1702 Albany Ave Waycross, GA 31503
Estimated payment $948/month
Highlights
- Corner Lot
- No HOA
- 1-Story Property
About This Home
Prime Investment Opportunity - Income-Producing Triplex with Expansion Potential! Discover a chance to own a high-performing multi-family triplex. Whether you're expanding your portfolio or stepping into your first investment property, this asset checks the right boxes for steady cash flow and long-term upside. Each unit is 1 bed, 1 bath, with a Kitchen, Living Room and separate entries for each. But even better-the lot offers the potential to be subdivided into a separate address, opening the door to build an additional duplex for extra rental income. With guidance from a civil engineer or surveyor to confirm setbacks, investors can unlock significant added value. This property is serviced by public water and sewer, a major advantage for low-maintenance ownership and future development. Tenants enjoy the convenience of all utilities included in rent, and a full expense spreadsheet is available, providing transparency and confidence for any buyer evaluating returns. This multifamily unit is perfect for buy-and-hold investors, long-term planners, or anyone seeking strong cash flow with room to grow. Contact your agent for showing instructions today.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,100
Year Built
- Built in 1930
Lot Details
- 0.87 Acre Lot
- Corner Lot
Home Design
- House
- Metal Roof
- Vinyl Siding
Interior Spaces
- 1,912 Sq Ft Home
- 1-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 3 Full Bathrooms
Parking
- Over 1 Space Per Unit
- Off-Street Parking
Utilities
- Window Unit Cooling System
Community Details
- No Home Owners Association
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 | $1,100 | $43,593 | $7,830 | $35,763 |
| 2023 | $1,122 | $24,432 | $3,758 | $20,674 |
| 2022 | $705 | $24,432 | $3,758 | $20,674 |
| 2021 | $605 | $19,285 | $3,758 | $15,527 |
| 2020 | $592 | $18,673 | $3,758 | $14,915 |
| 2019 | $588 | $18,184 | $3,758 | $14,426 |
| 2018 | $597 | $18,277 | $3,758 | $14,519 |
| 2017 | $601 | $18,277 | $3,758 | $14,519 |
| 2016 | $601 | $18,277 | $3,758 | $14,519 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/25/2025 11/25/25 | For Sale | $162,000 | +105.1% | $85 / Sq Ft | |
| 08/04/2025 08/04/25 | Sold | $79,000 | -12.1% | $41 / Sq Ft | View Prior Sale |
| 07/29/2025 07/29/25 | Pending | -- | -- | -- | |
| 07/21/2025 07/21/25 | For Sale | $89,900 | -- | $47 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $79,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $55,000 | -- | |
| Warranty Deed | -- | -- |
Source: Georgia MLS
MLS Number: 10649279
APN: 055B-118
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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