating 3/10), New Hampstead High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $4,670 (source: MLS/based on county public records data).
The property 116 Ivey St is 3,982 SqFt (source: MLS/tax record).
The year of construction for 116 Ivey St is 1940.
This home is located at 116 Ivey St in Richmond Hill, GA and zip code 31324. This 3,982 square foot home, which was built in 1940, sits on a 0.29 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 19, 2025 and is currently priced at $525,000.
Over 13 listings were sold over their listed price in June 2025 in Richmond Hill, GA. In the same period over 48 listings were sold below the listed price and 30 listings were sold for the listed price. The inventory of homes for sale in Richmond Hill, GA between May and June 2025 increased by 4%. In June 2025, listings were on the market for 73 days. During the same period, the median list price in this real estate market was $435,000.