Refurbished Multi-Unit Apartment Building in Cherokee Heights – Prime Investment Opportunity -- Listed below appraised value! Discover a unique opportunity to own a restored historic property in the heart of Cherokee Heights, just 1 mile from Waycross Hospital. Originally built in 1898, this charming multi-unit residence has been thoughtfully renovated while preserving its timeless character. Spanning nearly 6,300 square feet, this expansive property features five oversized apartments, each with its own private entrance, kitchen, bathroom, bedroom, electric meter, and independent AC/heating unit. Every unit offers generous living space, ideal for tenants. Updates include: electrical rewire, tankless gas water heater, ample off-street parking, modernized utilities with separate power meters for each unit, etc- all up to code. The current owner covers water, trash, gas, and lawn care making this a streamlined, tenant-friendly investment. With all renovations finalized, this is a great opportunity for investors or owner-operators seeking to create a cash flow.
For sale
Price cut: $5.9K (11/24)
$289,000
415 Dewey St, Waycross, GA 31501
9beds
6,294sqft
Est.:
Multi Family
Built in 1898
-- sqft lot
$-- Zestimate®
$46/sqft
$-- HOA
What's special
Ample off-street parkingGenerous living spaceElectric meterOversized apartmentsPrivate entrance
- 175 days |
- 839 |
- 63 |
Zillow last checked: 8 hours ago
Listing updated: November 24, 2025 at 09:34am
Listed by:
Jordan DuPont 912-288-2282,
Compass360 Realty, Inc.,
Jody DuPont 912-288-4809,
Compass360 Realty, Inc.
Source: GIAOR,MLS#: 1654761Originating MLS: Golden Isles Association of Realtors
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Electric, Window Unit, Wall Furnace
Cooling
- Electric, Wall Unit(s), Window Unit(s)
Appliances
- Included: Microwave, Oven, Range, Refrigerator
Features
- Flooring: Hardwood
- Basement: Crawl Space
Interior area
- Total interior livable area: 6,294 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway, On Street, Unpaved
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch, Porch
- Exterior features: Porch, Unpaved Driveway
Lot
- Size: 0.33 Acres
- Features: City Lot
Details
- Parcel number: WA2303036
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Siding
- Foundation: Crawlspace
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1898
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected
Community & HOA
Community
- Subdivision: No Recorded Subdivision
HOA
- Has HOA: No
Location
- Region: Waycross
Financial & listing details
- Price per square foot: $46/sqft
- Tax assessed value: $360,000
- Annual tax amount: $2,709
- Date on market: 6/18/2025
- Cumulative days on market: 176 days
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/24/2025 | Price change | $289,000-2%$46/sqft |
Source: GIAOR #1654761 Report a problem | ||
| 6/18/2025 | Listed for sale | $294,900+6.9%$47/sqft |
Source: GIAOR #1654761 Report a problem | ||
| 11/5/2024 | Listing removed | $275,900-0.5%$44/sqft |
Source: GIAOR #1647522 Report a problem | ||
| 10/13/2024 | Price change | $277,400-0.9%$44/sqft |
Source: GIAOR #1647522 Report a problem | ||
| 10/4/2024 | Price change | $279,900-1.8%$44/sqft |
Source: GIAOR #1647522 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,966 +21.3% | $144,000 +40.3% |
| 2023 | $4,095 +51.1% | $102,620 |
| 2022 | $2,710 +10.2% | $102,620 +80.3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,739/mo
Principal & interest
$1395
Property taxes
$243
Home insurance
$101
Climate risks
Neighborhood: 31501
Nearby schools
GreatSchools rating
- 7/10Williams Heights Elementary SchoolGrades: K-5Distance: 0.2 mi
- 6/10Waycross Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Ware County High SchoolGrades: 9-12Distance: 2.6 mi
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