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  • $500,000

    724 Searcy Ave, Griffin, GA 30223

    4beds
    4baths
    --sqft
    : 
    Other, Residential Income
    Built in 1960
    -- sqft lot
    $484,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Off-street parkingAmple parkingNine buildingsFully remodeled inside
    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.
    23 days
    on Zillow
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    134
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    4
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    Zillow last checked: 7 hours ago

    Listing updated: April 03, 2025 at 05:10pm

    Listing Provided by:

    MARK SPAIN,

    Mark Spain Real Estate,

    ARLEEN HANNIBAL,

    Mark Spain Real Estate

    Source: FMLS GA,MLS#: 7549316MLS Logo
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    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 724 Searcy Ave.

    Next available tour time:Today at 1pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Wall Furnace
    Cooling
    • Ceiling Fan(s), Dual, Wall Unit(s)
    Features
    • Flooring: Carpet
    • Windows: Insulated Windows
    Video & virtual tour

    Property

    Parking
    • Parking features: Driveway, Level Driveway, Paved
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: No Dock
    • Fencing: None
    • Has view: Yes
    • View description: Neighborhood
    • Waterfront features: None
    • Body of water: None
    Lot
    • Size: 0.84 Acres
    • Dimensions: 92x363x112x257x157
    • Features: Level
    Details
    • Parcel number: 12706002
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Other, Residential Income
    Materials
    • Wood Siding
    • Roof: Metal,Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
    Green energy
    • Energy efficient items: None
    • Energy generation: None

    Community & HOA

    Community
    • Features: None
    • Security: None
    • Subdivision: Searcy
    HOA
    • Has HOA: No
    Location
    • Region: Griffin

    Financial & listing details

    • Tax assessed value: $82,782
    • Annual tax amount: $1,185
    • Date on market: 4/3/2025
    • Electric utility on property: Yes
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