#10489906, Mark Spain, Listing Office: Mark Spain Real Estate
724 Searcy Ave Griffin, GA 30223
Property details
About 724 Searcy Ave
Prime Multi-Family Investment Opportunity 712 & 724 Searcy Avenue, Griffin, GA Exceptional investment opportunity in Griffin, Georgia! These two adjacent properties, totaling 6.44 acres, feature nine buildings with significant income potential, making them ideal for investors or multi-generational living. Property Breakdown: 712 Searcy Avenue (5 buildings): 714A, 714B, 716 Three separate single-family homes. 712 Unfinished apartment currently used as a photography and recording studio. Easily convertible back to a rental unit (kitchen and bathroom connections available). 712A Large garage and workshop. 724 Searcy Avenue (4 buildings): 724 Main house, zoned for residential and commercial use (formerly a grocery store). 720A, 720B, 722 Three additional single-family homes. Key Features: Income Potential Approximate total monthly rental income of $8,400 across nine buildings. Turnkey & Renovated Seven units have been fully remodeled inside. Ample Parking Off-street parking and a garage with 18-20 spaces. Multi-Use Zoning One building is residential/commercial, offering potential business opportunities. Spacious & Versatile Ideal for an investor portfolio or a multi-generational family. Prime Location Close to schools, shopping, and local amenities, enhancing rental appeal. Exterior renovations are needed, providing a value-add opportunity for investors looking to increase equity. Don't miss out on this unique investment opportunity! Schedule a showing today.
Highlights
(New)
Summary
- MLS Number: 10488477
- MLS Name: Georgia MLS 2
- Office Name: Mark Spain Real Estate
- Listing Agent: Mark Spain
Based on information from the Georgia MLS © 2025.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
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Last updated on: 4/8/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$500,000
724 Searcy Ave
$5,938
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 13, 2020 | Home Sold | $78,000 |
Aug 13, 2020 | Home Sold | $114,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $33,113 | $1,185 |
2022 | $31,440 | $1,143 |
2021 | $28,348 | $1,143 |
2020 | $28,348 | $1,030 |
2019 | $28,348 | $1,055 |
2018 | $25,806 | $986 |
2017 | $25,806 | $959 |
History based on county public records data.
Nearby schools
5
Futral Road Elementary School
Public District PK-5
1.1 mi
•180 Futral Rd
5
Jackson Road Elementary School
Public District PK-5
1.1 mi
•1233 Jackson Rd
5
Crescent Road Elementary School
Public District PK-5
1.7 mi
•201 Crescent 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 $26,207. Typical income of Griffin, GA residents is less than $<35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
This home is located at 724 Searcy Ave in Griffin, GA and zip code 30223. Features: 0 bathroom. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $500,000.
While more than 10 listings in Griffin, GA in March 2025 were sold above asking price, there were more than 16 listings sold at asking price, and more than 35 were sold below. The number of listings in Griffin, GA increased by 19.4% between February and March 2025. The median list price of listings available in March 2025 was $269,692, while the average time on the real estate market was 54 days.