$7,125 Closing Credit¹
#10489906, Mark Spain, Listing Office: Mark Spain Real Estate
$500,000 List price
724 Searcy Ave Griffin, GA 30223
$5,938
Closing credit¹
0.8 acres
Multi-Family
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
Home typeMulti Family
HeatingOther
StatusActive
CoolingCeiling Fan(s), Dual
Lot size0.84 Acres
Year built1960
ParkingOff Street
MLS #10488477
Summary
- Basement: No
- Attached Garage: No
- Parking: Off Street
- Heating: Other
- Cooling: Ceiling Fan(s), Dual
- List Price: $500,000
- Annual Tax Amount: $1,185
- Tax Year: 2023
- Directions: I-75 South to exit 205 towards Griffin. Keep right, follow signs for Griffin/UGA Griffin. Merge onto GA-16 W. Turn right onto Rehoboth Road. Drive for about one mile. Turn right on Searcy Ave.
- Year Built: 1960
- Lot Size: 0.84 Acres
- 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.
DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2025, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$500,000
724 Searcy Ave
$5,938
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
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. The majority of Griffin, GA residents have income less than $<35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
59%
<35k
38%
35k-100k
2%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
50%
Single, No Kids
20%
Single, with Kids
17%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
10%
12-17 yrs old
24%
18-34 yrs old
38%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
Figure Skating
Motocross
Where do the neighbors shop?
Wal-Mart
Kmart
Family Dollar
Where do the neighbors go to eat?
Sonic
Bob Evans
Dominos Pizza
What do the neighbors drive?
Oldsmobile
Buick
Ford
What do the neighbors listen to?
Contemporary Inspirational- Oldies
New Country
All data provided by Home Junction and Claritas
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 homes for sale in Griffin, GA increased by 19.4% between February and March 2025. In March 2025, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $269,692.
From Rocket Homes Real Estate and based on county public records data.