1197 Joree St, Valdosta, GA 31601
1197 Joree St, Valdosta, GA 31601
1197 Joree St, Valdosta, GA 31601
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Merritt Godwin

Merritt Godwin

+1(229) 220-1128
$620,000
Est. payment /mo
16 Beds
16 Baths
7,760 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 7,760 sqft

Price per Sqft $79

Subdivision No Recorded Subdivision

MLS Listing ID 928618

Style Traditional

Bedrooms 16

Full Baths 8

Half Baths 8

HOA Y/N No

Year Built 1979

Annual Tax Amount $7,772

Tax Year 2024

Lot Size 0.770 Acres

Property Sub-Type Multi Family

Property Description

8-unit multifamily opportunity in Valdosta with a clear value-add strategy already underway. Four units are currently leased through 2027, while four units are in the process of being updated - allowing a new owner to complete renovations and push rents to market rates. Each 970 sq ft unit features a 2BR/1.5BA two-story layout with in-unit laundry. Partial updates have been completed in most units, including LVP flooring, fresh paint, updated lighting and stainless appliances. Tenants pay all utilities. Major improvements include a new roof in 2017 and a resurfaced parking lot. Located near Valdosta State University, downtown, and Moody AFB, supporting strong and consistent rental demand. Well-positioned for an investor seeking in-place income with significant rent growth potential. Lowndes County Parcel Number 0117A 173.

Location

State GA

Area Other/See Remarks

Interior

Heating Central Heat/Air

Cooling Ceiling Fan(s), Central Heat/Air

Flooring Luxury Vinyl

Appliance Dishwasher, Electric Range, Freezer, Refrigerator, Washer/Dryer

Laundry Stackable Appliances

Exterior

View Y/N No

Roof Type Shingle

Building

Lot Description Corner Lot, Near Recreation, Near Schools, Near Shops, Grass

Story 2

Foundation Slab

Architectural Style Traditional

Level or Stories Two

Stories 2

Floor Plan Two

Others

Acceptable Financing Cash, Conventional, Other-See Remarks

Listing Terms Cash, Conventional, Other-See Remarks

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Listed by eXp Realty LLC

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Merritt Godwin

Merritt Godwin

+1(229) 220-1128

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