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Off market
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  • $305,700

    8373 Thomas Rd, Jonesboro, GA 30238

    --beds
    0baths
    --sqft
    MultiFamily
    Built in 2001
    -- sqft lot
    $305,700 Zestimate®
    $--/sqft
    $1,395 Estimated rent

    Home value

    $305,700

    $229,000 - $416,000

    $1,395/mo

    Zestimate® history
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    $1,395/mo

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    $1,860/mo

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    $1,860/mo

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    What's special

    16 UNITS Built in 2001, this property has an advantageous unit mix (ALL 3/2) to push average rents even further. Located between Fayetteville and Riverdale to the North and South, the property is minutes away from 2 major retail/entertainment corridors that have all the major big box chains (Walmart, Target, Home Depot, Kroger, etc). Additionally, the property is wedged between the biggest Industrial corridors in the Southeast with over 196 Million SF of space along 85/75 (10-20 mins away) with leases signed by FedEx, Amazon, and XPO Logistics. As of July 25th, the property is 100% occupied with 100% of Rent Collected for the month. New ownership can take advantage of 5 units that remain in classic condition, and additional value add opportunities like W/D sets (all units have connections) and storage space charges (currently given free). 6.5% Cap on in place numbers

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air, Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Laundry: Hookups In Unit

    Property

    Parking
    • Total spaces: 1
    Features
    • Exterior features: Stucco, Wood
    Lot
    • Size: 1.90 Acres
    Details
    • Parcel number: 13247CA005

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Updated/Remodeled
    • Year built: 2001

    Utilities & green energy

    • Sewer: Sewer Connected, Sewer In Street
    • Water: Public Water
    Green energy
    • Energy efficient items: Water Heater-electric

    Community & neighborhood

    Location
    • Region: Jonesboro

    Other

    Other facts
    • Heating: Electric, Heat Pump, Central
    • HeatingYN: true
    • CoolingYN: true
    • AssociationFeeIncludes: Trash, Water, Sewer, Pest Control, Maintenance Structure
    • NumberOfUnitsTotal: 16
    • ConstructionMaterials: Stucco, Wood Siding
    • Cooling: Heat Pump, Central Air, Ceiling Fan(s)
    • ParkingFeatures: Storage, Off Street, Parking Pad
    • PropertyCondition: Updated/Remodeled
    • StructureType: Multi Family, Apartments (5+ Units)
    • CommunityFeatures: Sidewalks, Street Lights
    • Sewer: Sewer Connected, Sewer In Street
    • AssociationAmenities: Sidewalks, Street Lights, Underground Utilities, Walk To Schools
    • WaterSource: Public Water
    • GreenEnergyEfficient: Water Heater-electric
    • FarmLandAreaSource: Owner/Seller
    • LotDimensionsSource: Owner
    • LaundryFeatures: Hookups In Unit
    • BeastPropertySubType: Multifamily
    • MlsStatus: New
    • GrossIncome: 204480
    • NetOperatingIncome: 204480

    Price history

    DateEventPrice
    5/19/2004Sold$387,317+3.3%
    Source: Public Record Report a problem
    1/23/2004Sold$375,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,110 +8%$54,080
    2023$1,953 -4.3%$54,080 +4%
    2022$2,041 +61.5%$52,000 +62.5%

    Find assessor info on the county website

    Neighborhood: 30238

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Pointe South
    • Middle: Pointe South
    • High: Riverdale

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $305,700

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $305,700