3559 Morgan Dr Macon, GA 31204
--
Bed
--
Bath
1,710
Sq Ft
0.44
Acres
Highlights
- No HOA
- 1-Story Property
- Central Heating and Cooling System
About This Home
As of June 2025Welcome to your new cash cow in Macon, GA! This income-producing rooming house is a rare opportunity to own a high-demand property boasting a current gross income of $2,745 while being 85% occupied. But wait, it gets better. The property will be fully occupied on April 1st, and gross $3,145! This property features seven rooms and one studio apartment, with rent ranging from $300 to $635 per month. Most of the tenants are on social security, making them reliable and stable for the rooming house business. As an added bonus, Room 2 is occupied by an assistant rooming house manager, who is a long-term tenant for three years and pays rent on time every month. Room 3, Room 4, Room 5, and Room 7 are all occupied by social security tenants who have payees, ensuring guaranteed rent and making this rooming house an ideal investment for those seeking a reliable income stream. Room 1 is used as a utility room. The studio apartment is a gem, generating $635 per month. Landlord is responsible for paying all utilities and cable, which average $600 monthly. Improvements include newer roof, flooring, HVAC systems, and upgraded kitchens & bathrooms. Don't miss out on this rare opportunity to invest in this highly profitable and stable cash cow in Macon, GA! Contact us today to schedule a showing!
Last Agent to Sell the Property
Keller Williams Realty Atlanta North License #328792 Listed on: 03/22/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $822
Year Built
- Built in 1948
Home Design
- Brick Exterior Construction
- Slab Foundation
Parking
- 2 Parking Spaces
- Parking Pad
Schools
- Southfield Elementary School
- Howard Middle School
- Howard High School
Additional Features
- 1-Story Property
- 0.44 Acre Lot
- Central Heating and Cooling System
Listing and Financial Details
- The owner pays for cable TV, electricity, gas, sewer, garbage, water
Community Details
Overview
- No Home Owners Association
- 2 Units
- New Suburb Beautiful Subdivision
Building Details
- Gross Income $2,745
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 19, 2025
Closed on
Jun 27, 2025
Sold by
Quick Goal Llc
Bought by
Steib Holdings Revocable Living Trust and Steib
Seller's Agent
GEORGE ANSONG
Maximum One Greater Atlanta Realtors
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$115,000
Sold Price
$89,000
Premium/Discount to List
-$26,000
-22.61%
Views
78
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1552.77%
Purchase Details
Closed on
Oct 4, 2023
Sold by
Hansen Gibson Sr Donald
Bought by
Quick Goal Llc
Purchase Details
Listed on
Mar 22, 2023
Closed on
Apr 6, 2023
Sold by
Morgan Dr Holdings Llc
Bought by
Hansen Gibson Donald
Seller's Agent
GABRIEL BETTSACK
Keller Williams Realty Atlanta North
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$139,000
Sold Price
$139,000
Views
140
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.00%
Purchase Details
Closed on
Mar 30, 2022
Sold by
Tops Housing Llc
Bought by
Morgan Dr Holdings Llc
Purchase Details
Closed on
Oct 8, 2021
Sold by
Walls Investment Properties Llc
Bought by
Jia Quidong
Purchase Details
Closed on
Mar 4, 2020
Sold by
Walls Investment Properties Llc
Bought by
Walls Investment Properties Llc and Tops Housing Llc
Purchase Details
Closed on
Jul 20, 2018
Sold by
Little Louise D and Whisby Roosevelt
Bought by
Walls Investment Properties Llc
Purchase Details
Closed on
Jun 8, 2012
Sold by
Lancaster Howard C
Bought by
Little Louise D and Whisby Roosevelt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 5, 2005
Bought by
Lancaster Howard C
Purchase Details
Closed on
Oct 8, 2004
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Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $89,000 | None Listed On Document | |
| Special Warranty Deed | $60,000 | None Listed On Document | |
| Special Warranty Deed | $139,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $30,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Limited Warranty Deed | $12,000 | None Available | |
| Warranty Deed | $20,000 | None Available | |
| Deed | $100 | -- | |
| Deed | $90,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $20,000 | Purchase Money Mortgage | |
| Previous Owner | $30,400 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | Sold | $89,000 | -34.1% | $52 / Sq Ft |
| 06/13/2025 06/13/25 | Price Changed | $135,000 | +51.7% | $79 / Sq Ft |
| 06/12/2025 06/12/25 | Pending | -- | -- | -- |
| 06/11/2025 06/11/25 | Price Changed | $89,000 | -22.6% | $52 / Sq Ft |
| 03/19/2025 03/19/25 | For Sale | $115,000 | -17.3% | $67 / Sq Ft |
| 04/06/2023 04/06/23 | Sold | $139,000 | 0.0% | $81 / Sq Ft |
| 03/28/2023 03/28/23 | Pending | -- | -- | -- |
| 03/22/2023 03/22/23 | For Sale | $139,000 | -- | $81 / Sq Ft |
Source: Georgia MLS
Tax History Compared to Growth
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 | $610 | $54,588 | $3,210 | $51,378 |
| 2023 | $1,045 | $35,290 | $2,600 | $32,690 |
| 2022 | $822 | $23,738 | $2,758 | $20,980 |
| 2021 | $622 | $16,373 | $1,563 | $14,810 |
| 2020 | $636 | $16,373 | $1,563 | $14,810 |
| 2019 | $188 | $16,373 | $1,563 | $14,810 |
| 2018 | $1,342 | $16,373 | $1,563 | $14,810 |
| 2017 | $613 | $16,373 | $1,563 | $14,810 |
| 2016 | $877 | $25,345 | $3,310 | $22,035 |
| 2015 | $1,241 | $25,345 | $3,310 | $22,035 |
| 2014 | $1,427 | $25,345 | $3,310 | $22,035 |
Source: Public Records
Agents Affiliated with this Home
-
G
Seller's Agent in 2025
GEORGE ANSONG
Maximum One Greater Atlanta Realtors
-
N
Buyer's Agent in 2025
NON-MLS NMLS
Non FMLS Member
-
G
Seller's Agent in 2023
GABRIEL BETTSACK
Keller Williams Realty Atlanta North
-
G
Buyer's Agent in 2023
Glenda Broker
Non-Mls Company
Map
Source: Georgia MLS
MLS Number: 10141924
APN: N072-0349
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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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