724 Searcy Avenue
Griffin, GA 30223
- – beds
- – baths
- – sqft
- ~3/4 acre lot
- 1960 build
- – on site
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.
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Last updated Apr 3, 2025
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MLS# 10488477 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1960
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Construction Materials:Wood Siding
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Structure Type:Other
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# of Units Total:4
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Levels:One
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Basement:None
Financial & Terms
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Possession:Close Of Escrow
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Owner Pays:Other
Location
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Latitude:33.239392
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Longitude:-84.236069
The Property
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Property Type:Residential Income
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Property Condition:Resale
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Lot:5
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Lot Size Acres:0.84
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Lot Size Source:Public Records
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Parcel Number:127 06002
Listing Agent
- Contact info:
- Agent phone:
- (770) 886-9000
- Office phone:
- (770) 886-9000
Taxes
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Tax Year:2024
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Tax Annual Amount:$1,185
Heating & Cooling
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Heating:Other
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Cooling:Ceiling Fan(s), Dual
Utilities
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Utilities:Other
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Sewer:Septic Tank
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Water Source:Public
Schools
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District:2
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Elementary School:Futral Road
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Elementary Bus:Yes
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Middle School:Rehoboth Road
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Middle School Bus:Yes
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High School:Spalding
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High School Bus:Yes
The Community
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Subdivision:Searcy
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Community Features:None
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Association:No
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Association Fee Includes:None
Parking
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Parking Features:Off Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/3/25
Apr 3, 2025
|
Listed / Active | GAMLS | $500,000 |