$89,000

3554 Thorpe St Macon, GA 31204

$1,057
Closing credit¹
0.1 acres
Multi-Family

Property details

About 3554 Thorpe St

This LEGAL DUPLEX is a prime investment opportunity offering immediate RENTAL INCOME. Each unit features 2 BEDROOMS and 1 BATHROOM, complete with its own kitchen. Currently, the property generates $800 per month from long-term tenants on MONTH-TO-MONTH LEASES. With a certified ARV APPRAISAL of $135,000 and a detailed contractor bid of $40,000 for renovations to make both units SECTION 8 READY, this property has immense potential. Once updated, the duplex can yield $1,500 per month in rental income through the Macon Housing Authority, with an approved rent of $750 per unit—resulting in an impressive 20% ANNUAL RENTAL CAP RATE. This is an ideal opportunity for investors seeking to utilize a HARD MONEY BRIDGE LOAN, complete renovations, and refinance into a 30-YEAR MORTGAGE. The seller is willing to assist with tenant placement post-renovation. Don’t miss out on this high-yield investment. Contact us today for more details on financing, renovation plans, and how to maximize your return!

Highlights

Home typeDuplex
HeatingCentral, Other
StatusActive
CoolingCentral Air
Lot size0.11 Acres
Year built1984
MLS #7516566
ViewNeighborhood

Summary

  • MLS Number: 7516566
  • MLS Name: First Multiple Listing Service
  • Office Name: Keller Williams Realty Atl North
  • Office Phone: (770) 509-0700
  • Listing Agent: Gabriel Bettsack

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2025 First Multiple Listing Service, Inc.

IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 6:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house

$89,000

3554 Thorpe St

$1,057

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 20, 2023
Home Sold
$45,000
Jan 18, 2022
Home Sold
$24,000

Tax history

YearAssessmentProperty Tax
2023$39,093$1,157
2021$20,521$332
2020$20,521$796
2018$20,521$1,060
2017$19,875$744

History based on county public records data.

Nearby schools

3

John Robert Lewis Elementary School

Public District PK-5

0.9 mi

3522 Greenbriar Rd

2

Hartley Elementary School

Public District PK-5

1.9 mi

2230 Anthony Rd

2

Union Elementary School

Public District PK-5

2.0 mi

4831 Mamie Carter Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $24,191. Residents of Macon, GA typically earn less than $<35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

61%
<35k
36%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

47%
Single, No Kids
38%
Single, with Kids
10%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

25%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
32%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro WrestlingPro Wrestling
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Cicis PizzaCicis Pizza
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • PontiacPontiac
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Macon, GA

About 3554 Thorpe St

This home is located at 3554 Thorpe St in Macon, GA and zip code 31204. Features: 0 bathroom. It has been listed on Rocket Homes since January 30, 2025 and is currently priced at $89,000.

Macon, GA housing market in February 2025 saw over 10 listings sold above listed price, more than 21 sold at listed price and over 39 sold below. The number of listings in Macon, GA increased by 20.3% between January and February 2025. The median list price of listings available in February 2025 was $191,600, while the average time on the real estate market was 60 days.

From Rocket Homes Real Estate and based on county public records data.

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