$549,000

116 Ivey St Richmond Hill, GA 31324

Estimated payment $3,506/month

Total Views 4,393
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Dr. George Washington Carver Elementary School Rated A-
  • Property is near schools
  • Wood Siding

About This Home

Exceptional Investment Opportunity - Triplex in Richmond Hill! This versatile and well-maintained Triplex offers the perfect combination of spacious living and modern convenience.Two of the units feature 2 bedrooms and 1 bath, while the third boasts 3 bedrooms and 1 bath, providing ample space for tenants to enjoy. The seller has invested over $55,000 in recent upgrades, including new HVAC systems and plumbing enhancements, ensuring long-term reliability and value. Prime Location: Centrally positioned in Richmond Hill, this property offers quick access to Hwy 17 & I-95, placing tenants near shopping, dining, and top-rated schools. This upgraded Triplex is more than just an investment-its an opportunity to own a piece of Richmond Hill's rich history while securing steady rental income in one of Georgia's most desirable locations. Can be sold along with Qualplex at 96 Ivey St MLS#326427

Listing Agent

Kathleen Linzey

Realty One Group Inclusion License #367130 Listed on: 03/06/2025

Realty One Group Inclusion

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,688

Year Built

  • Built in 1940

Home Design

  • Triplex
  • Wood Siding

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Location

  • Property is near schools
  • Property is near shops

Schools

  • Richmond Hill Primary/Elementa Elementary School
  • Richmond Hill Middle School
  • Richmond Hill High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System

Additional Features

  • 1.5-Story Property
  • 0.29 Acre Lot

Community Details

  • No Home Owners Association
  • 3 Units
  • Richmond Hill Subdivision

Listing and Financial Details

  • Tax Lot 26

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,688

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1940
  • Levels: One, One and One Half
  • Lot Size Acres: .29
  • Structure Type: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Wood Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 3

Utilities

  • Cooling: Central Air, Electric, Other, Window Unit(s)
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Richmond Hill Primary/Elementa
  • High School: Richmond Hill
  • Middle School: Richmond Hill
  • Elementary School: Richmond Hill Primary/Elementa
  • Middle School: Richmond Hill
  • High School: Richmond Hill

Lot Info

  • Lot: 26

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5688

Multi Family

  • NumberOfUnitsTotal: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,689 $199,680 $22,000 $177,680
2023 $4,671 $162,480 $22,000 $140,480
2022 $2,129 $67,800 $22,000 $45,800
2021 $2,072 $65,720 $22,000 $43,720
2020 $1,907 $65,720 $22,000 $43,720
2019 $2,093 $65,200 $22,000 $43,200
2018 $1,598 $54,160 $18,000 $36,160
2017 $1,570 $57,160 $16,000 $41,160
2016 $1,583 $57,200 $16,000 $41,200
2015 $1,584 $56,680 $16,000 $40,680
2014 $1,492 $53,280 $16,000 $37,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2025 03/19/25 For Sale $525,000 -4.4% $132 / Sq Ft
03/06/2025 03/06/25 For Sale $549,000 +28.5% --
02/18/2022 02/18/22 Sold $427,200 +0.5% $107 / Sq Ft
02/03/2022 02/03/22 For Sale $425,000 -- $107 / Sq Ft
Source: Georgia MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Limited Warranty Deed $507,000 --
Deed -- --
Source: Public Records

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Source: Georgia MLS

MLS Number: 10472768

Georgia MLS

APN: 0532-141