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.
Active
$500,000
724 Searcy Ave, Griffin, GA 30223
4beds
4baths
--sqft
Est.:
Other, Residential Income
Built in 1960
-- sqft lot
$484,100 Zestimate®
$--/sqft
$-- HOA
What's special
Off-street parkingAmple parkingNine buildingsFully remodeled inside
- 23 days
- on Zillow |
- 134 |
- 4 |
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#: 7549316

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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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