720 W Main St Thomaston, GA 30286
Estimated payment $2,385/month
About This Home
GREAT CASH FLOW OPPORTUNITY - Discover this spacious and versatile multi-tenant dwelling located near down-town Thomaston, GA, perfect for investors or extended families. Featuring 10 bedrooms and 4 bathrooms, this property offers ample space, flexibility, and income potential. Ideal for house hacking, co-living arrangements, or long-term rental income, the layout provides both privacy and functionality for each tenant. Enjoy a shared kitchen and common areas, as well as ample off-street parking. Whether you're looking to expand your investment portfolio or live in one unit while renting out the others, this property delivers value and versatility. Don't miss this rare opportunity to own a high-yield, multi-unit property, schedule your private tour today! Tenants in place, please do not disturb.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,744
Year Built
- Built in 1929
Home Design
- Brick Exterior Construction
- Block Exterior
Parking
- Parking Pad
- Off-Street Parking
Schools
- Upson-Lee Elementary School
- Upson Lee Middle School
- Upson Lee High School
Additional Features
- 2-Story Property
- 0.35 Acre Lot
- Central Heating and Cooling System
- Unfinished Basement
Listing and Financial Details
- Tax Lot 227
Community Details
Overview
- No Home Owners Association
- 10 Units
- West Residential Subdivision
Building Details
- Operating Expense $1,750
- Gross Income $5,725
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 | $2,098 | $69,796 | $8,936 | $60,860 |
| 2023 | $2,098 | $67,336 | $8,936 | $58,400 |
| 2022 | $1,399 | $50,308 | $4,468 | $45,840 |
| 2021 | $1,224 | $42,928 | $4,468 | $38,460 |
| 2020 | $1,077 | $35,340 | $4,468 | $30,872 |
| 2019 | $699 | $30,087 | $3,575 | $26,512 |
| 2018 | $477 | $30,087 | $3,575 | $26,512 |
| 2017 | $982 | $28,103 | $3,575 | $24,528 |
| 2016 | $1,113 | $32,712 | $3,072 | $29,640 |
| 2015 | $1,121 | $33,215 | $3,575 | $29,640 |
| 2014 | $1,316 | $38,711 | $3,575 | $35,136 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | For Sale | $399,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $55,000 | -- | |
| Foreclosure Deed | $129,187 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $28,729 | Mortgage Modification | |
| Closed | $41,250 | Commercial | |
| Previous Owner | $129,186 | No Value Available |
Source: Georgia MLS
MLS Number: 10525457
APN: T11-106
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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