116 Peachtree St Griffin, GA 30223
Spalding County NeighborhoodEstimated payment $849/month
About This Home
Investor Special- Turnkey Duplex in Prime Downtown Griffin location!! Excellent opportunity to add a cash-flowing asset to your investment portfolio! This recently renovated duplex in the heart of Spalding County, -- just steps from UGA Griffin Campus and downtown Griffin--is fully tenant-occupied and generating immediate income. Each unit features 1 bedroom, 1 full bath, a functional kitchen and a comfortable den. Recent updates include new flooring and fresh paint throughout the last year reducing your upfront capital expenditure and ongoing maintenance concerns. Current gross monthly rent roll: $1550 with tenants already in place, this property is 100% occupied and ready to deliver returns from day one. Perfect for buy-and-hold investors seeking consistent cash flow with value-add potential down the line. Located in growing Griffin with strong rental demand. Please do not disturb tenants. 24-hour notice required for all showings. Contact listing agent to schedule for private showings.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $354
Year Built
- Built in 1920
Parking
- Over 1 Space Per Unit
Home Design
- Duplex
Interior Spaces
- 1-Story Property
- Crawl Space
Additional Features
- 0.28 Acre Lot
- Septic Tank
Community Details
- No Home Owners Association
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,619 | $53,248 | $2,640 | $50,608 |
| 2023 | $1,619 | $9,877 | $2,640 | $7,237 |
| 2022 | $264 | $7,270 | $1,760 | $5,510 |
| 2021 | $197 | $5,406 | $1,760 | $3,646 |
| 2020 | $197 | $5,406 | $1,760 | $3,646 |
| 2019 | $261 | $7,010 | $1,760 | $5,250 |
| 2018 | $253 | $6,633 | $1,760 | $4,873 |
| 2017 | $247 | $6,633 | $1,760 | $4,873 |
| 2016 | $263 | $6,958 | $1,760 | $5,198 |
| 2015 | $281 | $8,278 | $3,080 | $5,198 |
| 2014 | $340 | $8,558 | $3,360 | $5,198 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | For Sale | $149,900 | +17.1% | -- |
| 07/25/2023 07/25/23 | Sold | $128,000 | -5.2% | $76 / Sq Ft |
| 07/09/2023 07/09/23 | Pending | -- | -- | -- |
| 06/30/2023 06/30/23 | For Sale | $135,000 | -- | $80 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $128,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $36,500 | -- | |
| Warranty Deed | $18,050 | -- | |
| Foreclosure Deed | $238,194 | -- | |
| Deed | $40,000 | -- | |
| Deed | $5,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $260,000 | New Conventional | |
| Previous Owner | $41,515 | New Conventional |
Source: Georgia MLS
MLS Number: 10574639
APN: 110-06-011
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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