Unlock the potential with this unique property offering built-in opportunities for expansion and income! The finished portion of the home features 2 bedrooms and 1 bathroom, providing comfortable living from day one. An additional unfinished section is already framed and ready for your finishing touches, with the potential to create a spacious 3-bedroom, 2-bathroom living area. Whether you're looking to generate rental income, create a multi-generational living arrangement, or expand your investment portfolio, this property offers endless possibilities. Live in one side while renting the other, finish the additional space for long-term or short-term rental income, or customize it to fit your needs. With much of the groundwork already in place, this is a rare opportunity to add value and build equity while creating multiple streams of income. Don't miss your chance to transform this versatile property into the investment or dream home you've been looking for!
Active
$249,900
1197 Highway 115, Demorest, GA 30535
2beds
1baths
--sqft
Multi Family, Duplex
Built in 1955
-- sqft lot
$237,100 Zestimate®
$--/sqft
$-- HOA
What's special
- 58 days
- 240
- 4
Zillow last checked:
Listing updated:
Listed by:
Amanda Stewart 706-499-1029,
Keller Williams Lanier Partners
Source: GAMLS,MLS#: 10809006
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Central
Cooling
- Ceiling Fan(s)
Features
- Basement: Crawl Space
- Has fireplace: No
Property
Parking
- Parking features: Side/Rear Entrance
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.5 Acres
Details
- Parcel number: 023 041
- Special conditions: Rental
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Vinyl Siding
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Underground Utilities
Community & HOA
Community
- Features: None
- Subdivision: NONE
HOA
- Has HOA: No
- Services included: None
Location
- Region: Demorest
Financial & listing details
- Tax assessed value: $151,260
- Annual tax amount: $611
- Date on market: 7/20/2026
- Cumulative days on market: 58 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$237,100
$225,000 - $249,000
$1,196/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Listed for sale | $249,900 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,379 +125.6% | $60,504 +139% |
| 2024 | $611 +20.6% | $25,312 +24.8% |
| 2023 | $507 | $20,276 +10.2% |
| 2022 | -- | $18,396 +14.3% |
| 2021 | -- | $16,092 +10.5% |
| 2020 | -- | $14,564 |
| 2019 | $72 | $14,564 -60% |
| 2018 | $72 | $36,410 +177.5% |
| 2017 | $72 +46.9% | $13,120 -60% |
| 2016 | $49 +35.6% | $32,800 |
| 2015 | $36 -7.6% | $32,800 -2.4% |
| 2014 | $39 | $33,620 +150% |
| 2013 | $39 | $13,448 -63.1% |
| 2012 | -- | $36,450 -13.2% |
| 2011 | -- | $42,010 -7.7% |
| 2010 | -- | $45,490 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 30535
Nearby schools
Schools provided by the listing agent
- Elementary: Fairview
- Middle: South Habersham
- High: Habersham Central
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




